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$1,060,000
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Property Description
Excellent opportunity to own a fully rented 4-plex in the heart of Loveland, just minutes from Lake Loveland, shopping, dining, and major commuter routes. Located at 414-420 Mulberry Drive, this well-maintained multi-family property offers four spacious units, each featuring 3 bedrooms and 2 bathrooms. Each unit provides approximately 1,184 finished square feet across three levels, including a bright main-level living room, functional kitchen with patio access, two upstairs bedrooms with a shared full bath, and a fully finished basement complete with a third bedroom, second bathroom, laundry area, utility space, and rec room - an ideal layout for tenants seeking space and flexibility. All four units are currently rented, providing immediate income and a strong addition to any investment portfolio. With a desirable Loveland location, strong rental configuration, and a proven income history, this property presents a rare opportunity for both seasoned and first-time investors.
Full Property Details
Full Property Details for 414 Mulberry Dr
General
- Price: $1,060,000
- Taxes: $4,433 (2024)
- Status: Active
- Type: Multi-Family
- Source: IRES
- MLS ID: 1052120
- Updated: 2/20/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Eat-In Kitchen, Washer/Dryer Hookup, Outside Entry
- Appliances: No Units Furnished, Electric Range, Dishwasher, Refrigerator
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 8
Location
- Area: Loveland
- County: Larimer
- Subdivision: Ridgewood
School Information
- School District: Thompson R2-J
- Elementary School: Lincoln
- Middle School: Erwin, Lucile
- High School: Loveland
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: Xcel Energy
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Roof: Composition
- Square Feet: 4,736
- Sq. Ft. Source: Licensee
- Year Built: 1986
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,803
- Frontage: City Street
- Zoning: R3
Financial Considerations
- Operating Expenses: $19,854.57
- Tax Amount: $4,433
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: Deposit, Gas, Electricity, Water
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Tenants personal property, Washers (4), Dryer (4)
- Property ID: R0759341
Listed by Group Harmony (970) 229-0700
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Schools
Schools serving 414 Mulberry 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 | 1.7 mi |
Loveland High School 920 West 29th Street, Loveland, CO 80538 | 9-12 | 0.8 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 414 Mulberry Dr
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,060,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 414 Mulberry Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,875
10%
$57,000
-4%
2024
$4,433
4%
$59,228
—
2023
$4,275
-4%
$59,228
6%
2021
$4,432
5%
$55,770
5%
2022
$4,220
-5%
$53,040
24%
2021
$4,432
87%
$42,900
49%
2018
$2,370
16%
$28,800
—
2017
$2,041
4%
$28,800
8%
2016
$1,956
1%
$26,666
—
2015
$1,940
8%
$26,666
12%
2014
$1,796
-46%
$23,880
-44%
2019
$3,353
86%
$42,900
80%
2013
$1,798
—
$23,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 414 Mulberry Dr
414 Mulberry Dr, Loveland, CO 80538 (MLS# 1052120) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 414 Mulberry Dr is currently listed for $1,060,000 and was received on February 20, 2026. Want to learn more about 414 Mulberry 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.

