Updated 3-Unit
For Sale
$529,900
1520 N 25th Avenue Ct, Greeley, CO 80631
Residential Income, Greeley, CO
Property Size2,202 SF
Lot Size0.70 Acres
Price / SF$240.64
Days on Market50
Property Features for 1520 N 25th Avenue Ct
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RES
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 4, Bedroom 3, Bedroom 4
Parking
12
Patio and Porch features
Patio
Interior features
Washer/Dryer Hookup
Basement
Crawl Space
Appliances
Electric Range, Gas Range, Dishwasher, Refrigerator, Disposal, Fire Alarm
Subdivision
ESPANOLA
Lot features
Corner Lot, Deciduous Trees, House Faces South, City Limits, Paved, Mineral Rights Excluded
Elementary school
Winograd
Middle school
Winograd
High school
Northridge
Elementary school district
Greeley 6
Middle school district
Greeley 6
High school district
Greeley 6
Standard status
Active
APN
R1346786
Size
2,202 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1357
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Baseboard
Cooling system
Central Air
Water source
Public
Amenities
shared laundry room
outdoor storage
Building Details
Year built
1925
Floors in Building
1
Number of units
3
Building materials
Frame
Roof type
Composition
Architectural style
Colonial
Additional Structures
Storage
Listing Agency:
eXp Realty LLC
(888) 440-2724
Listed By:
Kyle MacAlmon
(970) 227-2552
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 22 at 4:06PM
MLS# 1068110
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.
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Investment Insights
Based on property information with market context.
This 2,202-square-foot triplex contains three updated units with one-, two-, and three-bedroom layouts. The property was built in 1925 and includes a shared laundry room with a separate rear entrance. A front privacy fence, patio, and outdoor storage add to the site’s physical features.
Set on 0.7 acres, the property also has parking space for recreational vehicles, boats, and trailers. Public water and sewer serve the property, and central air conditioning is present.
Set on 0.7 acres, the property also has parking space for recreational vehicles, boats, and trailers. Public water and sewer serve the property, and central air conditioning is present.
Key Highlights
- Three updated units with one-, two-, and three‑bedroom layouts
- 2,202 square feet on 0.7 acres
- Shared laundry room with a separate rear entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,273
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,460
$465.5K
Cap Rate 7%
$332,471
$332.5K
Cap Rate 9%
$258,589
$258.6K
Market Conditions
NOI Build-Up for 2,202 SF
Gross rent
$44.9K $20.40/SF
− Vacancy
−$2.6K −$1.18/SF
EGI
$42.3K $19.22/SF
− OpEx
−$19.0K −$8.65/SF
NOI
$23.3K $10.57/SF
Area
Greeley, CO
Vacancy
5.80%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,460
Cap Rate 7%
$332,471
Cap Rate 9%
$258,589
Alternative Uses
Best Use
Apartment 5plus
$332.5K
$290.9K – $387.9K
NOI $23,273 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$401.3K
$351.2K – $468.2K
NOI $28,092 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
9
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three remodeled residences provide one-, two-, and three-bedroom layouts, with shared laundry and outdoor storage.
Where is this multifamily property located?
The property is located at 1520 N 25th Avenue Ct Greeley, CO.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Three updated units with one-, two-, and three‑bedroom layouts; 2,202 square feet on 0.7 acres; Shared laundry room with a separate rear entrance
