Well-Maintained Fourplex
For Sale
$625,000
1937 7th Ave, Greeley, CO 80631
Turnkey fourplex with professionally managed units and current gross monthly income supported by added garage rental revenue.
Property SizeContact for details
Days on Market49
Property Features for 1937 7th Ave
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,122
Building Details
Year Built
1910
Units
4
Listing Agency:
Element Real Estate & Investments
(970) 222-7110
Listed By:
Troy Hiebsch · License #40033228
(970) 222-7110
Source:
Elliman
Added: Jul 3
Changed: Aug 8
Last Checked: Aug 20 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Element Real Estate & Investments
Investment Insights
Based on property information with market context.
This well-maintained fourplex is offered as a turnkey investment and is professionally managed. The property provides four residential units, with current gross monthly income listed at $5,555, including $100 per month in garage rental income. Designed for straightforward ownership, the building is presented as well kept and maintained, with an established rental history.
The property is conveniently located about one block from the University of Northern Colorado, placing it near downtown Greeley and close to shopping, restaurants, parks, and everyday amenities. Bike and walkability scores are also provided, with a bikeScore of 71 (very bikeable) and a walkScore of 62 (somewhat walkable).
For investors seeking a residential income property with ongoing rental operations, this fourplex offers a complete, managed setup. The listing indicates strong occupancy history and consistent tenant demand, and it is positioned to appeal to renters drawn to the university-area location. Please note that 24+ hours notice is required for all showings.
The property is conveniently located about one block from the University of Northern Colorado, placing it near downtown Greeley and close to shopping, restaurants, parks, and everyday amenities. Bike and walkability scores are also provided, with a bikeScore of 71 (very bikeable) and a walkScore of 62 (somewhat walkable).
For investors seeking a residential income property with ongoing rental operations, this fourplex offers a complete, managed setup. The listing indicates strong occupancy history and consistent tenant demand, and it is positioned to appeal to renters drawn to the university-area location. Please note that 24+ hours notice is required for all showings.
Key Highlights
- Year built: 1910 fourplex with current gross monthly income of $5,555
- Garage rental income adds $100 per month to the current gross monthly income
- Professional management in place, offering a straightforward ownership transition
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey fourplex with professionally managed units and current gross monthly income supported by added garage rental revenue.
Where is this quadplex located?
The property is located at 1937 7th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Year built: 1910 fourplex with current gross monthly income of $5,555; Garage rental income adds $100 per month to the current gross monthly income; Professional management in place, offering a straightforward ownership transition
