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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, Metered Realty

Property Details

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

Market Trends

New Properties On Market
19
58% Increase In New Listings
Average Asking Price
$245,752
$37,148 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$153
$16 Increase In List Price/Sq. Ft.
Average Days On Market
8
34 Day Decrease In Days On Market
Data as of Mar 14, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.

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