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605 Mathews St, Fort Collins, CO, 80524

4beds
3baths
1,373sqft
$800,000
$583price/sqft
$4,930/moest. monthly cost
$197,200/yrincome needed

About This Home

Discover a fantastic investment or house-hacking opportunity in the heart of beautiful Fort Collins, Colorado! This well-maintained triplex offers the perfect blend of comfort, convenience, and income potential in one of Northern Colorado's most sought-after communities.Each unit features spacious layouts, abundant natural light, and inviting living spaces designed for comfortable everyday living. Tenants will love the easy access to Old Town Fort Collins, Colorado State University, local breweries, parks, shopping, dining, and scenic outdoor recreation.Situated in a quiet, established neighborhood with strong rental demand, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. With Fort Collins' vibrant culture, thriving job market, and year-round outdoor lifestyle, this triplex is a rare opportunity you won't want to miss.Whether you're looking for steady cash flow, long-term appreciation, or a chance to live in one unit while renting the others, this Fort Collins gem checks all the boxes!

Getting Around

93
WalkingWalker's Paradise
49
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 9-123.3 mi

Construction

Condition

  • Year built: 1884

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator,Washer,Dryer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Eat-in Kitchen,Separate Dining Room,Open Floorplan
  • Flooring: Wood

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,373
  • Total interior livable area: 1,373 sqft

Property

Details

  • Parcel number: R0053724
  • Zoning: NCM
  • Special condition: Private Owner
  • Exclusions: Tenants Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Fencing: Fenced
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 8,400 sqft
  • Features: Paved,Curbs,Gutters,Sidewalks,Street Light,Alley

Parking

  • Total spaces: 3

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
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Winter Weather
Inland Flooding
Strong Wind
Tornado

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 $4,045$48,540
Home Insurance *$353$4,236
Property Taxes $346$4,152
Electricity $186$2,232
Total$4,930$59,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$169,028/yr
40% on housing$147,900/yr
45% on housing$131,466/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

$583This 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
2026-05-06Listed for sale$875,000

For Sale by Agent

AgentTrischa Christopher
BrokeragePicket Fence Properties

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