Horse-Friendly Duplex Rental
3504 S Taft Ave Loveland, CO 80538
New
3504 S Taft Ave, Loveland, CO, 80538
$500,000
For Sale
$500,000
CONDOS - Other - Loveland, CO
Property Size3,410 SF
Lot Size0.52 Acres
Price / SF$146.63
Days on Market2
Property Features for 3504 S Taft Ave
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- RR-2
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Basement, Bedroom 4
- Parking
- 2
- Patio and Porch features
- Patio
- Interior features
- Eat-in Kitchen
- Basement
- Partially Finished, Full
- Appliances
- Electric Range, Dishwasher, Refrigerator
- Standard status
- Active
- 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
1712 Topaz Dr, Loveland, CO
Listed by
Wayne Lewis · License #IA.040043311
(303) 588-8808
Added: Jul 16 Checked: Jul 17 at 9:06 pm
MLS# 1064478
Listing URL
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.
This for-sale duplex offers two four-bedroom, two-bath units with oversized one-car garages, positioned on more than half an acre. One side is currently vacant, while the other side is occupied under an existing month-to-month lease.
The property is identified as a horse property rental and allows for one horse. Marketing visibility from South Taft Avenue supports leasing efforts. Roads are maintained by Larimer County, and sewer service is provided by the Town of Berthoud.
The listing notes no HOA dues. Rental income, insurance, and common area maintenance are included as broker-pro forma estimates.
The property is identified as a horse property rental and allows for one horse. Marketing visibility from South Taft Avenue supports leasing efforts. Roads are maintained by Larimer County, and sewer service is provided by the Town of Berthoud.
The listing notes no HOA dues. Rental income, insurance, and common area maintenance are included as broker-pro forma estimates.
Key Highlights
- Duplex with 4 bedrooms and 2 bathrooms, built in 1968, on more than half an acre
- One side vacant and the other side occupied with an existing tenant on a month‑to‑month lease
- Each unit includes an oversized one‑car garage
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 | $52.4k | $15.36 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $50.1k | $14.70 |
| − OpEx | −$15.0k | −$4.41 |
| NOI | $35.1k | $10.29 |
3,410 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two garages and horse allowance on over half an acre, with one side vacant and the other on month-to-month occupancy.
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: Duplex with 4 bedrooms and 2 bathrooms, built in 1968, on more than half an acre; One side vacant and the other side occupied with an existing tenant on a month‑to‑month lease; Each unit includes an oversized one‑car garage
