Ranch Quadplex With Unit
New
For Sale
$320,000
2006 E 7th St, Pueblo, CO 81001
Residential Income, Pueblo, CO
Property Size2,166 SF
Lot Size0.14 Acres
Price / SF$147.74
Days on Market4
Property Features for 2006 E 7th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
None
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Porch
Fencing
Wood, Fenced
Appliances
Refrigerator-All, Gas Range-All
Subdivision
Eastside
Lot features
Trees- Rear
Elementary school
D60
Middle school
D60
High school
D60
Standard status
Active
APN
0429442005
Size
2,166 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 4 + 5 BLK 226 ARLINGTON HEIGHTS
Tax Annual Amount
1517
Legal Description
LOTS 4 + 5 BLK 226 ARLINGTON HEIGHTS
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1952
Number of units
4
Building materials
Frame
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Keller Williams Performance Realty · Keller Williams Realty
(719) 583-1100
Listed By:
The Steve Henson Sales Team
(719) 583-1100
Added: Aug 27
Last Checked: Aug 30 at 4:06AM
MLS# 241977
Copyright © 2026 Pueblo Association of Realtors. 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 ranch-style quadplex contains four residential units totaling approximately 2,166 square feet. The configuration includes three one-bedroom, one-bath units and one two-bedroom, one-bath unit. Built in 1952, the frame property has a composition roof, natural-gas forced-air heating, public water, and public sewer. Refrigerators and gas ranges are provided across the units, and the property includes a porch and wood fencing. No parking is listed.
Located at 2006 E 7th St in Pueblo, the property is on the city’s East Side, with nearby shopping, schools, and major roadways. The site encompasses 0.14 acres and carries R-2 zoning.
Located at 2006 E 7th St in Pueblo, the property is on the city’s East Side, with nearby shopping, schools, and major roadways. The site encompasses 0.14 acres and carries R-2 zoning.
Key Highlights
- Four‑unit configuration with three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
- Approximately 2,166 square feet of living space on a 0.14‑acre lot
- R‑2 zoning in Pueblo’s East Side
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,729
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,580
$354.6K
Cap Rate 7%
$253,271
$253.3K
Cap Rate 9%
$196,989
$197.0K
Market Conditions
NOI Build-Up for 2,166 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.3K $12.12/SF
− Vacancy
−$924 −$0.43/SF
EGI
$25.3K $11.69/SF
− OpEx
−$7.6K −$3.51/SF
NOI
$17.7K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,580
Cap Rate 7%
$253,271
Cap Rate 9%
$196,989
Alternative Uses
Best Use
Multifamily LT 5
$253.3K
$221.6K – $295.5K
NOI $17,729 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$228.1K
$199.6K – $266.2K
NOI $15,969 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$451.4K
$394.9K – $526.6K
NOI $31,595 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 81001, CO
31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property includes three one-bedroom units and one two-bedroom unit.
Where is this quadplex located?
The property is located at 2006 E 7th St Pueblo, CO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four‑unit configuration with three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; Approximately 2,166 square feet of living space on a 0.14‑acre lot; R‑2 zoning in Pueblo’s East Side
