424 S 2nd Street Sterling, CO $ 190,000
424 S 2nd Street
$ 190,000
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424 S 2nd Street

Sterling, CO, 80751
$ 190,000
Baths0.0 Sq 973

Monthly Estimate*

$ 1,170

Listed by HomeSmart Realty Group Lvld
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Studio

Multi-Family Home for sale in Sterling, CO

for $190,000. This 973 square foot home was built in 1910 on a lot size of 0.13.

Fantastic investment opportunity near downtown Sterling! This unique property features two separate homes on one lot, offering flexibility for investors, owner-occupants, or those seeking additional rental income. The front home offers 973 square feet of living space with 2 bedrooms and 1 bathroom. It is currently rented on a month-to-month basis for $1,035 per month, providing immediate income potential. The back home features 702 square feet with 2 bedrooms and 1 bathroom. The previous tenant paid $850 per month. The unit is currently available, allowing the next owner the option to occupy the home or secure a new tenant at their discretion. Conveniently located near downtown Sterling with easy access to shopping, dining, schools, and local amenities, this property offers a variety of possibilities. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or maximize rental income from both homes, this property is worth a look. Schedule your showing today and discover the potential this versatile property has to offer!

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Multi-Family Active

Price

$ 190,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 421

Style

Lot Size

0.13

Year Built

1910

Town/City

Sterling

County/Region

Logan

MLS | Web ID

IR1061231

Features
General
Sewer Public Sewer
Heating Baseboard Hot Water
Cooling Air Conditioning-Room
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Oven Refrigerator
Zoning RES
Construction Materials Vinyl Siding Frame
Exclusions Personal property of the tenants.
Year Built 1910
Tenant Pays Electricity Gas
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 1035
County Logan
Net Operating Income 1464
Operating Expense 421
Property Type Residential Income
HOA N
Subdivision Name Minos C Kins & Sarah E Smith
Status Active
High School Sterling
City Sterling
High School District Valley RE-1
Number Of Units Total 2
Lot Size Square Feet 5750
Elementary School Other
Tax Annual Amount 421
Middle/Junior High School Sterling
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Valley RE-1
Cap Rate 0.77
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Interior
Basement Crawl Space None
Basement (Y/N) N
Main Level Bedrooms 0
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Exterior
Fencing Fenced Partial
Water Source Public
Foundation Details Slab
Building Area Total 973
Lot Size Acres 0.13
Road Surface Type Alley Paved Dirt Paved
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Internal Only
Street Number 1 424
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* Excluded Features
List By
Homesmart Realty Group Lvld

Broker

(720) 394-0127

Phone

Affordability Calculator

$1,205
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,170
Monthly Property Taxes
$35
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
3043695 Elementary School
2512592 Middle School
Sterling High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$190,000 Listed Price

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424 S 2nd Street, Sterling, CO, 80751 is a Multi-Family Home for sale at $190,000 with 973 sqft and a lot size of 0.13. 424 S 2nd Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 80751 which is in Sterling, CO