Prime investment opportunity with this rare 4-plex ideally located just one block from the CSU Oval and two blocks from Old Town. Each unit is well-maintained, offering strong appeal to tenants. Property features convenient off-street parking for every unit and a proven track record of consistent rental income. Whether you're looking to expand your portfolio or occupy one unit while generating income from the others, this property offers exceptional long-term potential in an unbeatable location.
Great investment opportunity for a rare 4-plex unit 1 block from the CSU oval and 2 blocks to Old Town! Units are clean and in great condition. Off-street parking is available with each unit. Easily rented each year for top dollar. Pre-leased for 2017-18 school year! Can be bought together with 215 W. Myrtle for $1,250,00.
IRES as Distributed by MLS Grid #691890
Oct 1, 2012
Sold
$420,000
$140/sq ft
Sep 24, 2012
Listed
$435,000
$145/sq ft
Public Remarks
Great location close to CSU.
IRES as Distributed by MLS Grid #233251
Aug 10, 2000
Sold
$340,000
$113/sq ft
Jun 28, 2000
Listed
$340,000
$113/sq ft
Public Records
Jun 1, 1991
Sold
$35,600
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,851 (+2.0%)
$12,500 + $56,250
$68,750
2024
$6,718 (+5.1%)
$12,500 + $56,250
$68,750
2023
$6,392 (+13.1%)
$13,400 + $60,300
$73,700
2022
$5,650 (−3.2%)
$13,400 + $60,300
$73,700
2021
$5,836 (+3.9%)
$8,160 + $51,680
$59,840
2020
$5,619 (−0.4%)
$8,580 + $54,340
$62,920
2019
$5,644 (+46.3%)
$8,580 + $51,480
$60,060
2018
$3,858 (+0.3%)
$8,580 + $51,480
$60,060
2017
$3,845 (+5.8%)
$5,184 + $37,152
$42,336
2016
$3,633 (+19.2%)
$5,184 + $37,152
$42,336
2014
$3,049 (−0.1%)
$5,730 + $27,700
$33,430
2013
$3,052 (−12.9%)
$5,730 + $27,700
$33,430
2012
$3,506 (+2.8%)
$5,730 + $31,840
$37,570
2011
$3,411 (+1.3%)
$5,730 + $31,840
$37,570
2010
$3,367 (+3.6%)
$5,730 + $31,840
$37,570
2009
$3,251
$5,730 + $31,840
$37,570
Public record
Public record
Zoning
Permits
Beds
8
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
3,156 Sq. Ft.
Year renovated
1999
Sq. Ft.
3,000
Year built
1999
Style
Multi-Family (2-4 Unit)
County
Larimer County
APN
R0068012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 18, 2026.
D
Downtown District
The Downtown District is intended to provide a concentration of retail, civic, employment and cultural uses in addition to complementary uses such as hotels, entertainment, and housing, located along the backdrop of the Poudre River Corridor. It is divided into 9 subdistricts as depicted on Figure 18. The development standards for the Downtown District are intended to encourage a mix of activity in the area while providing for high quality development that maintains a sense of history, human scale, and pedestrian-oriented character.
Apr 21, 2021 • Final
Residential plumbing
Replace a sewer line.
Plumbing
Jan 28, 2019 • Final
Residential roofing
Tear off existing roofing, install new decking, and re-roof a two-story residential building with asphalt shingles. Install an ice and water shield according to manufacturer high wind specifications.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Other Parking: 1 Space/Unit
Interior
Virtual Tour
Fireplace Information
Fireplace Features: None
Heating & Cooling
Heating Information: Baseboard
Cooling Information: Wall/Window Unit(s)
Interior Features
Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Multi-Family Financial Information
Income Includes: Lease/Rents
Net Operating Income: $65,870
Gross Income: $82,080
Multi-Unit Information
# of Units (Total): 4
Unit Type 1 Information
# of Units: 4
# of Bathrooms: 2
# of Bedrooms: 2
Exterior
Building Information
Construction Materials: Frame
Roof: Composition
Property Information
Levels: Two
Has Improvements: No
New Construction Status: Not New, Previously Owned
Property Type: Residential Income
Property Sub Type: Multi Family
Zoning: CC
Land Information
Possible Use: Multi-Family
Lot Information
Flood Plain: Minimal Flood or C Rating
Lot Features: Paved, Curbs, Sidewalks, Alley, Fire Hydrant within 500 Feet