1321 Springfield Dr, Fort Collins, CO, 80521
About This Home
Well-maintained investment property in a proven rental location just minutes from CSU, shopping, restaurants, and transit. The 4-bedroom, 2-bath tri-level offers a functional floor plan, attached garage, off-street parking, and a separate exterior entrance to the lower level, supporting strong tenant appeal. Property is leased through May 2027 at $2,895/month with tenants paying all utilities. Consistent rental history with little to no vacancy and strong pre-leasing demand make this a stable, turnkey investment.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Range,Dishwasher,Refrigerator,Washer,Dryer,Disposal
- Laundry features: Washer/Dryer Hookup
Basement
- Has basement: Yes
- Basement: Full,Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Separate Dining Room
- Window features: Window Coverings
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace features: One
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,416
- Total interior livable area: 1,416 sqft
Property
Details
- Parcel number: R0086029
- Zoning: RL
- Special condition: Private Owner
- Exclusions: Seller and Tenant Personal Property
Features
- Levels: Tri-Level
- Fencing: Fenced
Lot
- Lot size: 8,727 sqft
- Features: Corner Lot,Deciduous Trees,Paved,Curbs,Sidewalks
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
- Winter Weather
- Cold Wave
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,502 | $30,024 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $214 | $2,568 |
| Electricity | $186 | $2,232 |
| Total | $3,113 | $37,356 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $495,000 |
| 2025-05-12 | Listing removed | $2,895 |
| 2025-05-01 | Listed for rent | $2,895 |
| 2025-04-30 | Listing removed | $525,000 |
| 2025-04-03 | Listed for sale | $525,000 |
| 2022-04-28 | Listing removed | -- |
| 2022-04-13 | Listed for rent | $2,395 |
| 2021-08-24 | Sold | $405,000 |
| 2019-12-10 | Listing removed | $1,495 |
| 2019-11-20 | Price change | $1,495 |
| 2019-08-20 | Price change | $1,795 |
| 2019-07-20 | Price change | $1,995 |
| 2019-07-13 | Listed for rent | $2,300 |
| 2019-05-24 | Listing removed | $2,300 |
| 2019-04-23 | Listed for rent | $2,300 |
| 2015-06-28 | Listing removed | $1,850 |
| 2015-05-06 | Listed for rent | $1,850 |
| 2013-09-30 | Sold | $220,000 |
| 2013-08-31 | Listed for sale | $209,900 |
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