Leased Duplex with Fenced
1327 E 21st Street Loveland, CO 80538
New
1327 E 21st Street, Loveland, CO, 80538
$474,900
For Sale
$474,900
Fully leased duplex with two 2-bedroom, 1-bath units, each featuring an attached garage and large fenced backyard.
Property Size1,810 SF
Price / SF$262.38
Days on Market6
Property Features for 1327 E 21st Street
General Information
- Standard status
- Active
- Size
- 1,810 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1973
Listing Agency
Engel & Volkers Denver
(303) 358-3549
Listed by
Danielle Lambert · License #100078233
(303) 358-3549
Source
Exitrealty
Added: Jul 15 Updated: Jul 18 at 3:24 am Checked: Jul 19 at 3:53 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers Denver
Investment Insights
Based on property information with market context.
This duplex is fully leased and offers two units, each with 2 bedrooms and 1 bathroom. Each unit includes an attached garage and a large fenced backyard. Unit 1331 has a tastefully updated kitchen and bathroom, along with new flooring.
The exterior was freshly painted recently, and the property has been pre-inspected for added buyer confidence. A brand-new roof will be installed prior to closing.
Overall, the property presents a straightforward two-unit residential income setup in a Loveland neighborhood.
The exterior was freshly painted recently, and the property has been pre-inspected for added buyer confidence. A brand-new roof will be installed prior to closing.
Overall, the property presents a straightforward two-unit residential income setup in a Loveland neighborhood.
Key Highlights
- Fully leased duplex (2 units) with a two 2‑bedroom, 1‑bath unit layout
- Each unit includes an attached garage and a large fenced backyard
- Brand‑new roof to be installed prior to closing
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $15.36 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $26.6k | $14.70 |
| − OpEx | −$8.0k | −$4.41 |
| NOI | $18.6k | $10.29 |
1,810 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$266.1K
$232.9K – $310.5K
NOI $18,630 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$246.1K
$215.3K – $287.1K
NOI $17,227 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$485.8K
$425.1K – $566.8K
NOI $34,008 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully leased duplex with two 2-bedroom, 1-bath units, each featuring an attached garage and large fenced backyard.
Where is this duplex located?
The property is located at 1327 E 21st Street Loveland, CO.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Fully leased duplex (2 units) with a two 2‑bedroom, 1‑bath unit layout; Each unit includes an attached garage and a large fenced backyard; Brand‑new roof to be installed prior to closing
