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  • $599,000

    505 Locust St, Fort Collins, CO 80524

    4beds
    1,872sqft
    : 
    $3,647/mo
    Get pre-qualified
    Mixed Use
    Built in 1930
    4,794 Square Feet Lot
    $602,000 Zestimate®
    $320/sqft
    $-- HOA

    What's special

    Built in 1930, this legal over under duplex offers incredible flexibility as a single family home or income producing investment. Over $100,000 has been invested since 2023, including major electrical, plumbing, and HVAC upgrades. Located minutes from Colorado State University, Downtown Fort Collins, parks, and schools. Previously operated as a professionally managed furnished midterm rental with financials available upon request. Live in one unit and rent the other, lease both long term, or continue as a furnished rental. The choice is yours. This rare property combines historic charm, modern improvements, and outstanding investment potential in one of Fort Collins' most desirable locations. Showings begin July 31 at 4:00 PM. Furnishings available with sale of property.
    28 days
    |
    1,369
    |
    91
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Soukup 970-893-3533,

    eXp Realty - Northern CO

    Source: IRES as distributed by MLS GRID,MLS#: 1065156MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Description: Wood
      • Level: Main
      • Area: 1 Square Feet
      • Dimensions: 1 x 1
      Kitchen
      • Description: Wood
      • Level: Main
      • Area: 1 Square Feet
      • Dimensions: 1 x 1
      Heating
      • Hot Water
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
      Features
      • Windows: Window Coverings
      • Basement: Partially Finished
      • Has fireplace: Yes
      • Fireplace features: Free Standing
      Interior area
      • Total structure area: 936
      • Total interior livable area: 1,872 sqft
      • Finished area above ground: 936

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      • Details: Detached
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Fenced
      Lot
      • Size: 4,794 Square Feet
      • Features: Paved, Curbs, Gutters, Sidewalks, Alley
      Details
      • Additional structures: Storage
      • Parcel number: R0056847
      • Zoning: NCM
      • Special conditions: Private Owner

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Materials
      • Brick
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Electric: City of Ft Coll
      • 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: $320/sqft
      • Tax assessed value: $554,400
      • Annual tax amount: $3,453
      • Date on market: 7/27/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $602,000

        $572,000 - $632,000

        $3,116/mo

        Price history

        DateEventPrice
        8/2/2026Contingent$599,000$320/sqft
        Source: eXp Realty #IR1065156 Report a problem
        8/2/2026Pending sale$599,000$320/sqft
        Source: REcolorado as distributed by MLS GRID #IR1065156 Report a problem
        7/31/2026Listed for sale$599,000+24%$320/sqft
        Source: IRES as distributed by MLS GRID #1065156 Report a problem
        6/26/2026Listing removed$4,100$2/sqft
        Source: Zillow Rentals Report a problem
        4/17/2026Listed for rent$4,100+43.9%$2/sqft
        Source: Zillow Rentals Report a problem
        2/23/2026Listing removed$2,850$2/sqft
        Source: Zillow Rentals Report a problem
        2/3/2026Price change$2,850+1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        12/17/2025Listed for rent$2,800-1.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/17/2025Listing removed$2,850$2/sqft
        Source: Zillow Rentals Report a problem
        11/25/2025Price change$2,850+1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        5/26/2025Price change$2,800-39.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/29/2025Price change$4,600+31.4%$2/sqft
        Source: Zillow Rentals Report a problem
        3/25/2025Price change$3,500+52.2%$2/sqft
        Source: Zillow Rentals Report a problem
        3/11/2025Price change$2,300-8%$1/sqft
        Source: Zillow Rentals Report a problem
        3/10/2025Price change$2,500+13.6%$1/sqft
        Source: Zillow Rentals Report a problem
        2/22/2025Price change$2,200-37.1%$1/sqft
        Source: Zillow Rentals Report a problem
        2/11/2025Price change$3,500+59.1%$2/sqft
        Source: Zillow Rentals Report a problem
        1/13/2025Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        1/10/2025Listing removed$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        1/8/2025Listed for rent$2,200+4.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/4/2024Listing removed$2,100$1/sqft
        Source: Zillow Rentals Report a problem
        12/3/2024Price change$2,100+5%$1/sqft
        Source: Zillow Rentals Report a problem
        11/21/2024Price change$2,000+2.6%$1/sqft
        Source: Zillow Rentals Report a problem
        11/10/2024Price change$1,950-2.5%$1/sqft
        Source: Zillow Rentals Report a problem
        11/8/2024Listed for rent$2,000$1/sqft
        Source: Zillow Rentals Report a problem
        11/17/2023Sold$483,000$258/sqft
        Source: REcolorado as distributed by MLS GRID #IR996205 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,453 -3%$34,650 -15%
        2024$3,558 +40.2%$40,770 -1%
        2023$2,537 -1%$41,166 +53.2%
        2022$2,564 -27.4%$26,869 -2.8%
        2021$3,530 -0.4%$27,642 -26.7%
        2020$3,545 +19.4%$37,723 -0.7%
        2019$2,969 $37,987 +16.6%
        2018$2,969 $32,580
        2017$2,969 +0.3%$32,580 +52.7%
        2016$2,959 +53%$21,333 -18.3%
        2015$1,933 +32.3%$26,110 +63%
        2014$1,461 $16,020
        2013-- $16,020 -4.2%
        2012-- $16,720
        2011-- $16,720 +3%
        2010-- $16,230
        2009-- $16,230
        2008-- $16,230
        2007-- $16,230 +4%
        2006-- $15,610 -7.2%
        2005-- $16,820 +28.1%
        2004-- $13,130 -9.9%
        2002-- $14,580
        2001-- $14,580
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: University Park

        Getting around

        63 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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