1008 Cimmeron Drive Loveland, CO $ 850,000
1008 Cimmeron Drive
$ 850,000
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1008 Cimmeron Drive

Loveland, CO, 80537
$ 850,000
Baths0.0 Sq 4,419

Monthly Estimate*

$ 5,367

Listed by C3 Real Estate Solutions, LLC
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Studio

Multi-Family Home for sale in Loveland, CO

for $850,000. This 4,419 square foot home was built in 1976 on a lot size of 0.36.

Well-maintained and fully-rented 4-unit investment property featuring a desirable combination of updated interiors, solid long-term tenants, ample parking with garage spaces for each unit, and durable all-brick exterior. All units are two bedrooms with two units containing two bathrooms and two units containing one bathroom, each with its own garage space. Multiple units have had the kitchen and bathrooms updated nicely. This is a very well-maintained property with great landscaping and a nice shared courtyard provides an inviting outdoor space for residents. The property features hot water heat throughout and separately metered electric, with tenants responsible for their own electric and trash expenses. Owner pays water/sewer/gas. All units have their own washer and dryer that will convey with the property. With four solid long-term tenants already in place, this property offers an attractive opportunity for an investor seeking stable occupancy and established rental income. Ample parking, individual garage space, updated units, and a well-maintained overall condition make this a particularly appealing multifamily investment. A strong combination of location, functionality, tenant stability, and investment potential makes this four-unit property one not to miss.

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,875

Style

Contemporary

Lot Size

0.36

Year Built

1976

Town/City

Loveland

County/Region

Larimer

MLS | Web ID

IR1066779

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Air Conditioning-Room Central Air
Utilities Cable Available Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Zoning R3E
Patio/Porch Features Deck
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Brick
Exclusions Tenant's personal property. See contract prep sheet for full inclusions.
Year Built 1976
Tenant Pays Electricity Trash Collection
View City
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 5185
County Larimer
Net Operating Income 54083
Operating Expense 18937
Property Type Residential Income
HOA N
Subdivision Name West Mount Acres
Possible Use Multi-Family
Status Active
Directions From N Taft Ave head west on 34 W Eisenhower Blvd. Turn left (south) onto N Van Buren Ave. Turn right (west) onto Longs Peak Dr. Turn right onto Cimmeron Dr.
High School Thompson Valley
City Loveland
High School District Thompson R2-J
Number Of Units Total 4
Lot Size Square Feet 15530
Listing Terms Cash Conventional FHA VA Loan
Elementary School Garfield
Tax Annual Amount 4875
Middle/Junior High School Other
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Thompson R2-J
Cap Rate 6.36
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Interior
Basement Full Walk-Out Access
Furnished Y/N Furnished
Basement (Y/N) Y
Main Level Bedrooms 0
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Exterior
Lot Features Level Rolling Slope Sprinklers In Front
Water Source Public
Total Parking 8
Building Area Total 4419
Lot Size Acres 0.36
Road Surface Type Alley Paved Paved
Road Frontage Type Public
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Internal Only
Street Number 1 1008
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* Excluded Features
List By
C3 Real Estate Solutions, Llc

Broker

(970) 380-4163

Phone

Affordability Calculator

$5,773
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2195647 Elementary School
3043800 Middle School
Thompson Valley High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$850,000 Listed Price

Map


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1008 Cimmeron Drive, Loveland, CO, 80537 is a Multi-Family Home for sale at $850,000 with 4,419 sqft and a lot size of 0.36. 1008 Cimmeron Drive is a studio with 0.0 baths and was built in 1976. The property's zip code is 80537 which is in Loveland, CO