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Multi-Family Portfolio with Storage Space
For Sale
Under Contract
$285,000

602 Broadway St, Sterling, CO 80751

MULTI_FAMILY - Sterling, CO

Property Size4,350 SF
Lot Size0.18 Acres
Price / SF$65.52
Days on Market130

Property Features for 602 Broadway St

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning RES
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 8, Bedroom 4, Bathroom 1, Basement, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 7
Basement Full
Appliances Some Appliances
Subdivision Broadway Add
Lot features Level, House Faces South, Paved, Curbs, Gutters, Sidewalks, Alley
View City
Elementary school Ayres
Middle school Sterling
High school Sterling
Elementary school district Valley RE 1
Middle school district Valley RE 1
High school district Valley RE 1
Standard status Active Under Contract
APN 3021000
Size 4,350 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1591

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Wall Furnace
Cooling system Ceiling Fan(s)

Building Details

Year built 1928
Floors in Building 2
Number of units 5
Building materials Frame, Stucco
Roof type Composition
Additional Structures Storage
Listing Agency: Town Square Realty
Listed By: Erin Debus
Added: Apr 3 Changed: Aug 2 Last Checked: Aug 10 at 6:06PM
MLS# 1055670

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income-producing multi-family portfolio is on one lot and includes a triplex plus a separate single-family home, for a total of four residential units. In addition to the residential rental spaces, the property has a rentable storage/shop space located at the rear of the lot that is currently rented. A coin-operated laundry facility is also available in the shared basement.

The property is situated at 602 Broadway St in Sterling, Colorado, in Logan County. It is listed under RES zoning, and the site totals 0.18 acres with 4,350 square feet of property size.

From an operator perspective, the mix of four residential units with an additional storage/shop income component can simplify portfolio management by keeping multiple income streams on a single property. The listing reports current gross monthly rental income of $4,285, which provides a baseline for underwriting the residence and auxiliary space together. This configuration may be of interest to investors seeking a multi-unithold with both residential and storage/shop revenue, or to owner-occupants who want to offset housing costs through unit rentals.

Key Highlights

  • Income‑producing multi‑family portfolio with four residential units plus a rentable storage/shop space on one lot
  • Includes a triplex and a separate single‑family home
  • Coin‑operated laundry in the shared basement

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Garden Center Daycare Center (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

Demographics for 80751, CO

17,702
Population
6,864
Households
2.6
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
475.8 sq mi
ZIP Area
37
Density / Sq Mi
$49,221
Median Household Income
$32,814
Median Earnings
$1,033
Median Rent
$232,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Income portfolio with four units, a rented storage/shop space, and coin-operated laundry in the shared basement.
Where is this triplex located?
The property is located at 602 Broadway St Sterling, CO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Income‑producing multi‑family portfolio with four residential units plus a rentable storage/shop space on one lot; Includes a triplex and a separate single‑family home; Coin‑operated laundry in the shared basement
More about this property
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