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Updated Triplex with Detached Garage
New
For Sale
$345,000

131 Park St, Sterling, CO 80751

Tenant-occupied triplex offering varied layouts, updated interiors, outdoor areas, and alley-accessible parking improvements.

Property Size3,299 SF
Price / SF$104.58
Days on Market4

Property Features for 131 Park St

General Information

Standard status Active
Size 3,299 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR, 1 x 2BR, 1 x 1BR
Multifamily Units 3

Additional Details

Road Access Yes

Amenities

fenced yard
deck
washer/dryer

Building Details

Year Built 1905
Listing Agency: Sterlings Homes LLC
Listed By: Michele Owen 9705220999 · License #40005110
Source: Findhomesofmetrodenver
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 2 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sterlings Homes LLC

Investment Insights

Based on property information with market context.

This updated triplex contains three distinct residential units with a combined PropertySize of 3299 square feet. Unit A is a 4-bedroom, 2-story residence with a remodeled full bath, half bath, spacious living room, den, equipped kitchen, mud room, and washer/dryer hookups. Unit B spans 3 stories and includes a living-dining area, two bathrooms, updated kitchen, laundry, two bedrooms, and a loft. Unit C provides one bedroom, a living room, updated kitchen, laundry, full bath, and deck. Units A and B also have access to a second-floor deck.

The property includes a detached 2-car garage with alley access and a fenced yard. Interior and exterior paint, flooring, and the roof have been updated. All three units are tenant occupied, with leases transferring or assigning to the buyer at closing. Showings require 24-hour notice.

Key Highlights

  • Three‑unit property with combined PropertySize of 3299 square feet
  • Unit A offers 4 bedrooms across a 2‑story layout, plus a den
  • Unit B is a 3‑story, 2‑bedroom unit with a loft and spiral stairs

Property Analytics

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
Yes
Paved road access

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

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 - Tenant-occupied triplex offering varied layouts, updated interiors, outdoor areas, and alley-accessible parking improvements.
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 $345,000.
What are key features of this property?
This property features: Three‑unit property with combined PropertySize of 3299 square feet; Unit A offers 4 bedrooms across a 2‑story layout, plus a den; Unit B is a 3‑story, 2‑bedroom unit with a loft and spiral stairs
More about this property
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