Active
4 beds2 baths1,765 sqft
724 Mead St, Louisville, CO 80027
Est: $5,025/moGet pre-approved
Multi FamilyProperty Type
0.15 acresLot Size
1985Year Built
$510/sq ftPrice per sq ft
6 carsParking Spaces

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....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.
82 days on Market
  • Listed by: Marie Jacobs 303.919.4122 Mariejacobsrealty@icloud.com • LIV Sotheby's Intl Realty
Last updated: 08/17/2026 02:28 PM • Source: IRES as distributed by MLS GRID, MLS#: 1063078

Location

Listing Courtesy of LIV Sotheby's Intl Realty, Marie Jacobs
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Property Information for 724 Mead Street

Property Details
  • Taxes: $4,486 / year
  • MLS Type: Residential Income / Multi Family
  • Locale: Louisville
Building Information
  • Residences: 2
  • Year Built: 1985
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Latitude: 39.97
  • Longitude: -105.13
Parking
  • Total Parking: 6.00
Taxes and HOA Information
  • Has HOA: No
  • HOA Fee: $.00
  • Legal Description: LOT 3 BLK 4 KIMBERLY SPLIT FROM ID 19287
  • Tax Information: No
  • HOA2 Fee Amount: $0
  • Tax Year: 2025
  • Tax Annual Amount: $4,486
  • Parcel Number: R0101344
Property
Lot Information
  • Lot Size Area: 6,540.00
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Pano Url Position: 1
  • Are Ditches Active: No
  • New Construction YN: No
  • Levels: Two
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
Interior Features
  • Interior Features: Separate Dining Room, Open Floorplan
  • Laundry Features: Electric Range, Dishwasher, Refrigerator
Multi Family
Multi-Family Information
  • Number2 Bedroom Units: 2
Unit Information
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Units Total: 1.0
  • IRE_Unit Type Estimated Sq Ft: 882
  • Unit Type Type: Unit 1
  • Unit Type Beds Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Units Total: 1.0
  • IRE_Unit Type Estimated Sq Ft: 882
  • Unit Type Type: Unit 2
  • Unit Type Beds Total: 2
Rental
Rental Information
  • Horse YN: No
  • Rent Fee Includes: Gas, Electricity, Trash Collection
  • Occupant Type: Tenant

Public Records for 724 Mead Street

Taxable ValueLand$43,432Additions$20,849Total$64,281
Tax Record2025$5,748 ($479 / month)
Home Facts
Baths2Total Finished SqFt1,764 SqFtAbove Grade Finished SqFt1,764 SqFtStories1Lot Size6,540 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985Year Renovated1985CountyBOULDERAPNR0101344

Schools near 724 Mead Street

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Louisville Elementary School
PublicPK to 5

Louisville Middle School
Public6 to 8

Monarch High School
Public9 to 12

Justice High Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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724 Mead Street is a multi-family home for sale in Louisville, CO 80027. This property was listed for sale on June 29, 2026 by LIV Sotheby's Intl Realty, it's currently listed at $900,000. This listing's school district is Boulder Valley Re 2 School District. Nearby schools include Louisville Elementary School, Louisville Middle School and Monarch High School. 724 Mead Street is a 4-bed, 2-bath, 1,765 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LIV Sotheby's Intl Realty, Marie Jacobs

Based on information submitted to the MLS GRID as of 08/17/2026 02:28 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.