1305 Cypress Drive Fort Collins, CO $ 695,000
1305 Cypress Drive
$ 695,000
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1305 Cypress Drive

Fort Collins, CO, 80521
$ 695,000
Baths0.0 Sq 1,832

Monthly Estimate*

$ 4,279

Listed by Resident Realty
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Studio

Multi-Family Home for sale in Fort Collins, CO

for $695,000. This 1,832 square foot home was built in 1970 on a lot size of 0.18.

Exceptional Investment Opportunity. Welcome to 1305-1307 Cypress Dr, a well-maintained and updated duplex in the heart of Fort Collins. This turnkey property is ideal for investors or owner-occupants looking to live in one unit and rent the other. Each side of the duplex features 2 spacious bedrooms, 1 full bathroom, a bright living area, and a functional kitchen with ample storage. Generous fenced backyard space for each unit-great for pets, gardening, or entertaining. Dedicated off-street parking and attached one car garages for both units. The units are mirror images, providing easy upkeep and consistent rental potential. New windows in both units in 2023! New insulation in the attic and crawlspace in 2023 in both units. New mini-split heating & cooling system installed in 2023 in 1307. New roof installed in 2020. Located just minutes from CSU, local parks, shopping, and Old Town Fort Collins, this duplex combines convenience with long-term value. Both units tenant occupied. No HOA.

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Multi-Family Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,379

Style

Lot Size

0.18

Year Built

1970

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1050641

Features
General
Heating Hot Water
Cooling Ceiling Fan(s)
Utilities Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Dryer Microwave Oven Refrigerator Washer
Zoning RL
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1970
Tenant Pays Electricity Gas Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Individual
Gross Income 3725
County Larimer
Net Operating Income 41321
Operating Expense 3379
Property Type Residential Income
HOA N
Subdivision Name Elliott Miller
Possible Use Multi-Family
Status Active
High School Rocky Mountain
City Fort Collins
High School District Poudre R-1
Number Of Units Total 2
Lot Size Square Feet 7761
Listing Terms Cash Conventional FHA
Elementary School Bauder
Tax Annual Amount 3379
Middle/Junior High School Blevins
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 5.94
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Interior
Basement Crawl Space
Basement (Y/N) N
Window Features Double Pane Windows
Main Level Bedrooms 0
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Exterior
Fencing Fenced
Water Source Public
Total Parking 4
Building Area Total 1832
Lot Size Acres 0.18
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 1305
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* Excluded Features
List By
Resident Realty

Broker

(970) 689-8143

Phone

Affordability Calculator

$4,561
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043196 Elementary School
3043885 Middle School
Rocky Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$695,000 Listed Price

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1305 Cypress Drive, Fort Collins, CO, 80521 is a Multi-Family Home for sale at $695,000 with 1,832 sqft and a lot size of 0.18. 1305 Cypress Drive is a studio with 0.0 baths and was built in 1970. The property's zip code is 80521 which is in Fort Collins, CO