230 N Sherwood St Fort Collins, CO 80521
Martinez Park-Capitol Hill NeighborhoodEstimated payment $4,114/month
Total Views
6,251
4
Beds
2
Baths
1,800
Sq Ft
$375
Price per Sq Ft
Highlights
- No HOA
- Forced Air Heating System
- 1-minute walk to Washington Park
- Outdoor Storage
- 1-Story Property
About This Home
Prime investment opportunity in the heart of Fort Collins! Ideally located just three blocks away from the vibrant Old Town, this over-under duplex offers an outstanding rental history, making it a prime choice for investors or those seeking a personal home with an income-generating potential. Each unit has recently been remodeled and offers 2 bedrooms and 1 bathroom. With a significant lot size and convenient alleyway access, there's room to expand, add value, or simply enjoy the outdoor space as it is. An additional amenity is the shared laundry room. The detached garages and shed provide even more earning potential, offering extra storage space for tenants or additional leasing opportunities. Minutes from Old Town Fort Collins, CSU, Lee Martinez Community Park, Washington Park, and the Downtown Transit Center, this property sits in one of Fort Collins' most sought-after locations. Keep it as a high-performing investment, live in one unit while renting out the other, or explore future development opportunities-the choice is yours!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,158
Year Built
- Built in 1918
Lot Details
- 9,500 Sq Ft Lot
- Property fronts an alley
Home Design
- Duplex
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven or Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Putnam Elementary School
- Lincoln Middle School
- Poudre High School
Additional Features
- Outdoor Storage
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number R0025089
Community Details
Overview
- No Home Owners Association
- 2 Units
- Old Town Subdivision
Building Details
- Gross Income $39,080
- Net Operating Income $30,811
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,956 | $47,021 | $3,350 | $43,671 |
| 2024 | $3,956 | $47,021 | $3,350 | $43,671 |
| 2022 | $3,413 | $36,142 | $3,400 | $32,742 |
| 2021 | $3,525 | $38,002 | $3,575 | $34,427 |
| 2020 | $2,743 | $29,315 | $3,575 | $25,740 |
| 2019 | $3,705 | $39,425 | $3,575 | $35,850 |
| 2018 | $2,835 | $31,111 | $3,600 | $27,511 |
| 2017 | $2,826 | $31,111 | $3,600 | $27,511 |
| 2016 | $1,976 | $21,643 | $3,980 | $17,663 |
| 2015 | $1,962 | $21,640 | $3,980 | $17,660 |
| 2014 | $1,719 | $18,840 | $3,980 | $14,860 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | For Sale | $675,000 | +84.4% | $375 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $366,000 | -- | -- |
| 09/15/2017 09/15/17 | Sold | $366,000 | -8.5% | $305 / Sq Ft |
| 08/16/2017 08/16/17 | Pending | -- | -- | -- |
| 07/31/2017 07/31/17 | For Sale | $400,000 | -- | $333 / Sq Ft |
Source: IRES MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $366,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $26,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $183,000 | New Conventional |
Source: Public Records
Similar Homes in Fort Collins, CO
Source: IRES MLS
MLS Number: 1028977
APN: 97111-28-014
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.
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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