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414-420 Mulberry Dr, Loveland, CO, 80538

12beds
8baths
4,736sqft
$1,060,000
$224price/sqft
$6,633/moest. monthly cost
$265,320/yrincome needed

About This Home

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.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
Lincoln Elementary SchoolGrades PK-50.4 mi
4/10
6/10
Loveland High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator
  • Laundry features: Washer/Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 8

Features

  • Eat-in Kitchen,Outside Entry

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 4,736
  • Total interior livable area: 4,736 sqft

Property

Details

  • Parcel number: R0759341
  • Zoning: R3
  • Special condition: Private Owner
  • Exclusions: Tenants personal property,Washers (4),Dryer (4)

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 9,803 sqft

Parking

  • Total spaces: 8