#1024883, Luke Angerhofer, Listing office: Prestigio Real Estate
1412 7th Ave Unit 1-5 Greeley, CO 80631
Property details
About 1412 7th Ave Unit 1-5
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.
Highlights
Summary
- Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer
- Basement: Yes
- Fireplace: None
- Total Bedroom Count: 8
- Parking: Alley Access
- Exterior: Lighting
- Heating: Baseboard, Wall Furnace
- Cooling: Air Conditioning
- List Price: $760,000
- Lot: Curbs, Sidewalk
- Year Built: 1880
- Stories: 1
- Lot Size: 0.22 Acres
- MLS Number: 1032142
- MLS Name: IRES MLS
- Office Name: Oneway.realty
- Office Phone: (970) 515-5004
- Listing Agent: Maggie Robel
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Last updated on: 6/24/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$760,000
1412 7th Ave Unit 1-5
$9,025
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Price information
Property sales
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Tax history
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Nearby schools
6
Martinez Elementary School
Public District KG-5
1.2 mi
•341 14th Ave
3
Maplewood Elementary School
Public District KG-5
1.2 mi
•1201 21st Ave
3
Jackson Elementary School
Public District KG-5
1.9 mi
•2002 25th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,283. Residents of Greeley, CO typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Greeley, CO
Transportation in Greeley includes a mix of public transit options and roadways that facilitate travel within the city and to neighboring areas. The city's public bus service operates on a set schedule, providing residents with reliable transportation. While ride-sharing services are available, the city also promotes walkability and bikeability, with certain areas being particularly pedestrian-friendly. The road network includes access to major highways, making commuting and regional travel convenient for residents.
The community is served by a comprehensive array of services, including a well-established public school system, several higher education institutions, and a network of healthcare facilities that provide a range of medical services. Retail and dining options are plentiful, reflecting the local culture and offering residents a variety of choices. Greeley has been proactive in adapting its services to meet the evolving needs of its diverse population.
Greeley is known for its vibrant community spirit and cultural richness. The city prides itself on its annual events, such as the Greeley Stampede, which showcases the area's deep-rooted history in agriculture and rodeo. The community's character is further defined by its commitment to arts and education, with numerous public art installations and a strong presence of higher education institutions contributing to the local ambiance.
Greeley's housing market is diverse, offering a range of options from single-family homes to multi-family apartments and townhouses. The architectural styles vary, with a mix of contemporary, ranch-style, and bungalow homes. A significant portion of the housing stock was built during a period of growth in the late 20th century, with many properties dating back to the 1970s and 1980s. The homeownership rate in Greeley is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.
About 1412 7th Ave Unit 1-5
The listing price of 1412 7th Ave Unit 1-5 property is $760,000.
The property 1412 7th Ave Unit 1-5 is a townhouse located in Greeley, Colorado, 80631.
Active Listing: 1412 7th Ave Unit 1-5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1412 7th Ave Unit 1-5 are: Martinez Elementary School (GreatSchools Rating 6/10), Maplewood Elementary School (GreatSchools Rating 3/10), Jackson Elementary School (GreatSchools Rating 3/10), Heath Middle School (GreatSchools Rating 2/10), Salida del Sol Academy (GreatSchools Rating 3/10), James Madison STEAM Academy (GreatSchools Rating 6/10), Jefferson Junior/Senior High School (GreatSchools Rating 1/10), Greeley Central High School (GreatSchools Rating 4/10), Frontier Charter Academy (GreatSchools Rating 5/10).
The property at 1412 7th Ave Unit 1-5 has 8 bedrooms and 5 bathrooms.
The year of construction for 1412 7th Ave Unit 1-5 is 1880.
This home is located at 1412 7th Ave Unit 1-5 in Greeley, CO and zip code 80631. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $760,000.
Greeley, CO housing market in May 2025 saw over 41 listings sold above listed price, more than 46 sold at listed price and over 49 sold below. Between April and May 2025, Greeley, CO real estate market has seen increase in the number of listings by 13.8%. While the average time on the market in May 2025 was 31 days, the median list price was $424,112.