1349 Cherry St Fort Collins, CO 80521
Estimated payment $6,748/month
Highlights
- Open Floorplan
- No HOA
- Eat-In Kitchen
- Deck
- Balcony
- Patio
About This Home
Excellent investment opportunity just 5 minutes from Old Town and CSU! This fully leased, low-maintenance 4-plex offers strong annual income with no HOA and a consistent rental history. Each unit features 2 bedrooms, 1 bath, in-unit washer/dryer, private storage, individual hot water heaters, and either a fenced backyard or balcony. Parking is available directly in front of each unit. Recent updates include a new roof (2019), new water heaters (last 5 years), and new balconies/decks (2024). The adjacent 4-plex at 1343 Cherry St is also available and can be purchased separately or together-perfect for expanding your portfolio in a prime Fort Collins location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,850
Year Built
- Built in 1994
Lot Details
- 0.25 Acre Lot
- Partially Fenced Property
- Wood Fence
- Landscaped with Trees
Parking
- 8 Parking Spaces
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,432 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Fire and Smoke Detector
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Balcony
- Deck
- Patio
Schools
- Putnam Elementary School
- Lincoln Middle School
- Poudre High School
Utilities
- Baseboard Heating
Listing and Financial Details
- Tenant pays for deposit, electricity, water, sewer, trash collection
- Assessor Parcel Number R1412701
Community Details
Overview
- No Home Owners Association
- 4 Units
- Tennyson Heights Subdivision
Building Details
- Gross Income $85,260
- Net Operating Income $71,572
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $1,175,000 | -2.1% | $342 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $1,200,000 | +44.6% | $350 / Sq Ft |
| 03/09/2020 03/09/20 | Off Market | $830,000 | -- | -- |
| 12/09/2019 12/09/19 | Sold | $830,000 | -1.8% | $242 / Sq Ft |
| 11/06/2019 11/06/19 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $845,000 | -- | $246 / Sq Ft |
Source: IRES MLS
MLS Number: 1039842
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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing 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.
Information deemed reliable but not guaranteed by the MLS.
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