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

131 Park St, Sterling, CO 80751

Residential Income, Sterling, CO

Property Size3,299 SF
Lot Size0.18 Acres
Price / SF$104.58
Days on Market3

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 Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Basement, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
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 Chain Link, Fenced
Basement Partial, Unfinished, Crawl Space
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)

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: Aug 31 Last Checked: Aug 31 at 4:06AM
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 contains three distinct residences on a 0.18-acre lot. Unit A spans two stories with four bedrooms, two bathrooms, a den, full kitchen, mud room, and washer/dryer hookups. Unit B occupies three levels and includes two bedrooms, a combined living and dining area, updated kitchen, laundry, and a loft. Unit C is a one-bedroom residence with a refreshed kitchen, laundry, full bathroom, and deck. Units A and B also use a second-floor deck.

The property includes a detached two-car garage reached from the alley, a fenced yard, patio, balcony, chain-link fencing, public sewer, forced-air heat, and window, wall, or ceiling-fan cooling. Improvements include newer interior and exterior paint, updated flooring, and a newer roof. Built in 1905 and zoned RES, the property is currently tenant occupied, with leases transferring to the buyer at closing. Showings require 24-hour notice.

Key Highlights

  • 3,299‑square‑foot triplex on a 0.18‑acre lot
  • Three residences with 7 bedrooms and 4 bathrooms combined
  • Detached 2‑car garage with alley access

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately configured residences with updated interiors, laundry provisions, outdoor space, and an alley-accessible garage.
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: 3,299‑square‑foot triplex on a 0.18‑acre lot; Three residences with 7 bedrooms and 4 bathrooms combined; Detached 2‑car garage with alley access
More about this property
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