Duplex With Separate
For Sale
$575,000
1820 Daffodil Ave, Greeley, CO 80631
Residential, Greeley, CO
Property Size3,466 SF
Lot Size0.86 Acres
Price / SF$165.90
Days on Market48
Property Features for 1820 Daffodil Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES/ C-3
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Interior features
Eat-in Kitchen
Exterior features
Oversized Garage
Fireplace
1
Basement
Partially Finished
Appliances
No Inclusions
Subdivision
GREELEY RURAL
Lot features
Native Grass, Level, Unincorporated, Mineral Rights Excluded
Elementary school
East Memorial
Middle school
Bella Romero
High school
Greeley Central
Elementary school district
Greeley 6
Middle school district
Greeley 6
High school district
Greeley 6
Standard status
Active
APN
R3359286
Size
3,466 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3485
Utilities
Utilities
Natural Gas Available
Heating system
Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1955
Floors in Building
2
Building materials
Frame, Stucco
Roof type
Composition
Listing Agency:
LPT Realty, LLC. · Realty ONE Group
(877) 366-2213
Listed By:
Damariz Medrano Ramirez
(970) 888-4694
Added: Sep 5
Changed: Oct 8
Last Checked: Oct 22 at 8:06AM
MLS# 1068116
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 duplex property includes two distinct residences totaling 3,466 square feet on 0.86 acres. The primary home contains 2,534 square feet with two bedrooms and two bathrooms, while the additional dwelling unit provides 958 square feet, two bedrooms, and one bathroom. Interior features include an eat-in kitchen, basement, fireplace, baseboard heating, and window or wall-mounted cooling. An oversized garage and frame-and-stucco construction add to the existing improvements.
Both residences are occupied under month-to-month leases, offering an established rental setup with lease flexibility subject to applicable requirements. The property is zoned RES / C-3 and is located on a private road in Greeley. Natural gas is available. The 1955-built property is offered as-is, with buyers responsible for verifying zoning, permitted uses, development potential, utilities, square footage, acreage, lease terms, and ADU status.
Both residences are occupied under month-to-month leases, offering an established rental setup with lease flexibility subject to applicable requirements. The property is zoned RES / C-3 and is located on a private road in Greeley. Natural gas is available. The 1955-built property is offered as-is, with buyers responsible for verifying zoning, permitted uses, development potential, utilities, square footage, acreage, lease terms, and ADU status.
Key Highlights
- Two separate residences totaling 3,466 square feet
- Primary home measures 2,534 square feet with 2 bedrooms and 2 bathrooms
- Additional dwelling unit includes 958 square feet, 2 bedrooms, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,890
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,800
$797.8K
Cap Rate 7%
$569,857
$569.9K
Cap Rate 9%
$443,222
$443.2K
Market Conditions
NOI Build-Up for 3,466 SF
Gross rent
$60.3K $17.40/SF
− Vacancy
−$3.3K −$0.96/SF
EGI
$57.0K $16.44/SF
− OpEx
−$17.1K −$4.93/SF
NOI
$39.9K $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%
$797,800
Cap Rate 7%
$569,857
Cap Rate 9%
$443,222
Alternative Uses
Best Use
Multifamily LT 5
$569.9K
$498.6K – $664.8K
NOI $39,890 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$523.3K
$457.9K – $610.6K
NOI $36,633 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office B
$631.7K
$552.7K – $737.0K
NOI $44,217 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
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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?
Duplex - Two occupied dwellings offer flexible residential income use on a private road.
Where is this duplex located?
The property is located at 1820 Daffodil Ave Greeley, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two separate residences totaling 3,466 square feet; Primary home measures 2,534 square feet with 2 bedrooms and 2 bathrooms; Additional dwelling unit includes 958 square feet, 2 bedrooms, and 1 bathroom
