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Apartment Building with On-Site Laundry
For Sale
$1,275,000

516 S Meldrum St, Fort Collins, CO 80521

Five one-bedroom apartments and a nonconforming studio provide a varied residential configuration near Colorado State University.

Property SizeContact for details
Days on Market21

Property Features for 516 S Meldrum St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 5 x 1BR, 1 x studio
Multifamily Units 6

Amenities

on-site laundry
off-street parking

Building Details

Year Built 1901
Buildings 1
Listing Agency: Helix Properties, LLC
Listed By: Emily Mack · License #100099571
Source: Thestrohmangroup
Added: Aug 11 Changed: Aug 28 Last Checked: Aug 30 at 8:13PM

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 Helix Properties, LLC

Investment Insights

Based on property information with market context.

Built in 1901, this multifamily property contains five one-bedroom apartments plus one nonconforming studio. The residences feature spacious layouts, with a combination of interior and exterior entrances supporting separate access throughout the building. On-site laundry, off-street parking, and alley access add practical operating features for residents and property management.

The property at 516 S Meldrum St is positioned two blocks from Colorado State University and three blocks from Old Town Fort Collins. Its large lot, convenient parking arrangement, and proximity to these destinations define the principal physical and locational characteristics of the asset.

Key Highlights

  • Five one‑bedroom apartments plus one nonconforming studio
  • Built in 1901
  • Interior and exterior entrances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Pet Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,286
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom apartments and a nonconforming studio provide a varied residential configuration near Colorado State University.
Where is this apartment building located?
The property is located at 516 S Meldrum St Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Five one‑bedroom apartments plus one nonconforming studio; Built in 1901; Interior and exterior entrances
More about this property
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