$605,000
SOLD APR 9, 2025

1023 12th Ave Greeley, CO 80631

12 Beds
8 Baths
4,336 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

7% Below List Price

14 Days on Market

Highlights

  • Victorian Architecture
  • Air Conditioning
  • Baseboard Heating
  • No HOA

About This Home

As of April 2025

We are pleased to present 1023 12th Ave, an eight-unit multifamily investment opportunity in Greeley, Colorado. Perfect for a value-add investor, the property has ample future upside potential through both interior and exterior remodels and renovations.

Last Agent to Sell the Property

Charlie Mitelhaus

CBRE Inc

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1902

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,336 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Schools

  • Maplewood Elementary School
  • Heath Middle School
  • Greeley Central High School

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Water Rights

Additional Features

  • 6,000 Sq Ft Lot
  • Mineral Rights

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number R3033886

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Greeley City Subdivision

Building Details

  • Gross Income $107,515
  • Net Operating Income $81,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,963

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Year Built: 1902
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Subdivision Name: GREELEY CITY
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Full
  • Total Bedrooms: 12
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Water Rights Included, Mineral Rights Included
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Separate Meter Electricity
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: MULTI-RESI
  • Lot Size Sq Ft: 6000
  • Parcel #: R3033886
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 107514.85
  • Income Includes: ["Lease/Rents","Deposits Forfeited"]
  • Annual Operating Expense: 25963

Tax Info

  • Tax Annual Amount: 3963

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $605,000 -6.9% $140 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $650,000 -16.1% $150 / Sq Ft
02/24/2023 02/24/23 Sold $775,000 0.0% $179 / Sq Ft
01/28/2023 01/28/23 Off Market $775,000 -- --
09/15/2022 09/15/22 For Sale $989,000 -- $228 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1025950

IRES MLS

APN: 0961-06-4-31-007

Colorado Weld County Greeley 80631

1023 12th Ave, Greeley, CO

Homes for Sale in Greeley, CO

This home is located at 1023 12th Ave, Greeley, CO 80631 and is currently priced at $605,000, approximately $139 per square foot. This property was built in 1902. 1023 12th Ave is a home located in Weld County with nearby schools including Maplewood Elementary School, Heath Middle School, and Greeley Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.