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229 15th St, Greeley, CO, 80631

2beds
2baths
6,080sqft
$1,500,000
$247price/sqft
$9,777/moest. monthly cost
$391,080/yrincome needed

About This Home

Unique opportunity to own a modern 8-unit, well-kept property! Numbers provided in MLS are actual (not proforma). Includes 8 apartments that each have 2 beds and 2 baths. Additionally, there are 16 garages and 12 storage units, providing low-maintenance added revenue. The property has a new roof, and most of the units are updated with new windows, paint, appliances, and more. Apartment leases currently come with a 1 car garage and storage unit. The 8 two-car garages are rented separately. All tenants have been through background and credit checks. There is room to raise rents on most of the units. Coin-op laundry brings in additional income. Don't miss this one!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

2/10
3/10
Heath Middle SchoolGrades 6-81.7 mi
3/10
Northridge High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Window features: Window Coverings

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 6,080
  • Total interior livable area: 6,080 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Main Floor Bath,Accessible Bedroom

Details

  • Parcel number: R3226286
  • Zoning: RH
  • Special condition: Private Owner

Features

  • Levels: Bi-Level
  • Exterior features: Sprinkler System
  • Fencing: Partial
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 0.44 Acres
  • Features: Corner Lot,Level,Paved,Curbs,Gutters,Sidewalks,Alley

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Cold Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$1,048$12,576
Property Taxes $687$8,244
Electricity $458$5,507
Total$9,777$117,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$335,211/yr
40% on housing$293,310/yr
45% on housing$260,720/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 80631$157
Weld County$214

vs Homes Sold Last Month

Median $/sqft

ZIP 80631$202
Weld County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-08Price change$1,150
2026-02-24Price change$1,300
2026-02-12Listed for rent$1,350
2025-09-11Listed for sale$1,500,000
2025-05-06Listing removed$1,750,000
2025-02-24Price change$1,750,000
2024-12-13Listed for sale$1,825,000
2024-01-31Listing removed--
2023-12-07Listed for rent$1,250

For Sale by Agent

AgentJustin Gesso
BrokeragePro Realty Inc

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