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Alec Short

alec@westdenveragent.com +1(303) 709-4908

$ 900,000

Est. payment | -/mo

6,540 Sqft Lot

Save Virtual Tour

$ 900,000

Est. payment | -/mo

Save Virtual Tour

6,540 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Kimberly

MLS Listing ID IR1063078

HOA Y/N No

Year Built 1985

Lot Size 6,540 Sqft

Acres 0.15

Property Sub-Type Duplex

Property Description

INVESTMENT OPPORTUNITY in Old Town Louisville. Rare opportunity to own an income-producing duplex in the heart of Old Town Louisville-ideal for an investor or owner-occupant looking to live in one unit while generating income from the other. Each unit offers 2 bedrooms, 1 bath, private laundry, and a fenced yard. The property has a strong rental history, has never been vacant, and offers a cap rate of approximately 5%. Unit #724: Recently updated with new carpet, flooring, paint, and and bathroom. New windows are scheduled for installation in October 2026. Window AC units provide cooling. Unit #726: Features central AC and is currently leased through December 2026. Tenant may be open to a lease buyout or renewal, offering flexibility for the next owner. Property Improvements: Two new furnaces installed in 2020; new hot water heaters in both units in 2022; exterior paint, new roof and ridge vents completed in 2018. The exceptionally deep 175-foot lot provides ample parking and potential space for a future 2-car garage, subject to city approval. Fabulous location just two blocks from Community Park, featuring concerts, Movies in the Park, a fenced dog park and pond. Vibrant Old Town Louisville, with its restaurants, coffee shops, farmers market and community events, is just a few blocks away, with easy access to the regional trail system. Whether you're building your portfolio or looking for an owner-occupied investment, this property offers income potential, flexibility, and an exceptional Louisville location. 1031 tax exchange for seller.

Location

State CO

County Boulder

Zoning RES

Rooms

Basement None

Interior

Interior Features Open Floorplan

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Oven, Refrigerator

Exterior

Utilities Available Electricity Available

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Story Two

Water Public

Schools

School District Elementary: Boulder Valley Re 2, High: Boulder Valley Re 2

Others

Tax ID R0101344

Virtual Tour https://u.listvt.com/mls/252198686

Listed byLIV Sotheby's Intl Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 709-4908

alec@westdenveragent.com

2010 Youngfield St, Lakewood, CO 80215, USA

724 Mead ST Louisville, CO 80027