$7,303 Closing Credit¹
#IR1021960, Wayne Lewis, Listing Office: LC Real Estate Group, LLC
#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
$7,719
Closing credit¹
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
- 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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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 4/9/2025, 1:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$650,000
1525 11th Ave
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Greeley, CO residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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
About 1525 11th Ave
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.
Greeley, CO housing market in March 2025 saw over 25 listings sold above listed price, more than 40 sold at listed price and over 42 sold below. In March 2025 in Greeley, CO there were 19.9% more homes for sale than in February. The median list price of listings available in March 2025 was $424,977, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.