Selected for the Terner Labs Housing Venture Lab

2831 Somerville Drive #A,B,C,D, Fort Collins, CO 80526

Active
Listed 90 days ago
Owner-Occupant Eligible
$935,000

About $2,212 a month to live here, after the rent from the other homes.

Quadplex3,131 sqft8 beds4 bathsListed Aug 14, 2026

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

Live here for about

$2,212a month

The other homes rent for $3,960. We hold back $713 of that for repairs and an empty month, and the rest goes toward a $5,459 monthly payment.

Income to qualify: about $117,000 a year

With how much down?

At 20% down ($187,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $122,000 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.

$46,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Prime Fort Collins Fourplex InvestmentStrong opportunity to own a well-located fourplex in Fort Collins. This property features four spacious 2-bedroom, 1-bath units, offering a desirable floor plan ideal for tenants in this area. Each unit provides comfortable living space, while a shared on-site laundry room adds convenience for residents.The property also offers off-street parking and is situated near open spaces, walking and biking trails. The convenient location provides easy access to outdoor recreation, education, and the many amenities Fort Collins has to offer.With four individual units and a sought-after 2-bedroom layout, this property presents an excellent opportunity for investors looking to add a multi-family asset to their portfolio or for an owner-occupant seeking rental income in Stadium Heights.

Quadplex

Property Type

8,564 sqft

Lot Size

1973

Year Built

Listing Date: 08/14/2026

Listed by: Lexi Walker

Listing office: Peak Property Management

Contact: 970-420-9788

Source: REcolorado #IR1066561

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%
$935,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$935,000
Your Down Payment$187,000
Financed$748,000
Estimated Monthly Payment$5,459

Before rent: principal and interest at 6.0% 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 ($187,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,459/month
Principal + Interest
$4,485
Property Taxes
$509
Home Insurance
$465
Rental Income (3 Units)
$3,960/month

From the listing description.

Rental Expenses
-$713
Cost to live here
$2,212/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# IR1066561 · Listing office: Peak Property Management

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