Investor Opportunity - Prime Downtown TriplexIf you're an investor seeking the ideal location for an income-producing property, look no further. This well-maintained triplex offers excellent rental income and sits on a desirable corner lot, providing the potential to easily add an ADU for additional revenue plans to be confirmed with city of Fort Collins. situated in an ideal downtown location, the property is within walking distance of numerous amenities, shops, and restaurants. It also offers great flexibility-convert it back into a single-family residence and enjoy a pristine downtown address while maintaining income from the lower units. This is a rare opportunity to own a versatile, income-generating property in a highly sought-after area. Please allow 24 hours notice for current tenants.
For sale
Price cut: $40K (12/4)
$895,000
530 Mathews St, Fort Collins, CO 80524
3beds
3baths
2,246sqft
Est.:
Multi Family
Built in 1904
-- sqft lot
$615,000 Zestimate®
$398/sqft
$-- HOA
What's special
Corner lotDesirable corner lot
- 41 days |
- 660 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 06:21am
Listed by:
Felicia DiGiallonardo 970-644-5002,
HomeSmart Realty Partners FTC
Source: IRES,MLS#: 1046559
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air, Gravity, Radiator
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range/Oven, Self Cleaning Oven, Refrigerator, Washer, Dryer, All Appliances
Features
- Cathedral/Vaulted Ceilings
- Flooring: Wood, Wood Floors
- Windows: Window Coverings, Bay Window(s), Bay or Bow Window
- Basement: Partially Finished
Interior area
- Total structure area: 2,246
- Total interior livable area: 2,246 sqft
Property
Features
- Stories: 1
- Exterior features: Lighting
- Has view: Yes
- View description: City
Lot
- Size: 5,890 Square Feet
- Features: Curbs, Gutters, Sidewalks, Mineral Rights Excluded, Level
Details
- Parcel number: R0052833
- Zoning: NCM
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame, Brick, Stucco
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: Electric, Separate Meter Electricity
- Gas: Natural Gas
- Water: City Water, City of Fort Collins
- Utilities for property: Natural Gas Available, Electricity Available, Other, Cable Available
Community & HOA
Community
- Subdivision: Ftc
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $653,600
- Annual tax amount: $3,848
- Date on market: 10/30/2025
- Cumulative days on market: 43 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3940
- Tenant pays: Deposit
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
$615,000
$523,000 - $720,000
$1,429/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $895,000-4.3%$398/sqft |
Source: | ||
| 10/30/2025 | Listed for sale | $935,000+265.8%$416/sqft |
Source: | ||
| 7/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/12/2023 | Price change | $1,350-11.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/5/2023 | Listed for rent | $1,525+60.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,661 +3.4% | $43,791 -1% |
| 2023 | $3,540 -3.2% | $44,217 +17.9% |
| 2022 | $3,656 +2.2% | $37,488 -4.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,929/mo
Principal & interest
$4258
Property taxes
$358
Home insurance
$313
Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 5/10Laurel Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Lesher Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Fort Collins High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Laurel
- Middle: Lesher
- High: Ft Collins
Source: IRES. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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