1218 8th Street Greeley, CO $ 395,000
1218 8th Street
$ 395,000
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1218 8th Street

Greeley, CO, 80631
$ 395,000
Baths0.0 Sq 2,011

Monthly Estimate*

$ 2,432

Listed by RE/MAX Alliance-Greeley
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Studio

Multi-Family Home for sale in Greeley, CO

for $395,000. This 2,011 square foot home was built in 1892 on a lot size of 0.13.

Fantastic triplex investment opportunity in Downtown Greeley! Major improvements are already done, including two new furnaces, three new water heaters, and a new roof in 2024-making this a low-maintenance, high-performing addition to your portfolio. Discover an excellent opportunity to own a versatile multi-unit property proving the following rents: Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint recently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.41 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.

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Multi-Family Pending

Price

$ 395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,730

Style

Lot Size

0.13

Year Built

1892

Town/City

Greeley

County/Region

Weld

MLS | Web ID

IR1047594

Features
Interior
Interior Amenities Eat-in Kitchen
Basement Partial Unfinished
Basement (Y/N) Y
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air
Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available
Possession Closing/DOD Rental Agreement
Roof Composition
Appliances Oven Refrigerator
Zoning RES
Patio/Porch Features Deck
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Exclusions Tenants personal property and Unit 1 washer and dryer
Year Built 1892
Tenant Pays Electricity Gas
Levels Two
Property Subtype Triplex
Tax Year 2024
Ownership Individual
Gross Income 3650
County Weld
Net Operating Income 33646
Operating Expense 8840
Property Type Residential Income
HOA N
Subdivision Name Greeley City
Possible Use Multi-Family
Status Pending
High School Northridge
City Greeley
High School District Greeley 6
Number Of Units Total 3
Lot Size Square Feet 5750
Listing Terms Cash Conventional FHA VA Loan
Elementary School Maplewood
Tax Annual Amount 1730
Middle/Junior High School Franklin
Concessions No
Standard Status Active Under Contract
Occupancy Type Tenant
Elementary School District Greeley 6
Cap Rate 8.41
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Exterior
Fencing Fenced
Lot Features Sprinklers In Front
Water Source Public
Building Area Total 2011
Lot Size Acres 0.13
Road Surface Type Alley Paved Paved
Road Frontage Type Public
Other Equipment Satellite Dish
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Internal Only
Street Number 1 1218
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* Excluded Features
List By
Re/Max Alliance-Greeley

Broker

(970) 330-5000

Phone

Affordability Calculator

$2,576
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043785 Elementary School
3043296 Middle School
Northridge High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$395,000 Listed Price

Map


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1218 8th Street, Greeley, CO, 80631 is a Multi-Family Home for sale at $395,000 with 2,011 sqft and a lot size of 0.13. 1218 8th Street is a studio with 0.0 baths and was built in 1892. The property's zip code is 80631 which is in Greeley, CO