724 Mead Street, Louisville, CO 80027
Local realty services provided by:ERA New Age
Listed by: marie jacobs
Office: liv sotheby's intl realty
MLS#:IR1063078
Source:ML
Price summary
- Price:$900,000
- Price per sq. ft.:$509.92
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....
Contact an agent
Home facts
- Year built:1985
- Subdivision & Development:Kimberly
- Listing ID #:IR1063078
Rooms and interior
- Kitchen Description:Dishwasher, Oven, Refrigerator
- Basement:Yes
- Living area:1,765 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:1,765 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Monarch
- Middle school:Louisville
- Elementary school:Louisville
Utilities
- Water:Public
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$509.92
- Tax amount:$4,486 (2025)
Parking
- Total parking spaces:6
Based on information submitted to the MLS GRID as of August 20, 2026 02:42 PM. 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 Street
- Open Sat, 1 to 2:30pmNew
$765,000Active3 beds 3 baths1,568 sq. ft.455 W Sycamore Court, Louisville, CO 80027
MLS# IR1066788Listed by: RE/MAX ELEVATE - Open Sat, 11am to 1pmNew
$750,000Active3 beds 2 baths1,945 sq. ft.388 Lafayette Street, Louisville, CO 80027
MLS# IR1066739Listed by: WK REAL ESTATE - New
$799,900Active3 beds 3 baths3,047 sq. ft.958 Superior Drive, Louisville, CO 80027
MLS# 1661052Listed by: REVOLUTIONARY REALTY LLC - Open Sun, 12 to 2pmNew
$1,090,000Active5 beds 3 baths2,585 sq. ft.545 Catalpa Court, Louisville, CO 80027
MLS# IR1066662Listed by: MALEC GROUP, LLC - New
$765,000Active3 beds 3 baths1,800 sq. ft.2285 Cliffrose Lane, Louisville, CO 80027
MLS# 8432166Listed by: PRECISION HOMES REAL ESTATE - New
$460,000Active3 beds 3 baths1,568 sq. ft.150 Pheasant Run, Louisville, CO 80027
MLS# IR1066324Listed by: LIV SOTHEBY'S INTL REALTY - New
$2,250,000Active6 beds 5 baths5,109 sq. ft.137 S Warbler Court, Louisville, CO 80027
MLS# IR1066141Listed by: MILEHIMODERN - BOULDER 
$450,000Active2 beds 2 baths1,232 sq. ft.1053 W Century Drive #101, Louisville, CO 80027
MLS# IR1066081Listed by: EQUITY COLORADO-FRONT RANGE
$499,500Active2 beds 2 baths1,121 sq. ft.1316 Snowberry Lane #201, Louisville, CO 80027
MLS# IR1066024Listed by: RE/MAX OF BOULDER, INC
$570,000Active3 beds 3 baths2,126 sq. ft.517 Ridgeview Drive, Louisville, CO 80027
MLS# IR1066031Listed by: WK REAL ESTATE
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2023 - 2026 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.