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Sold on 05/13/2022

320 S 3rd Ave, Sterling, CO 80751

  • $259,000

    Last sold 05/13/2022 for $189K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 320 S 3rd Ave

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Rental estimate
Property description
Amazing potential for a 5 unit income producing property. Unit 304, east side of duplex, is on a month to month, 320 is a 3 bedroom which will be available the first week of march and rented for $820, the upstairs unit, 320. 5 is a one bedroom that was rented for $500 and is currently available. The basement of the house had been an apartment years ago and could be turned into another apartment. The west side of the duplex needs some attention and is a one bedroom.
Listed by
Listing Agent - Kimberly Fuller
Listing Agent Contact: 9705212735
Listing Office - Choice Real Estate
Source: IRESMLS mls logo
MLS#959562 • last updated 10 months ago
Movoto checked IRESMLS for data 5 minutes ago
Overview
Heating Hot Water
Levels/Style Two
MLS # 959562
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.14
Annual Tax 782
Interior
Basement Full
Window Features Window Coverings
Exterior
Roof Composition
Construction Brick
Lot Features Corner Lot
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Water Source City
Appliances Electric Range, Refrigerator
Location
County Logan
Subdivision B&M
Middle School Sterling
High School District Valley RE 1
APN 2975100
Multifamily Details
Tenant Pays Electricity
Total # of Units 5
Cap Rate 8.96
Operating Expense 11482
Gross Income 28500
Lot/ Land Details
Possible Use Multi-Family
$259K
Range: $191K-$326K
Last 30 days 
Rental est.: $1,167/month
Gross rent multiplier: 13.6
  • May 2022
    mls logo MLS # 959562
  • May 13, 2022 Sold
    $189,900
  • Mar 23, 2022 Pending
    —
  • Mar 21, 2022 Listed
    —
  • Feb 25, 2022 Pending
    —
  • Feb 24, 2022 Listed
    $189,900
  • May 2022
    Public Records
  • May 13, 2022 Sold
    $189,900
  • Year Property taxes Tax assessment
  • 2024
    $636 +16.7%
    $12,030 +29.77%
  • 2023
    $545 -30.3%
    $9,270 -4.92%
  • 2022
    $781 +0.1%
    $9,750
  • 2021
    $781
    $9,750 -47.52%
  • 2019
    $780 +102.3%
    $18,580 +103.95%
  • 2018
    $386 -22.5%
    $9,110 -82.19%
  • 2013
    $497
    $51,160
  • 320 S 3rd Ave
    $189K
  • —
  • 80751
    $235K -12% y/y
  • Sterling
    $235K -12% y/y
No chart available
Statistics calculated by Movoto

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4/10
Campbell Elementary School
public Grades 3-5
Valley Re-1 School District
N/A
Ayres Elementary School
public Grades K-2
Valley Re-1 School District
5/10
Sterling Middle School
public Grades 6-8
Valley Re-1 School District
4/10
Sterling High School
public Grades 9-12
Valley Re-1 School District
Source: GreatSchools.org © 2026. All rights reserved.

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