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    The Largest CRE Database in the US with Over 1 Million Listings

    1525 11Th Ave Greeley, CO 80631

    Sponsored
    For Sale
    $535,000

    MULTI_FAMILY - Other - Greeley, CO

    Type:Single Family Residence
    Property size:
    3,624 SF
    Lot size:
    0.22 Acres
    Days on Market:
    90
    Last Refresh:
    Jan 26 at 1:06 pm

    Property Features for 1525 11Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Window features
    Window Coverings
    Zoning
    Res
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 7, Basement, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5
    Bedrooms
    7
    APN
    R3078086
    Parking
    4
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Basement
    Partially Finished
    Appliances
    Electric Range, Gas Range, Refrigerator, Disposal, Fire Alarm
    Size
    3,624 SF
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    4
    Building materials
    Frame, Wood Siding
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Darin Slocum

    Ambassador Colorado (970) 412-8869

    Listing agent Darin Slocum (970) 400-7077

    Listing date Oct 29, 2025

    MLS# 1029227

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Updated Multi-Unit Near UNC Campus

    This multi-unit property, located just 3 blocks from the UNC Campus, presents a significant investment opportunity. The property features up to 8 bedrooms across multiple units and has been recently updated in January 2025 with new electrical systems, carpet, LVP flooring, paint, a coin-operated washer and dryer, a new house furnace, an additional heating system in Unit 4, and some new windows. Previous improvements include a newer roof with class 4 shingles and a sewer line replaced in 2023. Unit 1, situated on the main floor, offers 3 bedrooms and 1 bathroom, along with a private front entrance and a large covered porch. Units 2 and 3 are basement units, featuring 1 bedroom/1 bathroom and 2 bedrooms/1 bathroom respectively, and share an exterior entry. Unit 4, located on the second level, includes 1 bedroom and 1 bathroom (potentially usable as a 2-bedroom unit) and has its own private exterior entrance. A large, oversized 2-car detached garage is also present and currently rented for additional income. The property includes 7 parking spaces, excluding the garage and on-street parking. Tenants are charged a flat fee for utilities, which is included in the rent. The property is within walking distance of the UNC campus, soccer and baseball fields, and minutes from Downtown Greeley's restaurants, bars, and entertainment venues, with easy access to HWY34 and HWY85. The lot size is 0.22 acres and the property size is 3624 square feet. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -104.69669
    Latitude
    40.41467

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    FAQs

    What type of property is this?
    Quadplex - Fully rented multi-unit property near UNC with recent updates.
    Where is this quadplex located?
    The property is located at 1525 11Th Ave Greeley, CO.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - Fully rented multi-unit property offering up to 8 bedrooms, providing immediate rental income.; - Located just 3 blocks from UNC campus, making it highly desirable for student renters.; - Recent updates in Jan 2025 include new electrical, carpet, LVP, paint, coin operated washer/dryer, house furnace, additional heating in Unit 4, and some new windows.
    (970) 412-8869
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    1525 11Th Ave Greeley, CO 80631
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    Greeley, CO 80631
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1525 11Th Ave Greeley, CO 80631
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    We can help!
    Listing Contact
    Darin Slocum
    (970) 412-8869
    Learn more
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