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$617,500
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Property Description
Built in 1930, this legal over under duplex offers incredible flexibility as a single family home or income producing investment. Over $100,000 has been invested since 2023, including major electrical, plumbing, and HVAC upgrades. Located minutes from Colorado State University, Downtown Fort Collins, parks, and schools. Previously operated as a professionally managed furnished midterm rental with financials available upon request. Live in one unit and rent the other, lease both long term, or continue as a furnished rental. The choice is yours. This rare property combines historic charm, modern improvements, and outstanding investment potential in one of Fort Collins' most desirable locations. Showings begin July 31 at 4:00 PM. Furnishings available with sale of property.
Full Property Details
Full Property Details for 505 Locust St
General
- Sold For: $617,500
- Taxes: $3,453 (2025)
- Status: Closed
- Type: Single Family
- Source: IRES
- MLS ID: 1065156
- Added to Site: 56 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Free Standing
- Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached
- Garage Description: Detached
Location
- Area: Fort Collins
- County: Larimer
- Subdivision: Ftc
- Driving Directions: From I-25, take Exit 269B toward Fort Collins and head west on E Mulberry Street. Turn left onto S Lemay Avenue, then turn right onto E Elizabeth Street, then turn right onto Smith Street, Left on Locust Street and the Property is on your left.
School Information
- School District: Poudre
- Elementary School: Laurel
- Middle School: Lesher
- High School: Ft Collins
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water
Utilities
- Gas: Yes
- Gas: Xcel
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Roof: Composition
- Windows: Window Coverings
- Square Feet: 1,872
- Sq. Ft. Source: Assessor
- Living Area: 1,638 Sq. Ft.
- Year Built: 1930
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,794
- Fence: Yes
- Lot Features: Paved, Curbs, Gutters, Sidewalks, Alley
- Potential Use: Single-Family, Multi-Family
- Permitted Use: Single Family, Multi-Family
- Zoning: NCM
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $3,453
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Special Conditions: Private Owner
- Property ID: R0056847
Listed by eXp Realty - Northern CO (970) 889-0371
Sold by The Crisafulli Group (970) 893-3533
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Schools
Schools serving 505 Locust St
School District:Poudre School District R-1
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School 1000 East Locust Street, Fort Collins, CO 80524 | PK-5 | 0.4 mi |
Lesher Middle School 1400 Stover Street, Fort Collins, CO 80524 | 6-8 | 0.5 mi |
Fort Collins High School 3400 Lambkin Way, Fort Collins, CO 80525 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Locust St
Date
Details
Price
Change
Source
9/01/2026
Sold
$617,500
3.09%
MLS
7/31/2026
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.
505 Locust St, Fort Collins, CO 80524 (MLS# 1065156) is a Single Family property that was sold at $617,500 on September 01, 2026. Want to learn more about 505 Locust St? Do you have questions about finding other Single Family 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.

