Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. 100% Occupancy with tenants on solid 12-month leases, most units remodeled in 2024 down to the studs (featuring new windows, updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 (built in 1990) has their own laundry room in unit. Tenants pay separately metered electricity. Landlord pays water/trash/common electric. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.
For sale
$760,000
1412 7th Ave UNIT 1-5, Greeley, CO 80631
8beds
5baths
2,957sqft
Est.:
Attached Dwelling, Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$257/sqft
$-- HOA
What's special
Recent landscapingFresh exterior paintShared laundry roomUpdated kitchensNew windowsDeck upgrades
- 25 days
- on Zillow |
- 145 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 07:21am
Listed by:
Maggie Robel 970-515-5004,
Oneway.realty
Source: IRES,MLS#: 1032142

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Wall Furnace
Cooling
- Room Air Conditioner
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, All Appliances
Features
- Windows: Window Coverings
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,957
- Total interior livable area: 2,957 sqft
Property
Parking
- Parking features: Alley Access
Features
- Levels: One and One Half
- Stories: 1.5
- Exterior features: Lighting
- Fencing: Partial,Fenced,Wood
Lot
- Size: 9,500 Square Feet
- Features: Curbs, Gutters, Sidewalks
Details
- Parcel number: R3261186
- Zoning: C-H
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Attached Dwelling, Multi Family
- Attached to another structure: Yes
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Electric, XCEL
- Water: City Water, City of Greeley
- Utilities for property: Electricity Available, Trash: Mountain High
Community & HOA
Community
- Subdivision: Beer & Thomas Sub
HOA
- Has HOA: No
Location
- Region: Greeley
Financial & listing details
- Price per square foot: $257/sqft
- Annual tax amount: $3,404
- Date on market: 4/24/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 5550
- Tenant pays: Electricity
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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