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Duplex with Attached Garages
For Sale
$415,000

1030 31st Ave, Greeley, CO 80634

Residential Income, Greeley, CO

Property Size1,576 SF
Lot Size0.13 Acres
Price / SF$263.32
Days on Market55

Property Features for 1030 31st Ave

General Information

Property type Residential
Property subtype Duplex
Zoning RES
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking 1
Parking features Open
Interior features Eat-in Kitchen, Washer/Dryer Hookup, Outside Entry, 6-Panel Doors
Exterior features Sprinkler System
Fencing Fenced, Chain Link
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances, Disposal, Fire Alarm
Subdivision Hunter Heights 3rd Add
Lot features House Faces West, City Limits, Paved, Curbs, Gutters, Mineral Rights Excluded
View City
Elementary school Scott
Middle school Franklin
High school Greeley Central
Elementary school district Greeley 6
Middle school district Greeley 6
High school district Greeley 6
Standard status Active
APN R2181686
Size 1,576 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2015

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

in-unit washer and dryer

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Building materials Frame, Brick
Roof type Composition
Listing Agency: Group Greeley
Listed By: Cathy Goza · License #40027771
Added: Aug 13 Changed: Sep 26 Last Checked: Oct 6 at 7:06PM
MLS# 1066451

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 residential duplex contains two matching units, each with 2 bedrooms, 1 bath, and a private one-car attached garage. The 1,576-square-foot property includes new flooring, 6-panel doors, eat-in kitchens, and a complete appliance package with refrigerator, dishwasher, electric range/oven, microwave, washer, and dryer. Central air and forced-air heating serve the units, with public water and public sewer in place.

The duplex is offered as part of a combined sale with the neighboring property at 1024-1026 31st Ave, creating a package of two side-by-side duplexes. Each unit in the package follows the same layout and finish plan. Tenants are responsible for electric, gas, and internet service. The property was built in 1960 and is zoned RES.

Key Highlights

  • Two‑bedroom, one‑bath units with private one‑car attached garages
  • 1,576 square feet on 0.13 acres
  • Two side‑by‑side duplexes offered together with 1024‑1026 31st Ave

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,138
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,760 $362.8K
Cap Rate 7%
$259,114 $259.1K
Cap Rate 9%
$201,533 $201.5K
Market Conditions
NOI Build-Up for 1,576 SF
Gross rent
$27.4K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.9K $16.44/SF
− OpEx
−$7.8K −$4.93/SF
NOI
$18.1K $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 Rate 5%
$362,760
Cap Rate 7%
$259,114
Cap Rate 9%
$201,533

Alternative Uses

Best Use
Multifamily LT 5
$259.1K
$226.7K – $302.3K (±1% cap)
NOI $18,138 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$238.0K
$208.2K – $277.6K (±1% cap)
NOI $16,657 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office B
$287.2K
$251.3K – $335.1K (±1% cap)
NOI $20,106 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Law Firm Cosmetic Store Travel Agency

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 80634, CO

65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units feature updated finishes, full appliance packages, and in-unit laundry.
Where is this duplex located?
The property is located at 1030 31st Ave Greeley, CO.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath units with private one‑car attached garages; 1,576 square feet on 0.13 acres; Two side‑by‑side duplexes offered together with 1024‑1026 31st Ave
More about this property
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