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Fort Collins, CO 80521 516 S Meldrum St

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Presented By: ;
  • MLS# 1055279
  • 03/31/2026
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  • Beds • 4
  • Baths • 5
  • SQFT • 4,536

Home Details

Ideally located just two blocks from Colorado State University and three blocks from Old Town Fort Collins, this charming multifamily property benefits from exceptional walkability and consistent rental demand. This building offers five one-bedroom apartments with spacious layouts, along with one studio, and includes both interior and exterior entrances for added convenience and privacy. Tenants enjoy on-site laundry and ample off-street parking available with easy alley access - an added bonus in this highly desirable location. The large lot may hold additional value for a buyer. A well-positioned investment opportunity in the heart of Fort Collins.
Presented By: ;

Interior Features for 516 S Meldrum St

Other Interior Features

LivingAreaSourceAssessor
BasementFull, Partially Finished

General for 516 S Meldrum St

AppliancesElectric Range, Gas Range, Refrigerator, Washer, Dryer, Fire Alarm
AttributionContact9092382299
Cap Rate5.6
CityFort Collins
Construction MaterialsFrame
CountyLarimer
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricCity of Fort Co
Elementary SchoolDunn
ExclusionsTenant and Seller personal property
Expected Active Date 2026-04-01
Gross Income98100
HOANo
HeatingHot Water
High SchoolPoudre
High School DistrictPoudre
Lease Amount FrequencyYear Lease
LevelsTwo
MLS AreaFort Collins
Middle/Junior High SchoolLincoln
Net Operating Income75564.2
New ConstructionNo
Number Of Units Total6
Operating Expense22535.8
Parcel NumberR0066974
Patio/Porch FeaturesDeck
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFtc
Tax Annual Amount7006.8
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Year Built1901
ZoningNCB

Exterior for 516 S Meldrum St

FencingPartial
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Paved, Curbs, Gutters, Sidewalks, Alley
Lot Size Acres0.16
Lot Size Area7078
Other Parking1 Space/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Dunn Elementary School
High School Poudre High School
Middle School Lincoln Middle School

Nathan Washam

Broker/Owner
Price $1,350,000
MLS#1055279
List Date 03/31/2026
Property Type Income
Phone 970.988.8295
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