724 Mead, Louisville, CO 80027
Local realty services provided by:ERA New Age
724 Mead,Louisville, CO 80027
$867,700
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: marie jacobs
Office: liv sotheby's intl realty
MLS#:IR1063078
Source:ML
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Price summary
- Price:$867,700
About this home
Old Town Louisville's Rare Income-Producing Opportunity
Investment Opportunity in Old Town Louisville
Rare opportunity to own an income-producing duplex in the heart of Old Town Louisville, offering the flexibility of a traditional investment property or an ideal owner-occupant setup—live in one unit while generating rental income from the other. Each side offers 2 bedrooms, 1 bathroom, private laundry, and a fully fenced yard, creating comfortable, highly desirable rental spaces. The property has an excellent rental history, has never experienced a vacancy, and currently offers a cap rate of approximately 5%.
Unit #724 has been recently refreshed with new carpet, new flooring, fresh paint, and an updated bathroom. New windows are scheduled for installation in October 2026, and the unit is equipped with window air-conditioning units.
Unit #726 features central air conditioning and is currently leased through December 2026, providing immediate rental income. The tenant may be open to either a lease buyout or renewal, offering flexibility for the next owner.
Property-wide improvements include two new furnaces installed in 2020, new hot water heaters for both units in 2021, and exterior updates including new exterior paint, a new roof, and ridge vents completed in 2018. The exceptionally deep lot—approximately 175 feet—offers valuable flexibility, with ample space to maintain additional parking or potentially add a two-car garage, subject to city approval.
And then there's the location. Just two blocks from Community Park, residents can easily enjoy summer concerts, Movies in the Park, the fenced dog park and pond, while Louisville's vibrant downtown—with restaurants, coffee shops, the farmers market, and year-round community events—is only a few blocks away. Easy access to the regional trail system adds even more lifestyle appeal.
Whether you're looking to expand your rental portfolio, house-hack by living in one unit, or secure a long-term investment in one of Boulder County's most desirable communities, this duplex offers an exceptional combination of income potential, location, and future opportunity....
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Home facts
- Year built:1985
- Subdivision & Development:Kimberly
- Listing ID #:IR1063078
Rooms and interior
- Kitchen Description:Dishwasher, Oven, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1985
- Construction Materials:Wood Frame
- Levels:2 Story
Schools
- High school:Monarch
- Middle school:Louisville
- Elementary school:Louisville
Utilities
- Water:Public
Finances and disclosures
- Price:$867,700
- Tax amount:$4,486
Based on information submitted to the MLS GRID as of October 27, 2026 06:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.New listings near 724 Mead
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