$617,500
$599,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
505 Locust Fort Collins, CO 80524
4 Beds
2 Baths
1,872 SqFt
Key Details
Sold Price $617,500
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,872 sqft
Subdivision Ftc
MLS Listing ID IRE1065156
Sold Date 09/01/26
Bedrooms 4
Full Baths 1
Three Quarter Bath 1
HOA Y/N No
Year Built 1930
Annual Tax Amount $3,453
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Mixed Use
Source ires
Property Description
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.
Location
State CO
County Larimer
Community Ftc
Area Fort Collins
Zoning NCM
Direction From I-25, take Exit 269B toward Fort Collins and head west on E Mulberry Street. Turn left onto S Lemay Avenue, then turn right onto E Elizabeth Street, then turn right onto Smith Street, Left on Locust Street and the Property is on your left.
Rooms
Basement Partially Finished
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplaces Type Free Standing
Appliance Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Exterior
Parking Features Detached
Garage Spaces 1.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available
View Y/N No
Roof Type Composition
Improvements No
Garage Yes
Building
Lot Description Paved, Curbs, Gutters, Sidewalks, Alley
Sewer Public Sewer
Water City
Level or Stories One
Structure Type Brick
New Construction false
Schools
Elementary Schools Laurel
Middle Schools Lesher
High Schools Poudre
School District Poudre
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Private Owner
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