#IR1037535, Michele Gerbitz, Listing office: True Abundance Prop Management
#IR1029227·
Listing office: Ambassador Colorado, High Point Homes·
Listing agent: Darin Slocum·
Listing office phone: 9704007077, 9708171492
$650,000 List price
1525 11th Ave Greeley, CO 80631
0.2 acres
Multi-Family
Property details
About 1525 11th Ave
GREAT INVESTMENT OPPORTUNITY!! Multi-unit house that can offer up to 8 Bedrooms that is just 3 blocks from UNC Campus. The property was just recently updated in Jan 2025 with all new electrical, new carpet, new LVP, new paint, new coin operated washer and dryer, new house furnace, new additional heating system in Unit 4 and some various new windows. Other previous and somewhat recent improvements, include a newer roof with class 4 shingles and a Sewer line replaced in 2023. Unit 1 (3 BD/1BT), located on the main floor and has its own front entrance with a large private covered porch. Unit 2 (1BD/1BT) and Unit 3 (2BD/1BT) are basement units with a shared exterior entry for both units. Unit 4 (1BD/1BT could also be used as a 2BD) is on the second level and and has its own private exterior entrance. Additionally, there is a large oversized 2 car detached garage that can allow for additional income and is currently rented. Overall, there are 7 parking spaces, not including the garage or on-street parking. Tenants are charged a flat fee for utilities which is included in rent. Potential NOI will be about $55K with Gross Income of $70K, leaving a CAP RATE of about 8.3 and GRM 9.3Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment. Easy access to HWY34 and HWY85.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
BasementYes
Lot size0.22 Acres
Year built1916
MLS #IR1029227
Summary
- Appliances: Disposal, Oven, Refrigerator
- Basement: Yes
- Heating: Forced Air
- List Price: $650,000
- Annual Tax Amount: $2,782
- Tax Year: 2023
- Lot: Flood Zone, Level, Sprinklers In Front
- Directions: From 10th Street head south on 11th Ave to property.
- Year Built: 1916
- Lot Size: 0.22 Acres
- MLS Number: IR1029227
- MLS Name: RECOLORADO
- Office Name: Ambassador Colorado, High Point Homes
- Listing Agent: Darin Slocum
Listings courtesy of REColorado as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2017 | Home Sold | $365,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,470 | $2,782 |
| 2022 | $28,220 | $2,460 |
| 2021 | $29,670 | $2,594 |
| 2020 | $26,440 | $2,304 |
| 2019 | $26,620 | $1,545 |
| 2018 | $18,660 | $1,553 |
| 2017 | $18,660 | $1,044 |
History based on county public records data.
Nearby schools
3
Maplewood Elementary School
Public District KG-5
0.9 mi
•1201 21st Ave
6
Martinez Elementary School
Public District KG-5
1.1 mi
•341 14th Ave
3
Jackson Elementary School
Public District KG-5
1.5 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 $26,053. Residents of Greeley, CO typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
63%
<35k
30%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
43%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
NBA/WNBA
Where do the neighbors shop?
Burlington
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Starbucks
What do the neighbors drive?
Dodge
Mazda
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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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 1525 11th Ave
The listing price of 1525 11th Ave property is $650,000.
The property 1525 11th Ave is a multi located in Greeley, Colorado, 80631.
Active Listing: 1525 11th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1525 11th Ave are: Maplewood Elementary School (GreatSchools Rating 3/10), Martinez Elementary School (GreatSchools Rating 6/10), Jackson Elementary School (GreatSchools Rating 3/10), Heath Middle School (GreatSchools Rating 2/10), James Madison STEAM Academy (GreatSchools Rating 6/10), Salida del Sol Academy (GreatSchools Rating 3/10), Greeley Central High School (GreatSchools Rating 4/10), Jefferson Junior/Senior High School (GreatSchools Rating 1/10), Frontier Charter Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,782 (source: MLS/based on county public records data).
The last sale was on December 22, 2017 for $365,000 (source: MLS/tax record).
The year of construction for 1525 11th Ave is 1916.
This home is located at 1525 11th Ave in Greeley, CO and zip code 80631. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $650,000.
In June 2025, from all listings sold in Greeley, CO there were more than 31 sold above asking price, over 45 sold below and more than 46 were sold right at the asked price. The number of homes for sale in Greeley, CO increased by 5.2% between May and June 2025. The median list price of listings available in June 2025 was $425,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.