Contemporary Duplex with Finished
For Sale
Under Contract
$460,000
2607 Forsythia Dr, Loveland, CO 80537
Residential, Loveland, CO
Property Size2,637 SF
Lot Size0.11 Acres
Price / SF$174.44
Days on Market54
Property Features for 2607 Forsythia Dr
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Rooms
Laundry Room, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Basement, Dining Room, Bedroom 3, Bedroom 1, Laundry Room
Parking features
Open
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Natural Woodwork, Walk-In Closet(s)
Exterior features
Sprinkler System
Fireplace
1
Basement
Partially Finished, Full
Appliances
Electric Range, Self Cleaning Oven, Dishwasher, Washer, Dryer, Microwave, Disposal, Fire Alarm
Subdivision
Cedar View
Lot features
Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
Elementary school
Milner (Sarah)
Middle school
Clark (Walt)
High school
Thompson Valley
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Standard status
Active Under Contract
APN
R1606034
Size
2,637 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2557
HOA Fee
$255 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
gas fireplace
covered patio
hardwood flooring
vaulted ceilings
walk-in closet
private bath
double sinks
updated 3/4 bath
Building Details
Year built
2001
Floors in Building
1
Building materials
Frame, Brick
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Group Centerra
(970) 613-0700
Listed By:
Megan Kuehn
(970) 217-7977
Added: Aug 31
Changed: Oct 19
Last Checked: Oct 23 at 7:06PM
MLS# 1067587
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This contemporary duplex property includes 2,637 square feet on a 0.11-acre lot and was built in 2001. The main level has an open layout with vaulted ceilings, hardwood flooring, a gas fireplace, an eat-in kitchen, and bar seating. The primary suite includes a walk-in closet and private bath with double sinks. The basement is approximately 70% finished and includes a 3/4 bath, with additional unfinished storage or expansion space.
A new roof was installed in 2025. Exterior features include a covered patio, sprinkler system, brick and frame construction, composition roofing, forced-air heating, central air, and a two-car garage. The property also has public sewer and cable availability. HOA services include exterior maintenance, lawn care, and snow removal.
A new roof was installed in 2025. Exterior features include a covered patio, sprinkler system, brick and frame construction, composition roofing, forced-air heating, central air, and a two-car garage. The property also has public sewer and cable availability. HOA services include exterior maintenance, lawn care, and snow removal.
Key Highlights
- 2,637 square feet on a 0.11‑acre lot
- R2 zoning in Loveland, CO
- Basement approximately 70% finished with updated 3/4 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,142
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,840
$542.8K
Cap Rate 7%
$387,743
$387.7K
Cap Rate 9%
$301,578
$301.6K
Market Conditions
NOI Build-Up for 2,637 SF
Gross rent
$40.5K $15.36/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$38.8K $14.70/SF
− OpEx
−$11.6K −$4.41/SF
NOI
$27.1K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,840
Cap Rate 7%
$387,743
Cap Rate 9%
$301,578
Alternative Uses
Best Use
Multifamily LT 5
$387.7K
$339.3K – $452.4K
NOI $27,142 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$358.5K
$313.7K – $418.3K
NOI $25,098 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$707.8K
$619.3K – $825.8K
NOI $49,547 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
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Business Placement
Demographics for 80537, CO
43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained R2 residential property with vaulted ceilings, a gas fireplace, and a covered patio.
Where is this duplex located?
The property is located at 2607 Forsythia Dr Loveland, CO.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2,637 square feet on a 0.11‑acre lot; R2 zoning in Loveland, CO; Basement approximately 70% finished with updated 3/4 bath
