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    1218 8Th St Greeley, CO 80631

    New
    For Sale
    $395,000

    Residential Income - Greeley, CO

    Property size:
    2,011 SF
    Lot size:
    0.13 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 1218 8Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RES
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    Size
    2,011 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1892
    Floors in Building
    2
    Architectural style
    Other

    RE/MAX Alliance (877) 412-4811 [email protected]

    Listing agent Christina Koder (877) 412-4811

    Listing date Dec 9, 2025

    MLS# 1047594 Listing URL

    Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Greeley Triplex Investment Opportunity

    This triplex presents an investment opportunity in Downtown Greeley. Major improvements have been completed, including two new furnaces, three new water heaters, and a new roof installed in 2024. The property includes three units: Unit 1, located on the main floor, features one bedroom and a 3/4 bath and is currently rented for $1300 per month. Unit 2, also on the main floor, offers one bedroom and one bath, with recent updates including new carpet and paint, and was recently rented for $1050 per month. Unit 3, situated on the upper level, includes two bedrooms and one bath, and has been refreshed with new paint, carpet, kitchen countertops, and flooring, and is currently rented for $1300 per month. The property operates at an 8.41% cap rate. Updated GFCIs are installed throughout. The building has three separate meters. A storage shed is included. The property is located near downtown shops and restaurants. The lot size is 0.13 acres and the property size is 2011 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.699023
    Latitude
    40.424662

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    FAQs

    What type of property is this?
    Triplex - Updated triplex in downtown Greeley with strong rental income.
    Where is this triplex located?
    The property is located at 1218 8Th St Greeley, CO.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - High-performing investment property with an **8.41% cap rate**.; - Recent major improvements: **new roof (2024), two new furnaces, and three new water heaters**.; - Fully rented units generating **$3650/month** in rental income.
    (877) 412-4811
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    1218 8Th St Greeley, CO 80631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1218 8Th St Greeley, CO 80631
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