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Triplex with Separate Outside Entrances
For Sale
$149,900

501 Colorado Avenue, La Junta, CO 81050

Triplex featuring three kitchens, three baths, and three separate living areas with outside entries.

Property Size2,002 SF
Price / SF$74.88
Days on Market96

Property Features for 501 Colorado Avenue

General Information

Standard status Active
Size 2,002 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $220

Building Details

Year Built 1908
Listing Agency: The Hancock Group Inc.
Listed By: Brian Hancock · License #000116571
Source: Exitrealty
Added: May 9 Changed: Aug 8 Last Checked: Aug 11 at 7:32AM

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 The Hancock Group Inc.

Investment Insights

Based on property information with market context.

This property is a triplex configuration with three kitchens, three bathrooms, and three separate living areas, each with its own outside entry. The home’s interior includes distinctive, intricate woodwork, and the floor plan is laid out to support flexible occupancy arrangements based on how the units are used.

Located at 501 Colorado Avenue in La Junta, CO, the property is described as being within walking distance to downtown shopping. The exterior includes an identified need for a rebuild of the retaining wall along the North side, and the asking price is presented as accounting for that work.

Showings are available on short notice, and prospective buyers are encouraged to view the property in person to evaluate the layout and condition.

Key Highlights

  • Triplex with 3 kitchens, 3 baths, and 3 separate living areas
  • Each living area has its own outside entry
  • Year built: 1908

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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.

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 81050, CO

9,924
Population
4,555
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
86%
High-School Grad
508.2 sq mi
ZIP Area
20
Density / Sq Mi
$60,072
Median Household Income
$37,442
Median Earnings
$764
Median Rent
$181,500
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 - Triplex featuring three kitchens, three baths, and three separate living areas with outside entries.
Where is this triplex located?
The property is located at 501 Colorado Avenue La Junta, CO.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Triplex with 3 kitchens, 3 baths, and 3 separate living areas; Each living area has its own outside entry; Year built: 1908
More about this property
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