Triplex with Central
629 Stover St, Fort Collins, CO 80524
For Sale
$900,000
Residential Income, Fort Collins, CO
Property Size2,200 SF
Lot Size0.31 Acres
Price / SF$409.09
Days on Market53
Property Features for 629 Stover St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Fencing
Basement
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
C3 Real Estate Solutions, LLC
(970) 225-5152
Listed By:
Ryan Embry
(970) 286-4640
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 9 at 4:06AM
MLS# 1069063
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-unit multifamily property contains 2,200 square feet on a 0.31-acre lot and was built in 1936. The improvements include frame construction, a composition roof, a basement, fencing, and natural gas availability. Central air, ceiling fans, ductless cooling, and forced-air heating serve the property. The appliance package includes electric ranges, dishwashers, refrigerators, microwaves, disposals, washers, and dryers, along with fire alarms.
Located at 629 Stover St in Fort Collins, the property is near Downtown Fort Collins, Colorado State University, restaurants, shopping, entertainment, parks, and major transportation routes. The property is identified as NCM zoning and includes three separate residential units, supporting multifamily ownership and rental use.
Located at 629 Stover St in Fort Collins, the property is near Downtown Fort Collins, Colorado State University, restaurants, shopping, entertainment, parks, and major transportation routes. The property is identified as NCM zoning and includes three separate residential units, supporting multifamily ownership and rental use.
Key Highlights
- Three separate residential units
- 2,200 square feet on a 0.31‑acre lot
- NCM zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,432
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,640
$588.6K
Cap Rate 7%
$420,457
$420.5K
Cap Rate 9%
$327,022
$327.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$44.4K $20.16/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$42.0K $19.11/SF
− OpEx
−$12.6K −$5.73/SF
NOI
$29.4K $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%
$588,640
Cap Rate 7%
$420,457
Cap Rate 9%
$327,022
Alternative Uses
Best Use
Multifamily LT 5
$420.5K
$367.9K – $490.5K
NOI $29,432 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$390.2K
$341.4K – $455.2K
NOI $27,312 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$572.9K
$501.3K – $668.4K
NOI $40,102 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,579
Businesses Nearby
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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?
Triplex - Three-unit multifamily property with fenced grounds, natural gas availability, and a mix of central, ceiling-fan, and ductless cooling.
Where is this triplex located?
The property is located at 629 Stover St Fort Collins, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three separate residential units; 2,200 square feet on a 0.31‑acre lot; NCM zoning
