$1,200,000

1349 Cherry St Fort Collins, CO 80521

Estimated payment $7,186/month

Total Views 121
8 Beds
4 Baths
3,432 Sq Ft
$350 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Eat-In Kitchen
  • Deck
  • Balcony
  • Cooling Available

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.

Listing Agent

Emily Mack

Helix Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Putnam Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R1412701

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tennyson Heights Subdivision

Building Details

  • Gross Income $82,320
  • Net Operating Income $73,632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Tennyson Heights
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, City of Fort Co
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins

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: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: LMN
  • Lot Size Sq Ft: 11009
  • Parcel #: R1412701
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5850

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 82320
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 8688

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

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 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

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Source: IRES MLS

MLS Number: 1031786

IRES MLS

Colorado Larimer County Fort Collins 80521

1349 Cherry St, Fort Collins, CO

Homes for Sale in Fort Collins, CO

This home is located at 1349 Cherry St, Fort Collins, CO 80521 and is currently priced at $1,200,000, approximately $349 per square foot. This property was built in 1994. 1349 Cherry St is a home located in Larimer County with nearby schools including Putnam Elementary School, Lincoln Middle School, and Poudre High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS 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.

Emily Mack
Listing Agent
Emily Mack
Section Image
Helix Properties, LLC
(970) 360-4120