$205,000

424 S 2nd St Sterling, CO 80751

Estimated payment $1,158/month

Total Views 24,191
4 Beds
2 Baths
1,675 Sq Ft
$122 Price per Sq Ft

Highlights

  • City View
  • Cathedral Ceiling
  • Enclosed patio or porch
  • Open Floorplan
  • No HOA
  • Eat-In Kitchen

About This Home

Versatile Dual-Unit Property Near Downtown Sterling! This unique property features two separate living spaces, offering fantastic flexibility for investors. The front house is a spacious 2-bedroom, 1-bathroom home with 973 sq. ft. of living space. The front house is currently being rented out for 1,035/month with the tenant moving in 2/24/25 for a 1-year lease. The back house offers 2 bedrooms and 1 bathroom across 702 sq. ft. of living space. With a cozy layout and privacy, it's currently being rented for $850/month with lease ending in October. This property is conveniently located close to downtown Sterling and within easy access to local amenities. This property presents great investment opportunities. Don't wait-schedule you're showing today and explore all the possibilities this property has to offer!

Listing Agent

Tana Boothe

HomeSmart Realty Group Lvld Listed on: 05/13/2025

HomeSmart Realty Group Lvld

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $421

Year Built

  • Built in 1910

Lot Details

  • 5,750 Sq Ft Lot
  • Dirt Road
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Parking

  • Alley Access

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,675 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Dining Room
  • Painted or Stained Flooring
  • City Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed patio or porch

Schools

  • Sterling Middle School
  • Sterling High School

Utilities

  • Air Conditioning
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number 38052532120010

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Minos C Kins & Sarah E Smith Subdivision

Building Details

  • Gross Income $1,885
  • Net Operating Income $1,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$421

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Inclusions: Electric Range/Oven,Refrigerator
  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Surface Type: Dirt, Asphalt
  • Subdivision Name: Minos C Kins & Sarah E Smith
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1675
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood, Chain Link
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Vinyl Siding, Wood Siding, Painted/Stained
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric
  • Heating: Hot Water, Baseboard, Zoned, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Sterling
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Other
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 5750
  • Parcel #: 38052532120010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 421

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1885
  • Annual Operating Expense: 421
  • Total Actual Rent: 1885

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $421 $9,210 $0 $0
2023 $421 $9,210 $0 $0
2022 $600 $7,120 $1,470 $5,650
2021 $370 $4,620 $1,540 $3,080
2020 $442 $10,520 $1,450 $9,070
2019 $441 $10,440 $1,440 $9,000
2018 $337 $3,980 $830 $3,150
2017 $332 $19,330 $4,030 $15,300
2015 $460 $22,430 $3,720 $18,710
2014 $460 $23,290 $3,720 $19,570
2013 $460 $23,290 $3,720 $19,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $205,000 +86.4% $122 / Sq Ft
06/16/2021 06/16/21 Off Market $110,000 -- --
03/17/2021 03/17/21 Sold $110,000 -12.0% $62 / Sq Ft
01/08/2021 01/08/21 For Sale $125,000 -- $70 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $189,000 Stewart Title
Warranty Deed $110,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,750 New Conventional
Previous Owner $49,642 New Conventional
Source: Public Records

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Source: IRES MLS

MLS Number: 1033863

IRES MLS

APN: 38052532120010