Marcus & Millichap is pleased to present 1629 Azalea Drive, a fully renovated multifamily asset located in one of Fort Collins’ most desirable residential corridors. Situated just minutes from the renowned Horsetooth Reservoir, the property benefits from immediate access to some of Northern Colorado’s most sought-after outdoor recreation amenities, including boating, hiking, mountain biking, and open space trails. The asset features an attractive unit mix comprised entirely of spacious three -bedroom units, a highly desirable layout that appeals to families, roommates, and long-term residents seeking larger living accommodations.
Current ownership has completed extensive renovations throughout the property, creating a turnkey investment opportunity with limited near -term capital requirements. In addition to its renovated condition, investors are presented with a compelling value -add opportunity through the continued growth of rental rates toward market levels. Combining a premium Fort Collins location, large three -bedroom floorplans, modernized interiors, and operational upside, 1629 Azalea Drive offers investors the opportunity to acquire a high-quality asset positioned for both stable cash flow and future income growth
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Zillow last checked:
Listing updated:
Listed by:
Charles Burkhart214-336-6064charles.burkhart@marcusmillichap.com,
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Source: REcolorado as distributed by MLS GRID,MLS#: 6362149
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 5
Heating
Baseboard
Cooling
Has cooling: Yes
Appliances
Laundry: Common Area
Features
Has basement: No
Interior area
Total structure area: 3,952
Total interior livable area: 3,952 sqft
Finished area above ground: 3,952
Property
Parking
Total spaces: 8
Details: Off Street Spaces: 8
Lot
Size: 10,018 Square Feet
Features: Level
Details
Parcel number: R0175820
Zoning: MMN
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Frame
Roof: Composition
Condition
Year built: 1969
Utilities & green energy
Sewer: Public Sewer
Community & HOA
Community
Subdivision: Elliott Miller Foothills West
HOA
Has HOA: No
Location
Region: Fort Collins
Financial & listing details
Price per square foot: $266/sqft
Annual tax amount: $6,272
Date on market: 6/16/2026
Listing terms: Cash,Conventional,Other
Ownership: Individual
Estimated market value
Zestimate®
$998,600
Estimated sales range
$949,000 - $1.05M
Rent Zestimate®
$1,656/mo
Price history
Date
Event
Price
6/16/2026
Listed for sale
$1,050,000+1.4%$266/sqft
Source: REcolorado as distributed by MLS GRID #6362149Report a problem
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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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Source: REcolorado 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.