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$325,000
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Property Description
Well-maintained tri-plex investment opportunity with a proven track record of consistent, long-term renters. This property offers immediate income with a solid 6-8% cash-on-cash return, making it an ideal addition to any investor's portfolio. Units have been well cared for, minimizing deferred maintenance and maximizing stability. A true turnkey asset for investors seeking reliable cash flow from day one.
Full Property Details
Full Property Details for 502 Poplar St
General
- Price: $325,000
- Taxes: $2,072 (2025)
- Status: Under Contract
- Type: Multi-Family
- Source: IRES
- MLS ID: 1052165
- 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
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Frame, Composition
- Exterior Const.: Frame, Composition
- Basement: Yes
- Basement Desc.: None, Crawl Space
- Roof: Composition
- Square Feet: 2,520
- Sq. Ft. Source: Assessor
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,575
- Frontage: 4x4 Required to Access
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Corner Lot, Level, Curbs, Sidewalks
- Potential Use: Multi-Family
- Zoning: R1
- Fencing (Description): Wood
Financial Considerations
- Operating Expenses: $11,572
- Tax Amount: $2,072
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: any and all personal property of seller/tenants
- Property ID: 38052529451002
Listed by Area Wide Realty, LLC (970) 522-9727
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Schools
Schools serving 502 Poplar St
School District:Valley School District Re-1
| Name | Grades | Distance |
|---|---|---|
Campbell Elementary School 902 Clark Street, Sterling, CO 80751 | 3-5 | 0.7 mi |
Ayres Elementary School 1812 Robin Road, Sterling, CO 80751 | K-2 | 1.5 mi |
Sterling Middle School 1177 Pawnee Avenue, Sterling, CO 80751 | 6-8 | 1 mi |
Sterling High School 407 West Broadway Street, Sterling, CO 80751 | 9-12 | 0.6 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 502 Poplar St
Date
Details
Price
Change
Source
2/20/2026
Listed
$325,000
18.18%
MLS
6/16/2025
Sold
$275,000
—
Public Record
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
Tax History for 502 Poplar St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,073
66%
$24,722
23%
2024
$1,249
17%
$20,060
—
2023
$1,070
-18%
$20,060
23%
2021
$1,309
—
$16,350
5%
2022
$1,309
8%
$15,550
-46%
2019
$1,216
4%
$28,960
110%
2018
$1,168
2%
$13,790
—
2017
$1,149
-6%
$13,790
-4%
2019
$1,216
8%
$14,380
5%
2016
$1,130
—
$13,710
—
2015
$1,131
10%
$13,710
16%
2014
$1,025
—
$11,840
—
2013
$1,027
—
$11,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 Poplar St
502 Poplar St, Sterling, CO 80751 (MLS# 1052165) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 502 Poplar St is currently listed for $325,000 and was received on February 20, 2026. Want to learn more about 502 Poplar 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.

