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Updated Fourplex

710 15th Ave Ct, Greeley, CO 80631

For Sale
New
$435,000

Residential Income, Greeley, CO

Property Size2,040 SF
Lot Size0.10 Acres
Price / SF$213.24
Days on Market2

Property Features for 710 15th Ave Ct

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi Unit
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3
Basement Full
Appliances Electric Range, Refrigerator
Subdivision Greeley
Elementary school Maplewood
Middle school Heath
High school Northridge
Elementary school district Greeley 6
Middle school district Greeley 6
High school district Greeley 6
Standard status Active
APN R3005486
Size 2,040 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3314

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 4
Building materials Frame
Roof type Composition
Additional Structures Storage
Listing Agency: RE/MAX Alliance-Windsor · RE/MAX International
Listed By: Suzanne Ekeler · License CO #100078660
Added: Nov 9 Last Checked: Nov 10 at 10:06AM
MLS# 1071890

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 2,040-square-foot multifamily property contains four one-bedroom, one-bathroom units on a 0.1-acre lot. Three units have updated kitchens and bathrooms, along with new faucets, flooring, and interior paint; the fourth has scope for future improvements. The frame building dates to 1952 and includes a basement. Heating is forced air, with ceiling fans for cooling. Electric ranges and refrigerators are included.

The property is in Greeley, with nearby shopping, dining, schools, parks, and the University of Northern Colorado. Major roadways are also accessible from the area.

Key Highlights

  • Four one‑bedroom, one‑bathroom units
  • 2,040 square feet on a 0.1‑acre lot
  • Three units have updated kitchens, bathrooms, faucets, flooring, and interior paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,478
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,560 $469.6K
Cap Rate 7%
$335,400 $335.4K
Cap Rate 9%
$260,867 $260.9K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$35.5K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$33.5K $16.44/SF
− OpEx
−$10.1K −$4.93/SF
NOI
$23.5K $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%
$469,560
Cap Rate 7%
$335,400
Cap Rate 9%
$260,867

Alternative Uses

Best Use
Multifamily LT 5
$335.4K
$293.5K – $391.3K (±1% cap)
NOI $23,478 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$308.0K
$269.5K – $359.4K (±1% cap)
NOI $21,561 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office B
$371.8K
$325.3K – $433.8K (±1% cap)
NOI $26,025 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Greeley, CO

$166 Jul
$184 Aug
$184 Sep
$208 Oct

Properties on Market for Multifamily properties in Greeley

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three residences feature refreshed kitchens, bathrooms, flooring, and interior paint.
Where is this multifamily property located?
The property is located at 710 15th Ave Ct Greeley, CO.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; 2,040 square feet on a 0.1‑acre lot; Three units have updated kitchens, bathrooms, faucets, flooring, and interior paint
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