Remodeled Five-Unit Apartment
For Sale
$725,000
1412 7th Ave, Greeley, CO 80631
Five apartments with recent renovations, separate electric metering, shared laundry, and professional management in place.
Property SizeContact for details
Days on Market116
Property Features for 1412 7th Ave
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
2 x 1BR, 3 x 2BR
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$3,547
Amenities
shared laundry room
Building Details
Year Built
1880
Year Renovated
2024
Units
5
Listing Agency:
(970) 744-8036
Listed By:
Dakota Sedillo
(970) 744-8036
Source:
Elliman
Added: May 9
Changed: Aug 30
Last Checked: Aug 31 at 1:50PM
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 Dakota Sedillo
Investment Insights
Based on property information with market context.
This five-unit apartment property includes two one-bedroom residences and three two-bedroom residences. Most apartments underwent comprehensive renovation in 2024, including windows, kitchens, bathrooms, appliances, flooring, paint, and fixtures. Exterior paint, landscaping, and deck improvements were also completed in 2024. Unit 5, built in 1990, has a private laundry room, while units 1–4 share a laundry area. The property itself dates to 1880.
Current occupancy is 100%, with residents on 12-month leases; notice has been received for one unit expected to become vacant in the next month or so. Electricity is separately metered to the apartments, while ownership pays water, trash, and common electric. Professional management is in place, and the property reports a cap rate above 7%. Located at 1412 7th Ave in Greeley, the address has a Walk Score of 80 and a Bike Score of 69.
Current occupancy is 100%, with residents on 12-month leases; notice has been received for one unit expected to become vacant in the next month or so. Electricity is separately metered to the apartments, while ownership pays water, trash, and common electric. Professional management is in place, and the property reports a cap rate above 7%. Located at 1412 7th Ave in Greeley, the address has a Walk Score of 80 and a Bike Score of 69.
Key Highlights
- Five units: two 1‑bedroom apartments and three 2‑bedroom apartments
- Most units comprehensively remodeled in 2024, including kitchens, baths, windows, flooring, and appliances
- 100% occupancy with tenants on 12‑month leases; notice received for 1 unit moving out
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,326
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?
Apartment building - Five apartments with recent renovations, separate electric metering, shared laundry, and professional management in place.
Where is this apartment building located?
The property is located at 1412 7th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five units: two 1‑bedroom apartments and three 2‑bedroom apartments; Most units comprehensively remodeled in 2024, including kitchens, baths, windows, flooring, and appliances; 100% occupancy with tenants on 12‑month leases; notice received for 1 unit moving out
