Corner Lot Duplex with
914-916 Red Fir Place Loveland, CO 80538
For Sale
$465,000
Pending
Duplex offers two-bedroom units with garages, separate meters, and outdoor space including sunroom and private deck.
Property Size1,800 SF
Days on Market79
Property Features for 914-916 Red Fir Place
General Information
- Standard status
- Pending
- Size
- 1,800 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1978
Listing Agency:
Real
(970) 227-1327
Listed By:
Nanci Garnand · License #40002714
(970) 227-1327
Source:
Exitrealty
Added: May 7
Changed: Jul 22
Last Checked: Jul 23 at 8:06AM
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 Real
Investment Insights
Based on property information with market context.
This duplex on a corner lot features two separate units, each with 2 bedrooms and 1 full bathroom. Both units include an eat-in kitchen and hardwood-style flooring, with room for laundry and an attached 1-car garage. Each side also has its own storage, and the property includes a large fenced backyard.
The east unit opens to a private deck, while the west unit has a sunroom/patio. Units have separate meters for independent utility billing. The backyard includes a producing peach tree, a large powered shed, and three additional storage sheds suitable for storing outdoor equipment.
A practical option for owner-occupants or investors, the layout supports living in one side and leasing the other while maintaining separate spaces, meters, and storage for each unit.
The east unit opens to a private deck, while the west unit has a sunroom/patio. Units have separate meters for independent utility billing. The backyard includes a producing peach tree, a large powered shed, and three additional storage sheds suitable for storing outdoor equipment.
A practical option for owner-occupants or investors, the layout supports living in one side and leasing the other while maintaining separate spaces, meters, and storage for each unit.
Key Highlights
- Duplex built in 1978 with two 2‑bedroom, 1‑bath units, each with approximately 900 SF
- Each unit features an eat‑in kitchen, laundry room space, hardwood‑style flooring, and an attached 1‑car garage
- Separate utility meters for each unit
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 | $27.6k | $15.36 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $26.5k | $14.70 |
| − OpEx | −$7.9k | −$4.41 |
| NOI | $18.5k | $10.29 |
1,800 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.7K
$231.6K – $308.8K
NOI $18,527 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$244.7K
$214.2K – $285.5K
NOI $17,132 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$483.1K
$422.8K – $563.7K
NOI $33,820 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two-bedroom units with garages, separate meters, and outdoor space including sunroom and private deck.
Where is this duplex located?
The property is located at 914-916 Red Fir Place 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 1978 with two 2‑bedroom, 1‑bath units, each with approximately 900 SF; Each unit features an eat‑in kitchen, laundry room space, hardwood‑style flooring, and an attached 1‑car garage; Separate utility meters for each unit
