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1412 7th Ave Unit 1-5

Greeley, CO 80631

8 beds
5 baths
– sqft
9,500 sqft lot
1880 build
– on site

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.

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 29, 2025 •

MLS# 1032142 —

The Building

Year Built:

1880
New Construction:

false
Construction Materials:

Wood/Frame
Total SqFt:

2,957 Sqft
Unit Number:

1-5
# of Units Total:

5
Roof:

Composition
Levels:

One and One Half
Basement:

Unfinished
Stories:

1.5
Window Features:

Window Coverings

Interior

Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Electricity

Location

Coordinates:

-104.68878, 40.41638
Latitude:

40.41638
Longitude:

-104.68878

The Property

Property Type:

Residential Income
Property Subtype:

Attached Dwelling
Parcel Number:

R3261186
Lot Features:

Curbs
Lot Size Acres:

0.22
Lot Size SqFt:

9,500 Sqft
Lot Size Area:

9500
Lot Size Units:

Square Feet
Zoning:

C-H
Possible Use:

Multi-Family
Horse:

false
Fencing:

Partial
Exterior Features:

Lighting
Waterfront:

false
Property Attached:

true
Road Frontage Type:

City Street
Road Surface Type:

Paved
Has Water Rights:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$3,404

Beds

Bedrooms Total:

8

Baths

Total Baths:

5

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

Room Air Conditioner
Cooling:

true

Utilities

Utilities:

Electricity Available
Electric:

Electric, XCEL
Water Source:

City Water, City of Greeley

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Maplewood
Middle School:

Heath
High School:

Northridge
High School District:

Greeley 6

The Community

Association:

false
Subdivision Name:

Beer & Thomas Sub
Spa:

false
Senior Community:

false

Parking

Parking Features:

Alley Access

Extra Units

Bedrooms Unit 1:

1
Total Baths Unit 1:

1
Bedrooms Unit 2:

2
Total Baths Unit 2:

1
Bedrooms Unit 3:

2
Total Baths Unit 3:

1
Bedrooms Unit 4:

1
Total Baths Unit 4:

1
Bedrooms Unit 5:

2
Total Baths Unit 5:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/24/25 Apr 24, 2025	Listed / Active	IRES	$760,000

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This multifamily located in Downtown Greeley, Greeley, CO 80631 is currently for sale for $760,000. 1412 7th Ave Unit 1-5 is a – square foot multifamily with 8 beds and 5 baths that has been on Estately for 23 days. 1412 7th Ave Unit 1-5 is in the Downtown Greeley neighborhood of Greeley and has a WalkScore® of 79, making it very walkable. This multifamily is in the attendance area of Heath Middle School, Northridge High School, and Maplewood Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS