Fully Leased Investment
For Sale
$545,000
1410-1416 13th Street, Greeley, CO 80631
Four-unit property, fully leased, generating immediate income.
Property Size3,936 SF
Price / SF$138.47
Days on Market427
Property Features for 1410-1416 13th Street
General Information
Standard status
Active
Size
3,936 SF
Property subtype
Quadruplex
Amenities
Forced Air
Oven
Patio, Separate Gas, Electricity Available, Internet Access (Wired), Natural Gas Available, Separate Electric, Composition
Building Details
Building Size
3,936 SF
Year Built
1957
Listing Agency:
Priority Realty
Listed By:
Bret Pachello · License #IR1040847
(303) 857-4436
Source:
Kw
Added: Aug 6, 2025
Changed: Sep 30
Last Checked: Oct 5 at 3:24PM
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 Priority Realty
Investment Insights
Based on property information with market context.
This fully leased four-unit property presents a great investment opportunity, offering immediate cash flow. All units have separate entrances and are occupied by reliable tenants on month-to-month or yearly leases. Unit 1, located on the main floor, features 2 bedrooms and 2 bathrooms, a front and back patio, and a 1-car attached garage. Unit 2, also on the main floor, includes 3 bedrooms, 1 bathroom, a 1-car attached garage with a basement, and a front patio. Unit 3, situated in the basement, offers 1 bedroom, 1 bathroom, and off-street parking. Unit 4, also in the basement, features 2 bedrooms, 2 bathrooms, and off-street parking. Washer and dryer hookups are available in units 1410 and 1416. The property is in a prime location near downtown, dining, transit, schools, and the university. Each unit has a separate furnace, gas/electric meters, and water heaters, with tenants responsible for their own gas and electric bills. The owner covers trash, water, and sewer expenses. There is one water meter for all units. The exterior was repainted in late July. The property size is 3936 square feet.
Key Highlights
- Fully leased 4‑unit property provides immediate cash flow from day one.
- Prime location near downtown, dining, transit, schools, and university.
- All units have separate entrances, furnaces, gas/electric meters, and water heaters.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,299
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,980
$906.0K
Cap Rate 7%
$647,129
$647.1K
Cap Rate 9%
$503,322
$503.3K
Market Conditions
NOI Build-Up for 3,936 SF
Gross rent
$68.5K $17.40/SF
− Vacancy
−$3.8K −$0.96/SF
EGI
$64.7K $16.44/SF
− OpEx
−$19.4K −$4.93/SF
NOI
$45.3K $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%
$905,980
Cap Rate 7%
$647,129
Cap Rate 9%
$503,322
Alternative Uses
Best Use
Multifamily LT 5
$647.1K
$566.2K – $755.0K
NOI $45,299 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$594.3K
$520.0K – $693.4K
NOI $41,601 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office B
$717.3K
$627.7K – $836.9K
NOI $50,214 @ 7.0% cap · market cap 9.21%
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
985
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
Check the figures for this property
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?
Quadplex - Four-unit property, fully leased, generating immediate income.
Where is this quadplex located?
The property is located at 1410-1416 13th Street Greeley, CO.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Fully leased 4‑unit property provides immediate cash flow from day one.; Prime location near downtown, dining, transit, schools, and university.; All units have separate entrances, furnaces, gas/electric meters, and water heaters.
