Selected for the Terner Labs Housing Venture Lab

1121 15th Street, Greeley, CO 80631

Active
Listed 106 days ago
Owner-Occupant Eligible
$430,000

About $1,206 a month to live here, after the rent from the other home.

Duplex2,296 sqft6 beds2 bathsListed Jul 29, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$1,206a month

The other home rents for $1,700. We hold back $332 of that for repairs and an empty month, and the rest goes toward a $2,574 monthly payment.

Income to qualify: about $57,000 a year

With how much down?

At 20% down ($86,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $59,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$15,050 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Attention investors! This charming property offers a unique opportunity to live for free while renting out the downstairs unit. The main floor features 2 bedrooms, 1 bathroom, beautiful walnut coffered wood ceilings, a brick fireplace, and a recently updated kitchen with new tile. The unit also boasts a cozy dining area, laundry room, and a spacious front porch with built-in brick planters. Currently rented for $1700, the main floor is in high demand.The lower garden level has been recently renovated with 4 bedrooms, 1 bathroom, and all egress windows. Typically renting for $2200, this unit offers great income potential. The property also includes a fenced backyard with alley access, a large parking area, and a single car detached garage. The yard is equipped with a newer sprinkler system for easy maintenance.Located in a quiet and desirable neighborhood in central Greeley, this home is conveniently close to the university, shopping centers, and entertainment options in downtown and west Greeley. The roof was replaced in 2013 with 30-year architectural shingles, ensuring durability and peace of mind for the new owner.If desired, the existing tenant in the upper unit can relocate with a 30-day notice, allowing for owner-occupancy. Don't miss out on this fantastic investment opportunity!

Duplex

Property Type

8,000 sqft

Lot Size

1916

Year Built

Listing Date: 07/29/2026

Listed by: Kristine Woody

Listing office: Kristine K Woody

Contact: 970-405-8809

Source: REcolorado #IR1065705

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$430,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$430,000
Your Down Payment$86,000
Financed$344,000
Estimated Monthly Payment$2,574

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($86,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,574/month
Principal + Interest
$1,975
Property Taxes
$170
Home Insurance
$429
Rental Income (1 Unit)
$1,700/month

From the listing description.

Rental Expenses
-$332
Cost to live here
$1,206/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

REcolorado logo

MLS# IR1065705 · Listing office: Kristine K Woody

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Uncharted Homes LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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