# 3609 Butternut Dr, Loveland, CO 80538

> **TL;DR:** residential multi family, $790,000 ($891/sqft), built 1971, 887 sqft.
> A/C. Est. $3,423/mo. Listed 8 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $790,000 |
| Price/sqft | $891 |
| Square Feet | 887 |
| Year Built | 1971 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 8 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,423 |
| **Total** | **$3,423** |

## 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
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, all residents have expressed interest in renewing their leases, 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-Loveland
- **Phone:** 9704435034
- **Email:** tarammoreno@gmail.com

## Primary Photo

![3609 Butternut Dr - Primary Photo](http://lh.rdcpix.com/86e51b18631b306c8d9528fbf67c2ab0l-f256642234r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/3609-butternut-dr-loveland-co-80538-1062281)*

---

**MLS#:** 1062281 | **Updated:** 2026-06-24
**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.com/listing/3609-butternut-dr-loveland-co-80538-1062281)

---

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