1114 W. Mulberry presents an exceptional investment opportunity in the heart of Fort Collins with stable cash flow already in place. This spacious 4-bedroom, 3-bath home is currently leased at $3,800 per month through June 1, 2027, providing immediate and reliable income for the next owner. With an established lease in place, investors can step into ownership with confidence and avoid the uncertainty and expense of marketing an available property and securing new tenants. The functional main-level floor plan offers ample living space appealing to a wide range of tenants, including students, professionals, and those seeking convenient access to everything Fort Collins has to offer. Well-maintained and thoughtfully designed, the home combines comfort, practicality, and strong rental appeal. Generous living areas and a desirable layout contribute to the property's attractiveness within the local rental market. Ideally located near Colorado State University, Old Town Fort Collins, shopping, dining, parks, and major commuter routes, this property benefits from consistent demand in one of Northern Colorado's strongest rental markets. The central location supports appreciation potential and strong occupancy trends while offering convenient access to Fort Collins amenities. Offered at $735,000, the property generates gross rental income of $45,600 annually based on current lease terms. This represents an approximate gross rent multiplier (GRM) of 16.1 and a gross income yield of 6.2%, providing investors with clear performance metrics. The lease through June 2027 offers predictable income, reduced vacancy risk, and immediate cash flow from closing. Whether expanding an investment portfolio, completing a 1031 exchange, or seeking a turnkey income property in a high-demand location, 1114 W. Mulberry offers an attractive combination of immediate cash flow and long-term upside. Opportunities to acquire an income-producing property with established tenant in place are limited.
For sale
$735,000
1114 W Mulberry St, Fort Collins, CO 80521
4beds
1,724sqft
Single Family Residence
Built in 1951
7,365 Square Feet Lot
$-- Zestimate®
$426/sqft
$-- HOA
What's special
Well-maintained and thoughtfully designedFunctional main-level floor planDesirable layout
- 74 days |
- 758 |
- 30 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Salza 970-225-5152,
C3 Real Estate Solutions, LLC
Source: IRES as distributed by MLS GRID,MLS#: 1061194
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
Primary bedroom
- Description: Carpet
- Level: Main
- Area: 190 Square Feet
- Dimensions: 10 x 19
Bedroom 2
- Description: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 3
- Description: Carpet
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10 x 15
Bedroom 4
- Description: Carpet
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Family room
- Description: Hardwood
- Level: Main
- Area: 315 Square Feet
- Dimensions: 15 x 21
Kitchen
- Description: Hardwood
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Laundry
- Description: Tile
- Level: Main
- Area: 55 Square Feet
- Dimensions: 5 x 11
Living room
- Description: Hardwood
Study
- Description: Tile
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Laundry: Washer/Dryer Hookup
Features
- Separate Dining Room, Cathedral Ceiling(s), Open Floorplan, Walk-In Closet(s)
- Flooring: Wood
- Doors: French Doors, 6-Panel Doors
- Windows: Skylight(s)
- Basement: None,Crawl Space,Built-In Radon
- Has fireplace: Yes
- Fireplace features: Insert
Interior area
- Total structure area: 1,724
- Total interior livable area: 1,724 sqft
- Finished area above ground: 1,724
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Attached, Oversized
- Attached garage spaces: 2
- Details: Attached
Accessibility
- Accessibility features: Level Lot, Level Drive, Near Bus, Low Carpet, Accessible Doors, Main Floor Bath, Accessible Bedroom, Main Level Laundry
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Enclosed
- Exterior features: Sprinkler System
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Hills
Lot
- Size: 7,365 Square Feet
- Features: Evergreen Trees, Deciduous Trees, Level, Historic District, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Details
- Parcel number: R0037834
- Zoning: NCL
- Special conditions: Private Owner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Composition
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: City of FTC
- Gas: Xcel Energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available, Satellite Avail, High Speed Avail
Green energy
- Energy efficient items: Sun Space, Southern Exposure, Windows, Doors
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Kenwood Heights
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $426/sqft
- Tax assessed value: $684,900
- Annual tax amount: $4,266
- Date on market: 6/7/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Seller and Tenant personal property
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Listed for sale | $735,000+14.3%$426/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1061194 Report a problem | ||
| 4/5/2024 | Listing removed | $3,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2024 | Listed for rent | $3,600+20%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2022 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/9/2022 | Listed for rent | $3,000+50%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2022 | Sold | $643,000-1.1%$373/sqft |
Source:  IRES as distributed by MLS GRID #968698 Report a problem | ||
| 11/9/2022 | Pending sale | $649,900$377/sqft |
Source:  RE/MAX International #968698 Report a problem | ||
| 10/28/2022 | Price change | $649,900-3.7%$377/sqft |
Source: IRES as distributed by MLS GRID #968698 Report a problem | ||
| 9/30/2022 | Price change | $674,900-9.4%$391/sqft |
Source: IRES as distributed by MLS GRID #968698 Report a problem | ||
| 9/15/2022 | Price change | $744,900-3.9%$432/sqft |
Source: IRES as distributed by MLS GRID #968698 Report a problem | ||
| 6/17/2022 | Listed for sale | $774,900+188.6%$449/sqft |
Source: IRES as distributed by MLS GRID #968698 Report a problem | ||
| 5/19/2020 | Listing removed | $2,000$1/sqft |
Source: All Property Services Report a problem | ||
| 3/3/2020 | Listed for rent | $2,000$1/sqft |
Source: All Property Services Report a problem | ||
| 3/20/2018 | Listing removed | $2,000$1/sqft |
Source: All Property Services Report a problem | ||
| 2/28/2018 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/6/2009 | Sold | $268,500-10.5%$156/sqft |
Source: Public Record Report a problem | ||
| 4/16/2009 | Listed for sale | $299,900+5.2%$174/sqft |
Source: Listhub #595605 Report a problem | ||
| 2/28/2006 | Sold | $285,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,266 +12.8% | $42,806 -0.6% |
| 2024 | $3,780 +23.4% | $43,081 -1% |
| 2023 | $3,062 -1% | $43,499 +34.1% |
| 2022 | $3,095 +2.2% | $32,429 -2.8% |
| 2021 | $3,027 -0.4% | $33,362 +3.1% |
| 2020 | $3,040 -8.3% | $32,347 -0.7% |
| 2019 | $3,315 | $32,573 -10.4% |
| 2018 | $3,315 | $36,374 |
| 2017 | $3,315 +0.3% | $36,374 +22% |
| 2016 | $3,304 +22.2% | $29,826 +0% |
| 2015 | $2,703 +19.9% | $29,820 +20.6% |
| 2014 | $2,255 | $24,720 +1.9% |
| 2013 | -- | $24,250 +0.6% |
| 2012 | -- | $24,100 |
| 2011 | -- | $24,100 +24.2% |
| 2010 | -- | $19,400 |
| 2009 | -- | $19,400 -13.7% |
| 2008 | -- | $22,480 |
| 2007 | -- | $22,480 +6.1% |
| 2006 | -- | $21,180 |
| 2005 | -- | $21,180 +18.1% |
| 2004 | -- | $17,940 +17.1% |
| 2002 | -- | $15,320 |
| 2001 | -- | $15,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Town West
Nearby schools
GreatSchools rating
- 8/10Dunn Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Poudre High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Dunn
- Middle: Lincoln
- High: Poudre
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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