449 E Drake Road Fort Collins, CO $ 585,000
449 E Drake Road
$ 585,000
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449 E Drake Road

Fort Collins, CO, 80525
$ 585,000
Baths0.0 Sq 1,616

Monthly Estimate*

$ 3,694

Listed by Harmony Brokers
449 E Drake Road, Fort Collins, CO 80525 - Image 1
449 E Drake Road, Fort Collins, CO 80525 - Image 2
449 E Drake Road, Fort Collins, CO 80525 - Image 3
449 E Drake Road, Fort Collins, CO 80525 - Image 4
449 E Drake Road, Fort Collins, CO 80525 - Image 5
449 E Drake Road, Fort Collins, CO 80525 - Image 6
449 E Drake Road, Fort Collins, CO 80525 - Image 7
449 E Drake Road, Fort Collins, CO 80525 - Image 8
449 E Drake Road, Fort Collins, CO 80525 - Image 9
Studio

Multi-Family Home for sale in Fort Collins, CO

for $585,000. This 1,616 square foot home was built in 1967 on a lot size of 0.17.

Back on the market!! Lender dropped the ball!! Your gain! Great Investment opportunity! As IS and ready to go!! Rare find with this mid town duplex with no HOA! Each unit consists of two bedrooms, 1bath, 1 car attached garage, and separate patios. Call for your showing today!

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Multi-Family Active

Price

$ 585,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,522

Style

Lot Size

0.17

Year Built

1967

Town/City

Fort Collins

County/Region

Larimer

MLS | Web ID

IR1056347

Features
Interior
Interior Amenities Eat-in Kitchen Open Floorplan
Basement None
Basement (Y/N) N
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Oven Refrigerator
Zoning MMN
Patio/Porch Features Patio
Construction Materials Brick Frame
Year Built 1967
Tenant Pays Electricity Gas Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 3500
County Larimer
Net Operating Income 38478
Operating Expense 3522
Property Type Residential Income
HOA N
Subdivision Name Fahrenbruch Leisure Village
Possible Use Multi-Family Residential
Status Active
High School Fort Collins
City Fort Collins
High School District Poudre R-1
Number Of Units Total 2
Lot Size Square Feet 7437
Listing Terms Cash Conventional FHA
Elementary School O'Dea
Tax Annual Amount 3522
Middle/Junior High School Boltz
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Poudre R-1
Cap Rate 6.57
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Exterior
Water Source Public
Building Area Total 1616
Lot Size Acres 0.17
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 449
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* Excluded Features
List By
Harmony Brokers

Broker

(970) 430-9067

Phone

Affordability Calculator

$3,987
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$294
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3626791 Elementary School
3043405 Middle School
Fort Collins High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$585,000 -7.13% Price Down
4/13/2026$629,900 Listed Price

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449 E Drake Road, Fort Collins, CO, 80525 is a Multi-Family Home for sale at $585,000 with 1,616 sqft and a lot size of 0.17. 449 E Drake Road is a studio with 0.0 baths and was built in 1967. The property's zip code is 80525 which is in Fort Collins, CO