# 3609 Butternut Dr, Loveland, CO 80538 > **TL;DR:** residential multi family, $760,000 ($857/sqft), built 1971, 887 sqft. > A/C. Est. $4,065/mo. Listed 133 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $760,000 | | Price/sqft | $857 | | Square Feet | 887 | | Year Built | 1971 | | Lot Size | 13,504 sqft (0.31 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 133 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,843 | | Estimated Insurance | $222 | | **Total** | **$4,065** | ## Nearby Schools - **Elementary:** Lincoln - **Middle:** Erwin, Lucile - **High:** Loveland ## Key Amenities - A/C ## Property Highlights - Built in 1971 - 0.31 acre lot - 2 stories - 8 parking spaces ## Description ### Agent 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 investment 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 within 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. ## Location - **Address:** 3609 Butternut Dr, Loveland, CO 80538 - **County:** Larimer - **Neighborhood:** Sunset Acres - **Coordinates:** 40.428694, -105.083392 - **Google Maps:** https://www.google.com/maps?q=40.428694,-105.083392 ## Virtual Tour & Media - **Video Tour:** https://cleancapture-property-solutions.aryeo.com/sites/eygbvbwo/unbranded ## Listing Agent - **Name:** Tara Moreno - **Brokerage:** RE/MAX Alliance - **Broker Phone:** (877) 412-4811 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3609-Butternut-Dr_Loveland_CO_80538_M22126-66211?f=listhub&s=IRESCO&m=1062281&c=propsimple) ## Photos ![3609 Butternut Dr - Photo 1](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1434933977r.jpg) ![3609 Butternut Dr - Photo 2](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3412707961r.jpg) ![3609 Butternut Dr - Photo 3](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f256642234r.jpg) ![3609 Butternut Dr - Photo 4](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2286523299r.jpg) ![3609 Butternut Dr - Photo 5](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2571415938r.jpg) ![3609 Butternut Dr - Photo 6](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f532483310r.jpg) ![3609 Butternut Dr - Photo 7](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1585401591r.jpg) ![3609 Butternut Dr - Photo 8](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f200925204r.jpg) ![3609 Butternut Dr - Photo 9](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1493638707r.jpg) ![3609 Butternut Dr - Photo 10](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3608570077r.jpg) ![3609 Butternut Dr - Photo 11](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2530428166r.jpg) ![3609 Butternut Dr - Photo 12](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f719063303r.jpg) ![3609 Butternut Dr - Photo 13](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2418713445r.jpg) ![3609 Butternut Dr - Photo 14](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f4250608523r.jpg) ![3609 Butternut Dr - Photo 15](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2948068872r.jpg) ![3609 Butternut Dr - Photo 16](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2945889728r.jpg) ![3609 Butternut Dr - Photo 17](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f124514629r.jpg) ![3609 Butternut Dr - Photo 18](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f985961511r.jpg) ![3609 Butternut Dr - Photo 19](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3858482061r.jpg) ![3609 Butternut Dr - Photo 20](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2033796068r.jpg) ![3609 Butternut Dr - Photo 21](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2220150768r.jpg) ![3609 Butternut Dr - Photo 22](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1807439035r.jpg) ![3609 Butternut Dr - Photo 23](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1121546164r.jpg) ![3609 Butternut Dr - Photo 24](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f924386370r.jpg) ![3609 Butternut Dr - Photo 25](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f85021951r.jpg) ![3609 Butternut Dr - Photo 26](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3538805060r.jpg) ![3609 Butternut Dr - Photo 27](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3275084070r.jpg) ![3609 Butternut Dr - Photo 28](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1417279213r.jpg) ![3609 Butternut Dr - Photo 29](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1003503048r.jpg) ![3609 Butternut Dr - Photo 30](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f4056367797r.jpg) ![3609 Butternut Dr - Photo 31](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f674072705r.jpg) ![3609 Butternut Dr - Photo 32](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3649043922r.jpg) ![3609 Butternut Dr - Photo 33](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2713078766r.jpg) ![3609 Butternut Dr - Photo 34](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1338585627r.jpg) ![3609 Butternut Dr - Photo 35](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f585374313r.jpg) ![3609 Butternut Dr - Photo 36](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f1807603945r.jpg) ![3609 Butternut Dr - Photo 37](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2613951767r.jpg) ![3609 Butternut Dr - Photo 38](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3234766486r.jpg) ![3609 Butternut Dr - Photo 39](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2412576817r.jpg) ![3609 Butternut Dr - Photo 40](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f598645935r.jpg) ![3609 Butternut Dr - Photo 41](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2260163983r.jpg) ![3609 Butternut Dr - Photo 42](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f858522036r.jpg) ![3609 Butternut Dr - Photo 43](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f4219569388r.jpg) ![3609 Butternut Dr - Photo 44](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3139059035r.jpg) ![3609 Butternut Dr - Photo 45](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f76518977r.jpg) ![3609 Butternut Dr - Photo 46](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f877095235r.jpg) ![3609 Butternut Dr - Photo 47](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f4201513134r.jpg) ![3609 Butternut Dr - Photo 48](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f2054535839r.jpg) ![3609 Butternut Dr - Photo 49](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3445115002r.jpg) ![3609 Butternut Dr - Photo 50](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f3808037488r.jpg) --- **MLS#:** 1062281 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/3609-butternut-dr-loveland-co-80538-c4f0c2a5a8be4eefb057b1d542743663) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3609-butternut-dr-loveland-co-80538-c4f0c2a5a8be4eefb057b1d542743663#listing", "url": "https://www.propertysimple.ai/listing/3609-butternut-dr-loveland-co-80538-c4f0c2a5a8be4eefb057b1d542743663", "name": "3609 Butternut Dr, Loveland, CO 80538", "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 investment 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 within 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. 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