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Loveland, CO 80538 1640 Cheyenne Ave

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  • MLS# 1055427
  • 04/02/2026
  • Request Tour
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  • Beds • 4
  • Baths • 2
  • SQFT • 1,800
  • Garage • 1

Home Details

Calling all investors and house hackers! Don't miss this beautifully updated duplex in central Loveland. Great opportunity to live in one and rent out the other! This building received a full facelift top to bottom in 2024, all new landscaping, new windows, new furnaces, central air conditioning (rare in loveland duplexes), floors, kitchens/appliances, baths, the list goes on. Both units have an attached 1 car garage plus driveway parking and street parking. Both units also have private fenced backyards. This is an excellent opportunity for aspiring landlords who want minimum maintenance for years to come, or house hackers looking for quality construction and modern finishes. This opportunity is located just minutes from Loveland High, McKee hospital, The Sculpture park, Lake Loveland, shopping, and much much more. Set up your showing today! 1640 is ready to show, while 1642 is leased through August 2026 at $2,000/mo + utilities. With proven rents at $2,000/mo per unit this is a great opportunity for a high performing long term hold.
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Interior Features for 1640 Cheyenne Ave

Other Interior Features

LivingAreaSourceAssessor
BasementCrawl Space
Interior AmenitiesWasher/Dryer Hookup

General for 1640 Cheyenne Ave

AccessibilityLevel Lot, No Stairs, Main Floor Bath, Main Level Bedroom
AppliancesElectric Range, Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Architectural StyleLegal Conforming, Contemporary
AttributionContact9706915690
Cap Rate6.81
CityLoveland
Construction MaterialsFrame, Brick
CoolingCentral Air
CountyLarimer
DisclosuresSeller's Property Disclosure
Elementary SchoolMonroe
Energy EfficientWindows
Exclusionstenant and seller personal property
Expected Active Date 2026-04-02
Gross Income48000
HOANo
HeatingForced Air
High SchoolMountain View
High School DistrictThompson R2-J
Lease Amount FrequencyFixed Term
LevelsOne
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolPeakview Academy at Conrad Ball
Net Operating Income43582
New ConstructionNo
Number Of Units Total2
Operating Expense4418
Parcel NumberR0336459
Possible UseSingle Family, Multi-Family
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameMckee Meadows
Tax Annual Amount2558
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer
Unit1642
UtilitiesNatural Gas Available, Electricity Available
Year Built1974
ZoningR3E

Exterior for 1640 Cheyenne Ave

Exterior AmenitiesSprinkler System
FencingFenced
Irrigation Water Rights Y/NNo
Lot FeaturesHouse Faces West, Paved, Curbs, Gutters, Sidewalks, Street Light
Lot Size Acres0.14
Lot Size Area6120
Other Parking1 Space/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking2
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Mountain View High School
Middle School Peakview Academy at Conrad Ball Middle School
Elementary School Monroe Elementary School

Nathan Washam

Broker/Owner
Price $640,000
MLS#1055427
List Date 04/02/2026
Property Type Income
Phone 970.988.8295
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