223 Main St

For Sale

223 Main St, Meeker, CO 81641

This Meeker property for sale is located at 223 Main St. The general use of 223 Main St is multi-family and it incorporates 5,633 square feet of class C multi-family space. The current listed sale price for 223 Main St is $615,000. 223 Main St is situated on a lot that is 0.54 acre in size.

Contacts

David Barocas

Pinnacle Real Estate Advisors

Property Details

  • 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
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.
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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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Location

  • City Meeker, CO
  • Zip Code 81641

Points of Interest

  • ChargePoint

    0.23 miles

  • Family Dollar

    0.11 miles

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