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Greeley, CO 80631 229 15th St

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Presented By: Pro Realty Inc; 9703531117
  • MLS# 1043374
  • 09/09/2025
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 16
  • SQFT • 6,080
  • Garage • 1

Home Details

Unique opportunity to own a modern 8-unit, well-kept property! Numbers provided in MLS are actual (not proforma). Includes 8 apartments that each have 2 beds and 2 baths. Additionally, there are 16 garages and 12 storage units, providing low-maintenance added revenue. The property has a new roof, and most of the units are updated with new windows, paint, appliances, and more. Apartment leases currently come with a 1 car garage and storage unit. The 8 two-car garages are rented separately. All tenants have been through background and credit checks. There is room to raise rents on most of the units. Coin-op laundry brings in additional income. Don't miss this one!
Presented By: Pro Realty Inc; 9703531117

Interior Features for 229 15th St

Bedrooms

Total Bedrooms16

Bathrooms

Total Baths16

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet
Window FeaturesWindow Coverings

General for 229 15th St

AccessibilityAccessible Approach with Ramp, Main Floor Bath, Main Level Bedroom
AppliancesElectric Range/Oven, Dishwasher, Refrigerator
Attached Garage No
Cap Rate6.89
CityGreeley
Construction MaterialsWood/Frame
CoolingWall/Window Unit(s)
CountyWeld
ElectricElectric, Separate Meter Electricity
Elementary SchoolMaplewood
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income146200
HOANo
HeatingHot Water
High SchoolNorthridge
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet19000
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolHeath
Net Operating Income103350
New ConstructionNo
Number Of Units Total16
Operating Expense42850
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameDeubachs Sub
Tax Annual Amount6202
Tax Year2024
Tenant PaysDeposit, Electricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Year Built1985
ZoningRH

Exterior for 229 15th St

FencingPartial
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot, Level
Lot Size Acres0.44
Lot Size Area19000
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Greeley
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Northridge High School
Elementary School Maplewood Elementary School
Middle School Heath Middle School

Nathan Washam

Broker/Owner
Price $1,500,000
MLS#1043374
List Date 09/09/2025
Property Type Income
Phone 970.988.8295
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