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Home » Real Estate » CO » Sterling » 80751 » 905 S 2nd Ave, Sterling, CO, 80751
$569,000

905 S 2nd Ave, Sterling, CO, 80751

3,006 Square Feet
This is a rare opportunity to own a well-kept, fully leased property in a strong rental market. Whether you're expanding your portfolio or seeking a stable income-producing asset, the Patio Apartments in Sterling are an investment you won't want to miss! Now available, The Patio Apartments, a unique and highly desirable 5-unit multifamily property located at 905 S 2nd Ave, Sterling, CO. This well-maintained income property is a proven earner with a strong rental history, long-term tenants, and recent updates that make it truly turnkey. Property Highlights: * Fourplex + Single Unit (5 total) - Each unit is 1 bed / 1 bath with kitchen, living room, laundry, and private patio. * Renovation Upgrades Include: o New exterior paint and landscaping o New perimeter fencing o LED lighting inside two updated units & throughout exterior o In-unit washer/dryers in every apartment o Some units with new electric cook tops o Two units recently refreshed with new paint and lighting * 5 exterior storage units available for tenant rental * Ample public parking directly in front for tenants and guests Investment Advantage: * Fully leased through June 30, 2026 with reliable tenants * One tenant has called this property home for over 20 years * Units are easy to rent due to desirable layout and convenient location * Stable rental demand from nearby Sterling Correctional Facility and strong local employment base Sterling is the largest city in Northeastern Colorado, offering a balance of small-town charm and essential amenities. With a growing economy, anchored by healthcare, corrections, education, and local businesses, Sterling provides a steady pool of reliable tenants. Outdoor enthusiasts appreciate its proximity to North Sterling State Park for boating, fishing, and recreation. The city's vibrant downtown, local shops, and community events add to the appeal for both residents and investors. Call Jon for additional information at 303-246-8740 mobile/text
Offered By
Deborah Kleppe deb@mountain-east.com,303-828-2800, Metered Realty

Property Details

Property Type Residential Income
Status Active
Property Sub Type Income Property
Square Feet 3,006
MLS # 9240327

Market Trends

New Properties On Market
35
40% Increase In New Listings
Average Asking Price
$281,441
$68,883 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$152
$10 Decrease In List Price/Sq. Ft.
Average Days On Market
10
26 Day Decrease In Days On Market
Data as of Sep 11, 2025. Remaining statistics above are calculated on activity within the period from Jul 01, 2025 to Aug 31, 2025.
Information deemed reliable but not guaranteed by the MLS. 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 9/9/2025 at 7:18 pm