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Rented Duplex Income Property

901-903 W Kelly Drive Loveland, CO 80537

901-903 W Kelly Drive, Loveland, CO, 80537
$465,000
For Sale
$465,000

Two fully rented units with recent renovations, including a newly updated kitchen and bath.

Days on Market187

Property Features for 901-903 W Kelly Drive

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1963
Listing agency Group Centerra
Listed by Meagan Griesel · License #100051782
Source Exitrealty
Added: Jan 16 Updated: Jul 21 at 11:24PM Checked: Jul 21 at 11:24PM

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 Group Centerra


Investment Insights

Based on property information with market context.

This duplex investment property features two separately leased units. Unit 901 is currently leased and includes built-in desk/office space, hardwood floors, an attached garage, and a backyard with a patio overlooking the Barnes Irrigation river. Unit 903 has been newly renovated and is leased through 10/31/26, with updates including a new kitchen and appliances, a freshly tiled bath, fresh paint, LVP flooring, upgraded doors and trim, new electrical outlets/covers, and new baseboards. Both units have been pre inspected.

The property is located just west of downtown Loveland on a quiet street described as tree-filled. The duplex address is 901-903 W Kelly Drive, Loveland, CO 80537.

As a duplex with both units under lease, the property offers an income-producing configuration for an owner-operator or investor, with lease terms noted for each unit.

Key Highlights

  • Duplex built in 1963 with both units fully rented
  • Unit 901: 804 SF leased at $1,700/mo, lease ends 2/28/26, includes attached garage and backyard patio overlooking Barnes Irrigation river
  • Unit 903: newly renovated and leased through 10/31/26 at $1,500/mo

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm HVAC Service Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully rented units with recent renovations, including a newly updated kitchen and bath.
Where is this duplex located?
The property is located at 901-903 W Kelly Drive Loveland, CO.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Duplex built in 1963 with both units fully rented; Unit 901: 804 SF leased at $1,700/mo, lease ends 2/28/26, includes attached garage and backyard patio overlooking Barnes Irrigation river; Unit 903: newly renovated and leased through 10/31/26 at $1,500/mo
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