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Renovated 8-Unit Apartment Building
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1509 3rd Ave, Greeley, CO 80631

Renovated brick apartment property with individually controlled air conditioning in every residence.

Property SizeContact for details
Days on Market142

Property Features for 1509 3rd Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Building Details

Year Built 1973
Buildings 1
Construction brick
Listing Agency: Unique Properties, Inc
Listed By: Elliott Polanchyck · License #CO
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:06PM

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 Unique Properties, Inc

Investment Insights

Based on property information with market context.

Located at 1509 3rd Ave in Greeley, this 8-unit apartment building offers eight one-bedroom, one-bathroom residences. The property was constructed in 1973 with brick exterior walls and a pitched composition-shingle roof. Interior improvements include updated flooring, cabinetry, countertops, and bathroom finishes, while each residence has its own AC unit.

Recent capital work includes new windows, an updated exterior paint finish, a replacement parking lot, and perimeter fencing. The building is positioned less than half a mile from the University of Northern Colorado, providing proximity to a major local institution. The combination of renovated interiors, recent exterior improvements, and an eight-unit configuration defines the property’s current offering.

Key Highlights

  • 8‑unit apartment building with eight one‑bedroom, one‑bathroom residences
  • Built in 1973 with classic brick construction and a composition shingle pitched roof
  • Complete renovation includes updated flooring, cabinets, countertops, and bathrooms

Property Analytics

Current Use

1509 3rd Ave Apartment Building

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Florist Pet Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

934
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

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?
Apartment building - Renovated brick apartment property with individually controlled air conditioning in every residence.
Where is this apartment building located?
The property is located at 1509 3rd Ave Greeley, CO.
What are key features of this property?
This property features: 8‑unit apartment building with eight one‑bedroom, one‑bathroom residences; Built in 1973 with classic brick construction and a composition shingle pitched roof; Complete renovation includes updated flooring, cabinets, countertops, and bathrooms
(214) 616-2695 Call to check price and availability
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