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Greeley, CO 80631 1412 7th Ave

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  • MLS# 1058347
  • 05/06/2026
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5
  • SQFT • 2,957

Home Details

Turnkey Multifamily Investment Opportunity in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive over 7% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. Currently have 100% Occupancy with tenants on 12-month leases. Notice received for 1 unit moving out in the next month or so. 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. Sewer line is newer and in good condition. There is additional plumbing in the backyard of the unit and potential opportunity add an additional garage structure with an ADU above- buyer/ buyers agent to verify due diligence/eligibility. 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.
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Interior Features for 1412 7th Ave

Other Interior Features

LivingAreaSourceAssessor
BasementPartially Finished
Fireplace FeaturesOne
FlooringWood
Interior AmenitiesWasher/Dryer Hookup
Window FeaturesWindow Coverings

General for 1412 7th Ave

AppliancesElectric Range, Dishwasher, Refrigerator, Disposal, Fire Alarm
Architectural StyleContemporary
AttributionContact9705155004
Cap Rate7.3
CityGreeley
Construction MaterialsBrick
CountyWeld
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricXcel
Elementary SchoolMaplewood
ExclusionsTenants personal property
Expected Active Date 2026-05-06
Gross Income64680
HOANo
HeatingHot Water
High SchoolNorthridge
High School DistrictGreeley 6
LevelsTwo
MLS AreaGreeley/Weld
Middle/Junior High SchoolHeath
Net Operating Income51133
New ConstructionNo
Number Of Units Total5
Operating Expense13547
Parcel NumberR3261186
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBeer & Thomas Sub
Tax Annual Amount3547
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Year Built1880
ZoningC-H

Exterior for 1412 7th Ave

FencingPartial
Irrigation Water Rights Y/NNo
Lot FeaturesHouse Faces West, Paved, Curbs, Gutters, Sidewalks, Mineral Rights Excluded
Lot Size Acres0.22
Lot Size Area9500
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourceCity
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 $699,999
MLS#1058347
List Date 05/06/2026
Property Type Income
Phone 970.988.8295
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Request Info
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