Turnkey Triplex Income
1715 11th Ave Greeley, CO 80631
For Sale
$617,000
MULTI_FAMILY - Contemporary - Greeley, CO
Property Size3,600 SF
Lot Size0.22 Acres
Price / SF$171.39
Days on Market50
Property Features for 1715 11th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-H
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 4, Basement, Bedroom 6, Bedroom 9, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Interior features
- Eat-in Kitchen, Washer/Dryer Hookup
- Basement
- Full
- Appliances
- Fire Alarm
- Standard status
- Active
- APN
- R3181686
- Size
- 3,600 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3435
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Contemporary
Listing Agency:
C3 Real Estate Solutions, LLC
(970) 225-5152
Listed By:
Erin Brady
(970) 978-8698
Added: Jun 8
Changed: Jul 9
Last Checked: Jul 27 at 6:06AM
MLS# 1061217
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 for-sale triplex presents a turnkey, well-maintained residential income setup with three spacious units. Each unit is separately metered for gas and electricity, and the property includes a detached oversized 576 SF two-car garage. The units are configured as three-bedroom layouts: Unit A offers 3 bed/2 bath and is currently available; Unit B offers 3 bed/1 bath; and Unit C offers 3 bed/1 bath. Tenants pay all utilities. The exterior has fresh paint, and the property also features a charming covered front porch.
The home is located in Greeley, CO and sits on a 0.22-acre lot. Ample parking is available with alley access and a shared driveway for convenient day-to-day ingress and egress. The lot includes mature trees, adding to the property’s established setting.
For tenants or an owner-occupant, this structure supports a house-hack approach by allowing one unit to be occupied while other units generate rental income. For investors, the separate utility metering and the additional rental component from the detached garage can simplify operations compared with a single shared-billing arrangement. Unit A is ready now, while Units B and C are already part of the existing rental structure.
The home is located in Greeley, CO and sits on a 0.22-acre lot. Ample parking is available with alley access and a shared driveway for convenient day-to-day ingress and egress. The lot includes mature trees, adding to the property’s established setting.
For tenants or an owner-occupant, this structure supports a house-hack approach by allowing one unit to be occupied while other units generate rental income. For investors, the separate utility metering and the additional rental component from the detached garage can simplify operations compared with a single shared-billing arrangement. Unit A is ready now, while Units B and C are already part of the existing rental structure.
Key Highlights
- Triplex with three separate units, each separately metered for gas and electricity
- Unit mix: three 3‑bed units with 2 bath (Unit A) and 1 bath (Units B and C)
- Rents listed: Unit A $1,600/mo (3 bed/2 bath), Unit B $1,600/mo (3 bed/1 bath), Unit C $995/mo (3 bed/1 bath)
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 | $62.6k | $17.40 |
| − Vacancy | −$3.5k | −$0.96 |
| EGI | $59.2k | $16.44 |
| − OpEx | −$17.8k | −$4.93 |
| NOI | $41.4k | $11.51 |
3,600 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.9K
$517.9K – $690.5K
NOI $41,432 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$543.6K
$475.6K – $634.2K
NOI $38,049 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office B
$656.1K
$574.1K – $765.5K
NOI $45,927 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three separately metered units plus an oversized detached garage offer flexible residential income options.
Where is this triplex located?
The property is located at 1715 11th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $617,000.
What are key features of this property?
This property features: Triplex with three separate units, each separately metered for gas and electricity; Unit mix: three 3‑bed units with 2 bath (Unit A) and 1 bath (Units B and C); Rents listed: Unit A $1,600/mo (3 bed/2 bath), Unit B $1,600/mo (3 bed/1 bath), Unit C $995/mo (3 bed/1 bath)
