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$853,900

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.25 Acres
See This Home
Save This Home
See This Home
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Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass up! As you know, a newer built 4 plex that has been WONDERFULLY maintained is very hard to find in Loveland. Excellent CAP rate for a property of this condition and low maintenance costs. All 4 units feature 2bed/1ba and include 2 off-street parking spaces. NEW Exterior paint 2025, NEW roof 2020, all exterior windows (front and back) have been replaced, between 2017-2018 replaced bath/shower units and sliding bath doors, carpet in bedrooms, synthetic hardwood floors, kitchen appliances (dishwasher, sink, garbage disposals, range, and refrigerator. Brand new water heaters in two units, the other two replaced in 2017/2018. Asphalt drive/parking done in 2023. All electric units (no gas), separately metered - tenants pay. Garbage/Water/Sewer - owner currently pays. Cable TV/internet - tenants pay. Each unit has an 4' x 10' enclosed, locked storage area off each units back deck/patio. Currently there is no PM fee, owner self manages and pride of ownership is evident. All units have washer and dryer hookups, but 1504 and 1508 have washer and dryer units owned by seller so will convey.

Full Property Details for 1502 E 5th St

General

  • Sold For: $853,900
  • Taxes: $3,877 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: IRES
  • MLS ID: 1044701
  • Added to Site: 108 day(s) ago

Interior

  • Interior Features: Eat-In Kitchen, Open Floorplan, Washer/Dryer Hookup, Outside Entry
  • Fireplace(s): None
  • Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Fire Alarm

Exterior

  • Porch/Patio/Deck: Patio, Deck

Location

  • Area: Loveland
  • County: Larimer
  • Subdivision: Water Addition
  • Driving Directions: From Hwy 34, South on N Boise Ave, West on E 5th St to Property

School Information

  • School District: Thompson R2-J
  • Elementary School: Winona
  • Middle School: Bill Reed
  • High School: Mountain View

Heating & Cooling

  • Heating Type: Baseboard, Individual Heat Source

Utilities

  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Electricity Available, Cable Available, Separate Electric Meter, Satellite Available, High-Speed Internet Available

Structural Information

  • Construction: Frame, Composition
  • Exterior Const.: Frame, Composition
  • Basement Desc.: None
  • Roof: Composition
  • Windows: Window Coverings
  • Square Feet: 3,456
  • Sq. Ft. Source: Other
  • Year Built: 1996

Additional Structures

  • Other Structures: Storage

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,763
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Evergreen Trees, Deciduous Trees, Level, House Faces North, Paved, Curbs, Gutters, Sidewalks
  • Potential Use: Multi-Family
  • Permitted Use: Multi-Family
  • Zoning: R3E

Financial Considerations

  • Operating Expenses: $12,908
  • Tax Amount: $3,877
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA
  • Tenant Pays: Deposit, Electricity

Disclosures and Reports

  • Special Conditions: Private Owner
  • Exclusions: Tenant's personal property. Washer and Dryer units in 1502 and 1506
  • Property ID: R0343315

Listed by C3 Real Estate Solutions, LLC (970) 225-5152
Sold by Ortiz & Assoc. Inc (970) 672-7212

Listing agents

— 1502 E 5th St —

  • C3 Real Estate Solutions, LLC

    970-225-5152

  • C3 Real Estate Solutions, LLC

    970-225-5152

9706727212

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1502 E 5th St

School District:Thompson School District R-2j
NameGradesDistance
Winona Elementary School
201 South Boise Avenue, Loveland, CO 80537
PK-50.3 mi
Conrad Ball Middle School
2660 North Monroe Avenue, Loveland, CO 80538
PK-81.7 mi
Mountain View High School
3500 Mountain Lion Drive, Loveland, CO 80537
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1502 E 5th St

Date
Details
Price
Change
Source
11/17/2025
Sold
$853,900
1.07%
MLS
9/30/2025
Listed
$844,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by C3 Real Estate Solutions, LLC (970) 225-5152
Sold by Ortiz & Assoc. Inc (970) 672-7212

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1502 E 5th St, Loveland, CO 80537 (MLS# 1044701) is a Multi-Family property that was sold at $853,900 on November 17, 2025. Want to learn more about 1502 E 5th St? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.