Fort Collins Duplex Near
For Sale
$635,000
507 S Loomis, Fort Collins, CO 80521
Two-unit bungalow near Colorado State University, good rental history.
Days on Market101
Property Features for 507 S Loomis
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1921
Listing Agency:
(970) 988-2059
Listed By:
Micky Ashby
(970) 988-2059
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 8:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Micky Ashby
Investment Insights
Based on property information with market context.
This two-unit bungalow, constructed in 1921, is situated in the Old Town area of Fort Collins, just two blocks from the Colorado State University campus. The property has been under the same family ownership since 1965 and has operated as rental units for over 15 years. The units have a history of good rental performance, with tenants covering their electric, internet, and cable expenses, while the owner pays for all other utilities. The upstairs unit features original wood floors that were refinished in 2019, along with a kitchen area that includes ceramic tile and original wood cabinets. The master bedroom in the upstairs unit is equipped with a large built-in closet and drawers. In 2023, the downstairs unit received new LVP flooring. A local property management company currently handles the property's management and maintenance. The property's bike score is 81, indicating it is very bikeable. The walk score is 54, which means it is somewhat walkable, and the transit score is 36, indicating some transit options are available.
Key Highlights
- Prime location: Just 2 blocks from Colorado State University campus in Old Town Fort Collins.
- Two‑unit property offers income potential with good rental history.
- Original refinished hardwood floors upstairs (2019) and new LVP flooring downstairs (2023).**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 80521, CO
37,451
Population
15,121
Households
2.5
Avg Household Size
26
Median Age
63%
College-Educated
98%
High-School Grad
14.0 sq mi
ZIP Area
2,675
Density / Sq Mi
$52,679
Median Household Income
$15,918
Median Earnings
$1,412
Median Rent
$541,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit bungalow near Colorado State University, good rental history.
Where is this duplex located?
The property is located at 507 S Loomis Fort Collins, CO.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Prime location: Just 2 blocks from Colorado State University campus in Old Town Fort Collins.; Two‑unit property offers income potential with good rental history.; Original refinished hardwood floors upstairs (2019) and new LVP flooring downstairs (2023).**
