$1,040,000
SOLD AUG 22, 2025
8 Beds
4 Baths
3,024 Sq Ft
5,280 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

10% Below List Price

36 Days on Market

Highlights

  • Deck
  • No HOA
  • Eat-In Kitchen
  • Dunn Elementary School Rated A-
  • Balcony
  • Cooling Available

About This Home

As of August 2025

Discover this exceptional duplex just steps from CSU campus in Fort Collins. Recently updated with modern finishes, it offers a turnkey investment opportunity with a proven long-standing rent history, making it highly desirable for tenants. The property features a spacious layout, ideal for student or professional renters. Listed at a strong 6% cap rate, it ensures solid cash flow. The large rear parking lot provides 8 dedicated parking spaces, a rare and valuable amenity. Perfectly situated in a vibrant neighborhood, this duplex is a must-see for investors seeking stability and growth. Don't miss out on this prime Fort Collins property!

Last Agent to Sell the Property

Collin Rue

C3 Real Estate Solutions, LLC Listed on: 06/26/2025

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Collin Rue

C3 Real Estate Solutions, LLC Listed on: 06/26/2025

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1945

Lot Details

  • 5,280 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Dunn Elementary School
  • Lesher Middle School
  • Poudre High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $6,545
  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R1375580

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Westlawn Subdivision

Building Details

  • Gross Income $78,540
  • Net Operating Income $72,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,779

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Inclusions: Electric Range/Oven,Self-Cleaning Oven,Dishwasher,Refrigerator,Smoke Alarm(s)
  • Year Built: 1945
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Westlawn
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3024
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet, Eat-in Kitchen

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Sidewalks, Level
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Electric: Electric, City of Fort Co
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Dunn
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCM
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 5280
  • Parcel #: R1375580
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4779

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 78540
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6479
  • Total Actual Rent: 6545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 5, 2021
Sold by
Rue Mark and Rue Diane
Bought by
Damarla Srikanth and Damarla Pawani Priyanka
Seller's Agent
Collin Rue
C3 Real Estate Solutions, LLC
Buyer's Agent
Collin Rue
C3 Real Estate Solutions, LLC
List Price
$885,000
Sold Price
$885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$663,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2019
Sold by
The Sandra D Schneider Revocable Trust
Bought by
Rue Mark and Rue Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1995
Sold by
Schneider Bertram Trustee
Bought by
Schneider Sandra Trustee

Purchase Details

Closed on
Jun 1, 1993
Sold by
Schneider Bertram Trustee
Bought by
Schneider Bertram Trustee
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $885,000 First American
Warranty Deed $500,000 Land Title Guarantee
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $659,553 New Conventional
Closed $663,750 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $1,040,000 -9.6% $344 / Sq Ft
06/26/2025 06/26/25 For Sale $1,150,000 +29.9% $380 / Sq Ft
07/04/2022 07/04/22 Off Market $885,000 -- --
04/05/2021 04/05/21 Sold $885,000 0.0% $293 / Sq Ft
02/24/2021 02/24/21 For Sale $885,000 -- $293 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

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 $4,779 $53,493 $3,350 $50,143
2024 $4,547 $53,493 $3,350 $50,143
2022 $4,074 $43,146 $3,400 $39,746
2021 $3,320 $35,793 $3,575 $32,218
2020 $3,522 $37,638 $3,575 $34,063
2019 $3,537 $37,638 $3,575 $34,063
2018 $3,343 $36,684 $3,600 $33,084
2017 $3,332 $36,684 $3,600 $33,084
2016 $2,448 $26,817 $3,980 $22,837
2015 $2,431 $26,820 $3,980 $22,840
2014 $2,308 $25,300 $3,980 $21,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1037752

IRES MLS

APN: 97142-10-018