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Contemporary Duplex Property
New
For Sale
$11,950,000

115 Park Avenue, Aspen, CO 81611

Residential, Aspen, CO

Property Size3,215 SF
Price / SF$3,716
Days on Market2

Property Features for 115 Park Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 4
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 6, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 5, Bathroom 3
Fencing Fenced
Fireplace 1
Basement Finished
Subdivision Townsite of Aspen
Lot features Interior Lot, Landscaped
Directions From Highway 82 (Cooper Ave) to Park Avenue, property is on Left side of the street. The front door is the right-side of the duplex.
Standard status Active
APN 273718169002
Size 3,215 SF

Taxes and HOA fees

Tax Year 2025
Tax Description SUBDIVISION: 111 & 115 PARK AVE TOWNHOME UNIT: B
Tax Annual Amount 18993
Legal Description SUBDIVISION: 111 & 115 PARK AVE TOWNHOME UNIT: B

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

gas fireplace
recreation room
media room
wet bar
integrated lighting and sound systems
south-facing deck

Building Details

Year built 2009
Floors in Building 3
Building materials Wood Siding, Stone Veneer, Frame
Roof type Composition, Metal
Architectural style Contemporary
Listing Agency: Compass Aspen
Listed By: Karla Beth Spence · License #FA100072811
Added: Sep 23 Last Checked: Sep 24 at 9:06AM
MLS# 194665

Copyright © 2026 Aspen Glenwood 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 contemporary duplex property at 115 Park Avenue in Aspen contains 3,215 square feet and was built in 2009. The residence features an open arrangement connecting the living, dining, and kitchen areas, with reclaimed pine flooring, honed marble, stone finishes, and Wolf appliances. A south-facing deck extends the interior living area, while the lower level includes a recreation room with a gas fireplace, a media room staged as a fifth bedroom, and a wet bar. Integrated lighting and sound systems are installed throughout.

The property is positioned near downtown Aspen and the North Star Nature Preserve, with views toward Aspen Mountain and Smuggler Mountain. Access to downtown is available via the Hopkins pedestrian bridge. The improvements also include a one-car garage, additional alley parking, central air, forced-air heating, public water, and fenced outdoor areas.

Key Highlights

  • 3,215‑square‑foot property built in 2009
  • Contemporary design with wood siding, stone veneer, and frame construction
  • Views toward Aspen Mountain and Smuggler Mountain

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Garden Center Locksmith Carpet & Flooring Store Storage Facility Butcher

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,314
Businesses Nearby

Demographics for 81611, CO

9,637
Population
7,564
Households
1.3
Avg Household Size
43
Median Age
68%
College-Educated
97%
High-School Grad
305.6 sq mi
ZIP Area
32
Density / Sq Mi
$95,708
Median Household Income
$58,255
Median Earnings
$1,822
Median Rent
$1,243,500
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?
Duplex - Contemporary Aspen property with mountain views, a south-facing deck, and a lower-level recreation area.
Where is this duplex located?
The property is located at 115 Park Avenue Aspen, CO.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: 3,215‑square‑foot property built in 2009; Contemporary design with wood siding, stone veneer, and frame construction; Views toward Aspen Mountain and Smuggler Mountain
More about this property
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