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$340,000
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Property Description
Updated Tri-plex with a detached 2-car garage with alley access. Unit A is a 4-bedroom, 2-story unit with remodeled full bath and 1/2 bath. It features a large living room, Den (can be used as a 5th bedroom or formal dining room), full kitchen with appliances plus a mud room with washer/dryer hook-ups. There is one bedroom on the main level and 3 upstairs. Unit B is a 3-story unit with Living Room/Dining Room combo, 1/2 bath (main floor), updated kitchen with stove and refrigerator and washer/dryer. Middle floor bedroom with full bath, and spiral stairs to 3-story loft for 2nd bedroom. Use of fenced yard. Unit C off Park St is a roomy 1-bedroom unit with living room, nice, updated kitchen, washer/dryer and full bath. Nice deck. Many updates including newer paint inside and out, updated flooring, newer roof and more. Tenant occupied, 24-hour notice to show. Leases to transfer/assign to buyer at closing. Unit A and B have access to to 2nd floor deck.
Full Property Details
Full Property Details for 131 Park St
General
- Price: $340,000
- Taxes: $1,316 (2025)
- Status: Active
- Type: Multi-Family
- Source: IRES
- MLS ID: 1067584
- Updated: 10/7/2026
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Eat-In Kitchen, Separate Dining Room, Walk-In Closet(s), Washer/Dryer Hookup
- Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal, Fire Alarm
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Patio, Enclosed
Parking
- Total Spaces: 8
- Parking Features: Garage Door Opener
Location
- Area: Sterling
- County: Logan
- Subdivision: B&M 1st Add
- Driving 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
School Information
- School District: Valley RE 1
- Elementary School: Ayres
- Middle School: Sterling
- High School: Sterling
Heating & Cooling
- Cooling Type: Wall/Window Unit(s), Ceiling Fan(s)
- Heating Type: Forced Air, 2 or more Heat Sources
Utilities
- Gas: Yes
- Gas: XCEL
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Satellite Available
Structural Information
- Construction: Frame, Wood Siding, Painted/Stained
- Exterior Const.: Frame, Wood Siding, Painted/Stained
- Basement: Yes
- Basement Desc.: Partial, Unfinished, Crawl Space
- Roof: Composition
- Windows: Window Coverings
- Square Feet: 3,299
- Sq. Ft. Source: Assessor
- Year Built: 1905
Lot Features
- Property View: City
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,701
- Frontage: City Street, Alley
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Corner Lot, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet
- Potential Use: Multi-Family
- Zoning: RES
- Fencing (Description): Fenced, Chain Link
Financial Considerations
- Operating Expenses: $7,216
- Tax Amount: $1,316
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Personal property of the tenants.
- Property ID: 38052532236007
Listed by RE/MAX Homestead Northeast (970) 522-0999
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Schools
Schools serving 131 Park St
School District:Valley School District Re-1
| Name | Grades | Distance |
|---|---|---|
Campbell Elementary School 902 Clark Street, Sterling, CO 80751 | 3-5 | 0.9 mi |
Ayres Elementary School 1812 Robin Road, Sterling, CO 80751 | K-2 | 1 mi |
Sterling Middle School 1177 Pawnee Avenue, Sterling, CO 80751 | 6-8 | 1.4 mi |
Sterling High School 407 West Broadway Street, Sterling, CO 80751 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 Park St
Date
Details
Price
Change
Source
10/07/2026
Price Reduced
$340,000
-1.45%
MLS
8/29/2026
Listed
$345,000
-23.33%
MLS
4/01/2022
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,316
171%
$15,699
56%
2024
$486
17%
$10,060
—
2023
$416
-37%
$10,060
22%
2021
$660
—
$8,240
5%
2022
$660
2%
$7,830
-49%
2019
$644
4%
$15,360
110%
2018
$619
2%
$7,310
—
2017
$609
-19%
$7,310
-20%
2016
$750
—
$9,100
—
2015
$750
16%
$9,100
19%
2019
$644
-15%
$7,620
-13%
2014
$760
—
$8,770
—
2013
$761
—
$8,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 Park St
131 Park St, Sterling, CO 80751 (MLS# 1067584) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 131 Park St is currently listed for $340,000 and was received on August 29, 2026. Want to learn more about 131 Park St? Do you have questions about finding other Multi-Family real estate for sale in Sterling? You can browse all Sterling real estate or contact a Coldwell Banker agent to request more information.

