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$387,000
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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
- Sold For: $387,000
- Taxes: $1,730 (2024)
- Status: Closed
- Type: Multi-Family
- Source: IRES
- MLS ID: 1047594
- Added to Site: 105 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
- Permitted 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
Sold by (970) 330-5000
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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
1/23/2026
Sold
$387,000
-2.03%
MLS
11/18/2025
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1218 8th St, Greeley, CO 80631 (MLS# 1047594) is a Multi-Family property that was sold at $387,000 on January 23, 2026. 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.

