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Duplex with Basement Unit
For Sale
$319,900

1326 14th Ave, Greeley, CO 80631

Residential Income, Greeley, CO

Property Size1,696 SF
Lot Size0.17 Acres
Price / SF$188.62
Days on Market100

Property Features for 1326 14th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RH
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Basement
Patio and Porch features Patio
Interior features Bay or Bow Window, Washer/Dryer Hookup
Fencing Chain Link, Fenced
Fireplace 1
Basement Full, Partially Finished
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Subdivision Cranfords 2nd Add
Lot features House Faces West, Paved
Elementary school Maplewood
Middle school Heath
High school Greeley Central
Elementary school district Greeley 6
Middle school district Greeley 6
High school district Greeley 6
Standard status Active
APN R3060386
Size 1,696 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1830

Utilities

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

Amenities

firepit area
shared laundry

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Building materials Stucco
Roof type Composition
Architectural style Cottage
Listing Agency: Realty One Group Fourpoints
Listed By: Colleen Carithers · License #40011780
Added: Jun 29 Changed: Oct 6 Last Checked: Oct 6 at 3:06PM
MLS# 1063009

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 1,696-square-foot cottage, built in 1925, includes a basement unit with a month-to-month lease. Laundry is shared at the basement entrance. The home features refinished hardwood floors, an updated kitchen with a dishwasher and new countertops, and updated electrical and lighting. A newer roof and windows are also noted. Included appliances are an electric range, dishwasher, refrigerator, washer, and dryer.

The property occupies a 0.17-acre lot with a patio, firepit area, and fenced yard. A one-car garage provides additional on-site storage or parking. Zoning is RH; public water and sewer serve the property.

Key Highlights

  • 1,696‑square‑foot cottage with a basement unit
  • Basement unit is leased month‑to‑month
  • 0.17‑acre lot with patio, firepit area, and fenced yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,519
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,380 $390.4K
Cap Rate 7%
$278,843 $278.8K
Cap Rate 9%
$216,878 $216.9K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$29.5K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.9K $16.44/SF
− OpEx
−$8.4K −$4.93/SF
NOI
$19.5K $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 Rate 5%
$390,380
Cap Rate 7%
$278,843
Cap Rate 9%
$216,878

Alternative Uses

Best Use
Multifamily LT 5
$278.8K
$244.0K – $325.3K (±1% cap)
NOI $19,519 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$256.1K
$224.1K – $298.8K (±1% cap)
NOI $17,925 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office B
$309.1K
$270.5K – $360.6K (±1% cap)
NOI $21,637 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Dental Office Tech Support Center Electrical Service Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,208
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
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 - A month-to-month basement unit adds a second living area, with shared laundry near its entrance.
Where is this duplex located?
The property is located at 1326 14th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1,696‑square‑foot cottage with a basement unit; Basement unit is leased month‑to‑month; 0.17‑acre lot with patio, firepit area, and fenced yard
More about this property
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