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Four-Unit Residential Property
For Sale
$325,000

221 Hamilton St, Sterling, CO 80751

Residential Income, Sterling, CO

Property Size5,900 SF
Lot Size0.14 Acres
Price / SF$55.08
Days on Market57

Property Features for 221 Hamilton St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning res
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Dining Room, Bedroom 1, Bedroom 2, Bathroom 2
Parking 8
Window features Window Coverings
Interior features Eat-in Kitchen, Separate Dining Room
Appliances Electric Range, Dishwasher, Refrigerator, All Appliances
Subdivision B&M 1st Add
Lot features Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
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 3RD AVENUE, 4-PLEX ON THE CORNER OF S 3RD AVENUE AND HAMILTON.
Standard status Active
APN 38052532213006
Size 5,900 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 404

Utilities

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

Building Details

Year built 1950
Floors in Building 2
Building materials Frame, Brick, Wood Siding, Painted/Stained
Roof type Composition
Listing Agency: Sterlings Homes LLC · RE/MAX International
Listed By: Michele Owen · License #FA40005110
Added: Jun 29 Changed: Aug 19 Last Checked: Aug 24 at 9:06AM
MLS# 1063383

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 5900-square-foot quadplex contains four individual residences within a 1950-built property. The unit mix includes two two-bedroom apartments and two one-bedroom apartments, with living and kitchen areas across the residences. Features include eat-in kitchens, separate dining areas, stoves, refrigerators, washer and dryer hookups, forced-air heat in select units, and a combination of space heating and cooling equipment. The upper-level one-bedroom apartment is undergoing cleaning and is currently vacant.

Set on a 0.14-acre corner lot, the property includes some off-street parking. Construction incorporates frame, brick, and wood siding, with a composition roof and recently painted exterior. The property is designated residential zoning, served by public sewer, and has cable availability.

Key Highlights

  • Four individual residential units in a quadplex configuration
  • 5900 SF property on a 0.14‑acre corner lot
  • Unit mix includes two 2‑bedroom and two 1‑bedroom residences

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Corner-lot multifamily asset with varied layouts, included appliances, and a freshly painted exterior.
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 in a quadplex configuration; 5900 SF property on a 0.14‑acre corner lot; Unit mix includes two 2‑bedroom and two 1‑bedroom residences
More about this property
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