Updated Duplex with Basement
For Sale
$319,900
1326 14th Ave, Greeley, CO 80631
Well-maintained duplex with a separate lower-level unit, updated finishes, and a detached one-car garage on a sizable lot.
Property Size1,696 SF
Price / SF$188.62
Days on Market55
Property Features for 1326 14th Ave
General Information
Standard status
Active
Size
1,696 SF
Property subtype
Mixed Use
Building Details
Year Built
1925
Listing Agency:
Realty One Group Fourpoints
Listed By:
Colleen Carithers · License #40011780
(970) 405-8663
Source:
Thestrohmangroup
Added: Aug 13
Changed: Sep 2
Last Checked: Oct 5 at 7:38PM
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 Realty One Group Fourpoints
Investment Insights
Based on property information with market context.
This 1,696-square-foot duplex, built in 1925, combines a maintained primary residence with a separate basement unit leased month to month. Interior improvements include refinished hardwood flooring, upgraded lighting, updated electrical work, and a refreshed kitchen with a dishwasher and new countertops. A newer roof and windows add to the property's recent improvements.
The property is located at 1326 14th Ave in Greeley, Colorado, on a large lot with a designated firepit area. A sturdy, dry one-car garage provides covered parking and storage. The separate lower-level layout and existing lease arrangement offer flexibility for an owner-occupant or multifamily buyer.
The property is located at 1326 14th Ave in Greeley, Colorado, on a large lot with a designated firepit area. A sturdy, dry one-car garage provides covered parking and storage. The separate lower-level layout and existing lease arrangement offer flexibility for an owner-occupant or multifamily buyer.
Key Highlights
- 1,696 SF duplex on a large lot in Greeley
- Separate basement unit with a month‑to‑month lease
- Refinished hardwood floors and upgraded lighting
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
NOI $19,519 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$256.1K
$224.1K – $298.8K
NOI $17,925 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office B
$309.1K
$270.5K – $360.6K
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
Location Intelligence
Trade Area within ½ mile
2,208
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with a separate lower-level unit, updated finishes, and a detached one-car garage on a sizable lot.
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 SF duplex on a large lot in Greeley; Separate basement unit with a month‑to‑month lease; Refinished hardwood floors and upgraded lighting
