Low-Maintenance Patio
3950 W 12th St Greeley, CO 80634
New
For Sale
$364,000
CONDOS - Greeley, CO
Property Size2,370 SF
Lot Size0.14 Acres
Price / SF$153.59
Days on Market5
Property Features for 3950 W 12th St
General Information
Property type
Residential
Property subtype
Duplex
Zoning
RES
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Dining Room, Bathroom 1, Laundry Room, Basement, Game Room, Laundry Room, Bedroom 1
Patio and Porch features
Patio
Pets allowed
Cats OK, Dogs OK
Interior features
Eat-in Kitchen, Separate Dining Room, Open Floorplan, Bay or Bow Window, Walk-In Closet(s)
Basement
Full, Partially Finished
Appliances
Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Standard status
Active
APN
R2046486
Size
2,370 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1820
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1985
Floors in Building
1
Building materials
Brick
Roof type
Composition
Listing Agency:
Realty One Group Fourpoints CO
(970) 573-5880
Listed By:
Matthew Powell
(970) 499-7977
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 1065085
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 brick patio home offers single-level living with everything you need on the main floor, plus additional finished space downstairs. The interior has been freshly updated with new interior paint, new flooring, and new light fixtures throughout. The kitchen features crisp white cabinetry, a tile backsplash, a glass-top range, and a new dishwasher, with two windows for natural light. A generous main living area can function as both a living room and dining room, with a bay window adding extra brightness. Wood-framed garden doors open from the living/dining area to a covered back patio that overlooks a private, wood-fenced yard with rose beds and mature trees.
The home includes a main-floor laundry (washer and dryer included) and two bedrooms. The primary suite has a private bath with a step-in shower, and the second full bath offers a tub with a tile surround. Downstairs, a large finished rec room includes recessed lighting, along with generous unfinished storage.
An attached two-car garage completes the property, and the HOA is noted as handling maintenance for a low-maintenance lifestyle. The home sits on a horseshoe street where through-traffic is almost nonexistent.
The home includes a main-floor laundry (washer and dryer included) and two bedrooms. The primary suite has a private bath with a step-in shower, and the second full bath offers a tub with a tile surround. Downstairs, a large finished rec room includes recessed lighting, along with generous unfinished storage.
An attached two-car garage completes the property, and the HOA is noted as handling maintenance for a low-maintenance lifestyle. The home sits on a horseshoe street where through-traffic is almost nonexistent.
Key Highlights
- Brick patio home with single‑level layout and main‑floor laundry (washer and dryer included)
- Updated interior features new interior paint, new flooring, and new light fixtures
- Kitchen includes electric range, dishwasher, and refrigerator, plus eat‑in space and bay windowed dining area
Financial Insights For Apartment 5plus
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 | $48.3k | $20.40 |
| − Vacancy | −$2.8k | −$1.18 |
| EGI | $45.5k | $19.22 |
| − OpEx | −$20.5k | −$8.65 |
| NOI | $25.0k | $10.57 |
2,370 SF · lease $20.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$357.8K
$313.1K – $417.5K
NOI $25,049 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$431.9K
$377.9K – $503.9K
NOI $30,235 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Brick patio home with covered back patio, fenced yard, and attached two-car garage in a quiet residential setting.
Where is this single family property located?
The property is located at 3950 W 12th St Greeley, CO.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Brick patio home with single‑level layout and main‑floor laundry (washer and dryer included); Updated interior features new interior paint, new flooring, and new light fixtures; Kitchen includes electric range, dishwasher, and refrigerator, plus eat‑in space and bay windowed dining area
