For sale

Price cut: $50K (7/6)

$1,050,000

120 Peterson St, Fort Collins, CO 80524

4beds

4baths

2,080sqft

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Multi Family

Built in 1912

-- sqft lot

$-- Zestimate^®

$505/sqft

$-- HOA

What's special

Stylish finishesExposed brickVery low-maintenance lotQuality custom cabinetsRadiant floor heatFront yard sprinkler systemBrand new roof

Updated four-plex for sale in an incredible downtown Fort Collins location just blocks from Old Town Square. The building has a brand new roof plus updated electrical and plumbing while the remodeled kitchens feature quality custom cabinets, tile backsplashes and stylish finishes. Updated bathrooms have subway tile showers and even radiant floor heat in a few units. Other things that make this place so special are solid hardwood floors, exposed brick, arched doorways, and this charm will equate to high rents. The largest unit is available, ready for a new lease at a price selected by the new owner. The three other units are currently leased. With this stellar location there is great potential for long term appreciation. There is a garage for shared tenant storage and a laundry room in the basement. It's a very low-maintenance lot and includes a front yard sprinkler system. Utilities are shared among tenants and there is no HOA.

78 days

478

34

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Hot Water, Radiator

Cooling

Wall/Window Unit(s), Ceiling Fan(s)

Appliances

Included: Gas Range, Dishwasher, Refrigerator, Washer, Dryer

Features

Basement: Partial

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Property

Parking

Total spaces: 1

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Exterior features: Sprinkler System

Lot

Size: 3,220 Square Feet

Details

Parcel number: R0044245
Zoning: NCB
Special conditions: Private Owner

Construction

Type & style

Home type: MultiFamily
Architectural style: Legal Conforming
Property subtype: Multi Family

Materials

Frame, Stucco
Roof: Composition

Condition

New construction: No
Year built: 1912

Utilities & green energy

Electric: City Ft Collins
Gas: Xcel Energy
Water: City
Utilities for property: Natural Gas Available, Electricity Available

Community & HOA

Community

Subdivision: Ftc

HOA

Has HOA: No

Location

Region: Fort Collins

Financial & listing details

Price per square foot: $505/sqft
Annual tax amount: $6,405
Date on market: 5/1/2026
Listing terms: Cash,Conventional,1031 Exchange
Exclusions: Personal property of tenants and staging items
Tenant pays: Deposit, Gas, Electricity, Water, Sewer
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/6/2026	Price change	$1,050,000-4.5%$505/sqft
Source: IRES as distributed by MLS GRID #1057983 Report a problem
5/1/2026	Listed for sale	$1,100,000-7.9%$529/sqft
Source: IRES as distributed by MLS GRID #1057983 Report a problem
7/2/2025	Listing removed	$1,195,000$575/sqft
Source: IRES as distributed by MLS GRID #1030095 Report a problem
6/25/2025	Price change	$1,195,000-0.4%$575/sqft
Source: IRES as distributed by MLS GRID #1030095 Report a problem
5/15/2025	Price change	$1,200,000-5.9%$577/sqft
Source: IRES as distributed by MLS GRID #1030095 Report a problem
4/3/2025	Listed for sale	$1,275,000$613/sqft
Source: IRES as distributed by MLS GRID #1030095 Report a problem
7/17/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/13/2024	Listed for rent	$1,350+22.7%$1/sqft
Source: Zillow Rentals Report a problem
7/4/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/1/2022	Listed for rent	$1,100-18.5%$1/sqft
Source: Zillow Rental Manager Report a problem
11/28/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/20/2021	Listed for rent	$1,350$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 80524

Getting around

88 / 100

Very Walkable

44 / 100

Some Transit

100 / 100

Biker's Paradise

Nearby schools

GreatSchools rating

5/10
Laurel Elementary School
Grades: PK-5Distance: 0.9 mi
5/10
Lesher Middle School
Grades: 6-8Distance: 1.3 mi
8/10
Fort Collins High School
Grades: 9-12Distance: 3.6 mi

Schools provided by the listing agent

Elementary: Laurel
Middle: Lesher
High: Ft Collins

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.