East Greeley Cash-Flowing
For Sale
$475,000
Pending
1315 3rd Ave, Greeley, CO 80631
Fourplex in East Greeley with immediate income and upside potential.
Property SizeContact for details
Days on Market111
Property Features for 1315 3rd Ave
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1940
Listing Agency:
ARI Real Estate & Investments LLC
(720) 935-8115
Listed By:
Art Gonzalez · License #100078190
(720) 935-8115
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 8:22AM
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 ARI Real Estate & Investments LLC
Investment Insights
Based on property information with market context.
This fourplex is located in the heart of East Greeley. It is a value-add asset with long-term, stable tenants. The property offers immediate rental income. There is upside potential as all units are on short-term or at-will leases, providing a path to market-rate rent adjustments. The location provides easy access to HWY 85 and major employment hubs like JBS and Leprino Foods. The upper units are equipped with individual washer and dryer hookups, while the lower units benefit from a shared laundry area. Each unit has individual gas and electric meters. The bike score is 45, indicating it is somewhat bikeable, and the walk score is 49, indicating car-dependent.
Key Highlights
- Immediate rental income with long‑term, stable tenants.
- Significant upside potential through market‑rate rent adjustments.
- Ideally located with easy access to HWY 85 and major employment hubs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
689
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 - Fourplex in East Greeley with immediate income and upside potential.
Where is this quadplex located?
The property is located at 1315 3rd Ave Greeley, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Immediate rental income with long‑term, stable tenants.; Significant upside potential through market‑rate rent adjustments.; Ideally located with easy access to HWY 85 and major employment hubs.
