Duplex with One-Horse
For Sale
Under Contract
$500,000
3504 S Taft Ave, Loveland, CO 80538
Residential Income, Loveland, CO
Property Size3,410 SF
Lot Size0.52 Acres
Price / SF$146.63
Days on Market95
Property Features for 3504 S Taft Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RR-2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 2
Parking
2
Patio and Porch features
Patio
Interior features
Eat-in Kitchen
Basement
Full, Partially Finished
Appliances
Electric Range, Dishwasher, Refrigerator
Subdivision
Bomar
Lot features
Native Grass, Level, Paved, Curbs, Gutters, Sidewalks, Street Light
View
Hills
Elementary school
Carrie Martin
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
R0677396
Size
3,410 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3385
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1968
Floors in Building
2
Number of units
2
Building materials
Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
LC Real Estate Group, LLC
(970) 667-7000
Listed By:
Wayne Lewis · License #40043311
(303) 588-8808
Added: Jul 16
Changed: Oct 17
Last Checked: Oct 18 at 9:06AM
MLS# 1064478
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 3,410-square-foot duplex, built in 1968, includes four bedrooms, two bathrooms, and an oversized one-car garage for each unit. The property occupies 0.52 acres and allows for one horse. Interior features include eat-in kitchens, electric ranges, dishwashers, refrigerators, forced-air heating, and wall or window unit cooling. Each side also has patio space.
One unit is available, while the other is occupied by an existing tenant on a month-to-month lease. The property is located at 3504 S Taft Ave in Loveland, Colorado, with natural gas available and sewer service provided by the Town of Berthoud. Zoning is RR-2, and the roads are maintained by Larimer County. No HOA dues are reported.
One unit is available, while the other is occupied by an existing tenant on a month-to-month lease. The property is located at 3504 S Taft Ave in Loveland, Colorado, with natural gas available and sewer service provided by the Town of Berthoud. Zoning is RR-2, and the roads are maintained by Larimer County. No HOA dues are reported.
Key Highlights
- 3,410‑square‑foot duplex on 0.52 acres
- Four bedrooms and two bathrooms
- One oversized one‑car garage per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,099
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,980
$702.0K
Cap Rate 7%
$501,414
$501.4K
Cap Rate 9%
$389,989
$390.0K
Market Conditions
NOI Build-Up for 3,410 SF
Gross rent
$52.4K $15.36/SF
− Vacancy
−$2.2K −$0.66/SF
EGI
$50.1K $14.70/SF
− OpEx
−$15.0K −$4.41/SF
NOI
$35.1K $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%
$701,980
Cap Rate 7%
$501,414
Cap Rate 9%
$389,989
Alternative Uses
Best Use
Multifamily LT 5
$501.4K
$438.7K – $585.0K
NOI $35,099 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$463.6K
$405.7K – $540.9K
NOI $32,455 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$915.3K
$800.9K – $1.07M
NOI $64,071 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - RR-2-zoned duplex on more than half an acre with separate garage space for each unit.
Where is this duplex located?
The property is located at 3504 S Taft Ave Loveland, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,410‑square‑foot duplex on 0.52 acres; Four bedrooms and two bathrooms; One oversized one‑car garage per unit
