Date
Details
Price
Change
Source
1/08/2026
Listed
$1,034,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$1,034,000
Property Description
Fully rebuilt, head-to-toe 4-plex investment opportunity featuring four 2-bed / 1.5-bath units with documented, in-place income - not projections. Ideal for adding to an existing portfolio or for investors seeking strong cash flow with minimal capital expenses anticipated for the next 5+ years. Each unit offers a functional two-story layout with a half bath on the main level, two bedrooms and a full bath upstairs, a private patio off the kitchen, and individual washer/dryer hookups. Unit C is available for showings with notice to tenants. Major improvements include a new roof and gutters (September 2021). All current leases and financials are available for review. Conveniently located with easy access to Fort Collins and throughout Northern Colorado, and close to shopping, dining, and everyday amenities. This is a turn-key, low-maintenance asset with real numbers and immediate income. Don't miss it.
Full Property Details
Full Property Details for 3542 Butternut Dr
General
- Price: $1,034,000
- HOA FEE: $60/month
- Taxes: $3,600 (2024)
- Status: Active
- Type: Multi-Family
- Source: IRES
- MLS ID: 1049230
- Updated: 1/11/2026
- Added to Site: 9 day(s) ago
Interior
- Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Location
- Area: Loveland
- County: Larimer
- Subdivision: 219862 - SUNSET ACRES
- Driving Directions: From 287 and 37th, head west on 37th, turn left on Sheridan Ave, turn left on Butternut, 4-plex is just around the curve on the left.
School Information
- School District: Thompson R2-J
- Elementary School: Lincoln
- Middle School: Erwin, Lucile
- High School: Loveland
Community
- Association: Yes
- Assoc. Name: Triangle Plan
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Available
Structural Information
- Construction: Frame, Brick, Wood Siding
- Exterior Const.: Frame, Brick, Wood Siding
- Basement: Yes
- Basement Desc.: None, Crawl Space
- Roof: Composition
- Square Feet: 3,748
- Sq. Ft. Source: Assessor
- Year Built: 1978
Lot Features
- Property View: City
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,087
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Cul-De-Sac, Evergreen Trees, Deciduous Trees, Level, Paved, Curbs, Gutters
- Potential Use: Multi-Family
- Zoning: R3E
Financial Considerations
- Association Fee: Yes
- Association Fee: $60
- Assoc Fee Freq.: Monthly
- Operating Expenses: $14,790
- Tax Amount: $3,600
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: Deposit, Gas, Electricity, Water, Sewer
Disclosures and Reports
- Special Conditions: Private Owner
Listed by WK Real Estate (303) 443-2240
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Listing agents
— 3542 Butternut Dr —
WK Real Estate
303-443-2240
WK Real Estate
303-443-2240
7203739297
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3542 Butternut Dr
School District:Thompson School District R-2j
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Loveland, CO 3312 North Douglas Avenue, Loveland, CO 80538 | K-5 | 0.4 mi |
Lucile Erwin Middle School 4700 Lucerne Avenue, Loveland, CO 80538 | 6-8 | 1.8 mi |
Loveland High School 920 West 29th Street, Loveland, CO 80538 | 9-12 | 0.8 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 3542 Butternut Dr
Estimate the Cost
Estimate the Cost for 3542 Butternut Dr
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 910Sq. Ft.
- MLS # 1049376
Listed by RE/MAX of Boulder, Inc
- Commercial
- Active
- Updated 8 hours ago
- MLS # 1049801
Listed by Realtec C.R.E.S., LLC
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 4,220Sq. Ft.
- MLS # 1049519
Listed by Real
- Mobile Home
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,631Sq. Ft.
- MLS # 6687
Listed by TopCO Realty
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 4,636Sq. Ft.
- MLS # 1047637
Listed by RE/MAX Alliance-FTC South
- Mobile Home
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,217Sq. Ft.
- MLS # 1037839
Listed by Group Harmony
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,594Sq. Ft.
- MLS # 1044104
Listed by Northern Colorado Real Estate
- Mobile Home
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,056Sq. Ft.
- MLS # 6555
Listed by RE/MAX Advanced Inc.
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- Single Family
- Closed
- 5Beds
- 4Total Baths
- 4,288Sq. Ft.
- MLS # 1035976
Listed by Group Centerra
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,300Sq. Ft.
- MLS # 1039033
Listed by Group Mulberry
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,652Sq. Ft.
- MLS # 1041476
Listed by Lindholm Realty, Inc.
- Single Family
- Closed
- 1Bed
- 1Total Bath
- 1,134Sq. Ft.
- MLS # 1044466
Listed by LC Real Estate Group, LLC
Sold by LC Real Estate Group, LLC
Sold by LC Real Estate Group, LLC
3542 Butternut Dr, Loveland, CO 80538 (MLS# 1049230) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3542 Butternut Dr is currently listed for $1,034,000 and was received on January 08, 2026. Want to learn more about 3542 Butternut Dr? 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.