$490,000
SOLD MAR 10, 2025
2 Beds
2 Baths
1,120 Sq Ft
4,917 Sq Ft Lot

Recently Sold

$438 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • No HOA
  • Open Floorplan
  • Corner Lot
  • Wood Frame Window

About This Home

As of March 2025

GREAT INVESTMENT OPPORTUNITY! NEW ROOF! This side-by-side duplex is conveniently located just a few blocks from Lee Martinez Park, the peaceful Poudre River trails, and the vibrant Old Town and city center. Situated on a corner lot with two 1-bed, 1-bath units, offering modern updates while keeping its original charm. The original wood siding has been preserved, with durable composite siding on a portion of the building. The newly renovated and sealed exterior shines with fresh paint and trim. Inside, warm hardwood floors flow throughout, creating a welcoming feel. Stackable washers and dryers are included for added convenience. Each unit has its own privacy fenced backyard, ideal for relaxing or entertaining. The updated landscaping, with fresh mulch and stone flowerbeds, looks inviting and is easy to maintain. You'll never worry about parking with a driveway and a four-car garage with a brand new roll-top roof and reinforced structural support beams. The main house roof was replaced in 2024, adding to the property's reliability. This makes it a great investment, whether you keep renting or use the units yourself. This duplex is more than a home; it's a lifestyle. With modern updates and historical charm, this property is a unique find in a prime location. Don't miss out on making this delightful duplex your own! Landlord currently pays for all of the utilities, except for internet. Unit 326 is rented at $1650/mo and the tenant is in a month-to-month lease. Unit 328 is currently used as a 30-60 day Airbnb rental and nets approximately $2,100/mo in income when rented. Property is being sold as-is, and the Seller is offering to purchase the Buyer a 2-year Eagle Premier Home Warranty.

Last Agent to Sell the Property

Max Sepulveda

Kittle Real Estate

Last Buyer's Agent

Max Sepulveda

Kittle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1899

Lot Details

  • 4,917 Sq Ft Lot
  • Wood Fence
  • Corner Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Flat Tile Roof
  • Wood Siding
  • Composition Shingle

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Frame Window

Kitchen

  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Additional Features

  • The property is located in a historic district
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0029505

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Side Subdivision

Building Details

  • Gross Income $45,000
  • Net Operating Income $34,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,191

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Year Built: 1899
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: West Side
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 2
  • Flooring: Wood Floors
  • Interior Amenities: Open Floorplan, Stain/Natural Trim
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Fencing: Fenced, Wood
  • Lot Features: Corner Lot, Historic District, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Composition Siding, Wood Siding, Painted/Stained
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 4917
  • Parcel #: R0029505
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3191

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 10455

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
03/10/2025 03/10/25 Sold $490,000 -2.0% $438 / Sq Ft
01/18/2025 01/18/25 For Sale $500,000 +14.9% $446 / Sq Ft
12/20/2023 12/20/23 Sold $435,000 -0.9% $388 / Sq Ft
11/01/2023 11/01/23 Price Changed $439,000 -6.6% $392 / Sq Ft
10/02/2023 10/02/23 For Sale $470,000 +123.8% $420 / Sq Ft
01/28/2019 01/28/19 Off Market $210,000 -- --
10/08/2015 10/08/15 Sold $210,000 -17.6% $183 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $255,000 -- $222 / Sq Ft
Source: IRES MLS

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 $3,036 $36,937 $6,030 $30,907
2024 $3,036 $36,937 $6,030 $30,907
2022 $2,026 $21,461 $6,120 $15,341
2021 $2,093 $22,565 $6,435 $16,130
2020 $2,011 $21,493 $6,435 $15,058
2019 $2,020 $21,493 $6,435 $15,058
2018 $1,334 $14,638 $6,480 $8,158
2017 $1,330 $14,638 $6,480 $8,158
2016 $1,278 $14,002 $7,164 $6,838
2015 $1,269 $14,000 $7,160 $6,840
2014 $1,104 $12,100 $3,980 $8,120
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Previous Owner $920,000 New Conventional
Previous Owner $238,000 New Conventional
Previous Owner $238,000 New Conventional
Previous Owner $151,900 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $490,000 Fntc (Fidelity National Title)
Special Warranty Deed $435,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $210,000 Land Title Guarantee
Deed $52,100 --
Source: Public Records

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Source: IRES MLS

MLS Number: 1024703

IRES MLS

APN: 97112-28-029