$935,000

Estimated payment $5,224/month

3 Beds
3 Baths
2,246 Sq Ft
$416 Price per Sq Ft

Highlights

  • City View
  • Cathedral Ceiling
  • No HOA
  • Lesher Middle School Rated A-
  • Wood Flooring
  • Bay Window

About This Home

Investor Opportunity - Prime Downtown TriplexIf you're an investor seeking the ideal location for an income-producing property, look no further. This well-maintained triplex offers excellent rental income and sits on a desirable corner lot, providing the potential to easily add an ADU for additional revenue plans to be confirmed with city of Fort Collins. situated in an ideal downtown location, the property is within walking distance of numerous amenities, shops, and restaurants. It also offers great flexibility-convert it back into a single-family residence and enjoy a pristine downtown address while maintaining income from the lower units. This is a rare opportunity to own a versatile, income-generating property in a highly sought-after area. Please allow 24 hours notice for current tenants.

Listing Agent

Felicia DiGiallonardo

HomeSmart Realty Partners FTC Listed on: 10/30/2025

HomeSmart Realty Partners FTC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1904

Lot Details

  • 5,890 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,246 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Bay Window
  • Wood Flooring
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Radiator
  • Gravity Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0052833

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Ftc Subdivision

Building Details

  • Gross Income $47,976
  • Net Operating Income $41,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,848

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Self-Cleaning Oven,Refrigerator,Clothes Washer,Clothes Dryer,All Appliances,Smoke Alarm(s)
  • Year Built: 1904
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Ftc
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2246
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Refrigerator, Washer, Dryer, All Appliances
  • Has Basement: Partially Finished
  • Total Bedrooms: 3
  • Flooring: Wood Floors
  • Interior Amenities: Cathedral/Vaulted Ceilings
  • Window Features: Window Coverings, Bay Window(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Mineral Rights Excluded, Level
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Stucco
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air, Gravity, Radiator
  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCM
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 5890
  • Parcel #: R0052833
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3848

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 47976
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 3940

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,848 $43,791 $3,350 $40,441
2024 $3,661 $43,791 $3,350 $40,441
2022 $3,540 $37,488 $3,400 $34,088
2021 $3,656 $39,418 $3,575 $35,843
2020 $3,579 $38,253 $3,575 $34,678
2019 $3,595 $38,253 $3,575 $34,678
2018 $2,916 $31,997 $3,600 $28,397
2017 $2,906 $31,997 $3,600 $28,397
2016 $1,977 $21,659 $3,980 $17,679
2015 $1,963 $21,660 $3,980 $17,680
2014 $1,782 $19,540 $3,980 $15,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $935,000 -- $416 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $255,600 None Available
Trustee Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $196,000 --
Interfamily Deed Transfer -- First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,480 Purchase Money Mortgage
Previous Owner $175,200 No Value Available
Previous Owner $156,800 No Value Available
Source: Public Records

Source: IRES MLS

MLS Number: 1046559

IRES MLS

APN: 97132-07-017