Property Attributes
- MLS#IR1063876
- TypeSingle Family
- Listing Status Active
- CountyWELD
- CityGreeley
- NeighborhoodGreeley City
- Zip80631
- StyleHouse
- Year Built1880
- Taxes$ 2621
- Price$ 389,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1980
- Lot Size0.2 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Turnkey Multifamily Investment Opportunity in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive over 7% cap rate. This asset is ideal for investors seeking stable cash flow. There is one 2-bedroom apartment and one 1-bedroom apartments. Currently have 100% Occupancy with tenants on 12-month leases. Both units were remodeled in 2022 with LVT floorings, paint, fixtures, appliances, updated plumbing, and electrical. Both units have separate HVAC with forced air heat and AC installed new in 2022. Roof was also done in 2022. Large lot with alley access and fully fenced in yard. Tenants pay for all utilities- utilities are separately metered except for water. Close to downtown and easy access to HWY 85.
| Elementary School | Middle School | High School |
|---|---|---|
| Martinez Elementary School | Heath Middle School | Northridge High School |
| Price History | |
|---|---|
| 7/10/2026 | Listed $389,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Electricity Available,Natural Gas Available |
| Possession | Closing/DOD |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer |
| Zoning | R-M |
| Patio/Porch Features | Deck,Patio |
| Security Features | Smoke Detector(s) |
| Construction Materials | Frame |
| Exclusions | Tenants personal property,Mineral Rights Excluded |
| Year Built | 1880 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Weld |
| Net Operating Income | 30019 |
| Operating Expense | 2621 |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Greeley City |
| Possible Use | Multi-Family,Residential |
| Full Baths | 1 |
| Status | Active |
| High School | Northridge |
| City | Greeley |
| High School District | Greeley 6 |
| Number Of Units Total | 2 |
| Lot Size Square Feet | 8550 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Martinez |
| Tax Annual Amount | 2621 |
| Middle/Junior High School | Heath |
| Concessions | No |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Elementary School District | Greeley 6 |
| Cap Rate | 7.71 |
Interior Features
| Interior Amenities | Open Floorplan |
|---|---|
| Basement | Unfinished |
| Basement (Y/N) | Yes |
| Window Features | Window Coverings |
| Above Grade Finished Area | 1200 |
| 3/4 Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Lot Features | Level |
|---|---|
| Water Source | Public |
| Building Area Total | 1980 |
| Lot Size Acres | 0.2 |
| Road Surface Type | Alley Paved,Paved |
| Road Frontage Type | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80631
In The Neighborhood
Greeley
$ 295,000
- Type
- Single Family
- Size
- 1,232 SqFt
- Rooms
- 3 Beds + 2 Baths
Coldwell Banker Plains #IR1068226
Greeley
$ 396,000
- Type
- Single Family
- Size
- 1,892 SqFt
- Rooms
- 4 Beds + 1 Baths
Realty One Group Fourpoints CO #IR1062694
Greeley
$ 365,500
- Type
- Single Family
- Size
- 955 SqFt
- Rooms
- 2 Beds + 1 Baths
Resident Realty #IR1059582
Greeley
$ 319,900
- Type
- Single Family
- Size
- 1,203 SqFt
- Rooms
- 3 Beds + 1 Baths
Property One of the Rockies #IR1057516
Greeley
$ 225,000
- Type
- Single Family
- Size
- 876 SqFt
- Rooms
- 2 Beds + 1 Baths
Resident Realty North Metro #IR1055005
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