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Residential Income Duplex Property

307 Beaver St Hillrose, CO 80733

307 Beaver St, Hillrose, CO, 80733
$237,000
For Sale
Claim this Listing
$237,000

MULTI_FAMILY - Hillrose, CO

Property Size2,132 SF
Lot Size0.45 Acres
Price / SF$111.16
AddedMay 21
Days on Market56
Last RefreshJul 15 at 6:06 pm

Property Features for 307 Beaver St

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RR
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4
Patio and Porch features
Patio
Fencing
Fenced
Appliances
Some Appliances
Standard status
Active
APN
103510311901
Size
2,132 SF
Lot size
0.45 Acres

Taxes and HOA fees

Tax Year
2025

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air
Cooling system
Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)

Building Details

Year built
1931
Floors in Building
1
Number of units
2
Building materials
Frame
Roof type
Composition

Listing agent Rebecca Blake

Listing office Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Greeley 4673 W 20th St Unit B, Greeley, CO

Listing date May 21, 2026

MLS# 1059762 Listing URL

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 residential income property includes a 3-bedroom, 2-bath manufactured home and a separate 2-bedroom, 1-bath older home. The two residences have separate utilities and share the lot with a carport, two storage sheds, and a fenced yard with mature trees. The manufactured home has recently been occupied and includes some kitchen appliances, a spacious living area, a front deck, and a back patio. It also has a new roof installed in 2019. The older home is described as having good bones, with shake shingle siding, wood flooring, original windows and trim, and baseboard heat, along with a small kitchenette and a 3/4 bath. Water for the older home has been turned off, and the property is sold AS-IS.

Located in Hillrose, Colorado at 307 Beaver St, the property sits on a lot described as approximately 0.24 acres in the remarks, with RR zoning noted. No HOA is reported, and the water sourcing is described as Morgan County Quality water. Yard water is described as non-potable, and sewer is through the town.

For buyers seeking a straightforward two-unit setup, this configuration can support separate living arrangements thanks to the separate utilities, and it may also appeal to owners looking for flexibility with the older home, which is described as having potential for a home or business. A carport and enclosed storage sheds add practical space for day-to-day use.

Key Highlights

  • On a 0.24‑acre lot with a fenced yard and mature trees
  • Includes two separate homes: a 3 bed, 2 bath manufactured home plus a 2 bed, 1 bath older home
  • Manufactured home roof was replaced in 2019; recently occupied and includes some kitchen appliances

Local 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 $32.7k $15.36
− Vacancy −$2.2k −$1.02
EGI $30.6k $14.34
− OpEx −$9.2k −$4.30
NOI $21.4k $10.04
2,132 SF · lease $15.36/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$305.7K
$267.5K – $356.7K (±1% cap)
NOI $21,399 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$274.8K
$240.5K – $320.6K (±1% cap)
NOI $19,237 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$624.2K
$546.2K – $728.3K (±1% cap)
NOI $43,697 @ 7.0% cap · market cap 18.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Repair Shop Nail Salon Grocery & Convenience Store Pet Store & Service Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separate homes with fenced yard and outbuildings on a single lot, offered for sale AS-IS with no HOA.
Where is this duplex located?
The property is located at 307 Beaver St Hillrose, CO.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: On a 0.24‑acre lot with a fenced yard and mature trees; Includes two separate homes: a 3 bed, 2 bath manufactured home plus a 2 bed, 1 bath older home; Manufactured home roof was replaced in 2019; recently occupied and includes some kitchen appliances
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More about this property
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