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Fort Collins, CO 80524 223 E Elizabeth St

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Presented By: ;
  • MLS# 1055289
  • 04/01/2026
  • Request Tour
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  • Beds • 7
  • Baths • 5
  • SQFT • 3,321

Home Details

Rare opportunity to own a well-maintained fourplex on a huge corner lot in the heart of Old Town Fort Collins-just a few blocks from vibrant restaurants, shops, and entertainment. With a strong history of zero vacancy, this property offers excellent potential for both investors and owner-occupants looking to offset their mortgage with rental income. The property features a versatile unit mix, with each unit offering unique character with original built-ins and historic charm, complemented by thoughtful updates throughout. Tenants enjoy shared laundry in the basement, large porches, and a secure, gated area for bicycle storage. The two-car garage with attic space provides excellent storage and or additional rental income. Ample street parking on Mathews. The large lot may hold addition value for a buyer. All units are currently leased, offering immediate income and a turnkey opportunity in one of Fort Collins' most desirable neighborhoods.
Presented By: ;

Interior Features for 223 E Elizabeth St

Other Interior Features

LivingAreaSourceAssessor
BasementNone
Fireplace FeaturesNone
Interior AmenitiesEat-in Kitchen, Separate Dining Room

General for 223 E Elizabeth St

AppliancesElectric Range, Refrigerator, Washer, Dryer, Fire Alarm
AttributionContact9092382299
Cap Rate4.62
CityFort Collins
Construction MaterialsFrame
CoolingWall/Window Unit(s)
CountyLarimer
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricCity of Fort Co
Elementary SchoolLaurel
Expected Active Date 2026-04-01
Gross Income81568.8
HOANo
HeatingHeat Pump
High SchoolFt Collins
High School DistrictPoudre
Lease Amount FrequencyYear Lease
LevelsTri-Level
MLS AreaFort Collins
Middle/Junior High SchoolLesher
Net Operating Income61169.58
New ConstructionNo
Number Of Units Total4
Operating Expense20399.22
Parcel NumberR0057991
Patio/Porch FeaturesPatio
Possible UseSingle Family, Multi-Family
Property SubtypeSingle Family Residence
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCrafts Resub
Tax Annual Amount6228.22
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Year Built1929
ZoningNCM

Exterior for 223 E Elizabeth St

Exterior AmenitiesSprinkler System
FencingFenced
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved, Curbs, Gutters, Sidewalks
Lot Size Acres0.16
Lot Size Area7000
Other Parking1 Space/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Laurel Elementary School
Middle School Lesher Middle School
High School Ft Collins High School

Nathan Washam

Broker/Owner
Price $1,325,000
MLS#1055289
List Date 04/01/2026
Property Type Income
Phone 970.988.8295
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Request Info
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