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$900,000

Est. payment - /mo

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1,765 SqFt

Active

724 Mead ST Louisville, CO 80027

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Steve Prewitt - Investing In Colorado Real Estate

steve@investingincoloradorealestate.com +1(719) 439-0241

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,765 sqft

Price per Sqft $509

Subdivision Kimberly

MLS Listing ID IR1063078

HOA Y/N No

Year Built 1985

Annual Tax Amount $4,486

Tax Year 2025

Lot Size 6,540 Sqft

Acres 0.15

Property Sub-Type Duplex

Source recolorado

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

Fireplace N

Appliance Dishwasher, Oven, Refrigerator

Exterior

Utilities Available Electricity Available

Roof Type Composition

Total Parking Spaces 6

Building

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Louisville

Middle Schools Louisville

High Schools Monarch

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

Listed by LIV Sotheby's Intl Realty

NEARBY SCHOOL & BUSINESS

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Steve Prewitt - Investing In Colorado Real Estate

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+1(719) 439-0241

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724 Mead ST Louisville, CO 80027

Steve Prewitt - Investing In Colorado Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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724 Mead ST