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.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: $35K (6/16)
$800,000
605 Mathews St, Fort Collins, CO 80524
4beds
3baths
1,373sqft
Multi Family
Built in 1884
-- sqft lot
$-- Zestimate®
$583/sqft
$-- HOA
What's special
Abundant natural lightSpacious layoutsQuiet established neighborhoodInviting living spaces
- 60 days |
- 492 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Trischa Christopher 970-686-6544,
Picket Fence Properties
Source: IRES as distributed by MLS GRID,MLS#: 1058301
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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: $583/sqft
- Tax assessed value: $768,700
- 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 |
|---|---|---|
| 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 |
|---|---|---|
| 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 | -- | $17,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 5/10Laurel Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Lesher Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Fort Collins High SchoolGrades: 9-12Distance: 3.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Larimer County
- Fort Collins
- 80524
- University Park
- 605 Mathews St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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