**TENANT OCCUPIED MUST HAVE 24 HOURS NOTICE FOR ALL SHOWINGS** Don't miss this exceptional opportunity to own a newly constructed, income-producing property in one of Fort Collins' most desirable locations. Ideally situated within walking distance of Old Town Square, this unique investment features two separate 2-bedroom, 1-bathroom residences, offering the flexibility and income potential investors are looking for. Unit A offers a thoughtfully designed layout with beautiful quartz countertops, stainless steel appliances, central A/C, and a private fenced-in yard. Unit B features quartz countertops, stainless steel appliances, central A/C, durable LVP flooring, and the added convenience of a 1-car attached garage. Both units are currently tenant occupied, providing immediate rental income and making this a truly turnkey investment opportunity. With modern construction, desirable amenities, and a prime location just steps from the restaurants, shops, entertainment, and lifestyle amenities of Old Town Fort Collins, this property offers an attractive combination of location, quality, and income potential. Whether you're looking to expand your rental portfolio or seeking a low-maintenance investment with strong long-term appeal, this property is one worth taking a closer look at.
Multi-familyProperty Type
1921Year Built
4,737 sq ftLot Size
$338Price/Sq.Ft.
Listed by Erin Blackwell• Henderson Management & Real Estate
Eastside Park, located between Riverside Avenue and East Mulberry Street, is a residential and park-centered Fort Collins neighborhood with mature tree-lined blocks and a greenbelt feel. The neighborhood’s character concentrates around the East Mulberry Street corridor near the Poudre River Trail, where bike traffic, small storefronts, and river-bound routines set the pace. Postwar ranch homes and tidy infill sit alongside pocket parks and school grounds, keeping the streetscape low and lived-in. Odell Brewing Company, New Belgium Brewing, and the Fort Collins Museum of Discovery act as cultural anchors for afternoons that drift from patios to exhibits. Lee Martinez Park and the river corridor shape daily movement with long, flat paths and open lawns. The result is a grounded, outdoors-forward pocket with a clear connection to Old Town without leaning on it.
Provided by Walk Score and Local Logic
Market insights
614 Lesser Dr · $880,000
DAYS ON MARKET
1 days
The average home goes pending in 57 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
LIST PRICE
$880,000
Median sale price in this area is $596,045. (32% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Eat-in kitchen
Window coverings
Bedrooms
Two 2-bedroom units (each unit has 2 bedrooms)
Bathrooms
Each unit has 1 bathroom
Kitchen
Electric range
Dishwasher
Refrigerator
Microwave
Garbage disposal
Laundry & utility
Washer
Dryer
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Paved lot with curbs, gutters and sidewalks
Street lighting
Asphalt road frontage on a city street
Minimal flood or C rating
Home design
Multi-family residential property
Combination of one- and two-level layouts
Previously owned (not new)
Construction
Frame construction
Composition roof
Utilities
City water with meter installed
Electricity available
Natural gas service (Xcel)
HOA & community
No association fees or reserves
Financial info
Two total units
Gross income reported: $52,680
Net operating income reported: $49,483
Tenant responsibilities may include deposit, gas, electricity, water, sewer and trash collection
Electricity and solar
View estimated energy costs and solar savings for this home
Sold before published. Total re-do needing new roof, new heat system, etc!
Public Records
Jul 1, 1979
Sold
$23,500
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,197 (+11.7%)
$2,188 + $29,894
$32,082
2024
$2,862 (+5.1%)
$2,188 + $29,894
$32,082
2023
$2,723 (+52.6%)
$2,345 + $31,168
$33,513
2022
$1,784 (+51.2%)
$2,345 + $31,168
$33,513
2021
$1,180 (+17.6%)
$2,433 + $16,465
$18,898
2020
$1,004 (−0.4%)
$2,503 + $10,217
$12,720
2019
$1,008 (−20.7%)
$2,503 + $8,223
$10,726
2018
$1,271 (+0.3%)
$2,503 + $8,223
$10,726
2017
$1,267 (+20.1%)
$2,520 + $11,426
$13,946
2016
$1,055 (+22.4%)
$2,520 + $11,426
$13,946
2014
$862
$2,790 + $6,660
$9,450
2013
$863 (+3.1%)
$2,790 + $6,660
$9,450
2012
$837 (+2.8%)
$2,790 + $6,180
$8,970
2011
$814 (−13.2%)
$2,790 + $6,180
$8,970
2010
$938 (+3.6%)
$2,790 + $6,180
$8,970
2009
$906
$3,020 + $7,450
$10,470
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,737 Sq. Ft.
Year renovated
1996
Finished Sq. Ft.
780
Unfinished Sq. Ft.
—
Total Sq. Ft.
780
Year built
1921
Style
Single Family Residential
County
Larimer County
APN
R0050423
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
OT-C
Old Town District, High
The Old Town District, High (OT-C) subdistrict is intended for areas that are a transition between Downtown, the CSU campus, and adjacent neighborhoods. Intensive commercial-use areas or high traffic zones have been given this designation in accordance with an adopted subarea plan.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Mixed use
Educational/school
Death related/funeral home
Oct 9, 2020 • Final
Residential addition
Construct a one-story addition to the rear of a single-family home including bedrooms, a bathroom, a mechanical room, and a mudroom. Work includes replacing windows, remodeling the existing house, and rebuilding the upper floor structure.
Addition
Oct 9, 2020 • Final
Residential new single family detached
Construct a two-story carriage house with an attached garage at the rear of the lot.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Fort Collins, CO • 80524
Average low and high temperatures (°F)
41
17
50
22
63
35
63
36
71
45
83
54
88
59
85
57
80
50
68
40
53
28
52
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
10.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 614 Lesser Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $617,500 and $1,065,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $618K to $1.1M.