$235,000
$115K PRICE DROP

Estimated payment $1,489/month

Total Views 9,266
6 Beds
5 Baths
2,470 Sq Ft
$95 Price per Sq Ft

About This Home

This property consists of a 5-unit multi-family building located in the East Pueblo neighborhood of Pueblo, Colorado. The structure was originally built in 1917, showcasing classic early 20th-century architecture. The building offers an opportunity both investors seeking stable rental income in a growing area.

- Historic architecture with original charm and character
- Units are currently occupied, offering immediate rental income
- Potential for value-add opportunities, including interior renovations or common area improvements
- Off-street parking available for residents

- Strong rental demand in East Pueblo with a mix of residential and commercial properties in the area
- Attractive cap rate with opportunity for rent increases and/or renovation for higher rents
- Stable neighborhood with proximity to essential services, schools, parks, and transportation
- Strategic location near Downtown Pueblo, offering future growth potential

East Pueblo has seen steady growth in recent years, with improvements in infrastructure and increased development around the historic downtown area. The demand for rental properties is strong due to its accessibility to key amenities and proximity to employers in the region. The property’s location offers long-term stability for investors looking to capitalize on the area’s revitalization.

This 5-unit property in East Pueblo, CO, offers a rare opportunity to acquire a historically significant asset in a neighborhood with promising growth potential. With its income-generating potential, this property presents a solid investment for those looking to diversify their portfolio and take advantage of Pueblo’s expanding real estate market.

Listing Agent

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 03/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1917

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Schools

  • Park View Elementary School
  • Risley International Middle School
  • Centennial High School

Additional Features

  • Two or More Common Walls
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-311-11-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,436

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1917
  • Above Grade Finished Sq Ft: 2470
  • Exclusions: N/A
  • Living Area: 2470
  • SubdivisionName: Eastside
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: Nic.Polaski@cushwake.com,719-238-9074
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 6

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 5
  • REC_ParkingCount: 1

Utilities

  • Sewer: Community Sewer
  • Cooling: Other
  • Heating: Forced Air

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Risley International

Lot Info

  • Parcel Number: 04-311-11-004
  • Building Area Total: 2470

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2436

MLS Schools

  • Elementary School: Park View
  • High School: Centennial

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $235,000 -2.1% $95 / Sq Ft
07/23/2025 07/23/25 Price Changed $240,000 -4.0% $97 / Sq Ft
06/02/2025 06/02/25 Price Changed $250,000 -7.4% $101 / Sq Ft
05/19/2025 05/19/25 Price Changed $270,000 -3.6% $109 / Sq Ft
05/12/2025 05/12/25 Price Changed $280,000 -4.8% $113 / Sq Ft
05/06/2025 05/06/25 Price Changed $294,000 -1.7% $119 / Sq Ft
04/28/2025 04/28/25 Price Changed $299,000 -6.6% $121 / Sq Ft
04/18/2025 04/18/25 Price Changed $320,000 -3.0% $130 / Sq Ft
04/14/2025 04/14/25 Price Changed $330,000 -5.7% $134 / Sq Ft
03/05/2025 03/05/25 For Sale $350,000 +20.7% $142 / Sq Ft
04/16/2023 04/16/23 Off Market $290,000 -- --
04/14/2023 04/14/23 Sold $290,000 0.0% $270 / Sq Ft
04/14/2023 04/14/23 Sold $290,000 -3.3% $117 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $300,000 +3.4% $279 / Sq Ft
03/14/2023 03/14/23 Off Market $290,000 -- --
02/21/2023 02/21/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $300,000 0.0% $279 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $300,000 0.0% $121 / Sq Ft
02/09/2023 02/09/23 Price Changed $300,000 +3.4% $279 / Sq Ft
11/18/2022 11/18/22 For Sale $290,000 0.0% $270 / Sq Ft
11/02/2022 11/02/22 Price Changed $290,000 -35.6% $117 / Sq Ft
08/23/2021 08/23/21 For Sale $450,000 -- $182 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 6446028

REcolorado®

APN: 431111004