Greeley, CO 80631 1040 18th St
$498,500
29 more
Presented By: Sears Real Estate; 9703307700
Beds • 6
Baths • 3
SQFT • 2,468
Home Details
ATTENTION INVESTORS! Don't miss this prime opportunity to own a remodeled college duplex just steps from campus with a proven 16+ year rental history. FULLY RENTED FOR THE 2025/2026 season, this versatile property can be leased as two separate 3-bedroom units or as a spacious 6-bedroom, 3-bath single-family home-ideal for maximizing rental income. Recent updates include all-new Hardie Plank siding, hail-resistant roof, and gutters in 2025, offering long-term durability and peace of mind. Situated on a corner lot with mature trees, a sprinkler system, and fenced parking for three vehicles, the property also features hardwood flooring on the main level, newer carpet, two kitchens, and two hot water heaters. Tenants will love the walkability to campus, restaurants, shopping, and more. This is a turn-key investment in a high-demand location!
Presented By: Sears Real Estate; 9703307700
Interior Features for 1040 18th St
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementFull, Partially Finished
Fireplace Y/NNo
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesSeparate Dining Room, Stain/Natural Trim, Shared Baths, 9ft+ Ceilings
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings
General for 1040 18th St
Appliances2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Attached Garage No
Cap Rate5.37
CityGreeley
Construction MaterialsWood/Frame, Concrete
CoolingCeiling Fan(s)
CountyWeld
Elementary SchoolMaplewood
ExclusionsRenter's Personal Property
Facing DirectionNorth
Garage Y/NNo
Gas Y/NNatural Gas, Atmos
Gross Income40524
HOANo
HeatingForced Air
High SchoolGreeley Central
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet5000
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolHeath
Net Operating Income26747
New ConstructionNo
Number Of Units Total2
Operating Expense13777
Patio/Porch FeaturesDeck
Possible UseSingle Family, Multi-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count2
Structure TypeLegal Conforming, Duplex
Subdivision NameCranford Add
Tax Annual Amount2057
Tax Year2024
Tenant PaysDeposit
UtilitiesNatural Gas Available
Year Built1999
ZoningRH
Exterior for 1040 18th St
FencingPartial, Wood
Horse Y/NNo
Lot FeaturesLawn Sprinkler System, Level
Lot Size Acres0.11
Lot Size Area5000
Other ParkingParking Per Unit(1.5 Spaces/Unit)
SpaNo
Water SourceCity Water, City of Greeley
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Greeley Central High School
Elementary School
Maplewood Elementary School
Middle School
Heath Middle School
