329 N Meldrum St Fort Collins, CO 80521
Property details
About 329 N Meldrum St
GREAT Investment Opportunity in the heart of Downtown Fort Collins! 7 total units comprised of a triplex and 4 mobile homes, all legal and all permitted. Enjoy great in place rents of nearly $120,000 per year, AND future upside potential of future redevelopment on this great corner property located at Cherry & Meldrum in Downtown Fort Collins. These well located, affordable for Old Town rental units are always fully leased! Down the road, join several other previous Downtown redevelopment projects that have had great success in an around this burgeoning area of Old Town. Buy as an investment that cash flows now, and make an income while planning your next development project in this NCB zoning district. Please check with the City of Fort Collins for more information and schedule a conceptual review if so desired. This a rare chance to own over 1/3 acre of highly desirable Old Town land w/ great income in such a close proximity to Downtown Restaurants, Shopping, Lee Martinez Park, & all that Old Town has to offer. Units are fully leased thru Next May/June/July 2026 (unit dependent). You cold also make this a very cool and hip tiny home community, as the Seller has a letter in the file from Planning & Zoning that allows the 4 mobile homes to be replaced and swapped out at any point in the future, with newer trailers or even tiny homes! So use your creativity, and either upgrade and swap out for more income, or replace with newer tiny houses, or do a total redevelopment and go vertical here. So many options and so much potential. Unfortunately, so as not to disturb the Tenants, showings will not be possible on all units until the time of Contract. Units are all in middle of the road "rental grade" condition. Trailer SQFT is added to total SQFT on the listing. Buyer to verify. Property is being sold in its current "As-Is Where-Is" condition. Sellers are licensed Real Estate Brokers in the State of Colorado, and will be completing a 1031 Tax Deferred Exchange.
Highlights
Summary
- Appliances: Electric Range, Refrigerator, Washer, Dryer
- Basement: No
- Total Bedroom Count: 17
- Parking: Alley Access
- Exterior: Lighting
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $1,795,000
- Annual Tax Amount: $6,452
- Tax Year: 2023
- Lot: Curbs, Sidewalk, Corner Lot
- Year Built: 1900
- Stories: 1
- Lot Size: 0.38 Acres
- MLS Number: 1031844
- MLS Name: IRES MLS
- Office Name: Fort Collins Real Estate, LLC
- Office Phone: (970) 222-8136
- Listing Agent: Michael Jensen
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2025 IRES. Information deemed reliable but not guaranteed by the MLS.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
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Last updated on: 7/8/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 25, 2019 | Home Sold | $850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $74,364 | $6,452 |
| 2022 | $51,082 | $4,823 |
| 2021 | $52,553 | $4,874 |
| 2020 | $46,047 | $4,308 |
| 2019 | $46,368 | $2,476 |
| 2018 | $27,172 | $2,467 |
| 2017 | $27,172 | $2,742 |
History based on county public records data.
Nearby schools
8
Dunn Elementary School
Public District KG-5
0.9 mi
•501 S Washington Ave
6
Putnam Elementary School of Science
Public District PK-5
1.0 mi
•1400 Maple St
6
Harris Bilingual Elementary School
Public District PK-5
1.4 mi
•501 E Elizabeth St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,389. The most common annual income of people living in Fort Collins, CO is less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Yoga/pilates
NBA/WNBA
Soccer
Where do the neighbors shop?
H&M
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Boston Market
What do the neighbors drive?
Audi
Pontiac
Mazda
What do the neighbors listen to?
Alternative
Urban Contemporary- Rhythmic Contemporary Hits
Frequently asked questions
About 329 N Meldrum St
The listing price of 329 N Meldrum St property is $1,795,000.
The property 329 N Meldrum St is a house located in Fort Collins, Colorado, 80521.
Active Listing: 329 N Meldrum St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 329 N Meldrum St are: Dunn Elementary School (GreatSchools Rating 8/10), Putnam Elementary School of Science (GreatSchools Rating 6/10), Harris Bilingual Elementary School (GreatSchools Rating 6/10), Lincoln Middle IB World School (GreatSchools Rating 4/10), Lesher Middle IB World School (GreatSchools Rating 7/10), Blevins Middle School (GreatSchools Rating 5/10), Centennial High School (GreatSchools Rating 1/10), Polaris Expeditionary Learning School (GreatSchools Rating 7/10), Psd Global Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $6,452 (source: MLS/based on county public records data).
The last sale was on April 25, 2019 for $850,000 (source: MLS/tax record).
The property at 329 N Meldrum St has 17 bedrooms and 11 bathrooms.
The year of construction for 329 N Meldrum St is 1900.
This home is located at 329 N Meldrum St in Fort Collins, CO and zip code 80521 in the Martinez Park neighborhood. Features: 17 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $1,795,000.
Fort Collins, CO housing market in June 2025 saw over 68 listings sold above listed price, more than 66 sold at listed price and over 101 sold below. Between May and June 2025, Fort Collins, CO real estate market has seen increase in the number of listings by 8.9%. Listings spent 28 days on the market in June 2025, and had a median list price of $556,897 during the same period.