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1938 7th Ave

Greeley, CO 80631

4 beds
2 baths
1,662 sqft
$246 per sqft
1925 build
– on site

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Calling All INVESTORS and Smart HOUSE HACKERS who love a solid Cap Rate and Rent Ratio! Investors, check out the possibilities with High Density Zoning to add 4 units on the back of this 9500 sq ft. lot! House hackers, this could be the property for you; Live in one and rent out the other to cover significant part of the mortgage! Great duplex that cash flows with current rates! Located just a few blocks from UNC, Jackson Field, and newly redeveloped downtown. This property has strong rental history and is set up as 2 separate 2b/1ba units with shared laundry area, but potential as a single family residence as well. Large fenced yard with lots of possibilities. Main level is leased at $1400 through 5/31/2025 and basement unit tenant at $1300 through 6/30/24 (but would like to stay) Kitchens and baths in both units were remodeled in 2019 with new LVP Flooring and Paint in 2022. Siding needs a little love so please only submit an offer accordingly as sellers will make no improvements; priced accordingly. Please note there is no sign in the yard.

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 8, 2025 •

MLS# 3210443 —

The Building

Year Built:

1925
New Construction:

false
Construction Materials:

Wood/Frame
Structure Type:

Duplex
Building Area Total:

1662
Total SqFt:

1662
Roof:

Composition
Levels:

Two
Stories:

2
# of Units Total:

2
Basement:

Partially Finished
Patio And Porch Features:

Patio
Above Grade Finished Area:

846
Below Grade Finished Area:

816

Interior

Laundry Features:

Common Area

Room Dimensions

Living Area:

1662
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Exterior Maintenance

Location

Coordinates:

-104.688591, 40.40657
Latitude:

40.40657
Longitude:

-104.688591

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Gutters
Lot Size Units:

Square Feet
Exclusions:

Tenants personal property
Horse:

false
Water Source:

City Water
Waterfront:

false
Road Surface Type:

Dirt

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

1577

Beds

Bedrooms Total:

4

Baths

Total Baths:

2

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Room Air Conditioner
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Separate Meter Gas
Electric:

Electric, Separate Meter Electricity
Sewer:

City Sewer

Schools

Elementary School:

Maplewood
Middle Or Junior School:

Heath
High School:

Greeley Central
High School District:

Greeley 6

The Community

Subdivision Name:

Briggs
Association:

false
Spa:

false
Senior Community:

false

Parking

Garage:

true
Attached Garage:

false
Garage Type:

Off Street
Garage Spaces:

4
Covered Spaces:

4
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

1
Bedrooms Unit 2:

2
Total Baths Unit 2:

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
5/17/24 May 17, 2024	Sold	IRES	$410,000	3.8%
4/19/24 Apr 19, 2024	Pending	IRES	$395,000
4/12/24 Apr 12, 2024	Listed / Active	IRES	$395,000

Multifamily Sold on 5/17/2024

$410,000

Listing provided by broker:

Lisa Schoen

Lisa@KhayaRealEstate.com,303-931-0689

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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

1938 7th Ave

Greeley, CO 80631