223 E Elizabeth Street Fort Collins, CO $ 1,325,000
223 E Elizabeth Street
$ 1,325,000
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223 E Elizabeth Street

Fort Collins, CO, 80524
$ 1,325,000
Baths0.0 Sq 3,321

Monthly Estimate*

$ 8,158

Listed by Helix Properties, LLC
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Studio

Multi-Family Home for sale in Fort Collins, CO

for $1,325,000. This 3,321 square foot home was built in 1929 on a lot size of 0.16.

Rare opportunity to own a well-maintained fourplex on a huge corner lot in the heart of Old Town Fort Collins-just a few blocks from vibrant restaurants, shops, and entertainment. With a strong history of zero vacancy, this property offers excellent potential for both investors and owner-occupants looking to offset their mortgage with rental income. The property features a versatile unit mix, with each unit offering unique character with original built-ins and historic charm, complemented by thoughtful updates throughout. Tenants enjoy shared laundry in the basement, large porches, and a secure, gated area for bicycle storage. The two-car garage with attic space provides excellent storage and or additional rental income. Ample street parking on Mathews. The large lot may hold addition value for a buyer. All units are currently leased, offering immediate income and a turnkey opportunity in one of Fort Collins' most desirable neighborhoods.

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Multi-Family Active

Price

$ 1,325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,228

Style

Lot Size

0.16

Year Built

1929

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1055289

Features
Interior
Interior Amenities Eat-in Kitchen
Basement None
Total Fireplaces 0
Basement (Y/N) N
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Heat Pump
Cooling Air Conditioning-Room
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dryer Oven Refrigerator Washer
Zoning NCM
Patio/Porch Features Patio
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 1929
Tenant Pays Electricity Gas Trash Collection Water
Levels Tri-Level
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 6760
County Larimer
Net Operating Income 61169.58
Operating Expense 20399.22
Property Type Residential Income
HOA N
Subdivision Name Crafts Resub
Possible Use Multi-Family Residential
Status Active
High School Fort Collins
City Fort Collins
High School District Poudre R-1
Number Of Units Total 4
Lot Size Square Feet 7000
Listing Terms 1031 Exchange Cash Conventional FHA
Elementary School Laurel
Tax Annual Amount 6228.22
Middle/Junior High School Lesher
Concessions No
Virtual Tour https://drive.google.com/file/d/1tsJxvVeYkcyhcUpr8ygjiNhd3TXqFJsx/view?usp=sharing
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 4.62
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Exterior
Lot Features Corner Lot Sprinklers In Front
Water Source Public
Building Area Total 3321
Lot Size Acres 0.16
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 223
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* Excluded Features
List By
Helix Properties, Llc

Broker

(909) 238-2299

Phone

Affordability Calculator

$8,677
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,158
Monthly Property Taxes
$519
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
3043671 Elementary School
3043408 Middle School
Fort Collins High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,325,000 Listed Price

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223 E Elizabeth Street, Fort Collins, CO, 80524 is a Multi-Family Home for sale at $1,325,000 with 3,321 sqft and a lot size of 0.16. 223 E Elizabeth Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 80524 which is in Fort Collins, CO