Address
135 Cleveland Avenue, Loveland, CO
Price
$ 890,000
Property Attributes
- MLS#IR1056773
- TypeSingle Family
- Listing Status Active
- CountyLARIMER
- CityLoveland
- NeighborhoodLov
- Zip80537
- Style
- Year Built1928
- Taxes$ 11775
- Price$ 890,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4180
- Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description
LIVE/ WORK, OR INVESTMENT IN THE HEART OF DOWNTOWN LOVELAND. Potential Fix N Flip opportunity. An exceptional opportunity to live in vibrant Downtown Loveland while operating your business in one of the other two buildings on the property. Live steps from your business or lease all three buildings for a strong investment play. This rare offering delivers flexibility, visibility, and long-term upside. With frontage on Cleveland Avenue-from 1st Street to 2nd Street-this unique portfolio places you on two prime corner locations, maximizing exposure and accessibility directly across from the Townplace Suites by Marriott. The three-building portfolio includes: A former retail building at the corner of 1st Street & Cleveland Avenue, currently configured as a residence. A flexible open shop space with a variety of potential uses. A single-family home currently split into two units (separate ground-level and lower-level units) FEATURES: Up to four potential income streams across three structures. Prime downtown location within walking distance to dining, breweries, theaters, shops, and cultural attractions. High visibility corridor with traffic counts exceeding 11,000 vehicles per day. Strong upside potential as Downtown Loveland continues to grow and appreciate. Newer roofs for reduced near-term capital expenses
| Elementary School | High School |
|---|---|
| Truscott Elementary School | Thompson Valley High School |
| Price History | |
|---|---|
| 4/22/2026 | Listed $890,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Available,Natural Gas Available |
| Roof | Composition |
| Zoning | BE |
| Construction Materials | Brick,Vinyl Siding,Frame |
| Year Built | 1928 |
| Tenant Pays | Electricity,Gas,Water |
| Levels | One |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Larimer |
| Net Operating Income | 60225 |
| Operating Expense | 11775 |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Lov |
| Status | Active |
| High School | Thompson Valley |
| City | Loveland |
| High School District | Thompson R2-J |
| Lot Size Square Feet | 6259 |
| Elementary School | Truscott |
| Tax Annual Amount | 11775 |
| Middle/Junior High School | Other |
| Concessions | No |
| Standard Status | Active |
| Occupancy Type | Owner |
| Elementary School District | Thompson R2-J |
| Cap Rate | 6.77 |
Interior Features
| Basement | Partial |
|---|---|
| Furnished Y/N | Unfurnished |
| Basement (Y/N) | Yes |
Exterior Features
| Fencing | Fenced |
|---|---|
| Lot Features | Flood Zone |
| Water Source | Public |
| Building Area Total | 4180 |
| Lot Size Acres | 0.14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80537
Price
Taxes
Year Built
Visits
