Movoto Real Estate
Sold on 08/03/2026
  • Exterior
  • Other
  • Kitchen
  • Bedroom
  • Bath

1315 3rd Ave, Greeley, CO 80631

$435,000

Last sold 08/03/2026 after 152 Days

  • 7

    bed

  • 4

    bath

  • 2,592

    Sqft ($168/Sqft)

Multi-family not for sale

About 1315 3rd Ave

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 8,712 Sqft
Parking 8 garage spaces
Property description
Investor Special! Rare opportunity to acquire a cash-flowing 4-plex in the heart of East Greeley. This value-add asset features long-term, stable tenants who desire to stay, offering immediate rental income from day one. Currently priced to move, the property presents significant upside potential as all units are on short-term or at-will leases, providing a clear path to market-rate rent adjustments. Ideally located with easy access to HWY 85 and major employment hubs like JBS and Leprino Foods. Upper units are equipped with individual W/D hookups, while lower units benefit from a shared laundry area. Each unit has individual gas and electric meters. Don't miss this high-yield opportunity in a high-demand rental market!
Listed by
Listing Agent - Art Gonzalez
Listing Agent Contact: Artgonzalezrealestate@gmail.com, 720-935-8115
Listing Office - ARI Real Estate & Investments LLC
Source: IRESMLS mls logo
MLS#2596485 • last updated 2 months ago
Movoto checked IRESMLS for data 8 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 2596485
Type Residential Income
Status Sold
Living Area 2592
Lot Size (Acres) 0.2
Annual Tax 2684
Interior
Total # of Bathrooms 4
Total # of Bedrooms 7
Basement Partially Finished
Exterior
Roof Fiberglass
Construction Frame, Block, Concrete
Fencing Partial
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source City
Location
County Weld
Subdivision Litters
Middle School Heath
High School District Greeley 6
Multifamily Details
Tenant Pays Gas, Electricity
Total # of Units 4
Cap Rate 7.23
Operating Expense 4000
Gross Income 38400
We are not permitted to show value estimates for this property.
  • Aug 2026
    mls logo MLS # 2596485
  • Aug 4, 2026 Sold
    $435,000
  • Aug 3, 2026 Sold
    $435,000 (-8.4%)
  • May 7, 2026 Active
    —
  • May 7, 2026 Pending
    —
  • Mar 4, 2026 Listed
    $475,000
  • Mar 4, 2026 Listed
    $475,000 (+8.0%)
  • Feb 2024
    Public Records
  • Feb 21, 2024 Sold
    $440,000
  • Feb 2024
    mls logo MLS # 999477
  • Feb 20, 2024 Sold
    $440,000 (-1.1%)
  • Jan 8, 2024 Price Change
    $445,000 (-4.3%)
  • Nov 9, 2023 Listed
    $490,000
  • Dec 2023
    mls logo MLS # IR999477
  • Dec 8, 2023 Price Change
    $465,000 (-5.1%)
  • Nov 9, 2023 Listed
    $490,000
  • Year Property taxes Tax assessment
  • 2025
    $2,684 +13.0%
    $29,400
  • 2024
    $2,375 +4.9%
    $29,400 -8.1%
  • 2023
    $2,264 +24.5%
    $31,990 +53.36%
  • 2022
    $1,819 -5.1%
    $20,860 -4.88%
  • 2021
    $1,918 +13.7%
    $21,930 +13.33%
  • 2020
    $1,687
    $19,350
  • 1315 3rd Ave
    $435K
  • Sunrise
    $200K -36% y/y
  • 80631
    $387K 0% y/y
  • Greeley
    $439K -6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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