Public Remarks: Fully leased as of 8/1/03 $36,660 annual gross rents. Charming one bedroom apartments each with bath, living area/kitchen and inside & outside entrances. Ample parking in rear with alley access. 3 blocks to Old Town, 2 blocks to CSU. New exterior paint. Laundry for tenants in basement. Architectural drawings for conversion to office building available. Must have appointment to show leased units 3-5 pm Mon - Sat.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
7,078 Sq. Ft.
Year renovated
1927
Sq. Ft.
3,789
Year built
1901
Style
Multi-Family (5+ Unit)
County
Larimer County
APN
R0066974
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 21, 2026.
OT-C
Old Town District, High
The Old Town District, High (OT-C) subdistrict is intended for areas that are a transition between Downtown, the CSU campus, and adjacent neighborhoods. Intensive commercial-use areas or high traffic zones have been given this designation in accordance with an adopted subarea plan.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Mixed use
Educational/school
Death related/funeral home
Oct 3, 2025 • Final
Residential water heater
Remove and replace two water heaters.
Plumbing
Water heater
Nov 21, 2023 • Final
Residential mechanical
Install a wall heater with a fan option. Connect the unit to the existing vent, gas, and electrical systems.
HVAC
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 Features
Other Parking: Parking Per Unit(1 Space/Unit)
Parking Features: Alley Access
Interior
Bedroom Information
Bedrooms Total: 15
Heating & Cooling
Heating: Yes
Hot Water
Interior Features
Some Appliances
Room Information
Basement: Full
Multi-Unit Information
Number of Units Total: 5
Multi-Family Financial Information
Cap Rate: 6.55
Net Operating Income: 26165
Tenant Pays: Electricity
Exterior
Exterior Features
Fencing: Partial
Roof: Composition
Lot Information
Horse(s): No
Lot Features: Level
Road Frontage Type: City Street
Zoning: NCB
Property Information
Property Attached: Yes
Property Type: Residential Income
Property Sub Type: Attached Dwelling
Waterfront: No
Subdivision Information
Subdivision Name: Harrison
MLS Area Major: Fort Collins
Building Information
Construction Materials: Wood/Frame
Financial
Tax Information
Parcel Number: 97141070140066974
Tax Annual Amount: 2403
Tax Year: 2002
Lease Information
Gross Income: 36660
Gross Scheduled Income: 36660
Income Includes: Lease/Rents
Operating Expense: 10495
Financial Information
Listing Terms: Cash, Conventional
Utilities
Utility Information
Utilities: Natural Gas Available
Gas: Natural Gas,Xcel
Sewer: City Sewer
Location
HOA Information
Association: No
Association Fee: 0
School Information
High School District: Poudre
Elementary School: DUNN
Middle or Junior School: LINCOLN
High School: POUDRE
Location Information
Directions: College Ave to W. Mulberry. Turn South on Meldrum
Unparsed Address: 516 S Meldrum Fort Collins CO 80521
Street Number: 516
Street Dir Prefix: S
Street Name: Meldrum
City: Fort Collins
State or Province: CO
County or Parish: Larimer
Country: US
Postal Code: 80521
Coordinates: -105.082062,40.580977
Latitude: 40.580977
Longitude: -105.082062
Public facts
Beds: 5
Baths: 5.0
Sq. Ft.: 3,789
Stories: 2.0
Lot Size: 7,078 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1901
Year Renovated: 1927
County: Larimer County
APN: R0066974
Home facts updated by county records on Oct 21, 2026
Other
Documents & Disclosures
Documents Available: Leases Available,Operating Data Available
Documents Count: 2
Listing Information
Attribution Contact: 9704848723
Close Price: $362,500
Photos Count: 1
Possible Use: Multi-Family, Commercial or Industrial
Special Listing Conditions: Private Owner
Standard Status: Closed
Listing Date Information
Close Date: Friday, November 14, 2003
Cumulative Days on Market: 170
Days on Market: 170
Listing Contract Date: Thursday, May 29, 2003
Modification Timestamp: Monday, July 22, 2024 12:06 AM
Home Information
Levels: Two
Year Built: 1901
Around this home
Schools
K - 12
Preschool & daycare
Dunn Elementary School
Public K-5 • Assigned • 0.5mi
8/10
Lincoln Middle School
Public 6-8 • Assigned • 1.8mi
5/10
Poudre High School
Public 9-12 • Assigned • 2.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Fort Collins, CO • 80521
Average low and high temperatures (°F)
43
17
51
22
63
35
63
36
70
44
82
54
90
60
84
57
77
50
65
39
54
29
52
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fort Collins. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.