Discover a rare opportunity to own a designated City Historic Landmark located on a prime corner lot in Historic Downtown Fort Collins. This fully renovated property features 3 beautifully updated units, seamlessly blending timeless architectural character with modern functionality-perfect for both long-term investment or owner-occupied flexibility. Positioned just steps from Old Town Square, Colorado State University, parks, local restaurants, and boutiques, this property sits at the center of one of Fort Collins' most vibrant, walkable neighborhoods. Property Highlights: Fully Renovated Interiors: Each unit features stylish updates including hardwood flooring, contemporary finishes, and thoughtful layouts. Strong Income Potential: Currently generating $7,000/month in gross rental income. The basement unit was formerly a licensed short-term rental-financials available upon request. Flexible Use: Easily convertible to a spacious single-family home by removing one wall-ideal for future customization. Premium Location: Walkable to CSU, downtown shopping, dining, parks, and entertainment. Convenient access to public transit and extensive bike routes. Landscaped Corner Lot: Enhances privacy and adds charm to this unique property. Whether you're looking to invest in a high-demand rental property or live in a landmark piece of Fort Collins history, this one-of-a-kind residence offers timeless appeal with modern returns.
For sale
Price cut: $76K (6/12)
$1,399,000
701 Mathews St, Fort Collins, CO 80524
6beds
3,479sqft
Est.:
Residential-Detached, Residential
Built in 1923
7,000 Square Feet Lot
$-- Zestimate®
$402/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 340 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 04:48pm
Listed by:
Grant Duffy 970-690-8079,
Realty One Group Fourpoints CO
Source: IRES,MLS#: 1035518

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Area: 117
- Dimensions: 13 x 9
Kitchen
- Area: 144
- Dimensions: 12 x 12
Heating
- Forced Air
Appliances
- Included: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Features
- Windows: Window Coverings
- Basement: Full
Interior area
- Total structure area: 3,479
- Total interior livable area: 3,479 sqft
- Finished area above ground: 2,159
- Finished area below ground: 1,320
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Garage Type: Detached
Features
- Levels: Tri-Level
- Stories: 3
Lot
- Size: 7,000 Square Feet
Details
- Parcel number: R0055492
- Zoning: NCM
- Special conditions: Licensed Owner
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential-Detached, Residential
Materials
- Brick
- Roof: Wood
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Electric
- Gas: Natural Gas
- Water: City Water, City of FTC
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Ftc
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $206,100
- Annual tax amount: $5,436
- Date on market: 5/31/2025
- Electric utility on property: Yes
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