Two Homes on One
2429 E Evans Ave, Pueblo, CO 81004
MULTI_FAMILY - Ranch - Pueblo, CO
Type:Single Family Residence
Property size:
2,213 SFLot size:
0.12 AcresPrice / SF:
$112/SF- Added:
- May 18, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 4 at 9:06 pm
Property Features for 2429 E Evans Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R-2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
- Parking
- 1
- Parking features
- Garage - Attached
- Window features
- Wood Frames, Window Coverings, Single Pane Window(s)
- Patio and Porch features
- Porch
- Interior features
- New Paint, Accessory Dwelling
- Exterior features
- Accessory Dwelling, Outdoor Lighting-Rear, Outdoor Lighting-Front
- Fencing
- Fenced, Wood
- Fireplace
- 1
- Basement
- Partially Finished
- Appliances
- Garbage Disposal-All, Refrigerator-All, Electric Range-All, Washer-Some, Dryer-Some
- Standard status
- Active Under Contract
- APN
- 1513217020
- Size
- 2,213 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 17 + 18 BLK 17 MINNEQUA HEIGHTS FORMERLY #,15-132-17-007 + 017
- Tax Annual Amount
- 1262
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Ductless (Heating), Natural Gas
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1941
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Stucco, Adobe, Copper Plumbing, Plastic Plumbing
- Roof type
- Flat, Composition
- Architectural style
- Ranch
- Additional Structures
- Guest House
Listing agent The All Star Team (719) 320-1822
Listing office The Saucedo Real Estate Group CO (719) 564-6622
Listing date May 18, 2026
MLS# 238552
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
- Two move‑in ready homes on one lot: Ideal for rental income, multi‑generational living, or investment.
- Each home has a private, fenced yard: Offers privacy and security for each residence.
- Front home (2429 E Evans): Features refinished hardwoods, updated kitchen, new furnace, evaporative cooling, and a versatile lower room.
- Rear home (415 Joliet): Includes refinished hardwoods, a large kitchen, and a new split heating/cooling system.
- Both homes include range and refrigerator.
- Enhanced security with bright security lights throughout the yard.
Overview
This property features two move-in ready homes situated on a single lot, presenting an opportunity for multi-generational living or income generation. Each home includes its own private yard. The front home, located at 2429 E Evans, offers 2 to 3 bedrooms and 1 bathroom. It features refinished hardwood floors, an updated kitchen, a new furnace, evaporative cooling, and fresh paint. Additionally, it includes a large 27' x 14' lower room suitable for use as a third bedroom, office, or family room. The rear home, located at 415 Joliet, provides 2 bedrooms, 1 bathroom, and 814 square feet of living space. It also features refinished hardwood floors, a large kitchen, a new split heating/cooling system, and a covered front patio. Both homes are equipped with a range and refrigerator, as well as washer/dryer hook-ups. The residences are separated and secured by 6' privacy fencing, and bright security lights are installed throughout the yard. The property is zoned R-2.
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 | $26.8k | $12.12 |
| − Vacancy | −$944 | −$0.43 |
| EGI | $25.9k | $11.69 |
| − OpEx | −$7.8k | −$3.51 |
| NOI | $18.1k | $8.19 |
2,213 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.8K
$226.4K – $301.9K
NOI $18,114 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$233.1K
$204.0K – $271.9K
NOI $16,316 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K
NOI $32,280 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.6150521
- Latitude
- 38.2261092
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two move-in ready homes on a single lot.
Where is this duplex located?
The property is located at 2429 E Evans Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two move‑in ready homes on one lot: Ideal for rental income, multi‑generational living, or investment.; Each home has a private, fenced yard: Offers privacy and security for each residence.; Front home (2429 E Evans): Features refinished hardwoods, updated kitchen, new furnace, evaporative cooling, and a versatile lower room.
