1412 10th St Greeley, CO 80631
Estimated payment $11,776/month
Highlights
- No HOA
- Central Air
- No Heating
About This Home
The Maple Apartments offer an outstanding investment opportunity in the heart of Greeley. Built in 1996, this well-maintained 10-unit property features large three-bedroom, two-bathroom units, each including dishwashers, ceiling fans, in-unit washer and dryer hookups, and private decks or patios accessed through sliding glass doors. Every unit operates on individual electric and gas meters, ensuring efficiency and convenience for tenants and owners. Adding to the property's value-add potential, The Maples includes 2,200 square feet of storage space on the ground level, offering an exciting opportunity for conversion into one or two additional rental units- maximizing revenue. With renovation and cosmetic upgrades, new ownership can drive higher rent potential and increase NOI YOY. Current rents sit slightly below market, presenting an immediate opportunity by aligning them with market rates. Located just minutes from downtown Greeley and only six blocks from the University of Northern Colorado, The Maple Apartments benefit from strong tenant demand-ideal for families, university-affiliated tenants, and young professionals. A great opportunity to acquire a well-positioned asset with room for appreciation and income growth in a thriving rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,358
Year Built
- Built in 1996
Lot Details
- 0.43 Acre Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 13,281 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 30 Bedrooms
- 20 Bathrooms
Schools
- Maplewood Elementary School
- Brentwood Middle School
- Greeley Central High School
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Assessor Parcel Number R7333098
Community Details
Overview
- No Home Owners Association
- 10 Units
- Hunters Sub Subdivision
Building Details
- Gross Income $178,997
- Net Operating Income $171,639
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $2,000,000 | -9.1% | $151 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $2,200,000 | +69.2% | $166 / Sq Ft |
| 03/22/2021 03/22/21 | Off Market | $1,300,000 | -- | -- |
| 12/22/2020 12/22/20 | Sold | $1,300,000 | -6.8% | $98 / Sq Ft |
| 10/07/2020 10/07/20 | For Sale | $1,395,000 | -- | $105 / Sq Ft |
Source: IRES MLS
MLS Number: 1030086
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