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Updated Duplex with Garages
For Sale
$590,000
Pending

1640-1642 Cheyenne Avenue, Loveland, CO 80538

Two-unit property with refreshed interiors, private fenced yards, and individual garage parking.

Property SizeContact for details
Days on Market115

Property Features for 1640-1642 Cheyenne Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,558

Amenities

central air conditioning
private fenced backyards

Building Details

Year Built 1974
Year Renovated 2024
Buildings 1
Listing Agency: Group Harmony
Listed By: Taylor Dye · License #100076689
Source: Exitrealty
Added: May 8 Changed: Aug 29 Last Checked: Aug 29 at 8:33PM

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 Group Harmony

Investment Insights

Based on property information with market context.

This 1974 duplex received comprehensive updates in 2024, including new windows, furnaces, central air conditioning, flooring, kitchens, appliances, bathrooms, and landscaping. Each unit has an attached 1-car garage, driveway parking, street parking, and a private fenced backyard. One residence is ready for showings, while the other is leased through April 2027 with utilities paid separately.

The property is located in central Loveland near Loveland High, McKee hospital, The Sculpture park, Lake Loveland, shopping, and other community amenities. Its two-unit configuration supports continued rental use or an owner-occupied arrangement, subject to the applicable lease and property requirements.

Key Highlights

  • 2024 updates include windows, furnaces, central air conditioning, floors, kitchens, appliances, baths, and landscaping
  • Duplex with 2 separate units
  • Each unit includes an attached 1‑car garage, driveway parking, and street parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Catering Service Grocery & Convenience Store Furniture & Home Goods Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 80538, CO

49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with refreshed interiors, private fenced yards, and individual garage parking.
Where is this duplex located?
The property is located at 1640-1642 Cheyenne Avenue Loveland, CO.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 2024 updates include windows, furnaces, central air conditioning, floors, kitchens, appliances, baths, and landscaping; Duplex with 2 separate units; Each unit includes an attached 1‑car garage, driveway parking, and street parking
More about this property
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