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724 Mead St, 
Louisville, CO 80027

$900,000


Bed


Bath


1,765

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Marie Jacobs

Liv Sotheby'S Intl Realty

3034436161

Last updated:

September 3, 2026, 02:43 PM

MLS#

1063078

Source:

IRES

About This Home

724 Mead St

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.

Home Facts

Multi-Family

Built in 1985

Subdivision & Development:

Kimberly

Price Summary

900,000

$509 per Sq. Ft.

MLS #:

1063078

Last Updated:

September 3, 2026, 02:43 PM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

1,765 Sq. Ft.


Structure

Structure

Building Area:

1,765 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

6,540


Finances & Disclosures

Finances

Price:

$900,000

Price per Sq. Ft:

$509 per Sq. Ft.

Source:IRES
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.