About 414 Mulberry Dr
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.
Features of 414 Mulberry Dr
| MLS® # | 1052120 |
|---|---|
| Price | $985,000 |
| Square Footage | 4,736 |
| Acres | 0.23 |
| Year Built | 1986 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 414 Mulberry Dr |
|---|---|
| Area | Loveland |
| Subdivision | Ridgewood |
| City | Loveland |
| County | Larimer |
| State | CO |
| Zip Code | 80538 |
Amenities
| Utilities | Natural Gas Available, Electricity Available |
|---|---|
| Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Eat-in Kitchen, Washer/Dryer Hookup, Outside Entry |
|---|---|
| Appliances | No Units Furnished, Electric Range, Dishwasher, Refrigerator |
| Heating | Forced Air |
| Fireplace | No |
| Stories | Two |
Exterior
| Roof | Composition |
|---|---|
| Construction | Frame |
School Information
| District | Thompson R2-J |
|---|---|
| Elementary | Lincoln |
| Middle | Erwin, Lucile |
| High | Loveland |
Additional Information
| Days on Market | 189 |
|---|---|
| Zoning | R3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ryan Spencer |
|---|---|
| Co-Agent | Emily Spencer |
| Office | Group Harmony |