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Remodeled Duplex
New
For Sale
$509,900

308 25th Ave Ct, Greeley, CO 80631

Residential Income, Greeley, CO

Property Size1,952 SF
Lot Size0.04 Acres
Price / SF$261.22
Days on Market4

Property Features for 308 25th Ave Ct

General Information

Property type Residential
Property subtype Duplex
Zoning Res
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Window features Window Coverings
Patio and Porch features Patio
Interior features Eat-in Kitchen, Cathedral Ceiling(s)
Fencing Fenced
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Subdivision 30825 Greeley Condo
Lot features Cul-De-Sac, Level, Paved, Water Rights Excluded, Mineral Rights Excluded
Elementary school James Madison STEAM Academy
Middle school Franklin
High school Northridge
Elementary school district Greeley 6
Middle school district Greeley 6
High school district Greeley 6
Standard status Active
APN R3480405
Size 1,952 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1385

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Building materials Frame
Roof type Composition
Architectural style Contemporary
Additional Structures Storage
Listing Agency: Resident Realty
Listed By: Lindsay Eisiminger
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 30 at 7:06AM
MLS# 1067414

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 contemporary duplex in Greeley includes two residential units totaling 1,952 square feet. Units A and B have each been remodeled within the last 6 years, with updates including appliances, sliding glass doors, windows, flooring, countertops, cabinets, interior paint, and exterior paint. Each side has a driveway, while the property also includes fencing and a patio. Interior features include eat-in kitchens and cathedral ceilings, supported by forced-air heating, central air, electric ranges, dishwashers, refrigerators, washers, and dryers.

Built in 1964 on 0.04 acres, the property is zoned Res and served by public sewer, with natural gas available. The two sides are offered together or separately, creating flexibility for an owner-occupant arrangement or rental use of both units. The property is located in Greeley, Colorado, in Weld County.

Key Highlights

  • Two‑unit duplex totaling 1,952 square feet
  • Units A and B remodeled within the last 6 years
  • Res zoning on a 0.04‑acre parcel

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
$22,465
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
4.41%
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%
$449,300 $449.3K
Cap Rate 7%
$320,929 $320.9K
Cap Rate 9%
$249,611 $249.6K
Market Conditions
NOI Build-Up for 1,952 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
$34.0K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$32.1K $16.44/SF
− OpEx
−$9.6K −$4.93/SF
NOI
$22.5K $11.51/SF
Area
Greeley, 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%
$449,300
Cap Rate 7%
$320,929
Cap Rate 9%
$249,611

Alternative Uses

Best Use
Multifamily LT 5
$320.9K
$280.8K – $374.4K (±1% cap)
NOI $22,465 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$294.7K
$257.9K – $343.9K (±1% cap)
NOI $20,631 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office B
$355.8K
$311.3K – $415.1K (±1% cap)
NOI $24,903 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Garden Center Pharmacy Daycare Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby

Demographics for 80631, CO

52,336
Population
18,871
Households
2.8
Avg Household Size
29
Median Age
18%
College-Educated
73%
High-School Grad
103.6 sq mi
ZIP Area
505
Density / Sq Mi
$52,470
Median Household Income
$33,062
Median Earnings
$1,209
Median Rent
$300,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated units offer flexible owner-occupant or rental use with separate driveways and fenced outdoor areas.
Where is this duplex located?
The property is located at 308 25th Ave Ct Greeley, CO.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,952 square feet; Units A and B remodeled within the last 6 years; Res zoning on a 0.04‑acre parcel
More about this property
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