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Apartment Building with Ground-Floor Retail
For Sale
$1,150,000

224-228 W 3rd Street, Pueblo, CO 81003

Residential Income, Pueblo, CO

Property SizeContact for details
Lot Size0.14 Acres
Days on Market205

Property Features for 224-228 W 3rd Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Elementary school district Pueblo-60
Middle school district Pueblo-60
High school district Pueblo-60
Standard status Active
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3213

Utilities

Heating system Natural Gas, Wall Furnace, Forced Air
Cooling system Central Air, Wall Unit(s)

Building Details

Year built 1900
Listing Agency: Keller Williams Performance Realty · Keller Williams Realty
Listed By: Angie Perdios
Added: Feb 6 Changed: Aug 19 Last Checked: Aug 30 at 1:06AM
MLS# 5157579

Copyright © 2026 elevateMLS. 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.

Apartment building at 224-228 W 3rd Street featuring a total of 9,000 SF of rentable space, with approximately 2,500 SF of commercial space available. The residential component includes 7 apartments, with 3 two-bedroom units and 4 one-bedroom units. The property has been updated with a new roof in 2022 and a remodel completed in 2021-2022.

The building is configured for a long-running retail use, set up since 1946 as a beauty salon and barber shop. Existing comfort systems include natural gas heating with wall furnaces and forced air, along with central air and wall unit cooling.

Off-street parking is available with 4 spaces, plus 12+ on-street spaces and a paid city parking garage across the street. The bus station and the Pueblo Bulls ice hockey arena are across the street, supporting consistent downtown activity near dining and shopping.

Key Highlights

  • 0.1377‑acre lot with 9,000 SF total rentable space
  • Approximately 2,500 SF commercial space set up for a beauty salon and barber shop
  • 7 apartments: 3 two‑bedroom and 4 one‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Catering Service (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Locksmith

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,057
Businesses Nearby

Demographics for 81003, CO

15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
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?
Apartment building - Apartment building with seven residential units plus commercial space available for a tenant-ready salon/barbershop setup.
Where is this apartment building located?
The property is located at 224-228 W 3rd Street Pueblo, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 0.1377‑acre lot with 9,000 SF total rentable space; Approximately 2,500 SF commercial space set up for a beauty salon and barber shop; 7 apartments: 3 two‑bedroom and 4 one‑bedroom units
More about this property
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