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Home » Real Estate » CO » Greeley » 80631 » 1218 8th St, Greeley, CO, 80631
$440,000

1218 8th St, Greeley, CO, 80631

4 Beds
3 Baths
2,011 Square Feet
Fully Rented Downtown Greeley Tri-Plex = Great Investment Opportunity! The major items have been taken care of including TWO NEW FURNACES, THREE NEW WATER HEATERS, NEW ROOF AND GUTTERS IN 2024! Discover an excellent opportunity to own a versatile multi-unit property in the heart of downtown Greeley! Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1050/mo. Unit 1 rent has a 20+ year tenant and rent will increase to $1300/mo in June, 2025. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint that is currently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint and carpet and is currently rented for $1300/mo. On June 1, 2025 this will be a 7.77 CAP RATE! In addition, there is a 1-car detached garage, a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.
Offered By
Christina Koder 9703305000, RE/MAX Alliance-Greeley

Property Details

Property Type Residential Income
Status Active Under Contract
Bedrooms 4
Property Sub Type Attached Dwelling
Square Feet 2,011
MLS # 1026065

Market Trends

New Properties On Market
39
77% Increase In New Listings
Average Asking Price
$556,274
$116,802 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$284
$88 Increase In List Price/Sq. Ft.
Average Days On Market
12
25 Day Decrease In Days On Market
Data as of Jun 15, 2025. Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
Information deemed reliable but not guaranteed by the MLS. 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 6/2/2025 at 12:06 am