USACOFort CollinsKenwood Heights1114 W Mulberry St
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$735,000

For Sale

8 hours ago

1114 W Mulberry St, Fort Collins, CO

House

MLS® 1061194

4 Bed

3 Bath

1724 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1724 sqft
Garage Yes
Taxes $4,266
Days Active 0
Lot Size 
Approx. Age 1951
Avg. Price Per Sqft $426
MLS® Number 1061194

Property Address: 1114 W Mulberry St, Fort Collins, CO, 80521-3519

Average square foot calculated using Size range provided by listing agent.

Description

1114 W. Mulberry presents an exceptional investment opportunity in the heart of Fort Collins with stable cash flow already in place. This spacious 4-bedroom, 3-bath home is currently leased at $3, 800 per month through June 1, 2027, providing immediate and reliable income for the next owner. With an established lease in place, investors can step into ownership with confidence and avoid the uncertainty and expense of marketing a vacant property and securing new tenants. The functional main-level floor plan offers ample living space appealing to a wide range of tenants, including students, professionals, and those seeking convenient access to everything Fort Collins has to offer. Well-maintained and thoughtfully designed, the home combines comfort, practicality, and strong rental appeal. Generous living areas and a desirable layout contribute to the property's attractiveness within the local rental market. Ideally located near Colorado State University, Old Town Fort Collins, shopping, dining, parks, and major commuter routes, this property benefits from consistent demand in one of Northern Colorado's strongest rental markets. The central location supports appreciation potential and strong occupancy trends while offering convenient access to Fort Collins amenities. Offered at $735, 000, the property generates gross rental income of $45, 600 annually based on current lease terms. This represents an approximate gross rent multiplier (GRM) of 16.1 and a gross income yield of 6.2%, providing investors with clear performance metrics. The lease through June 2027 offers predictable income, reduced vacancy risk, and immediate cash flow from closing. Whether expanding an investment portfolio, completing a 1031 exchange, or seeking a turnkey income property in a high-demand location, 1114 W. Mulberry offers an attractive combination of immediate cash flow and long-term upside. Opportunities to acquire an income-producing property with established tenant in place are limited.
MLS® Number1061194
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1951
BasementNone, Crawl Space, Built-In Radon
DrivewayGarage Door Opener, Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 2:Main Floor12 × 12 ft
Living Room:Not available
Kitchen:Main Floor10 × 11 ft
Family Room:Main Floor15 × 21 ft
Bedroom 3:Main Floor10 × 15 ft
Laundry:Main Floor5 × 11 ft
Other:Main Floor10 × 19 ft
Bedroom 4:Main Floor11 × 11 ft
Other:Main Floor10 × 11 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 7, 2026List Date
$735,000List Price

Home Appraisal

This property is estimated to sell between: $735,000 and $743,000.
Similar properties in this area sold on average for: $739,760
Expected to sell in 69 days. Similar properties sold in 69 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
1114 W Mulberry St, Fort Collins, CO

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