135 Cleveland Ave, Loveland, CO, 80537
About This Home
LIVE/ WORK, OR INVESTMENT IN THE HEART OF DOWNTOWN LOVELAND. An exceptional opportunity to live in vibrant Downtown Loveland while operating your business in one of the other two buildings on the property. Live steps from your business or lease all three buildings for a strong investment play. This rare offering delivers flexibility, visibility, and long-term upside. With frontage on Cleveland Avenue-from 1st Street to 2nd Street-this unique portfolio places you on two prime corner locations, maximizing exposure and accessibility directly across from the Townplace Suites by Marriott. The three-building portfolio includes: A former retail building at the corner of 1st Street & Cleveland Avenue, currently configured as a residence. A flexible open shop space with a variety of potential uses. A single-family home currently split into two units (separate ground-level and lower-level units) FEATURES: Up to four potential income streams across three structures. Prime downtown location within walking distance to dining, breweries, theaters, shops, and cultural attractions. High visibility corridor with traffic counts exceeding 11,000 vehicles per day. Strong upside potential as Downtown Loveland continues to grow and appreciate. Newer roofs for reduced near-term capital expenses
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Roof: Composition
- Construction materials: Frame,Brick,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Partial
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Property
Details
- Parcel number: R0388700
- Zoning: BE
- Special condition: Private Owner
Features
- Fencing: Wood
Lot
- Lot size: 6,259 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Hail
- Winter Weather
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,500 | $54,000 |
| Home Insurance * | $406 | $4,872 |
| Property Taxes | $385 | $4,620 |
| Electricity | $315 | $3,786 |
| Total | $5,606 | $67,272 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $890,000 |
For Sale by Agent
View on Zillow