About This Home

This 0-bedroom, 0-bathroom residential multi family at 3609 Butternut Dr in Loveland, CO is listed for $760,000 ($857 per sqft). Built in 1971, the home offers 887 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1971
  • 0.31 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
8 spaces
1971

Amenities

A/C
Listing Description

15K SELLER CONCESSION!!!!TURNKEY 4-PLEX INVESTMENT OPPORTUNITY IN THE HEART OF LOVELAND!Exceptional opportunity to own a well-maintained fourplex in one of Loveland's most convenient locations.With strong rental history, long-term tenants, and future upside potential, this property offers the ideal combination of immediate cash flow and long-term i

nvestment value.Each of the four spacious units offers approximately 887 sq ft of living space and features through-the-wall air conditioning, private outdoor spaces and individually metered electric service paid directly by tenants.Residents enjoy a unique residential feel rarely found in multifamily properties: a large irrigated yard,mature shade trees, automatic sprinkler system, inviting porches, private patios & generous off-street parking.

Each unit is assigned its own driveway parking area with space for two vehicles, adding to tenant convenience.The property also includes a coin-operated laundry room,providing additional income potential and convenience for residents.Recent improvements demonstrate pride of ownership and thoughtful maintenance, including exterior paint completed wi

thin the last year, interior paint updates throughout the units within the past few years, updated flooring in three of the four units, & one of the two 50-gallon water heaters replaced within the last year. Units 3609, 3611, and 3613 feature newer luxury vinyl plank flooring and/or carpet,Current rental income totals $5,440 per month, with rents of $1,400, $1,300, $1,440, and $1,300 respectively.

Several tenants have established long-term residency, there is potential for future rent increases.Conveniently located near shopping, public transportation, this investment property offers stable income, low-maintenance ownership, strong tenant appeal, and turnkey management potential.Whether you're expanding your portfolio or entering the multifamily market, this Loveland fourplex is a rare opportunity.

Monthly Cost Estimate

$4,065/mo

20% down · 6.5% · 30 years

Principal$550
Interest$3,293
Insurance$222

Estimates only. Actual payments may vary.

Location

3609 Butternut Dr

Loveland, CO 80538

Sunset Acres

Features & Amenities

Exterior Features

Sprinkler System

Property Details

Construction

Frame

Outdoor Features

Deck

Heating

Baseboard

Cooling

Wall/Window Unit(s)Window Unit(s)

Appliances

No Units FurnishedElectric RangeDishwasherRefrigeratorDisposalFire Alarm

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3609 Butternut Dr is listed at $760,000 ($857/sqft). The estimated monthly payment is $4,065 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.31 acre lot, 2 stories, 8 parking spaces. Exterior Features: Sprinkler System.

This property is listed by Tara Moreno.

TM

Tara Moreno

Agent at RE/MAX Alliance

Listed by RE/MAX Alliance · Broker phone: (877) 412-4811 · View on Broker Site · Broker website

MLS# 1062281· Source: IRES MLS· 132 days on PropertySimple

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3609 Butternut Dr, Loveland, CO 80538

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