Looking for a good investment property. This 2 unit bungalow is located just north Colorado State University off of Mulberry in Fort Collins Colorado. Units have had good rental history with tenants paying all utilities except water and trash. All showings are contingent on 24 hour notice with no showings after 5:00 PM.Property has been in the same ownership for past 13 years and property management company has coordinated all leasing and maintenance with ownership.
For sale
$650,000
507 S Loomis Ave, Fort Collins, CO 80521
3beds
2baths
1,836sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$623,100 Zestimate®
$354/sqft
$-- HOA
What's special
- 9 days |
- 329 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 22 hours ago
Listed by:
Micky Ashby 970-988-2059,
Micky Ashby Realty
Source: IRES,MLS#: 1047965
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Electric Range/Oven, Refrigerator
Features
- Separate Dining Room, Open Floorplan, Open Floor Plan
- Basement: Partially Finished
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
Property
Parking
- Details: Parking Per Unit(Less Than 1)
Features
- Stories: 1
- Exterior features: Lighting
- Fencing: Partial
- Has view: Yes
- View description: City
Lot
- Size: 6,353 Square Feet
- Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
Details
- Parcel number: R0069213
- Zoning: NCM
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage/Bung,Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1921
Utilities & green energy
- Electric: Electric, Xcel Energy
- Gas: Natural Gas, City of Fort Collins
- Sewer: City Sewer
- Water: City Water, City of Fort Collins
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Trash: City of Fort Collins
Community & HOA
Community
- Subdivision: Westlawn
HOA
- Has HOA: No
Location
- Region: Fort Collins
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $656,900
- Annual tax amount: $3,521
- Date on market: 12/1/2025
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional
- Exclusions: Any And All Tenants Personal Belongings
- Total actual rent: 2890
- Tenant pays: Deposit, Gas
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
$623,100
$592,000 - $654,000
$1,677/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Listed for sale | $650,000$354/sqft |
Source: | ||
| 3/18/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/11/2021 | Listed for rent | $1,395$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/30/2020 | Listing removed | $1,395$1/sqft |
Source: Mountain-N-Plains, Inc. Report a problem | ||
| 2/10/2020 | Listed for rent | $1,395$1/sqft |
Source: Mountain-N-Plains, Inc. Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,682 +60.3% | $44,012 -1% |
| 2023 | $2,297 -3.2% | $44,440 +82.7% |
| 2022 | $2,372 -32.6% | $24,324 -4.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,601/mo
Principal & interest
$3113
Property taxes
$260
Home insurance
$228
Climate risks
Neighborhood: University North
Nearby schools
GreatSchools rating
- 7/10Dunn Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Poudre High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Dunn
- Middle: Lincoln
- High: Poudre
Source: IRES. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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