8-Unit Apartment
New
For Sale
$1,450,000
3550 W 24th St, Greeley, CO 80634
Residential Income, Greeley, CO
Property Size7,788 SF
Lot Size0.06 Acres
Price / SF$186.18
Days on Market2
Property Features for 3550 W 24th St
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
0959144060
Bedrooms
16
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 9, Bedroom 5, Bedroom 14, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 16, Bathroom 11, Bedroom 3, Bedroom 8, Bedroom 16, Bathroom 7, Bedroom 13, Bedroom 6, Bedroom 10, Bedroom 15, Bedroom 12, Bathroom 10, Bathroom 9, Bedroom 11, Bedroom 4, Bathroom 15, Bathroom 3, Bathroom 14, Bathroom 1, Bedroom 1, Bathroom 8, Bathroom 5, Bathroom 12, Bedroom 2, Bathroom 13, Bathroom 2
Parking
16
Window features
Window Coverings
Interior features
Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Washer/Dryer Hookup, Split Bedroom Plan
Exterior features
Balcony
Appliances
Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Fire Alarm
Subdivision
Bluejay Way
Lot features
Level, Paved, Curbs, Gutters, Sidewalks, Street Light
Elementary school
Meeker
Middle school
Mcauliffe
High school
Greeley West
Elementary school district
Greeley 6
Middle school district
Greeley 6
High school district
Greeley 6
Standard status
Active
APN
R1391702
Size
7,788 SF
Lot size
0.06 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7806
HOA Fee
$800 Monthly
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Floors in Building
2
Number of units
8
Building materials
Stucco
Roof type
Composition
Buildings
2
Listing Agency:
RE/MAX Alliance-Greeley · RE/MAX International
(970) 330-5000
Listed By:
Al Detmer
(970) 381-6764
Added: Nov 5
Last Checked: Nov 6 at 4:06AM
MLS# 1071695
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.
Two fourplex buildings contain eight apartments at 3550 W 24th St in Greeley. Built in 2002, the residences have two bedrooms and two bathrooms each, with individual utility meters. Interior features include open floor plans, eat-in kitchens, walk-in closets, and washer and dryer hookups; balconies provide outdoor space. Heating is forced air, and cooling is central air.
The property is near Sanborn Park and the Westlake Village and CenterPlace shopping and dining areas. Highway 34 provides a regional commute route. Off-street parking is available, and the owners’ association covers lawn care, snow removal, the parking area, trash, and common utilities. The two buildings may be purchased separately.
The property is near Sanborn Park and the Westlake Village and CenterPlace shopping and dining areas. Highway 34 provides a regional commute route. Off-street parking is available, and the owners’ association covers lawn care, snow removal, the parking area, trash, and common utilities. The two buildings may be purchased separately.
Key Highlights
- Two fourplex buildings with 8 total units
- Built in 2002
- Each apartment has 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,631
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,620
$1.8M
Cap Rate 7%
$1,280,443
$1.3M
Cap Rate 9%
$995,900
$995.9K
Market Conditions
NOI Build-Up for 7,788 SF
Gross rent
$135.5K $17.40/SF
− Vacancy
−$7.5K −$0.96/SF
EGI
$128.0K $16.44/SF
− OpEx
−$38.4K −$4.93/SF
NOI
$89.6K $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%
$1,792,620
Cap Rate 7%
$1,280,443
Cap Rate 9%
$995,900
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,631 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,313 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office B
$1.42M
$1.24M – $1.66M
NOI $99,355 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 80634, CO
65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-bedroom residences offer two bathrooms apiece, individual utility meters, and balconies.
Where is this quadplex located?
The property is located at 3550 W 24th St Greeley, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two fourplex buildings with 8 total units; Built in 2002; Each apartment has 2 bedrooms and 2 bathrooms
