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530 Mathews St, Fort Collins, CO, 80524

3beds
3baths
2,246sqft
$720,000
$321price/sqft
$4,456/moest. monthly cost
$178,240/yrincome needed

About This Home

Investor Opportunity - Prime Downtown TriplexIf you're an investor seeking the ideal location for an income-producing property, look no further. This well-maintained triplex offers excellent rental income and sits on a desirable corner lot, providing the potential to easily add an ADU for additional revenue plans to be confirmed with city of Fort Collins. situated in an ideal downtown location, the property is within walking distance of numerous amenities, shops, and restaurants. It also offers great flexibility-convert it back into a single-family residence and enjoy a pristine downtown address while maintaining income from the lower units. This is a rare opportunity to own a versatile, income-generating property in a highly sought-after area. Please allow 24 hours notice for current tenants. Shoe covers must be worn inside the units. Thanks in advance!

Getting Around

93
WalkingWalker's Paradise
48
TransitSome Transit
100
BikeBiker's Paradise

Schools

5/10
Laurel Elementary SchoolGrades PK-50.7 mi
5/10
Lesher Middle SchoolGrades 6-80.9 mi
8/10
Fort Collins High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1904

Materials

  • Roof: Composition
  • Construction materials: Frame,Brick,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Self Cleaning Oven,Refrigerator,Washer,Dryer,All Appliances

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Cathedral Ceiling(s)
  • Window features: Window Coverings,Bay or Bow Window
  • Flooring: Wood

Heating & Cooling

  • Heating features: Forced Air,Gravity,Radiator
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,246
  • Total interior livable area: 2,246 sqft

Property

Details

  • Parcel number: R0052833
  • Zoning: NCM
  • Special condition: Private Owner

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 5,890 sqft
  • Features: Level,Paved,Curbs,Gutters,Sidewalks,Street Light,Mineral Rights Excluded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hail

FEMA Declared Disasters Across Colorado Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,640$43,680
Home Insurance *$318$3,816
Property Taxes $312$3,744
Electricity $186$2,232
Total$4,456$53,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,777/yr
40% on housing$133,680/yr
45% on housing$118,826/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.3%
15.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 80524$233
Larimer County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 80524$265
Larimer County$250

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$760,000
2026-03-03Price change$792,000
2026-02-01Price change$825,000
2026-01-04Price change$860,000
2025-12-04Price change$895,000
2025-10-30Listed for sale$935,000
2023-07-19Listing removed--
2023-07-12Price change$1,350
2023-07-05Listed for rent$1,525
2023-04-10Listing removed--
2023-03-30Listed for rent$949
2022-11-13Listing removed--
2022-11-02Listed for rent$949
2007-08-03Sold$255,600
2000-12-07Sold$196,000

For Sale by Agent

AgentFelicia DiGiallonardo
BrokerageHomeSmart Realty Partners FTC

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