Rented 4-Plex Income
For Sale
$985,000
414 Mulberry Dr, Loveland, CO 80538
Fully rented 4-plex with four 3-bedroom, 2-bath units, each with finished basement living space and laundry area.
Property SizeContact for details
Days on Market101
Property Features for 414 Mulberry Dr
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,433
Building Details
Year Built
1986
Units
4
Tenancy
Multi
Listed By:
Emily Jones
(970) 948-1008
Source:
Elliman
Added: Jul 19
Changed: Oct 26
Last Checked: Oct 26 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Emily Jones
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Investment Insights
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This fully rented 4-plex offers four spacious residential units, with each home featuring three bedrooms and two bathrooms across three levels. Units include a bright main-level living room and a functional kitchen with patio access, along with two upstairs bedrooms served by a shared full bath. Each unit also has a fully finished basement that provides a third bedroom, a second bathroom, a laundry area, utility space, and a rec room.
Located at 414-420 Mulberry Drive in Loveland, the property is described as being just minutes from Lake Loveland and nearby shopping and dining, with access to major commuter routes.
The building’s four-unit configuration is currently 100% occupied, offering immediate rental income and a straightforward income-property setup for an investor or owner-operator.
Located at 414-420 Mulberry Drive in Loveland, the property is described as being just minutes from Lake Loveland and nearby shopping and dining, with access to major commuter routes.
The building’s four-unit configuration is currently 100% occupied, offering immediate rental income and a straightforward income-property setup for an investor or owner-operator.
Key Highlights
- Fully rented 4‑plex in Loveland at 414‑420 Mulberry Drive
- 4 units, each with 3 bedrooms and 2 bathrooms
- Each unit offers approx. 1,184 finished SF across three levels
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,015
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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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented 4-plex with four 3-bedroom, 2-bath units, each with finished basement living space and laundry area.
Where is this quadplex located?
The property is located at 414 Mulberry Dr Loveland, CO.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Fully rented 4‑plex in Loveland at 414‑420 Mulberry Drive; 4 units, each with 3 bedrooms and 2 bathrooms; Each unit offers approx. 1,184 finished SF across three levels
