Well-maintained over/under duplex in a prime location near downtown Loveland, offering easy access to local restaurants, breweries, shopping, and year-round community events. Situated on 5th Street, enjoy quick connectivity across town while being just minutes from the charm and energy of the historic downtown district. This property is just blocks away from the Civic Center trail and Sunnyside Park, perfect for outdoor enthusiasts and guests looking to enjoy the local scenery. Zoning allows for short-term rentals (STR), making this an incredible opportunity to capitalize on Loveland's travel market or create a high-yield vacation rental portfolio. The property currently generates $3,300/month in total rent: the upper unit features 2 bedrooms and 1 bath (rented at $1,700/mo), while the lower unit offers 3 bedrooms and 1 bath (rented at $1,600/mo)-providing immediate cash flow and flexible long-term or short-term rental opportunities. Recent updates include newer interior and exterior paint, with all kitchen appliances and water heaters replaced in 2021. Additional highlights include shared washer/dryer hookups, a spacious yard with a fire pit and storage shed, and four paved off-street parking spaces-a premium feature for both residents and short-term guests. This is an excellent opportunity for investors or owner-occupants to live in one unit while generating significant income from the other in one of Loveland's most convenient and desirable locations.
East Central Loveland, located between Downtown Loveland and Boyd Lake State Park, is a historic and residential Loveland neighborhood with tree-lined blocks and a walkable grid. The neighborhood’s character concentrates around E 4th St and N Lincoln Ave, where coffee counters, galleries, and small storefronts set a steady, local rhythm. Longtime pillars include the Rialto Theater Center, Loveland Museum, and the Loveland Aleworks taproom. Early- and mid-century houses mix with brick civic buildings and pocket parks. The Big Thompson River corridor and nearby trails shape daily routes on foot or bike. Seasonal festivals and public art downtown spill naturally into the surrounding streets.
Provided by Walk Score and Local Logic
Offer insights
1150-1152 E 5th St # · $499,000
$498K and above
75% chance or better to win
Why $498K+ is a strong offer
DAYS ON MARKET
150 days
The average home goes pending in 44 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full, partially finished, daylight basement
Bedrooms
5 bedrooms total: one unit with 2 bedrooms and one unit with 3 bedrooms
Bathrooms
2 bathrooms total: one per unit
Kitchen
Electric range, refrigerator
Laundry & utility
Washer, dryer
Heating & cooling
Forced-air heating
Exterior features
Paved lot with curbs, gutters, sidewalks, and streetlights
City street frontage
Home design
One level
Parking
2 parking spaces per unit
Construction
Frame construction
Composition roof
Utilities
Public water and public sewer
Natural gas and electricity available
Financial info
Gross income of $39,600
Net operating income of $34,622
Tenants pay the deposit, gas, and electricity
Electricity and solar
View estimated energy costs and solar savings for this home
To preserve the traditional building and use pattern of mixed housing types (including multifamily dwellings), and complementary low-intensity commercial uses that are predominantly located within established neighborhoods. To allow for the development complete neighborhoods with appropriate transitions to ensure that they are compatible with the surrounding developed context.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Educational/school
Communications tower
Park & open space
Historical weather
Loveland, CO • 80537
Average low and high temperatures (°F)
42
20
51
26
63
38
63
39
70
47
82
57
90
63
85
60
78
53
68
44
54
32
52
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1150-1152 E 5th St #
$482,266
$17K under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $445K to $591K.