Seller's Agent in 2025
Luke Angerhofer
Prestigio Real Estate
(970) 690-2509
1 in this area
121 Total Sales
616 18th St Greeley, CO 80631
Arlington Heights Neighborhood
8
Beds
4
Baths
3,248
Sq Ft
4,250
Sq Ft Lot
Highlights
- City View
- Contemporary Architecture
- Eat-In Kitchen
- Open Floorplan
- No HOA
- Forced Air Heating System
About This Home
As of July 2025Investment Ready Fourplex - Prime UNC Location. Discover a modernized, fully renovated four-unit building just one block from the University of Northern Colorado. Comprised of two lower-level garden units and two upstairs units, this property delivers excellent rental income with turnkey presentation. Each spacious ~810 sq ft unit features open-concept layouts, eat-in kitchens, stainless appliances, updated baths, and dedicated off-street parking. Situated in Arlington Heights (80631), the asset benefits from strong student and long-term tenancy, minimal vacancy, and a compelling almost 8% cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,830
Year Built
- Built in 1954
Lot Details
- 4,250 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Parking
- 4 Parking Spaces
Home Design
- Contemporary Architecture
- Property Attached
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,248 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Window Treatments
- City Views
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Cameron Elementary School
- Heath Middle School
- Greeley Central High School
Additional Features
- Exterior Lighting
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $5,366
- Tenant pays for deposit, gas, electricity, water, sewer
- Assessor Parcel Number R3296486
Community Details
Overview
- No Home Owners Association
- 4 Units
- Arlington Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- Gross Income $63,960
- Net Operating Income $57,504
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $735,000 | 0.0% | $226 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $735,000 | +1.4% | $226 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $725,000 | -1.4% | $223 / Sq Ft |
| 06/22/2025 06/22/25 | Price Changed | $735,000 | -2.0% | $226 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $750,000 | -3.2% | $231 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $775,000 | -1.8% | $239 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $789,500 | +5.3% | $243 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $750,000 | -6.3% | $231 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $800,000 | -- | $246 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Luke Angerhofer
-
Donna Ehnert
Buyer's Agent in 2025
Donna Ehnert
eXp Realty LLC
(303) 995-4063
1 in this area
81 Total Sales
Map
Source: IRES MLS
MLS Number: 1024883
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.
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