Investment Ready Fourplex - Prime UNC Location. Discover a modernized, fully renovated four-unit building just one block from the University of Northern Colorado. Comprised of two lower-level garden units and two upstairs units, this property delivers excellent rental income with turnkey presentation. Each spacious ~810 sq ft unit features open-concept layouts, eat-in kitchens, stainless appliances, updated baths, and dedicated off-street parking. Situated in Arlington Heights (80631), the asset benefits from strong student and long-term tenancy, minimal vacancy, and a compelling almost 8% cap rate.
Sold for $735,000
$735,000
616-622 18th St, Greeley, CO 80631
8beds
4baths
3,248sqft
Multi Family
Built in 1954
-- sqft lot
$737,400 Zestimate®
$226/sqft
$1,153 Estimated rent
Home value
$737,400
$701,000 - $782,000
$1,153/mo
Zestimate® history
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$4,253/mo
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Zillow last checked:
Listing updated:
Listed by:
Luke Angerhofer 303-898-2589,
Prestigio Real Estate
Bought with:
Donna Ehnert, 100056680
eXp Realty LLC
Source: IRES as distributed by MLS GRID,MLS#: 1024883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Features
- Eat-in Kitchen, Open Floorplan
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 3,248
- Total interior livable area: 3,248 sqft
Property
Parking
- Total spaces: 4
- Details: 1 Space/Unit
Features
- Levels: Two
- Stories: 2
- Fencing: Partial,Chain Link
- Has view: Yes
- View description: City
Lot
- Size: 4,250 Square Feet
- Features: Paved, Curbs, Gutters, Sidewalks, Street Light
Details
- Parcel number: R3296486
- Zoning: Multi-Res
- Special conditions: Licensed Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Xcel
- Gas: Atmos
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Features: Community Laundry
- Subdivision: Arlington Heights
HOA
- Has HOA: No
Location
- Region: Greeley
Financial & listing details
- Price per square foot: $226/sqft
- Annual tax amount: $3,829
- Date on market: 1/20/2025
- Listing terms: Cash,Conventional,FHA,VA Loan,1031 Exchange
- Exclusions: Tenant's Personal Property
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $735,000$226/sqft |
Source:  IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 6/27/2025 | Pending sale | $735,000$226/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1024883 Report a problem | ||
| 6/27/2025 | Price change | $735,000+1.4%$226/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 6/26/2025 | Price change | $725,000-1.4%$223/sqft |
Source: REcolorado as distributed by MLS GRID #IR1024883 Report a problem | ||
| 6/22/2025 | Price change | $735,000-2%$226/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 6/13/2025 | Price change | $750,000-3.2%$231/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 5/9/2025 | Listed for sale | $775,000$239/sqft |
Source: REcolorado as distributed by MLS GRID #IR1024883 Report a problem | ||
| 4/29/2025 | Pending sale | $775,000$239/sqft |
Source: REcolorado as distributed by MLS GRID #IR1024883 Report a problem | ||
| 3/31/2025 | Price change | $775,000-1.8%$239/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 3/12/2025 | Price change | $789,500+5.3%$243/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 3/3/2025 | Pending sale | $750,000$231/sqft |
Source: REcolorado as distributed by MLS GRID #IR1024883 Report a problem | ||
| 2/25/2025 | Price change | $750,000-6.3%$231/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
| 1/24/2025 | Listed for sale | $800,000$246/sqft |
Source: IRES as distributed by MLS GRID #1024883 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 80631
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Nearby schools
GreatSchools rating
- 2/10Maplewood Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Heath Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Greeley Central High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Cameron
- Middle: Heath
- High: Greeley Central
Source: IRES 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
$737,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$737,400
- Colorado
- Weld County
- Greeley
- 80631
- 616-622 18th St
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