3614-3616 Butternut Drive Loveland, CO ^$ 615,000

3614-3616 Butternut Drive

^$ 615,000

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3614-3616 Butternut Drive

Loveland, CO, 80538

^$ 615,000

Bedrooms4 Baths2.0 Sq 1,859

Monthly Estimate*

^$ 3,883

Listed by Real Broker, LLC DBA Real

3614-3616 Butternut Drive, Loveland, CO 80538 - Image 1

Multi-Family Home for sale in Loveland, CO

for $615,000 with 4 bedrooms and 2 full baths. This 1,859 square foot home was built in 1971 on a lot size of 0.2.

Photos and floorpan is coming. Investment opportunity with a solid rental history and significant recent improvements already completed. This duplex offers two bedrooms, one bath and a one-car garage on each side. One unit is currently vacant and being updated, creating an opportunity for a new owner to place a tenant at current market rent or consider owner occupancy.Unit 3614 features updated kitchen and bathroom areas along with new appliances in 2024. Unit 3616 is currently being improved with a kitchen update designed to match 3614 and new vinyl plank flooring planned. The bathroom has already been updated, and the water heater was replaced last year.Major property improvements include two new furnaces installed in 2023, a new sewer line from the duplex to the main in the backyard, and a roof replaced in 2018. Major tree trimming was also completed last year.Each unit offers a covered patio, garage. The property features a large shared backyard with an irrigation system, providing attractive outdoor space for tenants.With a history as a rental property, one unit available for leasing and numerous capital improvements already addressed, this duplex offers an appealing opportunity to add a residential income property to your portfolio.

Multi-Family Coming Soon

Price

^$ 615,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,630

Style

Contemporary

Lot Size

0.2

Year Built

1971

Town/City

Loveland

County/Region

Larimer

MLS | Web ID

9775214

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Electricity Connected Natural Gas Connected

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Microwave Range Refrigerator

Zoning R3E

Garage Spaces 1

Patio/Porch Features Patio

Architectural Style Contemporary

Construction Materials Frame

Exclusions Clothes Washer Clothes Dryer

Year Built 1971

Levels One

Property Subtype Duplex

Tax Year 2025

Ownership Individual

Gross Income 38218

County Larimer

Operating Expense 13007

Property Type Residential Income

HOA N

Attached Garage Y

Subdivision Name Sunset Acres

Facing Direction Northeast

Status Coming Soon

Directions Driving on 37th from 287 turn South on Sheridan Ave and turn left (East) on Butternut.Duplex is on the left.ORDriving West on 33rd from 287 turn Right (North) on Sheridan Ave.Take the first right on

High School Loveland

City Loveland

Senior Community Y/N N

High School District Thompson R2-J

Lot Size Units Square Feet

Lot Size Square Feet 8757

Carport Spaces 0

Listing Terms Cash Conventional FHA VA Loan

Elementary School Lincoln

Tax Annual Amount 2630

Middle/Junior High School Lucile Erwin

Ok to Lease Month To Month

Structure Type Duplex

Standard Status Coming Soon

Occupancy Type Tenant

Middle/Junior School District Thompson R2-J

Elementary School District Thompson R2-J

Cap Rate 4.1

Exterior

Fencing Partial

Parking Features Concrete

Lot Features Level

Water Source Public

Total Parking 1

Lot Size Area 8757

Foundation Details Concrete Perimeter

Building Area Total 1859

Lot Size Acres 0.2

Road Responsibility Public Maintained Road

Interior

Common Walls 1 Common Wall

Basement (Y/N) N

Above Grade Finished Area 1859

Total Bedrooms 4

Total Baths 2

Internal Only

Street Number 1 3614

* Excluded Features

List By

Real Broker, Llc Dba Real

Broker

(970) 227-1327

Phone

Affordability Calculator

$4,102

Per Month

Monthly Principal & Interest: $3,883
Monthly Property Taxes: $219
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Loveland, CO

Average List Price ^$860,429

Percent of Sale Price 40%

About Loveland, CO

76,459 Population

43% Since 2002

^$62,013 Median Income

40.69 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3043547 Elementary School

3043707 Middle School

Loveland High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2026	$615,000		Listed Price

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3614-3616 Butternut Drive, Loveland, CO, 80538 is a Multi-Family Home for sale at $615,000 with 1,859 sqft and a lot size of 0.2. 3614-3616 Butternut Drive has 4 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 80538 which is in Loveland, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/3/2026.

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3614-3616 Butternut Drive

Multi-Family Home for sale in Loveland, CO

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