Mixed-Use Residential Income
For Sale
$925,000
214 7th St, Windsor, CO 80550
MULTI_FAMILY - Windsor, CO
Property Size7,333 SF
Lot Size0.38 Acres
Price / SF$126.14
Days on Market167
Property Features for 214 7th St
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
CB
Bedrooms
10
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Dining Room, Bedroom 3, Bedroom 5, Bedroom 6, Basement
Interior features
Eat-in Kitchen, Separate Dining Room
Exterior features
Sprinkler System
Basement
Partially Finished, Full
Appliances
No Units Furnished
Subdivision
Bowmans Add
Lot features
Level, House Faces East, City Limits, Paved, Curbs, Sidewalks, Alley, Irrigation Well Excluded, Mineral Rights Excluded
Elementary school
Skyview
Middle school
Windsor
High school
Windsor
Elementary school district
Weld RE-4
Middle school district
Weld RE-4
High school district
Weld RE-4
Standard status
Active
APN
R1432986
Size
7,333 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3929
Utilities
Utilities
Natural Gas Available
Heating system
Baseboard
Building Details
Year built
1917
Number of units
6
Building materials
Brick
Roof type
Composition
Additional Structures
Storage
Listing Agency:
RE/MAX Alliance-Greeley · RE/MAX International
(970) 330-5000
Listed By:
Al Detmer
(970) 381-6764
Added: Feb 26
Changed: Aug 1
Last Checked: Aug 12 at 3:06AM
MLS# 1052415
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use residential income property includes a residential triplex with one 5-bedroom unit and two 1-bedroom units, along with a separate 3-bedroom single-family home. The offering also features a storage building and an additional lot at 216 7th St, which includes an oversized garage with alley access.
The property is located in Windsor, Colorado and is zoned CB. It is described as being just south of the high-traffic intersection of Main St (Hwy 392) and 7th St (Hwy 257).
The Town of Windsor indicates that certain future changes would be subject to Approval by Review, including potential live/work or full business conversion. Financial information provided is based on projected market rents and assumes future finished spaces, as noted in the remarks.
The property is located in Windsor, Colorado and is zoned CB. It is described as being just south of the high-traffic intersection of Main St (Hwy 392) and 7th St (Hwy 257).
The Town of Windsor indicates that certain future changes would be subject to Approval by Review, including potential live/work or full business conversion. Financial information provided is based on projected market rents and assumes future finished spaces, as noted in the remarks.
Key Highlights
- Residential triplex plus separate 3‑bedroom single‑family home: one 5‑bed unit and two 1‑bed units, along with a separate 3‑bedroom house
- Second lot at 216 7th St: 3,300 SF lot with an oversized garage and alley access
- Brick construction with composition roof and baseboard heating (year built 1917)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,395
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,687,900
$1.7M
Cap Rate 7%
$1,205,643
$1.2M
Cap Rate 9%
$937,722
$937.7K
Market Conditions
NOI Build-Up for 7,333 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$127.6K $17.40/SF
− Vacancy
−$7.0K −$0.96/SF
EGI
$120.6K $16.44/SF
− OpEx
−$36.2K −$4.93/SF
NOI
$84.4K $11.51/SF
Area
Weld County, CO
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,687,900
Cap Rate 7%
$1,205,643
Cap Rate 9%
$937,722
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.05M – $1.41M
NOI $84,395 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$1.11M
$968.8K – $1.29M
NOI $77,504 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office B
$1.34M
$1.17M – $1.56M
NOI $93,551 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Commercially zoned triplex plus a separate three-bedroom home on a downtown lot with storage and alley access.
Where is this triplex located?
The property is located at 214 7th St Windsor, CO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Residential triplex plus separate 3‑bedroom single‑family home: one 5‑bed unit and two 1‑bed units, along with a separate 3‑bedroom house; Second lot at 216 7th St: 3,300 SF lot with an oversized garage and alley access; Brick construction with composition roof and baseboard heating (year built 1917)
