***Motivated Seller***Discover a fantastic investment or house-hacking opportunity in the heart of beautiful Fort Collins, Colorado! This well-maintained triplex offers the perfect blend of comfort, convenience, and income potential in one of Northern Colorado's most sought-after communities. The garage is metered separately for utilities, 600 sq ft,29 ft deep by 21ft, automatic doors, alley access. Each unit features spacious layouts, abundant natural light, and inviting living spaces designed for comfortable everyday living. Tenants will love the easy access to Old Town Fort Collins, Colorado State University, local breweries, parks, shopping, dining, and scenic outdoor recreation. Situated in a quiet, established neighborhood with strong rental demand, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. With Fort Collins' vibrant culture, thriving job market, and year-round outdoor lifestyle, this triplex is a rare opportunity you won't want to miss. Whether you're looking for steady cash flow, long-term appreciation, or a chance to live in one unit while renting the others, this Fort Collins gem checks all the boxes!
For sale
Price cut: $15K (8/21)
$785,000
605 Mathews St, Fort Collins, CO 80524
4beds
3baths
1,373sqft
Multi Family
Built in 1884
-- sqft lot
$-- Zestimate®
$572/sqft
$-- HOA
What's special
Alley accessAbundant natural lightSpacious layoutsQuiet established neighborhoodInviting living spaces
- 152 days
- 429
- 24
Zillow last checked:
Listing updated:
Listed by:
Trischa Christopher 970-686-6544,
Picket Fence Properties
Source: IRES as distributed by MLS GRID,MLS#: 1058301
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Electric Range, Refrigerator, Washer, Dryer
Features
- Eat-in Kitchen, Separate Dining Room, Open Floorplan
- Flooring: Wood
- Basement: Crawl Space
Interior area
- Total structure area: 1,373
- Total interior livable area: 1,373 sqft
Property
Parking
- Total spaces: 3
- Details: 1 Space/Unit
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 8,400 Square Feet
- Features: Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Details
- Parcel number: R0053724
- Zoning: NCM
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1884
Utilities & green energy
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Ftc
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $572/sqft
- Tax assessed value: $792,700
- Annual tax amount: $4,314
- Date on market: 5/6/2026
- Listing terms: Cash,Conventional
- Exclusions: Tenants Personal Property
- Tenant pays: Deposit, Gas, Electricity, Water, Trash Collection
- Income includes: Lease/Rents
- 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 |
|---|---|---|
| 8/21/2026 | Price change | $785,000-1.9%$572/sqft |
Source:  IRES as distributed by MLS GRID #1058301 Report a problem | ||
| 6/16/2026 | Price change | $800,000-4.2%$583/sqft |
Source: IRES as distributed by MLS GRID #1058301 Report a problem | ||
| 5/27/2026 | Price change | $835,000-4.6%$608/sqft |
Source: IRES as distributed by MLS GRID #1058301 Report a problem | ||
| 5/6/2026 | Listed for sale | $875,000$637/sqft |
Source: IRES as distributed by MLS GRID #1058301 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,314 +9.4% | $49,544 -3.8% |
| 2024 | $3,945 +2.3% | $51,503 -1% |
| 2023 | $3,855 -3.2% | $52,003 +27.4% |
| 2022 | $3,982 -0.7% | $40,827 -4.9% |
| 2021 | $4,011 -0.4% | $42,929 +0.1% |
| 2020 | $4,029 +73.7% | $42,871 -0.7% |
| 2019 | $2,319 | $43,171 +69.7% |
| 2018 | $2,319 | $25,445 |
| 2017 | $2,319 +0.3% | $25,445 +39% |
| 2016 | $2,311 +39.3% | $18,300 |
| 2015 | $1,659 +1.9% | $18,300 +2.6% |
| 2014 | $1,627 | $17,840 |
| 2013 | -- | $17,840 +18.3% |
| 2012 | -- | $15,080 |
| 2011 | -- | $15,080 -31.8% |
| 2010 | -- | $22,110 |
| 2009 | -- | $22,110 +15.4% |
| 2008 | -- | $19,160 |
| 2007 | -- | $19,160 -5.8% |
| 2006 | -- | $20,330 |
| 2005 | -- | $20,330 +15.6% |
| 2004 | -- | $17,590 +3.5% |
| 2002 | -- | $17,000 |
| 2001 | -- | $17,000 |
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: University Park
Nearby schools
Schools provided by the listing agent
- Elementary: Laurel
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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