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$583,000
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Property Description
Discover a fantastic investment opportunity with this side-by-side duplex situated on a large corner lot. Each unit offers distinct living spaces, featuring one 3-bed, 2-bath and one 2-bed, 1-bath. Both include private fenced yards, giving each side its own outdoor retreat, plus an extended one-car garage for added storage and convenience. With an excellent rental history, this property has already proven its strength as a reliable income producer. The location is an added bonus, just minutes from CSU, Old Town, and Horsetooth Reservoir, with shopping and dining right around the corner. This makes daily life smooth and simple, while also boosting the property's value. Whether you want to live in one side and rent the other, or maximize income by renting both, this property gives you flexibility and long-term opportunity. No HOA! Photos are of the 3 bed, 2 bath unit.
Full Property Details
Full Property Details for 1040 Ponderosa Dr
General
- Sold For: $583,000
- Taxes: $3,499 (2024)
- Status: Closed
- Type: Duplex
- Source: IRES
- MLS ID: 1042569
- Added to Site: 142 day(s) ago
Interior
- Interior Features: Eat-In Kitchen, Washer/Dryer Hookup
- Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 2
Location
- Area: Fort Collins
- County: Larimer
- Subdivision: Miller, Miller Alvin Foothills
School Information
- School District: Poudre
- Elementary School: Bauder
- Middle School: Blevins
- High School: Rocky Mountain
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: Xcel Energy
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Structure Type: Duplex
- Construction: Frame, Brick
- Exterior Const.: Frame, Brick
- Basement Desc.: None
- Roof: Composition
- Square Feet: 2,092
- Sq. Ft. Source: Assessor
- Year Built: 1965
Lot Features
- Property View: Hills
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,706
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Corner Lot, Level, City Limits
- Potential Use: Single-Family, Multi-Family
- Permitted Use: Single Family, Multi-Family
- Zoning: RL
- Fencing (Description): Fenced
Financial Considerations
- Operating Expenses: $8,035
- Tax Amount: $3,499
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Tenant's Personal Property
- Property ID: R0094765
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Schools
Schools serving 1040 Ponderosa Dr
School District:Poudre School District R-1
| Name | Grades | Distance |
|---|---|---|
Bauder Elementary School 2345 West Prospect Road, Fort Collins, CO 80526 | PK-5 | 0.4 mi |
Blevins Middle School 2101 South Taft Hill Road, Fort Collins, CO 80526 | 6-8 | 0.9 mi |
Rocky Mountain High School 1300 West Swallow Road, Fort Collins, CO 80526 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 Ponderosa Dr
Date
Details
Price
Change
Source
1/02/2026
Sold
$583,000
-1.02%
MLS
9/23/2025
Price Reduced
$589,000
-1.67%
MLS
8/29/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1040 Ponderosa Dr, Fort Collins, CO 80521 (MLS# 1042569) is a Duplex property that was sold at $583,000 on January 02, 2026. This property was sold by The Key Group from our Northern Colorado Office.Want to learn more about 1040 Ponderosa Dr? Do you have questions about finding other Duplex real estate for sale in Fort Collins? You can browse all Fort Collins real estate or contact a Coldwell Banker agent to request more information.

