Movoto Real Estate
Sold on 07/10/2025

112 8th St, Gilcrest, CO 80623

  • $559,000

    Last sold 07/10/2025 after 42 Days

  • bed

  • bath

Multi-family not for sale
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About 112 8th St

Property type Multi-family
Year built 2001
HOA fee $0/month
Lot size 0.25 Acre
Property description
Investor Opportunity - Strong Bones, Strong Returns. This full duplex in Gilcrest offers a rare chance to acquire two large, income-producing units at a below-market price. Each side features 3 bedrooms, 2 bathrooms, vaulted ceilings, a central gas fireplace, and spacious layouts with attractive architectural details. Both units are tenant-occupied with long-term renters (5-10 years), and have historically provided consistent, low-touch rental income. While the property could benefit from cosmetic improvements and basic upkeep, it has excellent potential for value-add investors. Interior photos are from Unit 114 only; Unit 112 is a mirror-image with similar finishes and layout. This is a solid opportunity for sweat equity, steady cash flow, or a long-term hold at a compelling price point.
Listed by
Listing Agent - Craig Francis
Listing Agent Contact: 3032617195
Listing Office - Equity Colorado-Front Range
Source: IRESMLS mls logo
MLS#1035375 • last updated 9 months ago
Movoto checked IRESMLS for data 34 minutes ago
Overview
Heating Forced Air
Levels/Style One
MLS # 1035375
Type Residential Income
Status Sold
SubType Duplex
Lot Size (Acres) 0.25
Annual Tax 2400.87
Interior
Basement Crawl Space
Fireplace Desc Gas
Accessibility Features Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
Interior Features Eat-in Kitchen, Cathedral Ceiling(s), Natural Woodwork
Exterior
Roof Composition
Construction Frame
Patio & Porch Patio
Structure Duplex
Fencing Fenced
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Satellite Avail, High Speed Avail
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Location
County Weld
Community Features Extra Storage
Subdivision Gilcrest Town
Middle School North Valley
High School District Weld County RE-1
APN R0569701
Directions Navigate To 112 8th St, Gilcrest, CO 80623
Multifamily Details
Tenant Pays Gas, Electricity, Water, Trash Collection
Total # of Units 2
Cap Rate 6.2
Operating Expense 4900.87
Gross Income 39600
Lot/ Land Details
Possible Use Multi-Family, Additional Units
Road Frontage City Street
Road Surface Asphalt
  • Jul 2025
    mls logo MLS # 1035375
  • Jul 10, 2025 Sold
    $559,000
  • Jun 10, 2025 Pending
  • May 29, 2025 Listed
    $559,000
  • 112 8th St
    $559K
  • 80623
    $365K -2% y/y
  • Gilcrest
    $365K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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Nearby recently sold homes in Gilcrest, CO

  • Real Estate
  • CO
  • Weld County
  • Gilcrest
  • 80623
  • 112 8th St
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