Duplex Patio Home with Two-Car
New
For Sale
$450,000
2614 Forsythia Dr, Loveland, CO 80537
CONDOS - Other - Loveland, CO
Property Size2,644 SF
Lot Size0.11 Acres
Price / SF$170.20
Days on Market1
Property Features for 2614 Forsythia Dr
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room, Basement, Bedroom 2
Interior features
Eat-in Kitchen, Walk-In Closet(s)
Basement
Unfinished
Appliances
Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Subdivision
Cedar View 12th Sub
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
APN
R1609377
Size
2,644 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2360
HOA Fee
$255 Monthly
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2001
Floors in Building
1
Flooring type
Wood
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Group Centerra
(970) 613-0700
Listed By:
Meagan Griesel · License #100051782
(970) 691-0056
Added: Jul 31
Last Checked: Jul 31 at 5:06PM
MLS# 1065480
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.
Investment Insights
Based on property information with market context.
Duplex patio home offers low-maintenance living with an open layout, vaulted ceilings, and a gas fireplace in the living area. Interior features include an eat-in kitchen and walk-in closet(s). The home is heated with forced air and cooled with central air. Hardwood flooring is present in the living room, with new carpet in the bedrooms. Appliances include an electric range, dishwasher, refrigerator, microwave, washer, and dryer.
The property includes an unfinished basement with egress windows and a second washer and dryer, supporting easy expansion of living space. It sits on a 0.11-acre lot and has a 2,644-square-foot footprint. Built in 2001 and constructed with frame materials, the home also features a composition roof. Roof replacement occurred in 2025.
Additional upgrades listed include new windows, a new heat pump, blackout blinds in the primary suite, and a private backyard. Public sewer is available, and natural gas is available for the property. An attached two-car garage supports everyday parking needs.
The property includes an unfinished basement with egress windows and a second washer and dryer, supporting easy expansion of living space. It sits on a 0.11-acre lot and has a 2,644-square-foot footprint. Built in 2001 and constructed with frame materials, the home also features a composition roof. Roof replacement occurred in 2025.
Additional upgrades listed include new windows, a new heat pump, blackout blinds in the primary suite, and a private backyard. Public sewer is available, and natural gas is available for the property. An attached two-car garage supports everyday parking needs.
Key Highlights
- 0.11‑acre lot with 2,644‑square‑foot duplex patio home
- Built in 2001 with frame construction and a composition roof
- Roof replacement in 2025 plus new windows and a new heat pump
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 | $40.6k | $15.36 |
| − Vacancy | −$1.7k | −$0.66 |
| EGI | $38.9k | $14.70 |
| − OpEx | −$11.7k | −$4.41 |
| NOI | $27.2k | $10.29 |
2,644 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.8K
$340.2K – $453.6K
NOI $27,214 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.4K
NOI $25,164 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$709.7K
$621.0K – $828.0K
NOI $49,678 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned duplex patio home with vaulted living area, central air, and an attached two-car garage.
Where is this duplex located?
The property is located at 2614 Forsythia Dr Loveland, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 0.11‑acre lot with 2,644‑square‑foot duplex patio home; Built in 2001 with frame construction and a composition roof; Roof replacement in 2025 plus new windows and a new heat pump
