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Sold on 08/06/2026
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  • Living
  • Kitchen
  • Bedroom
  • Bath
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901 Phelps St, Sterling, CO 80751

$150,000

Last sold 08/06/2026 after 69 Days

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    bed

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    bath

Multi-family not for sale
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About 901 Phelps St

Property type Multi-family
Year built 1979
HOA fee $0/month
Lot size 0.29 Acre
Rental estimate
Property description
Incredible investment or multi-generational opportunity! This unique property includes FOUR consolidated lots with two move-in ready manufactured homes known as 903 & 907 Phelps St. The lot consolidation creates one spacious property with excellent yard space, privacy, parking, and flexibility for future use. Both homes were tenant occupied for the past 5 years and are now ready for owner occupancy or new tenants. 907 features brand new carpet! Each home includes kitchen appliances, window coverings, fenced yards, private storage sheds on concrete slabs, and newer 2-car carports. Great setup for rental income, extended family living, or owner-occupy one and rent the other. Convenient Sterling location with plenty of outdoor space and potential! Seller is a licensed Colorado real estate broker.
Listed by
Listing Agent - Wendy Jerman
Listing Agent Contact: 9705222009
Listing Office - Town Square Realty
Source: IRESMLS mls logo
MLS#1060476 • last updated 1 month ago
Movoto checked IRESMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Forced Air
Levels/Style One
MLS # 1060476
Type Residential Income
Status Sold
Lot Size (Acres) 0.29
Annual Tax 157.21
Interior
Basement Crawl Space
Accessibility Features Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom
Interior Features Eat-in Kitchen, Separate Dining Room, Washer/Dryer Hookup
Exterior
Roof Metal, Rubber
Construction Frame, Metal Siding
Patio & Porch Deck
Structure Manufactured House
Lot Features Corner Lot, Level, Paved, Alley
Other Structures Storage
Fencing Fenced, Chain Link
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available
Sewer/ Septic Public Sewer
Electricity Xcel Energy
Water Source City
Appliances Gas Range, Dishwasher, Refrigerator, Microwave, Fire Alarm
Location
County Logan
Subdivision Bowling Green
Middle School Sterling
High School District Valley RE 1
APN 38052531121001
Directions From West Main Go To S. 9th Ave, Go South 3 Blocks To Phelps St. Mobile Homes On The Left.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 2
Cap Rate -1.14
Operating Expense 1937.21
Lot/ Land Details
Possible Use Mobile Homes, Business
Road Frontage City Street
Road Surface Asphalt
Rental est.: $1,167/month
Gross rent multiplier: 10.7
  • Aug 2026
    mls logo MLS # 1060476
  • Aug 6, 2026 Sold
    $150,000 (-11.2%)
  • Jul 28, 2026 Pending
    —
  • Jul 22, 2026 Price Change
    $169,000 (-3.4%)
  • Jun 17, 2026 Price Change
    $175,000 (-6.7%)
  • May 29, 2026 Listed
    $187,500 (+54.6%)
  • Mar 2021
    Public Records
  • Mar 15, 2021 Sold
    $121,250
  • Year Property taxes Tax assessment
  • 2024
    $76 +16.8%
    $1,810 -28.74%
  • 2023
    $65 -69.5%
    $2,540 -2.68%
  • 2022
    $214 +2.4%
    $2,610
  • 2021
    $209 -14.6%
    $2,610 -32.73%
  • 2019
    $245
    $3,880
  • 901 Phelps St
    $150K
  • —
  • 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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