Well-Maintained Fourplex with Private
For Sale
$760,000
3609 Butternut Dr, Loveland, CO 80538
Residential Income, Loveland, CO
Property Size887 SF
Lot Size0.31 Acres
Price / SF$856.82
Days on Market99
Property Features for 3609 Butternut Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3E
Parking
8
Window features
Window Coverings
Patio and Porch features
Deck
Exterior features
Sprinkler System
Appliances
No Units Furnished, Electric Range, Dishwasher, Refrigerator, Disposal, Fire Alarm
Subdivision
Sunset Acres
Lot features
Level, Paved, Curbs, Gutters, Sidewalks
Elementary school
Lincoln
Middle school
Erwin, Lucile
High school
Loveland
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Directions
When heading south on North Garfield Ave (Or College) take a right onto West 37th, and a left onto Sheridan. Then take a left onto Butternut. Home will be on the left hand side.
Standard status
Active
APN
R0348821
Size
887 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4875
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
through-the-wall air conditioning
private outdoor spaces
irrigated yard
mature shade trees
inviting porches
private patios
coin-operated laundry room
Building Details
Year built
1971
Floors in Building
2
Number of units
144
Building materials
Frame
Roof type
Composition
Listing Agency:
RE/MAX Alliance-Loveland · RE/MAX International
(970) 669-1234
Listed By:
Tara Moreno
(970) 443-5034
Added: Jun 17
Changed: Aug 19
Last Checked: Sep 23 at 12:06AM
MLS# 1062281
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.
Located at 3609 Butternut Dr in Loveland, this four-unit residential property offers approximately 887 square feet per unit. The units include through-the-wall or window air conditioning, private outdoor areas, porches, and individually metered electric service. A coin-operated laundry room adds a shared on-site amenity, while the property provides assigned driveway parking for two vehicles per unit.
The 0.31-acre parcel includes a large irrigated yard, mature shade trees, an automatic sprinkler system, and a deck. Recent maintenance includes exterior painting completed within the last year, interior paint updates, flooring improvements in three units, and replacement of one 50-gallon water heater within the last year. The property was built in 1971 and includes baseboard heating, a composition roof, public sewer, and natural gas availability. R3E zoning applies.
The 0.31-acre parcel includes a large irrigated yard, mature shade trees, an automatic sprinkler system, and a deck. Recent maintenance includes exterior painting completed within the last year, interior paint updates, flooring improvements in three units, and replacement of one 50-gallon water heater within the last year. The property was built in 1971 and includes baseboard heating, a composition roof, public sewer, and natural gas availability. R3E zoning applies.
Key Highlights
- Four‑unit property with approximately 887 square feet per unit
- 0.31‑acre parcel with irrigated yard, mature shade trees, and automatic sprinkler system
- Each unit has assigned driveway parking for two vehicles
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,305
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature individual electric metering, outdoor space, assigned parking, and access to a shared laundry room.
Where is this quadplex located?
The property is located at 3609 Butternut Dr Loveland, CO.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Four‑unit property with approximately 887 square feet per unit; 0.31‑acre parcel with irrigated yard, mature shade trees, and automatic sprinkler system; Each unit has assigned driveway parking for two vehicles
