Selected for the Terner Labs Housing Venture Lab

512-514 Strachan Drive, Fort Collins, CO 80525

Active
Listed 114 days ago
Owner-Occupant Eligible
$685,000

About $2,540 a month to live here, after the rent from the other home.

Duplex2,048 sqft6 beds6 bathsListed Jul 21, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$2,540a month

The other home rents for $1,586. We hold back $285 of that for repairs and an empty month, and the rest goes toward a $3,841 monthly payment.

Income to qualify: about $91,000 a year

With how much down?

At 20% down ($137,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $94,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$23,975 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

A great investment opportunity in the heart of Fort Collins. Each unit offers 3 beds, 3 baths, with an attached one-car garage, private fenced backyard, and in-unit laundry, desirable for tenants and owner-occupants. Improvements include fresh exterior paint, newly painted cabinetry in one unit, and a new roof scheduled for install by closing. Located near just about everything. This property is well-positioned to attract long-term tenants. Or owner occupy one unit while leasing the other.

Duplex

Property Type

7,448 sqft

Lot Size

1978

Year Built

Listing Date: 07/21/2026

Listed by: Kaitlyn Clark

Listing office: LIV Sotheby's Intl Realty D

Contact: 720-579-2581

Source: REcolorado #IR1064749

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$685,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$685,000
Your Down Payment$137,000
Financed$548,000
Estimated Monthly Payment$3,841

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($137,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,841/month
Principal + Interest
$3,146
Property Taxes
$338
Home Insurance
$290
HOA$67
Rental Income (1 Unit)
$1,586/month

From the listing description.

Rental Expenses
-$285
Cost to live here
$2,540/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

REcolorado logo

MLS# IR1064749 · Listing office: LIV Sotheby's Intl Realty D

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Uncharted Homes LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

REcolorado IDX disclaimer and copyright notices