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$185,525
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Property Description
Investors! Unlock the potential at 1542 N Cleveland Avenue! Situated on an extra-long lot with frontage on Cleveland Avenue and alley access to a detached 2-car garage, this property presents a rare opportunity for investors, builders, and buyers looking to create value. The R3-High Density Residential (HDR) zoning opens the door to a variety of future possibilities (buyer to verify with the City of Loveland), while the existing 1-bedroom, 1-bath home offers potential for renovation, rental income, or redevelopment.Whether you're searching for your next fix-and-flip project, an affordable entry point into home ownership with sweat equity, or a property with long-term investment upside, this one is worth a look. Additional features include a detached 2-car garage and storage shed, adding flexibility and utility to the site.The property is being sold as is and while cleaned out, has not been cleaned. Cash offers only will be considered. Priced to reflect the repairs and improvements needed, this is an exceptional opportunity to capitalize on location, zoning, and potential.
Full Property Details
Full Property Details for 1542 N Cleveland Ave
General
- Sold For: $185,525
- Taxes: $1,605 (2025)
- Status: Closed
- Type: Single Family
- Source: IRES
- MLS ID: 1061831
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Eat-In Kitchen, Walk-In Closet(s), Washer/Dryer Hookup
- Appliances: Refrigerator, Washer, Dryer, Fire Alarm
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Equipment: TV Antenna
Exterior
- Exterior Features: Oversized Garage
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached
- Garage Description: Detached
Location
- Area: Loveland
- County: Larimer
- Subdivision: 20302 - CAPITOL HILL ADD
- Driving Directions: Use common GPS Directions.
School Information
- School District: Thompson R2-J
- Elementary School: Peakview Academy at Conrad Ball
- Middle School: Peakview Academy at Conrad Ball
- High School: Mountain View
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: Xcel Energy
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Satellite Available, High-Speed Internet Available
Structural Information
- Architectural Style: Legal Conforming
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Roof: Composition
- Windows: Window Coverings
- Square Feet: 664
- Sq. Ft. Source: Assessor
- Living Area: 664 Sq. Ft.
- Year Built: 1930
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,085
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Level, House Faces West, City Limits, Paved, Curbs, Gutters, Sidewalks
- Potential Use: Single-Family
- Permitted Use: Single Family
- Zoning: R3
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $1,605
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Seller's personal property, any staged furniture and decor.
- Property ID: R0376736
Listed by Pro Property Management (970) 667-3400
Sold by Sears Real Estate (970) 667-3400
Get Pre-Approved Today
Schools
Schools serving 1542 N Cleveland Ave
School District:Thompson School District R-2j
| Name | Grades | Distance |
|---|---|---|
Mountain View High School 3500 Mountain Lion Drive, Loveland, CO 80537 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1542 N Cleveland Ave
Date
Details
Price
Change
Source
7/02/2026
Sold
$185,525
-2.36%
MLS
6/14/2026
Listed
$190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1542 N Cleveland Ave, Loveland, CO 80538 (MLS# 1061831) is a Single Family property that was sold at $185,525 on July 02, 2026. Want to learn more about 1542 N Cleveland Ave? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

