- For Sale $615,000
- Property Type Multi-Family
- Property Size 5,633 SF
- Units 4
- Lot Size 0.54 Acre
- Building Class C
- Year Built 1950
- Date Updated Sep 18, 2026
Description
Downtown Meeker owner-user opportunity offering a single-family home with an income-producing triplex on one lot, walking distance to Main Street amenities and the White River.223 Main Street pairs a single family home with a three-unit income property on one lot in downtown Meeker — a layout that works equally well for an owner-occupant looking to offset their mortgage or an investor building a small rental portfolio.
Every unit on the property is currently rented below today's market. As leases turn, inplace rents have room to climb toward stabilized levels, creating a clear, near-term path to increased cash flow without new construction or major capital improvements. At full stabilization, the property is projected to produce $5,200/month in combined rent — a 44.8% increase over current in-place income.
Highlights
- Can be purchased As-Is or part of a Mobile Home Park Collection consisting of 75 units also in Meeker, CO
- Current rents are significantly below market, creating substantial upside for an incoming owner
- Live in the main house while the triplex income helps offset the mortgage, or operate all four units as a single rental portfolio
- Single-family home currently rents for $1,790/month with market rent estimated at $2,500/month
- Stabilized monthly rental income of $5,200, representing approximately 44.8% upside from current rents
- Triplex currently generates $1,800/month, with market rents estimated at $2,700/month
- Unique owner-user investment opportunity featuring a single-family home and income-producing triplex on one lot
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Contacts
David Barocas
Location
Contact Listing Broker
David Barocas