Pueblo Multifamily Property with
216 E Evans Ave, Pueblo, CO 81004
MULTI_FAMILY - Pueblo, CO
Property size:
3,344 SFLot size:
0.22 AcresPrice / SF:
$116/SF- Added:
- Mar 19, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 216 E Evans Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4
- Parking
- 4
- Parking features
- Garage - Detached
- Window features
- Single Pane Window(s)
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s)
- Fencing
- Wood
- Basement
- Unfinished, Full
- Appliances
- Refrigerator-Some, Gas Range-Some, Washer-Some, Dryer-Some
- Standard status
- Active Under Contract
- APN
- 1501202015
- Size
- 3,344 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lots 24 + 25 Blk 136 South Pueblo
- Tax Annual Amount
- 3352
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1906
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick, Plastic Plumbing
- Roof type
- Flat
- Additional Structures
- Outbuilding
Listing agent Mary Highline (719) 250-2020
Listing office Believers Realty, Inc. CO (719) 544-0400
Listing date Mar 19, 2026
MLS# 237348
Listing URL
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.
HighLights
- Income‑producing potential with a multi‑unit setup: Featuring a 4‑bedroom unit and two 1‑bedroom units.
- Four private garage spaces: Provides secure parking or rental income potential.
- Private basements for each unit: Offers ample storage space.
- Convenient location: Walking distance to the library, restaurant, and bakery, with easy access to the River Walk by bike.
- No probate delays: Ready for immediate move‑in.
- Classic architectural details: Features open staircases and some original unpainted woodwork.
Overview
This multifamily property offers significant equity potential. One side of the property features 4 bedrooms and 2 full baths, along with a living room, dining room, and kitchen. The other side is split into upper and lower units, each providing a 1-bedroom layout. The upper unit includes a separate office area. Each side has a private basement offering storage space and either one or two furnaces. The property includes four private garage spaces, suitable for tenants, family members, or rental income. This property is suited for multi-generational living or as an income-producing rental with the option of living in one of the units. The location allows for walking distance to the library, restaurants, and bakery, with the River Walk accessible by bike. The property features classic open staircases and some original unpainted woodwork. The unit square footage is an estimate and does not include the basements. The lot size is 0.215 acres. The property is 3344 square feet and is located in Pueblo, Colorado.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $12.12 |
| − Vacancy | −$1.4k | −$0.43 |
| EGI | $39.1k | $11.69 |
| − OpEx | −$11.7k | −$3.51 |
| NOI | $27.4k | $8.19 |
3,344 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.0K
$342.2K – $456.2K
NOI $27,372 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$352.2K
$308.2K – $410.9K
NOI $24,654 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$696.8K
$609.7K – $813.0K
NOI $48,778 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.6205181
- Latitude
- 38.25745
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Multifamily property in Pueblo with four private garage spaces.
Where is this triplex located?
The property is located at 216 E Evans Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Income‑producing potential with a multi‑unit setup: Featuring a 4‑bedroom unit and two 1‑bedroom units.; Four private garage spaces: Provides secure parking or rental income potential.; Private basements for each unit: Offers ample storage space.
