Prime location in Old Town Ft-Collins investment property. This investment property is bringing in $5,085/month and tenants pay all utilities. Every year there has been either a waitlist or multiple applications in the first week of listing it. Rented through August 1, 2027. Both units fully occupied with separate leases in place. 4bed/2bath on the upstairs unit, 2bed/1bath on the lower unit. Perfect location and always easy to rent! This property has been meticulously taken care of by the owners and is a truly turn-key investment property! You will grow your equity through the old town location and gain cashflow from the proximity to campus!
For sale
Price cut: $24K (6/8)
$875,000
416 Locust St, Fort Collins, CO 80524
6beds
3baths
2,348sqft
Multi Family
Built in 1938
-- sqft lot
$849,600 Zestimate®
$373/sqft
$-- HOA
What's special
- 43 days |
- 684 |
- 34 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Collin Rue 719-339-5106,
C3 Real Estate Solutions, LLC
Source: IRES as distributed by MLS GRID,MLS#: 1059407
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Eat-in Kitchen, Separate Dining Room
- Basement: Full,Partially Finished
- Has fireplace: Yes
- Fireplace features: Free Standing
Interior area
- Total structure area: 2,348
- Total interior livable area: 2,348 sqft
Property
Parking
- Total spaces: 5
- Details: 2 Spaces/Unit
Accessibility
- Accessibility features: Level Lot, Level Drive
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sprinkler System
- Fencing: Fenced
- Has view: Yes
- View description: Hills
Lot
- Size: 5,000 Square Feet
- Features: Level, Paved, Curbs, Gutters, Sidewalks, Street Light
Details
- Parcel number: R0056570
- Zoning: NCM
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: City of FTC
- Gas: XCEL
- Sewer: Public Sewer
- 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: $373/sqft
- Tax assessed value: $688,300
- Annual tax amount: $4,583
- Date on market: 5/18/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Tenant's personal property
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer
- Income includes: Lease/Rents, Laundry
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$849,600
$807,000 - $892,000
$1,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $875,000-2.7%$373/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1059407 Report a problem | ||
| 5/18/2026 | Listed for sale | $899,000+26.6%$383/sqft |
Source:  IRES as distributed by MLS GRID #1059407 Report a problem | ||
| 3/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/25/2023 | Listed for rent | $1,450-48.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2022 | Sold | $710,000-11.1%$302/sqft |
Source: Public Record Report a problem | ||
| 2/12/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/9/2022 | Listed for rent | $2,800+107.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/4/2021 | Listing removed | -- |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 11/10/2021 | Price change | $799,000-0.7%$340/sqft |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 10/20/2021 | Price change | $805,000-0.6%$343/sqft |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 10/11/2021 | Price change | $810,000-0.6%$345/sqft |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 10/5/2021 | Price change | $815,000-0.6%$347/sqft |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 9/27/2021 | Listed for sale | $820,000+11.6%$349/sqft |
Source: IRES as distributed by MLS GRID #944575 Report a problem | ||
| 4/15/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/8/2021 | Price change | $1,350-67.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/1/2021 | Price change | $4,200+223.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/10/2021 | Listed for rent | $1,300$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source:  IRES as distributed by MLS GRID Report a problem | ||
| 1/11/2021 | Listed for sale | $735,000-2%$313/sqft |
Source: C3 Real Estate Solutions, LLC #931170 Report a problem | ||
| 9/9/2020 | Listing removed | $750,000$319/sqft |
Source: C3 Real Estate Solutions, LLC #917999 Report a problem | ||
| 7/13/2020 | Listed for sale | $750,000+42.9%$319/sqft |
Source: C3 Real Estate Solutions, LLC #917999 Report a problem | ||
| 2/23/2020 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 1/9/2020 | Listed for rent | $1,300+8.3%$1/sqft |
Source: Owner Report a problem | ||
| 5/3/2019 | Listing removed | $1,200$1/sqft |
Source: Collin Rue- Shorewood Real Estate Report a problem | ||
| 3/20/2019 | Listed for rent | $1,200-53.8%$1/sqft |
Source: Collin Rue- Shorewood Real Estate Report a problem | ||
| 2/13/2017 | Listing removed | $2,600$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/20/2016 | Sold | $525,000+36.7%$224/sqft |
Source: IRES as distributed by MLS GRID #788502 Report a problem | ||
| 1/7/2014 | Sold | $384,000+44.9%$164/sqft |
Source: IRES as distributed by MLS GRID #724577 Report a problem | ||
| 7/23/2008 | Sold | $265,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,071 +33.9% | $46,116 -1% |
| 2023 | $3,042 -1% | $46,564 +44.6% |
| 2022 | $3,074 -25.6% | $32,213 -2.8% |
| 2021 | $4,133 -0.4% | $33,140 -25% |
| 2020 | $4,151 +21% | $44,173 -0.7% |
| 2019 | $3,429 | $44,482 +18.2% |
| 2018 | $3,429 | $37,627 |
| 2017 | $3,429 +0.3% | $37,627 +28.1% |
| 2016 | $3,418 +28.3% | $29,380 |
| 2015 | $2,663 +18.2% | $29,380 +19% |
| 2014 | $2,252 | $24,690 |
| 2013 | -- | $24,690 +6.9% |
| 2012 | -- | $23,100 |
| 2011 | -- | $23,100 -2.8% |
| 2010 | -- | $23,770 |
| 2009 | -- | $23,770 -1.9% |
| 2008 | -- | $24,240 |
| 2007 | -- | $24,240 +18.3% |
| 2006 | -- | $20,490 |
| 2005 | -- | $20,490 +16.6% |
| 2004 | -- | $17,570 +3.2% |
| 2002 | -- | $17,030 |
| 2001 | -- | $17,030 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: University Park
Nearby schools
GreatSchools rating
- 5/10Laurel Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Lesher Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Fort Collins High SchoolGrades: 9-12Distance: 3 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.
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A local lender can help you make sure your offer is ready when you are.
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