$570,500

1429 8th St Greeley, CO 80631

City Center Neighborhood

Estimated payment $3,410/month

22 Beds
21 Baths
4,038 Sq Ft
$141 Price per Sq Ft

Highlights

  • No HOA
  • Partially Fenced Property
  • 4-minute walk to Swanson Kiwanis Park
  • Hot Water Heating System

About This Home

Great Investment Opportunity!This 6-unit multifamily property features 5 1-bedroom/1-bath units & one 2-bedroom/1-bath unit. Two units are currently vacant & ready for immediate lease-up or improvement, offering potential for increased cash flow. The current tenants have been long-term, providing consistent rental income.Tenants pay 16% of gas & water & are responsible for 100% electricity.Located near downtown, w/ convenient access to shopping, dining, & much more. Buyer to verify sqft/schools.

Listing Agent

Michele Gerbitz

True Abundance Prop Management Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1882

Lot Details

  • 8,625 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 4,038 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 21 Bathrooms

Schools

  • Maplewood Elementary School
  • Franklin Middle School
  • Northridge High School

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R3003586

Community Details

Overview

  • No Home Owners Association
  • 21 Units
  • Greeley Subdivision

Building Details

  • Gross Income $50,160
  • Net Operating Income $42,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Inclusions: No Units Furnished,Window Coverings,Electric Range/Oven,Refrigerator,All Appliances,Disposal,Smoke Alarm(s)
  • Year Built: 1882
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Greeley
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4038
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, All Appliances, Disposal
  • Has Basement: Partially Finished
  • Total Bedrooms: 22
  • Entry Location: Outside Entry
  • Interior Amenities: Outside Entry
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Electricity On Property: No
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Master Meter-Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Monthly,Other--See Remarks
  • Lot Size Sq Ft: 8625
  • Parcel #: R3003586
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2788

Multi Family

  • Number Of Units Total: 21
  • Number Of Units Furnished: None
  • Annual Gross Income: 50160.28
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 7820.95
  • Total Actual Rent: 2900

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $570,500 -- $141 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1037523

IRES MLS

APN: 0961-06-4-16-004

Colorado Weld County Greeley 80631 City Center

1429 8th St, Greeley, CO

This home is located at 1429 8th St, Greeley, CO 80631 and is currently priced at $570,500, approximately $141 per square foot. This property was built in 1882. 1429 8th St is a home located in Weld County with nearby schools including Maplewood Elementary School, Heath Middle School, and Northridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Nearby Homes
Listing Agent
Michele Gerbitz
Section Image
True Abundance Prop Management
(970) 557-7208