$549,900

501 N 4th St Unit A,B,C,D Sterling, CO 80751

Estimated payment $3,010/month

7 Beds
4 Baths
3,788 Sq Ft
$145 Price per Sq Ft

Highlights

  • City View
  • Cathedral Ceiling
  • Corner Lot
  • Open Floorplan
  • Victorian Architecture
  • No HOA

About This Home

Incredible Opportunity to add to your current Investment Portfolio or for the First time Investor / Owner Occupant. 4 Units total, all currently rented with a cap rate of $7.91 One, Single Family Unit, One Studio Unit, and a Duplex. All with Separate Entrances. Shared yard, Fully fenced. Great Location. Entire Property was completely Renovated in 2019, All new Mechanicals (Plumbing, Electrical and HVAC) as well as all new interiors. New Drywall, Flooring, Stainless appliances, New Bathrooms, New Kitchens, Flooring and easy to maintain Finishes. Property is currently Professionally Managed, and willing to represent new owner as well. Tenant Occupied, Requires 24 Hour notice to show.

Listing Agent

Sheri LePore

Precision Homes Real Estate Listed on: 12/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1911

Lot Details

  • 8,999 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Zero Lot Line

Home Design

  • Duplex
  • Victorian Architecture
  • Cottage
  • Patio Home
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,788 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Dining Room
  • Painted or Stained Flooring
  • City Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Bathrooms
  • Primary bathroom on main floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 11 Parking Spaces
  • Alley Access
  • Driveway Level

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Accessible Entrance
  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Ayres Elementary School
  • Sterling Middle School
  • Sterling High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Water Rights Not Included
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 38052529416025

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • M C Kings Sub 2Nd Subdivision

Building Details

  • Gross Income $55,200
  • Net Operating Income $43,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Inclusions: All Appliances,Disposal,Smoke Alarm(s)
  • Year Built: 1911
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: M C Kings Sub 2nd
  • Directions: From Main St / Chestnut St, Go North on N 4th St. Property Is located on the Northwest corner of Walnut and N 4th St.
  • Architectural Style: Patio Home, Cottage/Bung, Victorian, Ranch
  • Unit Levels: One, Bi-Level
  • New Construction: No
  • Efficiency: HVAC
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3788
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: All Appliances, Disposal
  • Accessibility Features: Level Lot, Level Drive, Accessible Hallway(s), Low Carpet, Accessible Entrance, No Stairs, Other Access, Main Floor Bath, Main Level Bedroom
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s), Outside Entry, Kitchen Island, Split Bedroom Floor Plan

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Zero Lot Line, Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Water Rights Excluded, Mineral Rights Excluded, Corner Lot
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: No Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Direction Faces: East
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 11

Utilities

  • Cooling: Central Air, Wall/Window Unit(s), Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air, Baseboard, 2 or more Heat Sources, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Security: Smoke Detector(s)
  • 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, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ayres,Campbell
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Fixed Term
  • Lot Size Sq Ft: 8999
  • Parcel #: 38052529416025
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1506

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 55200
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 4600

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2025 12/06/25 For Sale $549,900 -- $145 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1048203

IRES MLS
Colorado Logan County Sterling 80751

501 N 4th St Unit A,B,C,D, Sterling, CO

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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Sheri LePore
Listing Agent
Sheri LePore
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Precision Homes Real Estate
(970) 715-8354