$675,000

449 E Drake Rd Fort Collins, CO 80525

Thunderbird Neighborhood

Estimated payment $4,042/month

Total Views 4,506
4 Beds
2 Baths
1,616 Sq Ft
$418 Price per Sq Ft

Highlights

  • Open Floorplan
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • O'Dea Elementary School Rated A-
  • Patio
  • 4-minute walk to Leisure Park

About This Home

Investor opportunity!! 4 bed, 2 bath duplex located in mid town Fort Collins! Separate units, with 2 beds, 1 bath a piece. Each have their own attached garage and backyards! Centrally located, you wont want to miss this one! Tons of opportunity!

Listing Agent

Jeff Theisen

Harmony Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1967

Lot Details

  • 7,437 Sq Ft Lot
  • Fenced

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Odea Elementary School
  • Boltz Middle School
  • Ft Collins High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0126748

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Fahrenbruch Leisure Village Subdivision

Building Details

  • Gross Income $43,200
  • Net Operating Income $39,901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,299

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Fahrenbruch Leisure Village
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Separate Dining Room, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Ft Collins/Loveland
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Association/Amenities

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

Schools

  • Elementary School: Odea
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Boltz

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 7437
  • Parcel #: R0126748
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3299

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 43200
  • Annual Operating Expense: 3299

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 $3,139 $38,063 $3,015 $35,048
2024 $3,139 $38,063 $3,015 $35,048
2022 $2,870 $30,396 $3,060 $27,336
2021 $2,965 $31,961 $3,218 $28,743
2020 $2,443 $26,112 $3,218 $22,894
2019 $2,454 $26,112 $3,218 $22,894
2018 $2,072 $22,730 $3,240 $19,490
2017 $2,065 $22,730 $3,240 $19,490
2016 $1,562 $17,114 $3,582 $13,532
2015 $1,551 $18,160 $3,580 $14,580
2014 $1,539 $16,870 $3,580 $13,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $675,000 -- $418 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $63,000 --
Source: Public Records

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See All Homes in Fort Collins

Source: IRES MLS

MLS Number: 1028786

IRES MLS

APN: 97252-21-007

Colorado Larimer County Fort Collins 80525 Thunderbird

449 E Drake Rd, Fort Collins, CO

Homes for Sale in Fort Collins, CO

This home is located at 449 E Drake Rd, Fort Collins, CO 80525 and is currently priced at $675,000, approximately $417 per square foot. This property was built in 1967. 449 E Drake Rd is a home located in Larimer County with nearby schools including O'Dea Elementary School, Boltz Middle School, and Fort Collins 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.

Jeff Theisen
Listing Agent
Jeff Theisen
Section Image
Harmony Brokers
(970) 410-8226