Four-Unit Dutch Colonial
For Sale
$1,000,000
202 Peterson St, Fort Collins, CO 80524
Four separately entered apartments each provide one bedroom, one bathroom, and a kitchen.
Property Size2,326 SF
Price / SF$429.92
Days on Market13
Property Features for 202 Peterson St
General Information
Standard status
Active
Size
2,326 SF
Property subtype
Residential Income
Zoning
NCM/OT-B
Occupancy
100%
Site & Location
Neighborhood
Old Town Neighbors
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,405
Amenities
Window Coverings
Assessor
Outside Entry
Partial
Corner Lot,Evergreen Trees,Level,Historic District,City Limits
Public
9500
0.22
No
Sprinkler System
Building Details
Year Built
1892
Buildings
1
Construction
Dutch Colonial Revival
Listing Agency:
(970) 594-9228
Listed By:
Juliane Mosebar
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 31 at 5:11AM
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 Juliane Mosebar
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Investment Insights
Based on property information with market context.
This 2,326-square-foot quadplex is a 1.5-story Dutch Colonial Revival building constructed in 1892. It contains four one-bedroom, one-bathroom units, each with a kitchen and a separate entrance. The property occupies a 0.22-acre double lot and is zoned NCM/OT-B.
The building is in Fort Collins’ Historic Old Town district, across the street from the Library and Library Park. Old Town amenities are a few blocks away, and Colorado State University is one mile from the property.
The building is in Fort Collins’ Historic Old Town district, across the street from the Library and Library Park. Old Town amenities are a few blocks away, and Colorado State University is one mile from the property.
Key Highlights
- Four apartments, each with one bedroom, one bathroom, a kitchen, and a separate entrance
- 2,326 square feet in a 1.5‑story Dutch Colonial Revival building
- 0.22‑acre double lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,118
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,360
$622.4K
Cap Rate 7%
$444,543
$444.5K
Cap Rate 9%
$345,756
$345.8K
Market Conditions
NOI Build-Up for 2,326 SF
Gross rent
$46.9K $20.16/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$44.5K $19.11/SF
− OpEx
−$13.3K −$5.73/SF
NOI
$31.1K $13.38/SF
Area
Fort Collins, CO
Vacancy
5.20%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,360
Cap Rate 7%
$444,543
Cap Rate 9%
$345,756
Alternative Uses
Best Use
Multifamily LT 5
$444.5K
$389.0K – $518.6K
NOI $31,118 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$412.5K
$361.0K – $481.3K
NOI $28,876 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$605.7K
$530.0K – $706.6K
NOI $42,398 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,358
Businesses Nearby
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately entered apartments each provide one bedroom, one bathroom, and a kitchen.
Where is this quadplex located?
The property is located at 202 Peterson St Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four apartments, each with one bedroom, one bathroom, a kitchen, and a separate entrance; 2,326 square feet in a 1.5‑story Dutch Colonial Revival building; 0.22‑acre double lot
