502-506 Poplar Street Sterling, CO $ 325,000
502-506 Poplar Street
$ 325,000
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502-506 Poplar Street

Sterling, CO, 80751
$ 325,000
Baths0.0 Sq 2,520

Monthly Estimate*

$ 2,001

Listed by Area Wide Realty, LLC
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Studio

Multi-Family Home for sale in Sterling, CO

for $325,000. This 2,520 square foot home was built in 1955 on a lot size of 0.33.

Well-maintained tri-plex investment opportunity with a proven track record of consistent, long-term renters. This property offers immediate income with a solid 6-8% cash-on-cash return, making it an ideal addition to any investor's portfolio. Units have been well cared for, minimizing deferred maintenance and maximizing stability. A true turnkey asset for investors seeking reliable cash flow from day one.

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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,072

Style

Lot Size

0.33

Year Built

1955

Town/City

Sterling

County/Region

Logan

MLS | Web ID

IR1052165

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Oven Refrigerator
Zoning R1
Construction Materials Frame
Exclusions any and all personal property of seller/tenants
Year Built 1955
Tenant Pays Electricity Gas
Levels One
Property Subtype Triplex
Tax Year 2025
Ownership Individual
Gross Income 1050
County Logan
Net Operating Income 26228
Operating Expense 11572
Property Type Residential Income
HOA N
Subdivision Name Poplar & Fifth Rep Of Poplar Place
Possible Use Multi-Family
Status Active
High School Sterling
City Sterling
High School District Valley RE-1
Number Of Units Total 3
Lot Size Square Feet 14575
Listing Terms Cash Conventional
Elementary School Ayres
Tax Annual Amount 2072
Middle/Junior High School Sterling
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Valley RE-1
Cap Rate 8.07
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Interior
Basement Crawl Space None
Basement (Y/N) N
Main Level Bedrooms 0
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Exterior
Fencing Fenced
Lot Features Corner Lot Level
Water Source Public
Building Area Total 2520
Lot Size Acres 0.33
Road Surface Type Paved
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Area Wide Realty, Llc

Broker

(970) 580-6107

Phone

Affordability Calculator

$2,174
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043512 Elementary School
2512592 Middle School
Sterling High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$325,000 Listed Price

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502-506 Poplar Street, Sterling, CO, 80751 is a Multi-Family Home for sale at $325,000 with 2,520 sqft and a lot size of 0.33. 502-506 Poplar Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 80751 which is in Sterling, CO