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1525 11th Ave

Greeley, CO 80631

7 beds
4 baths
– sqft
9,583 sqft lot
1916 build
– on site

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.

Listing courtesy of IRES

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# 1029227 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1916
New Construction:

false
Construction Materials:

Wood/Frame
Structure Type:

Legal Conforming
Total SqFt:

3624
Roof:

Composition
Levels:

Two
Stories:

2
# of Units Total:

4
Basement:

Partially Finished
Direction Faces:

East
Window Features:

Window Coverings
Patio And Porch Features:

Patio
Accessibility Features:

Main Floor Bath

Interior

Interior Features:

Satellite Avail

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Deposit

Location

Directions:

From 10th Street head south on 11th Ave to property.
Coordinates:

-104.69669, 40.41467
Latitude:

40.41467
Longitude:

-104.69669

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Parcel Number:

R3078086
Lot Features:

Curbs
Lot Size Acres:

0.22
Lot Size SqFt:

9583
Lot Size Area:

9583
Lot Size Units:

Square Feet
Zoning:

Res
Possible Use:

Single Family
Exclusions:

Tenants Personal Property
Horse:

false
Other Structures:

Storage
Water Source:

City Water, City of Greeley
Waterfront:

false
Road Frontage Type:

City Street
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2918

Beds

Bedrooms Total:

7

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Atmos
Electric:

Electric, XCEL
Sewer:

City Sewer

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Maplewood
Middle Or Junior School:

Heath
High School:

Greeley Central
High School District:

Greeley 6

The Community

Subdivision Name:

Seaman & Cranfords Sub Of E2 B156&161
Association:

false
HOA Transfer Fees:

No
HOA 2 Transfer Fee:

No
Spa:

false
Senior Community:

false

Parking

Parking Features:

Alley Access
Other Parking:

Parking Per Unit(1 Space/Unit)

Extra Units

Bedrooms Unit 1:

3
Total Baths Unit 1:

1
Bedrooms Unit 2:

1
Total Baths Unit 2:

1
Bedrooms Unit 3:

2
Total Baths Unit 3:

1
Bedrooms Unit 4:

1
Total Baths Unit 4:

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
3/24/25 Mar 24, 2025	Listed / Active	IRES	$650,000

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This multifamily located in University District, Greeley, CO 80631 is currently for sale for $650,000. 1525 11th Ave is a – square foot multifamily with 7 beds and 4 baths that has been on Estately for 1 days. 1525 11th Ave is in the University District neighborhood of Greeley and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Heath Middle School, Greeley Central 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