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.
Sold for $410,000
$410,000
1938 7th Avenue, Greeley, CO 80631
4beds
2baths
1,662sqft
Duplex
Built in 1925
-- sqft lot
$414,700 Zestimate®
$247/sqft
$1,419 Estimated rent
Home value
$414,700
$394,000 - $435,000
$1,419/mo
Zestimate® history
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$1,419/mo
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$2,411/mo
Est. payment
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List your homeWhat's special
Newly redeveloped downtownJackson fieldShared laundry area
Zillow last checked:
Listing updated:
Listed by:
Lisa Schoen 303-931-0689 Lisa@KhayaRealEstate.com,
Khaya Real Estate LLC
Bought with:
Lisa Schoen, 100081454
Khaya Real Estate LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 3210443
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Air Conditioning-Room
Appliances
- Laundry: Common Area
Features
- Basement: Finished
Interior area
- Total structure area: 1,662
- Total interior livable area: 1,662 sqft
- Finished area above ground: 846
- Finished area below ground: 816
Property
Parking
- Total spaces: 4
- Parking features: Concrete
- Details: Off Street Spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Private Yard, Rain Gutters
Details
- Parcel number: R3308686
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected
Community & neighborhood
Location
- Region: Greeley
- Subdivision: Briggs
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Individual
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $410,000+3.8%$247/sqft |
Source:  REcolorado as distributed by MLS GRID #3210443 Report a problem | ||
| 4/19/2024 | Pending sale | $395,000$238/sqft |
Source: REcolorado as distributed by MLS GRID #3210443 Report a problem | ||
| 4/12/2024 | Listed for sale | $395,000+7.9%$238/sqft |
Source: REcolorado as distributed by MLS GRID #3210443 Report a problem | ||
| 6/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/16/2022 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/6/2022 | Sold | $366,000+4.6%$220/sqft |
Source:  IRES as distributed by MLS GRID #962158 Report a problem | ||
| 4/28/2022 | Pending sale | $350,000$211/sqft |
Source: IRES as distributed by MLS GRID #962158 Report a problem | ||
| 4/16/2022 | Listed for sale | $350,000+48.9%$211/sqft |
Source: IRES as distributed by MLS GRID #962158 Report a problem | ||
| 7/31/2019 | Sold | $235,000-6%$141/sqft |
Source: Public Record Report a problem | ||
| 7/2/2019 | Listed for sale | $249,900+76.6%$150/sqft |
Source: Equity Colorado-Front Range #886946 Report a problem | ||
| 6/21/2002 | Sold | $141,500$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,066 +24.9% | $22,160 -2.1% |
| 2025 | $1,654 +4.9% | $22,630 -2.4% |
| 2024 | $1,577 +5.2% | $23,190 -0.9% |
| 2023 | $1,499 -5.2% | $23,410 +36.2% |
| 2022 | $1,581 +21.1% | $17,190 -4.9% |
| 2021 | $1,306 | $18,080 +20.7% |
| 2020 | $1,306 +35.5% | $14,980 |
| 2019 | $964 -26.4% | $14,980 +28.7% |
| 2018 | $1,309 +35.8% | $11,640 |
| 2017 | $964 -0.5% | $11,640 +17.6% |
| 2016 | $969 +32.8% | $9,900 |
| 2015 | $730 +41% | $9,900 +44.5% |
| 2014 | $518 | $6,850 |
| 2013 | -- | $6,850 +10.7% |
| 2012 | -- | $6,190 |
| 2011 | -- | $6,190 -7.7% |
| 2010 | -- | $6,710 |
| 2009 | -- | $6,710 -37.2% |
| 2008 | -- | $10,680 |
| 2007 | -- | $10,680 -2.6% |
| 2006 | -- | $10,970 |
| 2005 | -- | $10,970 +4% |
| 2004 | -- | $10,550 -0.9% |
| 2003 | -- | $10,650 +4.9% |
| 2002 | -- | $10,150 +24.1% |
| 2001 | -- | $8,180 |
Find assessor info on the county website
Neighborhood: 80631
Nearby schools
GreatSchools rating
- 2/10Maplewood Elementary SchoolGrades: K-5Distance: 1.6 mi
- 3/10Heath Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Greeley Central High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Maplewood
- Middle: Heath
- High: Greeley Central
- District: Greeley 6
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$414,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$414,700
- Colorado
- Weld County
- Greeley
- 80631
- 1938 7th Avenue
Nearby cities
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