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Greeley 80631
2341 5th Ave
$313,000
● House - Off Market

2341 5th Ave

Greeley, CO 80631
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$1,602
Est. Monthly
4.19%
Cap Rate

About This Property

WOW!! Here's a GEM of a house and a 24 x 36 shop with a 12' door. So much is either new or newer in this home. Stainless steel appliances, new tile backsplash, newer flooring, new double pane windows and newer siding. Enjoy peace of mind with major updates already completed: a new furnace (2016), air conditioning (2019), roof (2024), and a freshly installed lawn and sprinkler system as of July 2025-this home is move-in ready
Unit Size
720 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$426
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (IRES MLS #1039506)

Price History

Date / Event Date Event Price
Oct 2, 2025 Sold
Premium
Sold
Aug 23, 2025 Price Decreased $307,000
↓ $8K (2.5%)
Price Decreased
Jul 18, 2025 Listed by Sears Real Estate $315,000
Listed by Sears Real Estate
Feb 10, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,350
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOLKS ADD
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 1271 L11 BLK1 VOLKS EXC E62.6

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000800

Geography

  • Assessors Map Reference: MAP 1339
  • Account Number: R3483186
  • Parcel: R3483186
  • Block: 1
  • Lot: 11
  • Meridian: SEC 17 TWN 5N RNG 65W
  • Latitude: 40.3995
  • Longitude: -104.686

    Address

  • Full Address: 2341 5th Ave
  • Address - House Number: 2341
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C029
  • 4-Digit Zip Code: 7121
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2023
  • Tax Amount: $107,396
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 289,108
  • High Value: 327,071
  • Low Value: 251,144

    Market Valuation

  • Market Total Value: $253,135
  • Market Land Value: $38,100
  • Market Improvement Value: $215,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,960
  • Assessed Land Value: $2,550
  • Assessed Improvements Value: $14,410

    Sales

  • Current Sale Contract Date: Feb 09, 2010
  • Current Sale Recording Date: Feb 10, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3675319
  • Previous Sale Recording Date: Aug 27, 2009
  • Previous Sale Contract Date: Aug 27, 2009
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1986 ft²

Average Home Age

43.5 years

Currently For Sale

663 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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IRES

Listed by: Ryan Andre, Sears Real Estate
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1039506
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. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 2341 5th Avenue built and last sold?
The property at 2341 5th Avenue was built in 1950 and last sold on Feb 9, 2010 for $65,000.
How much is this home worth?
The estimated value of the home located at 2341 5th Avenue is $303,216.
What are some comparable homes to 2341 5th Avenue?
There are currently no comparable homes to 2341 5th Avenue.
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