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Four-Unit Apartment Building
For Sale
$325,000

221 Hamilton St, Sterling, CO 80751

Individually configured residences include kitchens, appliances, and washer/dryer hookups.

Property SizeContact for details
Days on Market57

Property Features for 221 Hamilton St

General Information

Standard status Active
Property subtype Investment

Units

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

Taxes and HOA fees

Annual Taxes $404

Building Details

Year Built 1950
Listing Agency: Re/max Homestead Northeast LLC
Listed By: Michele Owen · License #40005110
Source: Elliman
Added: Jul 9 Changed: Sep 3 Last Checked: Sep 1 at 10:35PM

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 Re/max Homestead Northeast LLC

Investment Insights

Based on property information with market context.

This four-unit residential property contains a mix of one- and two-bedroom residences. Unit 221 Hamilton includes two bedrooms, a 3/4 bath, living room, dining area, eat-in kitchen, stove, refrigerator, forced-air A/C, and washer/dryer hookups. The 221 1/2 Hamilton residence offers one bedroom, a full bath, living room, kitchen, stove, and refrigerator. The two-bedroom home at 301 S 3rd Avenue has a living room, dining room, kitchen, stove, refrigerator, and forced-air heat. The upper-level apartment at 303 S 3rd Avenue includes one bedroom, a small dining area, kitchen, stove, and refrigerator; it is currently vacant and being cleaned.

The property occupies a corner lot at 221 Hamilton St in Sterling, Colorado, with some off-street parking. The exterior has been freshly painted. Walk Score is 75 and Bike Score is 50.

Key Highlights

  • Four individual residential units with two one‑bedroom and two two‑bedroom layouts
  • Unit 221 Hamilton includes washer/dryer hookups, eat‑in kitchen, forced‑air A/C, and 3/4 bath
  • Stoves and refrigerators are provided in all four units

Property Analytics

Current Use

Quadplexes

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

802
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Individually configured residences include kitchens, appliances, and washer/dryer hookups.
Where is this quadplex located?
The property is located at 221 Hamilton St Sterling, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four individual residential units with two one‑bedroom and two two‑bedroom layouts; Unit 221 Hamilton includes washer/dryer hookups, eat‑in kitchen, forced‑air A/C, and 3/4 bath; Stoves and refrigerators are provided in all four units
More about this property
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