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Triplex with Detached Garage
For Sale
$340,000

131 Park St, Sterling, CO 80751

Residential Income, Sterling, CO

Property Size3,299 SF
Lot Size0.18 Acres
Price / SF$103.06
Days on Market41

Property Features for 131 Park St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 5, Bathroom 2, Dining Room, Bedroom 6, Bedroom 2, Bedroom 1
Parking 8
Parking features Open
Window features Window Coverings
Patio and Porch features Patio
Interior features Eat-in Kitchen, Separate Dining Room, Walk-In Closet(s), Washer/Dryer Hookup
Exterior features Balcony
Fencing Fenced, Chain Link
Basement Crawl Space, Partial, Unfinished
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal, Fire Alarm
Subdivision B&M 1st Add
Lot features Corner Lot, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet
View City
Elementary school Ayres
Middle school Sterling
High school Sterling
Elementary school district Valley RE 1
Middle school district Valley RE 1
High school district Valley RE 1
Directions From Main Street, go South on Division, take a right (West) on Park, property down on the Left Corner of Park and S 2nd Ave
Standard status Active
APN 38052532236007
Size 3,299 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1316

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
Water source Public

Amenities

washer/dryer
fenced yard
deck

Building Details

Year built 1905
Floors in Building 3
Number of units 3
Building materials Frame, Wood Siding, Painted/Stained
Roof type Composition
Listing Agency: Sterlings Homes LLC · RE/MAX International
Listed By: Michele Owen · License #40005110
Added: Aug 29 Changed: Oct 7 Last Checked: Oct 8 at 11:06AM
MLS# 1067584

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,299-square-foot triplex on a 0.18-acre lot contains three apartments with varied layouts. Unit A has four bedrooms, two bathrooms, a den, kitchen, mudroom, and two levels. Unit B spans three levels and includes two bedrooms, a living and dining area, kitchen, and spiral stairs to a loft. Unit C is a one-bedroom apartment with a living room and updated kitchen. Units A and B have access to a second-floor deck; Unit C has a deck, and the property also includes a fenced yard. A detached two-car garage is accessed from the alley.

The building dates to 1905 and has had interior and exterior paint, flooring, and roof updates. The units are tenant occupied, and leases are to be assigned to the buyer at closing. The property is zoned RES and located in Sterling, Colorado.

Key Highlights

  • Three apartments totaling 3,299 square feet on a 0.18‑acre lot
  • Unit A offers four bedrooms, two bathrooms, and a den across two levels
  • Three‑story Unit B has two bedrooms and a loft reached by spiral stairs

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Daycare Center (Bike/Boat/Book/etc) Store Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 80751, CO

17,702
Population
6,864
Households
2.6
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
475.8 sq mi
ZIP Area
37
Density / Sq Mi
$49,221
Median Household Income
$32,814
Median Earnings
$1,033
Median Rent
$232,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct apartments include two multi-level layouts, updated kitchens, laundry features, and access to outdoor space.
Where is this triplex located?
The property is located at 131 Park St Sterling, CO.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Three apartments totaling 3,299 square feet on a 0.18‑acre lot; Unit A offers four bedrooms, two bathrooms, and a den across two levels; Three‑story Unit B has two bedrooms and a loft reached by spiral stairs
More about this property
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