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Sold on 05/17/2024

1938 7th Ave, Greeley, CO 80631

$410,000

Last sold 05/17/2024 after 35 Days

  • 4

    bed

  • 2

    bath

  • 1,662

    Sqft ($247/Sqft)

Multi-family not for sale
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About 1938 7th Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Parking 4 garage spaces
Property description
Calling All INVESTORS and Smart HOUSE HACKERS who love a solid Cap Rate and Rent Ratio! Investors, check out the possibilities with High Density Zoning to add 4 units on the back of this 9500 sq ft. lot! House hackers, this could be the property for you; Live in one and rent out the other to cover significant part of the mortgage! Great duplex that cash flows with current rates! Located just a few blocks from UNC, Jackson Field, and newly redeveloped downtown. This property has strong rental history and is set up as 2 separate 2b/1ba units with shared laundry area, but potential as a single family residence as well. Large fenced yard with lots of possibilities. Main level is leased at $1400 through 5/31/2025 and basement unit tenant at $1300 through 6/30/24 (but would like to stay) Kitchens and baths in both units were remodeled in 2019 with new LVP Flooring and Paint in 2022. Siding needs a little love so please only submit an offer accordingly as sellers will make no improvements; priced accordingly. Please note there is no sign in the yard.
Listed by
Listing Agent - Lisa Schoen
Listing Agent Contact: Lisa@KhayaRealEstate.com, 303-931-0689
Listing Office - Khaya Real Estate LLC
Source: IRESMLS mls logo
MLS#3210443 • last updated 11 months ago
Movoto checked IRESMLS for data 17 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 3210443
Type Residential Income
Status Sold
SubType Duplex
Living Area 1662
Annual Tax 1577
Interior
Total # of Bathrooms 2
Total # of Bedrooms 4
Basement Partially Finished
Exterior
Roof Composition
Construction Frame, Wood Siding
Patio & Porch Patio
Structure Duplex
Lot Features Gutters
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Water Source City
Location
County Weld
Community Features Community Laundry
Subdivision Briggs
Middle School Heath
High School District Greeley 6
Multifamily Details
Tenant Pays Exterior Maintenance
Total # of Units 2
Cap Rate 6.4
Gross Income 32400
Lot/ Land Details
Road Surface Dirt
We are not permitted to show value estimates for this property.
  • Jun 2024
    mls logo MLS # 3210443
  • Jun 2, 2024 Sold
    $410,000 (+1.2%)
  • May 17, 2024 Sold
    $410,000 (+3.8%)
  • Apr 19, 2024 Active
    —
  • Apr 12, 2024 Listed
    $395,000
  • Apr 6, 2024 Coming Soon
    $395,000 (+7.9%)
  • May 2024
    Public Records
  • May 20, 2024 Sold
    $405,000 (-1.2%)
  • Jun 2022
    Public Records
  • Jun 7, 2022 Sold
    $366,000
  • Jun 2022
    mls logo MLS # 962158
  • Jun 6, 2022 Sold
    $366,000
  • Apr 28, 2022 Pending
    —
  • Apr 5, 2022 Coming Soon
    $350,000
  • Apr 4, 2022 Listed
    $350,000 (+48.9%)
  • Jun 2022
    mls logo MLS # IR962158
  • Jun 6, 2022 Sold
    $366,000 (+4.6%)
  • Apr 25, 2022 Pending
    —
  • Apr 20, 2022 Active
    —
  • Apr 4, 2022 Listed
    $350,000
  • Jul 2019
    Public Records
  • Jul 31, 2019 Sold
    $235,000
  • Jul 2019
    mls logo MLS # 886946
  • Jul 30, 2019 Sold
    $235,000
  • Jul 2, 2019 Listed
    $249,900 (+76.6%)
  • Jul 2019
    mls logo MLS # IR886946
  • Jul 30, 2019 Sold
    $235,000 (-6.0%)
  • Jun 2002
    Public Records
  • Jun 21, 2002 Sold
    $141,500
  • Year Property taxes Tax assessment
  • 2025
    $2,066 +24.9%
    $22,630
  • 2024
    $1,654 +4.9%
    $22,630 -3.33%
  • 2023
    $1,577 +5.2%
    $23,410 +36.18%
  • 2022
    $1,499 -5.2%
    $17,190 -4.92%
  • 2021
    $1,581 +21.1%
    $18,080 +20.69%
  • 2020
    $1,306 -0.3%
    $14,980
  • 2019
    $1,309
    $14,980
  • 1938 7th Ave
    $410K
  • Arlington
    $365K
  • 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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