Back to Search
Leased Duplex with Attached Garages

1327 E 21st Street Loveland, CO 80538

New
1327 E 21st Street, Loveland, CO, 80538
$474,900
For Sale
$474,900

New Traditional, Other - Loveland, CO

Property Size1,810 SF
Lot Size0.23 Acres
Price / SF$262.38
Days on Market5

Property Features for 1327 E 21st Street

General Information

Property type
Other
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking
2
Interior features
Built-in Features, Open Floorplan
Exterior features
Rain Gutters
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Standard status
Active
APN
R0336548
Size
1,810 SF
Lot size
0.23 Acres

Utilities

Heating system
Forced Air

Building Details

Year built
1973
Floors in Building
1
Flooring type
Carpet, Laminate, Tile
Roof type
Composition
Architectural style
New Traditional
Listing Agency Engel & Völkers Denver
4272 Lowell Boulevard, Denver, CO
Listed by Danielle Lambert
Added: Jul 14 Checked: Jul 18 at 1:06 am
MLS# 3958758 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This traditional duplex is configured with two residential units, each featuring 2 bedrooms, 1 bathroom, an attached garage, and a large fenced backyard. The property is described as fully leased on both sides. Recent updates include a brand-new roof to be installed prior to closing, freshly painted exterior, and improvements noted in unit 1331 with an updated kitchen and bathroom and new flooring. The property has also been pre-inspected for added buyer confidence.

Located at 1327 E 21st Street in Loveland, Colorado (Larimer County), the duplex is positioned as a residential income asset in the provided Loveland neighborhood context.

With matching unit layouts and outdoor space on each side, the property presents a straightforward duplex configuration for ongoing rental use, supported by the stated rental history and current occupancy.

Key Highlights

  • Duplex built in 1973 with two leased units, each offering 2 bedrooms and 1 bathroom
  • Each unit includes an attached garage and a large fenced backyard
  • Brand‑new composition 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 (±1% cap)
NOI $18,630 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$246.1K
$215.3K – $287.1K (±1% cap)
NOI $17,227 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$485.8K
$425.1K – $566.8K (±1% cap)
NOI $34,008 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Food Market Daycare Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two leased sides, each offering two bedrooms, one bath, an attached garage, and a large fenced yard.
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: Duplex built in 1973 with two leased units, each offering 2 bedrooms and 1 bathroom; Each unit includes an attached garage and a large fenced backyard; Brand‑new composition roof to be installed prior to closing
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message