$2,688,000

Estimated payment $15,019/month

Total Views 23
32 Beds
16 Baths
15,440 Sq Ft
$174 Price per Sq Ft

Highlights

  • City View
  • 0.74 Acre Lot
  • Eat-In Kitchen
  • Meadows Elementary School Rated A-
  • No HOA
  • Brick Veneer

About This Home

This fully remodeled 16-unit multi-family property at 705/711 26th Avenue in Greeley presents a rare and highly attractive investment opportunity. Each unit features two bedrooms and one bathroom, thoughtfully designed to offer functional and comfortable living spaces. A standout feature is in-unit laundry, an amenity that is uncommon in this area and highly valued by tenants, providing a competitive advantage that supports strong occupancy and long-term tenant retention. Off-street parking further enhances tenant convenience, with the lot recently resurfaced and professionally striped to maximize usability and appeal.Every unit has been updated in recent years with modern finishes, including new flooring, fresh paint, central air conditioning, and stainless-steel appliances. Open floor plans and generously sized bedrooms create a sense of space and comfort, while contemporary features such as dishwashers in each unit add convenience and elevate the living experience. All major mechanical systems are in good working order, minimizing near-term capital expenditures and providing a turnkey solution for investors seeking stable income from day one.Strategically located just off Hwy 34 Business Route, this property offers tenants easy access to shopping, dining, and everyday essentials, increasing its appeal and supporting consistent occupancy. Greeley is positioned for some of the highest population and economic growth in the country over the next several years, further enhancing the long-term potential and value of this asset. With modern updates, thoughtful amenities, and a prime location in a rapidly expanding market, this 16-unit property delivers reliable cash flow and long-term appreciation potential. Investors seeking a well-maintained, highly marketable multi-family property will find that 705/711 26th Avenue combines immediate income with lasting value in one of Colorado's fastest-growing communities.

Listing Agent

Nick Bukowski

The Station Real Estate Listed on: 12/02/2025

Co-Listing Agent

Nate Santillanes

Empire Property Management, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,051

Year Built

  • Built in 1983

Lot Details

  • 0.74 Acre Lot
  • Southern Exposure
  • Level Lot
  • Sprinkler System

Parking

  • 32 Parking Spaces

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 15,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Bathrooms

Outdoor Features

  • Patio

Schools

  • Madison Elementary School
  • Northridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R1801386

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Geist Watkins 1St Fg Subdivision

Building Details

  • Gross Income $254,248
  • Net Operating Income $182,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,051

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Dishwasher,Refrigerator,Microwave,Some Appliances,Disposal,Smoke Alarm(s)
  • Year Built: 1983
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.74
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 07620
  • Subdivision Name: Geist Watkins 1st Fg
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 2
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 15440
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave, Some Appliances, Disposal
  • Has Basement: None
  • Total Bedrooms: 32
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Level
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 32

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City Of Greeley
  • Gas Company: Natural Gas, Master Meter-Gas, Atmos

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: Madison
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: OTHER

Lot Info

  • Zoning: Multi Unit
  • Land Lease Amount Frequency: Fixed Term,Annually
  • Lot Size Sq Ft: 32028
  • Parcel #: R1801386
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11051

Multi Family

  • Number Of Units Total: 16
  • Annual Gross Income: 254248.21
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 1220

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 List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $2,688,000 -- $174 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1048003

IRES MLS