Back on the market!! Lender dropped the ball!! Your gain! Great Investment opportunity! As IS and ready to go!! Rare find with this mid town duplex with no HOA! Each unit consists of two bedrooms, 1bath, 1 car attached garage, and separate patios. Call for your showing today!
For sale
Price cut: $44.9K (7/10)
$585,000
449 E Drake Rd, Fort Collins, CO 80525
4beds
2baths
1,616sqft
Multi Family
Built in 1967
-- sqft lot
$580,400 Zestimate®
$362/sqft
$-- HOA
What's special
Separate patios
- 98 days |
- 255 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Theisen 970-282-9488,
Harmony Brokers
Source: IRES as distributed by MLS GRID,MLS#: 1056347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
Features
- Eat-in Kitchen, Open Floorplan
- Basement: None
Interior area
- Total structure area: 1,616
- Total interior livable area: 1,616 sqft
Property
Parking
- Details: 2 Spaces/Unit
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 7,437 Square Feet
- Features: Paved, Curbs, Gutters, Sidewalks, Street Light
Details
- Parcel number: R0126748
- Zoning: MMN
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Fahrenbruch Leisure Village
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $565,500
- Annual tax amount: $3,522
- Date on market: 4/13/2026
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
$580,400
$551,000 - $609,000
$2,087/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $585,000-7.1%$362/sqft |
Source:  IRES as distributed by MLS GRID #1056347 Report a problem | ||
| 7/8/2026 | Listed for sale | $629,900$390/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1056347 Report a problem | ||
| 6/8/2026 | Pending sale | $629,900$390/sqft |
Source: REcolorado as distributed by MLS GRID #IR1056347 Report a problem | ||
| 4/13/2026 | Listed for sale | $629,900$390/sqft |
Source: IRES as distributed by MLS GRID #1056347 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,522 +6.8% | $35,344 -7.1% |
| 2024 | $3,299 +14.9% | $38,063 -1% |
| 2023 | $2,870 -3.2% | $38,432 +26.4% |
| 2022 | $2,965 +21.3% | $30,396 -4.9% |
| 2021 | $2,443 -0.4% | $31,961 +22.4% |
| 2020 | $2,454 +18.4% | $26,112 -12.3% |
| 2019 | $2,072 | $29,765 +31% |
| 2018 | $2,072 | $22,730 |
| 2017 | $2,072 +0.3% | $22,730 +32.8% |
| 2016 | $2,065 +33.1% | $17,114 -5.8% |
| 2015 | $1,551 +0.8% | $18,160 +7.6% |
| 2014 | $1,539 | $16,870 |
| 2013 | -- | $16,870 +6.5% |
| 2012 | -- | $15,840 -4.1% |
| 2011 | -- | $16,510 +13.9% |
| 2010 | -- | $14,500 |
| 2009 | -- | $14,500 |
| 2008 | -- | $14,500 |
| 2007 | -- | $14,500 -1.8% |
| 2006 | -- | $14,770 |
| 2005 | -- | $14,770 +15.9% |
| 2004 | -- | $12,740 -9.8% |
| 2002 | -- | $14,130 |
| 2001 | -- | $14,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Thunderbird East
Nearby schools
GreatSchools rating
- 8/10O'Dea Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Boltz Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Fort Collins High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Odea
- Middle: Boltz
- High: Ft Collins
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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