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All-Brick Duplex with Attached Garage
For Sale
Under Contract
$474,500

1706 17th Ave, Greeley, CO 80631

MULTI_FAMILY - Greeley, CO

Property Size3,040 SF
Lot Size0.20 Acres
Price / SF$156.09
Days on Market107

Property Features for 1706 17th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-H
Bedrooms 5
Bathrooms 3
Full bathrooms 1
Rooms Bedroom 2, Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 3
Parking 2
Window features Window Coverings
Patio and Porch features Deck
Interior features Eat-in Kitchen
Exterior features Sprinkler System
Fireplace 1
Basement Walk-Out Access
Appliances Electric Range, Dishwasher, Refrigerator, Microwave
Subdivision Fairacres 1st Add
Lot features Mineral Rights Excluded
Elementary school Jackson
Middle school Heath
High school Greeley Central
Elementary school district Greeley 6
Middle school district Greeley 6
High school district Greeley 6
Standard status Active Under Contract
APN R3121886
Size 3,040 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2702

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Building materials Brick
Roof type Composition
Listing Agency: Realty One Group Fourpoints
Listed By: Liz Montoya
Added: Apr 17 Changed: Jul 30 Last Checked: Aug 1 at 12:06PM
MLS# 1056928

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.

Investment Insights

Based on property information with market context.

This all-brick duplex offers two separate units totaling approximately 3,040 square feet. The upper unit has three bedrooms and one bath, while the lower unit has two bedrooms and one bath. Both units have been freshly painted. The lower unit features newer cabinets and updated flooring and is described as clean and ready for occupancy or lease-up. The property includes a shared attached 2-car garage and a shared backyard, with separate electric meters. The owner currently pays water, and gas is split between units.

Built in 1965, the duplex has a deck and a sprinkler system. Interior features include an eat-in kitchen, and there is a fireplace. Heating is hot water and cooling includes wall/window unit(s). The roof is described as having composition shingles with hail-resistant qualities.

Utilities listed include natural gas available and public sewer service.

Key Highlights

  • Two units totaling approximately 3,040 sq. ft.
  • Upper unit: 3 bedrooms, 1 bath; lower unit: 2 bedrooms, 1 bath
  • Shared attached 2‑car garage plus shared backyard

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.9k $17.40
− Vacancy −$2.9k −$0.96
EGI $50.0k $16.44
− OpEx −$15.0k −$4.93
NOI $35.0k $11.51
3,040 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$499.8K
$437.3K – $583.1K (±1% cap)
NOI $34,987 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$459.0K
$401.6K – $535.5K (±1% cap)
NOI $32,130 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office B
$554.0K
$484.8K – $646.4K (±1% cap)
NOI $38,783 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Nail Salon Electrical Service Law Firm

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,270
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit all-brick duplex with separate electric meters and shared attached 2-car garage.
Where is this duplex located?
The property is located at 1706 17th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $474,500.
What are key features of this property?
This property features: Two units totaling approximately 3,040 sq. ft.; Upper unit: 3 bedrooms, 1 bath; lower unit: 2 bedrooms, 1 bath; Shared attached 2‑car garage plus shared backyard
More about this property
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