901-907 Phelps Street Sterling, CO $ 187,500
901-907 Phelps Street
$ 187,500
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901-907 Phelps Street

Sterling, CO, 80751
$ 187,500
Baths0.0 Sq 1,344

Monthly Estimate*

$ 1,154

Listed by Town Square Realty
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Studio

Multi-Family Home for sale in Sterling, CO

for $187,500. This 1,344 square foot home was built in 1979 on a lot size of 0.29.

Incredible investment or multi-generational opportunity! This unique property includes FOUR consolidated lots with two move-in ready manufactured homes known as 903 & 907 Phelps St. The lot consolidation creates one spacious property with excellent yard space, privacy, parking, and flexibility for future use. Both homes were tenant occupied for the past 5 years and are now ready for owner occupancy or new tenants. 907 features brand new carpet! Each home includes kitchen appliances, window coverings, fenced yards, private storage sheds on concrete slabs, and newer 2-car carports. Great setup for rental income, extended family living, or owner-occupy one and rent the other. Convenient Sterling location with plenty of outdoor space and potential! Seller is a licensed Colorado real estate broker.

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Multi-Family Active

Price

$ 187,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 157

Style

Lot Size

0.29

Year Built

1979

Town/City

Sterling

County/Region

Logan

MLS | Web ID

IR1060476

Features
Interior
Interior Amenities Eat-in Kitchen
Basement Crawl Space
Basement (Y/N) N
Laundry Features In Unit
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Membrane Metal
Appliances Dishwasher Microwave Oven Refrigerator
Zoning CB
Patio/Porch Features Deck
Security Features Smoke Detector(s)
Construction Materials Metal Siding Frame
Exclusions Personal Property of Sellers
Year Built 1979
Tenant Pays Electricity Gas
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 1900
County Logan
Net Operating Income -1937.21
Operating Expense 1937.21
Property Type Residential Income
HOA N
Subdivision Name Bowling Green
Possible Use Residential
Status Active
Directions From West Main go to S. 9th Ave go South 3 blocks to Phelps St. Mobile homes on the left.
High School Sterling
City Sterling
High School District Valley RE-1
Number Of Units Total 2
Lot Size Square Feet 12632
Listing Terms Cash Conventional
Elementary School Ayres
Tax Annual Amount 157.21
Middle/Junior High School Sterling
Concessions No
Standard Status Active
Elementary School District Valley RE-1
Cap Rate -1.03
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Exterior
Fencing Fenced
Lot Features Corner Lot Flood Zone Level
Water Source Public
Total Parking 4
Building Area Total 1344
Lot Size Acres 0.29
Road Surface Type Alley Paved Paved
Road Frontage Type Public
Builder Model Central
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Internal Only
Street Number 1 901
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* Excluded Features
List By
Town Square Realty

Broker

(970) 520-0506

Phone

Affordability Calculator

$1,168
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,154
Monthly Property Taxes
$13
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3043512 Elementary School
2512592 Middle School
Sterling High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2026$187,500 Listed Price

Map


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901-907 Phelps Street, Sterling, CO, 80751 is a Multi-Family Home for sale at $187,500 with 1,344 sqft and a lot size of 0.29. 901-907 Phelps Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 80751 which is in Sterling, CO