335 E Magnolia St Fort Collins CO 80524


335 E Magnolia St Fort Collins CO 80524

Courtesy of: Jordan Obermann | Jordan Obermann
$515,000 Fort Collins, CO 80524
  • 0.22 Acres
  • Larimer County
  • 3 Beds
  • 1 Baths

Key Features

  • Property Type: Residential
  • Status: Active
  • MLS® ID: 976558
  • Year Built: 1900
  • Lot/Acreage: 0.22
  • County: Larimer
  • Neighborhood: Old Town

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Refrigerator
  • Heating: Forced Air
  • Basement: Partial
  • Water: City Water, City of Fort Collins

Exterior Details

  • Zoning: NCM
  • Roof: Composition
  • Sewer: City Sewer


Investment opportunity! First, location: This property sits 2.5 blocks from Target, 3.5 blocks from Lucky's, and 5 blocks to Old Town, where you can walk to get coffee, drinks or dinner without needing to cross a major street. Transit and other nearby infrastructure make this location ideal for simple convenience.Next, opportunity: With the upcoming changes to the land use code (call for more info), this property, sitting in the NCM zoning district, will be allowed to be developed into a multi-family (up to a 6-Plex), or even simpler, can contain an ADU. That means this property is NOT relegated to a SFR investment, but has the potential to generate much more revenue.Lastly, immediacy: This property has been approved by the City to be developed into a 4-plex (several year process), so for the right investor, this work could begin immediately. Further, the plan may be modifiable to grow into a 5-plex.The house needs some work to become immediately rentable; please see the attached inspection report. But the value here is the location and opportunity. The new zoning codes in Fort Collins is a game changer, so for the right buyer this has the opportunity to become a fantastic investment.


  • Address: 335 E Magnolia St Fort Collins CO 80524
  • City: Fort Collins
  • State: CO
  • Zip: 80524

North on College past Mulberry. East on Magnolia to property.

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