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$339,500

  • For Sale
  • Under Contract
  • Multi-Family
  • 3 Units
  • 0.21 Acres
  • Updated 3 days ago
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Turnkey Investment Opportunity! This fully renovated triplex has been completely updated from top to bottom, offering a rare chance to step into a stabilized, low-maintenance asset from day one. Each of the three units features a 2-bedroom, 1-bath layout with modern finishes and updated systems throughout.Designed with tenants and long-term performance in mind, the property includes four individual garage spaces, an added value. With recent renovations already completed, investors can avoid costly capital expenditures and focus on predictable cash flow.This triplex offers an attractive estimated cash-on-cash return of 6-8%, making it an excellent addition to any investment portfolio. Ideal for both seasoned investors and those looking to expand into multifamily ownership with confidence.Turnkey. Updated. Income-producing. Don't miss this opportunity to acquire a fully renovated multifamily property with solid returns and long-term upside.

Full Property Details for 209 N 5th St

General

  • Price: $339,500
  • Taxes: $1,423 (2024)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: IRES
  • MLS ID: 1052164
  • Updated: 4/9/2026
  • Added to Site: 52 day(s) ago

Interior

  • Appliances: Electric Range, Refrigerator

Location

  • Area: Sterling
  • County: Logan
  • Subdivision: Poplar & Fifth Rep Of Poplar Place

School Information

  • School District: Valley RE 1
  • Elementary School: Ayres
  • Middle School: Sterling
  • High School: Sterling

Heating & Cooling

  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Forced Air

Utilities

  • Gas: Yes
  • Gas: Xcel Energy
  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Natural Gas Available, Electricity Available

Structural Information

  • Construction: Frame, Brick
  • Exterior Const.: Frame, Brick
  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Roof: Composition
  • Square Feet: 2,016
  • Sq. Ft. Source: Assessor
  • Year Built: 1929

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 8,999
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Curbs, Alley
  • Potential Use: Multi-Family
  • Zoning: R1

Financial Considerations

  • Operating Expenses: $10,923
  • Tax Amount: $1,423
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Special Conditions: Private Owner
  • Property ID: 38052529451001

Listed by Area Wide Realty, LLC (970) 522-9727

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Listing agent

— 209 N 5th St —

  • Area Wide Realty, LLC

    970-522-9727

9705229727

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 209 N 5th St

School District:Valley School District Re-1
NameGradesDistance
Campbell Elementary School
902 Clark Street, Sterling, CO 80751
3-50.7 mi
Ayres Elementary School
1812 Robin Road, Sterling, CO 80751
K-21.5 mi
Sterling Middle School
1177 Pawnee Avenue, Sterling, CO 80751
6-80.9 mi
Sterling High School
407 West Broadway Street, Sterling, CO 80751
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 209 N 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$339,500
151.48%
MLS
5/06/2024
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 209 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$642
613%
$7,656
57%
2024
$90
17%
$4,870
—
2023
$77
-76%
$4,870
21%
2021
$323
—
$4,030
3%
2022
$323
11%
$3,920
-44%
2019
$291
11%
$6,940
125%
2018
$262
2%
$3,090
—
2017
$258
-4%
$3,090
-6%
2016
$270
—
$3,280
—
2015
$270
-7%
$3,280
-5%
2019
$291
6%
$3,440
9%
2014
$274
—
$3,160
—
2013
$274
—
$3,160
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Area Wide Realty, LLC (970) 522-9727

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Price Reduced near 209 N 5th St

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Recent Sales near 209 N 5th St

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530 Clark St, Sterling, CO 80751 - Photo 1 Sold
$290,000

530 Clark St  Sterling, CO 80751

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,660
    Sq. Ft.
  • MLS # 1047490
Listed by Area Wide Realty, LLC
Sold by Madison & Company Properties
622 Park St, Sterling, CO 80751 - Photo 1 Sold
$300,000

622 Park St  Sterling, CO 80751

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,580
    Sq. Ft.
  • MLS # 1045988
Listed by Area Wide Realty, LLC
Sold by Non-IRES
570 California St, Sterling, CO 80751 - Photo 1 Sold
$290,000

570 California St  Sterling, CO 80751

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,747
    Sq. Ft.
  • MLS # 1043491
Listed by Lenox Realty LLC
Sold by Town Square Realty
806 Beattie Dr, Sterling, CO 80751 - Photo 1 Sold
$348,000

806 Beattie Dr  Sterling, CO 80751

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,568
    Sq. Ft.
  • MLS # 1046406
Listed by Area Wide Realty, LLC

209 N 5th St, Sterling, CO 80751 (MLS# 1052164) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 209 N 5th St is currently listed for $339,500 and was received on February 20, 2026. Want to learn more about 209 N 5th St? Do you have questions about finding other Multi-Family real estate for sale in Sterling? You can browse all Sterling real estate or contact a Coldwell Banker agent to request more information.

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