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Sold on 10/08/2021

415 S 4th Ave, Sterling, CO 80751

$149,500

Last sold 10/08/2021 after 105 Days

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    bed

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    bath

Multi-family not for sale
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About 415 S 4th Ave

Property type Multi-family
Year built 1955
HOA fee $0/month
Lot size 2,614 Sqft
Rental estimate
Property description
Investment OPPORTUNITY. Duplex on small lot. Each side is roughly 390 square feet with living room, 1 bedroom, full bath. Unit 415 has a newer carpet. Unit 417 is fully remodeled with laminate flooring, kitchen and bath upgrades and paint. Unit 415 is rent on a housing voucher at $664 with gas/electric included (roughly $55 month Xcel). Unit 417 is rented at $625 with that tenant paying their own Xcel. Landlord pays water/trash/sewer roughly $189 / month. 24 hour notice required prior to showings. Small shed in back. CAP rate estimated, buyer to run numbers. Property appears to be included in the new flood plain; buyer to verify.
Listed by
Listing Agent - Michele Owen
Listing Agent Contact: 9705220999
Listing Office - RE/MAX Homestead Northeast
Source: IRESMLS mls logo
MLS#944441 • last updated 10 months ago
Movoto checked IRESMLS for data 10 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Forced Air
Levels/Style One
MLS # 944441
Type Residential Income
Status Sold
SubType Duplex
Lot Size (Acres) 0.06
Annual Tax 429
Interior
Basement None
Window Features Window Coverings
Interior Features Eat-in Kitchen
Exterior
Roof Composition
Construction Frame, Wood Siding, Painted/Stained
Structure Duplex
Lot Features Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Other Structures Storage
Fencing Partial, Wood, Wire
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Other, Cable Available
Sewer/ Septic Public Sewer
Electricity XCEL
Water Source City
Appliances No Units Furnished, Electric Range, Gas Range, Refrigerator
Location
View City
County Logan
Subdivision B&M
Middle School Sterling
High School District Valley RE 1
APN 3564000
Directions From Main Street, Go South On 3rd Avenue, Take A Right On Phelps, Take A Left On 4th Avenue, Duplex On The Left
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Trash Collection, None
Total # of Units 2
Cap Rate 6.74
Operating Expense 4795
Income Includes Lease/Rents
Gross Income 14868
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street, Alley
Road Surface Asphalt
Rental est.: $1,167/month
Gross rent multiplier: 10.7
  • Oct 2021
    mls logo MLS # 944441
  • Oct 8, 2021 Sold
    $149,500
  • Jun 26, 2021 Listed
    $149,500
  • Jun 25, 2021 Listed
    $149,500
  • 415 S 4th Ave
    $149K
  • —
  • 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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