$205,000
$20K PRICE DROP

1221 E Abriendo Ave Pueblo, CO 81004

Bessemer Neighborhood

Estimated payment $1,197/month

Total Views 9,624
5 Beds
2 Baths
1,551 Sq Ft
$132 Price per Sq Ft

About This Home

Located at 1221 Abriendo Ave in Pueblo, CO, this duplex presents a prime value-add investment opportunity. With two separate units and below-market rents, the property offers a solid foundation for investors seeking to maximize returns through strategic renovations and improvements. Situated in a growing area with easy access to essential amenities, the duplex is an attractive rental option with strong upside potential. Pueblo has experienced consistent growth in recent years, and the Abriendo Avenue area is well-positioned for long-term rental investments. With a stable local economy and increasing real estate development, this property stands to benefit from ongoing rental demand, offering substantial future growth potential after targeted improvements.

- 2-unit property with individual living spaces for each tenant
- Off-street parking for residents
- Separate utilities for each unit, offering reduced operational costs for the owner
- Private outdoor space for each unit

- **Value-Add Potential:** The property offers a significant opportunity for renovation and modernization, both inside and out, to increase rental income potential and overall property value.
- **Rental Income Upside:** Current rents are below market value, providing an immediate opportunity for rent increases after improvements.
- **Location:** Situated near key amenities such as schools, parks, shopping centers, and transportation routes, increasing the property's desirability among renters.
- **Strong Demand:** Pueblo’s rental market is experiencing growth, driven by an increasing demand for affordable housing in central locations.

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

  • $1,054

Year Built

  • Built in 1900

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,551 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Bessemer Elementary School
  • Roncalli Middle School
  • Central High School

Additional Features

  • Two or More Common Walls
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Central High School Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-014-17-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,054

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1551
  • Exclusions: N/A
  • Living Area: 1551
  • SubdivisionName: Central High School
  • 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: 5

Exterior Features

  • Roof: Shingle
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • 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: Roncalli

Lot Info

  • Parcel Number: 15-014-17-024
  • Building Area Total: 1551

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1054

MLS Schools

  • Elementary School: Bessemer
  • High School: Central

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,083 $10,970 -- --
2023 $1,090 $14,660 $1,010 $13,650
2022 $829 $8,350 $470 $7,880
2021 $874 $8,780 $490 $8,290
2020 $679 $8,020 $490 $7,530
2019 $679 $6,729 $119 $6,610
2018 $523 $5,771 $120 $5,651
2017 $528 $5,771 $120 $5,651
2016 $465 $5,116 $132 $4,984
2015 $463 $5,116 $132 $4,984
2014 $442 $4,872 $132 $4,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $205,000 -2.4% $132 / Sq Ft
07/23/2025 07/23/25 Price Changed $210,000 -4.5% $135 / Sq Ft
04/18/2025 04/18/25 Price Changed $220,000 -2.2% $142 / Sq Ft
03/05/2025 03/05/25 For Sale $225,000 -13.5% $145 / Sq Ft
07/07/2023 07/07/23 Sold $260,000 0.0% $154 / Sq Ft
06/29/2023 06/29/23 Off Market $260,000 -- --
06/29/2023 06/29/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $285,000 +2275.0% $169 / Sq Ft
04/24/2014 04/24/14 Sold $12,000 -40.0% $7 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $20,000 -- $12 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Listed On Document
Special Warranty Deed $27,000 Empire Title Co Springs Llc
Warranty Deed $15,000 Empire Title Co Springs Llc
Warranty Deed $101,200 Security Title
Deed $17,500 --
Deed -- --
Deed $5,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,500 Seller Take Back
Previous Owner $1,295,775 Future Advance Clause Open End Mortgage
Previous Owner $304,553 Credit Line Revolving
Previous Owner $27,000 Unknown
Previous Owner $174,823 Unknown
Previous Owner $56,000 New Conventional
Previous Owner $104,149 FHA
Previous Owner $102,610 FHA
Previous Owner $101,094 FHA
Previous Owner $91,080 Fannie Mae Freddie Mac
Source: Public Records

Source: REcolorado®

MLS Number: 8472496

REcolorado®

APN: 1-5-01-4-17-024