717 Elm St Sterling, CO 80751
Estimated payment $1,076/month
Highlights
- No HOA
- 1-Story Property
- 3-minute walk to Prairie Park
- Forced Air Zoned Heating System
About This Home
Exceptional Investment Opportunity - Duplex + Single-Family Home - This centrally located property offers both versatility and long-term rental stability. The duplex features two units: a 2-bedroom currently occupied by a reliable tenant of 5 years, and a 1-bedroom unit that is vacant & ready for immediate occupancy for new rental income. In addition, the single-family home includes 2 bedrooms and an attached 1-car garage. Current tenants have resided for 3.5 years, providing consistent cash flow and peace of mind for investors. Situated near the recreation center, library, parks, and schools, this property combines convenience with strong rental demand. Whether you're seeking a multi-unit investment or a live-in/lease-out option, this offering provides excellent potential in a desirable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $337
Year Built
- Built in 1921
Lot Details
- 9,500 Sq Ft Lot
Home Design
- Property Attached
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,860 Sq Ft Home
- 1-Story Property
- Window Treatments
- Electric Oven or Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 5 Parking Spaces
- Alley Access
Schools
- Sterling Middle School
- Sterling High School
Utilities
- Forced Air Zoned Heating System
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 38052529419023
Community Details
Overview
- No Home Owners Association
- 3 Units
- Stanton & Daleys Sub Subdivision
Building Details
- Gross Income $28,500
- Net Operating Income $24,563
Map
Home Values in the Area
Average Home Value in this Area
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 | $337 | $8,110 | $0 | $0 |
| 2023 | $337 | $8,110 | $0 | $0 |
| 2022 | $541 | $6,410 | $2,420 | $3,990 |
| 2021 | $540 | $6,750 | $2,550 | $4,200 |
| 2020 | $531 | $12,620 | $2,380 | $10,240 |
| 2019 | $534 | $12,620 | $2,380 | $10,240 |
| 2018 | $489 | $5,770 | $1,370 | $4,400 |
| 2017 | $481 | $28,060 | $6,650 | $21,410 |
| 2015 | $586 | $28,820 | $6,150 | $22,670 |
| 2014 | $586 | $27,540 | $6,150 | $21,390 |
| 2013 | $586 | $29,730 | $6,150 | $23,580 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $199,900 | -- | $107 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $97,000 | Stewart Title Sterling Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $63,050 | Adjustable Rate Mortgage/ARM |
Source: IRES MLS
MLS Number: 1048099
APN: 38052529419023
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.
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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