Side-by-Side Duplex with Separate
826 24th St Greeley, CO 80631
For Sale
$395,000
CONDOS - Greeley, CO
Property Size1,716 SF
Lot Size0.14 Acres
Price / SF$230.19
Days on Market47
Property Features for 826 24th St
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R-H
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1, Basement
- Parking
- 2
- Patio and Porch features
- Patio
- Interior features
- Eat-in Kitchen
- Exterior features
- Sprinkler System
- Fencing
- Fenced
- Basement
- Daylight
- Appliances
- Electric Range, Refrigerator, Washer, Dryer, All Appliances, Disposal, Fire Alarm
- Standard status
- Active
- APN
- R3530786
- Size
- 1,716 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1894
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Frame, Brick, Wood Siding
- Roof type
- Composition
Listing Agency:
RE/MAX Alliance-FTC Dwtn
(970) 482-1781
Listed By:
Patrick Gaebler · License #100084487
(970) 215-0821
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 24 at 8:06AM
MLS# 1061266
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 well-maintained side-by-side duplex offers two separate homes with private outdoor space. The property features separate private yards created by new fencing, along with updated backyard landscaping and partial sod installation. Each unit has been updated with new carpet, fresh paint, new water heaters, and upgraded dryer vent piping and roof vents. In addition to in-unit laundry (washer and dryer), both units include a dishwasher, electric range, and furnace, which have been cleaned and maintained.
The duplex is separately metered, with tenants responsible for their own water, gas, and electric utilities. A long driveway along the east side provides off-street parking for multiple vehicles.
Since January 2022, the owners have completed major improvements including a new sewer main with a 25-year transferable warranty. Both units are currently occupied by month-to-month tenants.
The duplex is separately metered, with tenants responsible for their own water, gas, and electric utilities. A long driveway along the east side provides off-street parking for multiple vehicles.
Since January 2022, the owners have completed major improvements including a new sewer main with a 25-year transferable warranty. Both units are currently occupied by month-to-month tenants.
Key Highlights
- Side‑by‑side duplex built in 1963, with separate utilities and tenants on month‑to‑month leases.
- New sewer main installed since January 2022 with a 25‑year transferable warranty.
- Each unit has private fenced yard space with updated landscaping and fire pits.
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 | $29.9k | $17.40 |
| − Vacancy | −$1.6k | −$0.96 |
| EGI | $28.2k | $16.44 |
| − OpEx | −$8.5k | −$4.93 |
| NOI | $19.7k | $11.51 |
1,716 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.1K
$246.9K – $329.2K
NOI $19,749 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$259.1K
$226.7K – $302.3K
NOI $18,137 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office B
$312.7K
$273.7K – $364.9K
NOI $21,892 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained side-by-side duplex with separately metered utilities, private fenced yards, and off-street parking on a long driveway.
Where is this duplex located?
The property is located at 826 24th St Greeley, CO.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1963, with separate utilities and tenants on month‑to‑month leases.; New sewer main installed since January 2022 with a 25‑year transferable warranty.; Each unit has private fenced yard space with updated landscaping and fire pits.
