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$395,000
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Property Description
Fantastic triplex investment opportunity in Downtown Greeley! Major improvements are already done, including two new furnaces, three new water heaters, and a new roof in 2024-making this a low-maintenance, high-performing addition to your portfolio. Discover an excellent opportunity to own a versatile multi-unit property proving the following rents: Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint recently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.41 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.
Full Property Details
Full Property Details for 1218 8th St
General
- Price: $395,000
- Taxes: $1,730 (2024)
- Status: Under Contract
- Type: Multi-Family
- Source: IRES
- MLS ID: 1047594
- Updated: 1/5/2026
- Added to Site: 59 day(s) ago
Interior
- Interior Features: Eat-In Kitchen
- Appliances: Electric Range, Gas Range, Refrigerator, Fire Alarm
Exterior
- Exterior Features: Sprinkler System
- Porch/Patio/Deck: Deck
Location
- Area: Greeley
- County: Weld
- Subdivision: Greeley City
School Information
- School District: Greeley 6
- Elementary School: Maplewood
- Middle School: Franklin
- High School: Northridge
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: Atmos
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Separate Electric Meter, Satellite Available, High-Speed Internet Available
Structural Information
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Roof: Composition
- Square Feet: 2,011
- Sq. Ft. Source: Appraiser
- Year Built: 1892
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,750
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
- Potential Use: Multi-Family
- Zoning: RES
- Fencing (Description): Fenced, Wood, Chain Link
Financial Considerations
- Operating Expenses: $8,840
- Tax Amount: $1,730
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Tenants personal property and Unit 1 washer and dryer
- Property ID: R3015186
Listed by RE/MAX Alliance-Greeley (970) 330-5000
Get Pre-Approved Today
Schools
Schools serving 1218 8th St
School District:Greeley School District 6
| Name | Grades | Distance |
|---|---|---|
Maplewood Elementary School 1201 21st Avenue, Greeley, CO 80631 | K-5 | 0.8 mi |
Heath Middle School 2223 16th Street, Greeley, CO 80631 | 6-8 | 1.1 mi |
Northridge High School 100 71st Avenue, Greeley, CO 80634 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1218 8th St
Date
Details
Price
Change
Source
11/18/2025
Listed
$395,000
-2.71%
MLS
3/15/2022
Sold
$406,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1218 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,731
5%
$24,110
-1%
2023
$1,651
-12%
$24,330
13%
2021
$1,876
5%
$21,450
5%
2022
$1,779
32%
$20,400
32%
2020
$1,347
—
$15,450
—
2019
$1,350
45%
$15,450
38%
2018
$928
-1%
$11,200
—
2017
$933
40%
$11,200
24%
2016
$667
—
$9,010
—
2015
$664
3%
$9,010
5%
2014
$646
-2%
$8,550
—
2013
$657
—
$8,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1218 8th St
1218 8th St, Greeley, CO 80631 (MLS# 1047594) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1218 8th St is currently listed for $395,000 and was received on November 18, 2025. Want to learn more about 1218 8th St? Do you have questions about finding other Multi-Family real estate for sale in Greeley? You can browse all Greeley real estate or contact a Coldwell Banker agent to request more information.

