All 4 Tenants have renewed for 2025-2026! Seize the opportunity to invest in a prime real estate asset with this 4-unit apartment complex located in the vibrant heart of Loveland. This property features three 2-bed/1-bath units and one 1-bed/1-bath unit, each offering a strong rental history. Extensive improvements throughout the property include fresh paint, upgraded flooring, and modern kitchen appliances, ensuring minimal upkeep and long-term value. Additional storage is available for each unit in the newly rebuilt sheds. The shared on-site coin-operated laundry room and a private, off-street parking lot are added conveniences. Located just 2 miles from the bustling downtown area, tenants will love the convenience of nearby fine dining, breweries, boutique shopping, lively nightlife, and year-round events. A short stroll brings you to the serene Lake Loveland, a perfect draw for tenants seeking relaxation and outdoor recreation. Each unit has its own electric meter, and the tenants pay for their electricity. The other utilities are on single meters. Currently, the landlord pays the other utilities, and the tenants reimburse them for a portion of the expenses. Both water heaters were replaced in 2023. The roof was replaced in 2018 and was verified to be in excellent condition in 2024. The operating expenses are based on the current property management company.
For sale
$800,000
920 N Douglas Ave, Loveland, CO 80537
7beds
4baths
3,234sqft
Est.:
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
Fresh paintUpgraded flooringModern kitchen appliancesAdditional storage
- 80 days
- on Zillow |
- 228 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 09:36am
Listed by:
Rob Kittle 970-218-9200,
Kittle Real Estate,
Amy Rushing 970-420-0228,
Kittle Real Estate
Source: IRES,MLS#: 1034901

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Hot Water, Baseboard
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Features
- Outside Entry
- Basement: None
Interior area
- Total structure area: 3,234
- Total interior livable area: 3,234 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Outside Entry
- Exterior features: Outside Entry
Lot
- Size: 7,740 Square Feet
Details
- Additional structures: Storage
- Parcel number: R0399787
- Zoning: R3e
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: Electric, Separate Meter Electricity, City of LVLD
- Gas: Natural Gas, Master Meter-Gas, Xcel Energy
- Sewer: City Sewer
- Water: City Water, City of Loveland
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Mechalke
HOA
- Has HOA: No
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $247/sqft
- Annual tax amount: $3,629
- Date on market: 5/23/2025
- Listing terms: Cash,Conventional,VA Loan
- Exclusions: Tenants Personal Property
- Total actual rent: 4715
- Tenant pays: Deposit, Electricity
- Income includes: Lease/Rents, Common Area Fees, Laundry
- Electric utility on property: Yes
- Road surface type: Asphalt
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