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
310 days
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111
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2
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Zillow last checked:
Listing updated:
Listed by:
Deborah Kleppe303-828-2800deb@mountain-east.com,
Mountain East Real Estate
Source: REcolorado as distributed by MLS GRID,MLS#: 9240327
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Heating
Forced Air
Cooling
None
Features
Has basement: No
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 3,006
Total interior livable area: 3,006 sqft
Finished area above ground: 3,006
Property
Features
Levels: Two
Stories: 2
Patio & porch: Covered
Exterior features: Balcony
Details
Parcel number: 6686000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Brick, Metal Siding, Wood Siding
Roof: Composition
Condition
Year built: 1959
Utilities & green energy
Sewer: Public Sewer
Utilities for property: Cable Available, Internet Access (Wired), Natural Gas Available, Phone Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.