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Pueblo Duplex: Income Opportunity

3223-3225 Baltimore Ave Pueblo, CO 81008

Claim this Listing
New
For Sale
$269,900

MULTI_FAMILY - Pueblo, CO

Property size:
1,673 SF
Lot size:
0.14 Acres
Price / SF:
$161/SF
Added:
Jul 10, 2026
Days on Market:
2
Last Refresh:
Jul 11 at 4:06 pm

Property Features for 3223-3225 Baltimore Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 1
Parking features
None
Window features
Single Pane Window(s)
Fencing
Fenced
Fireplace
1
Appliances
Refrigerator-Some, Electric Range-Some
Standard status
Active
APN
0514424024
Size
1,673 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT 6 BLK 20 COUNTRY CLUB HEIGHTS 8TH
Tax Annual Amount
1059

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1970
Floors in Building
2
Number of units
2
Building materials
Frame, Copper Plumbing
Roof type
Composition

Listing agent Jim Valdez Sales Team

Listing office RE/MAX Of Pueblo Inc 511 W 29th Street Suite A, Pueblo, CO

Listing date Jul 10, 2026

MLS# 236973 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.


Investment Insights

Based on property information with market context.

This well-maintained duplex in Pueblo, Colorado, presents a solid income-producing opportunity. Each of the two units features 2 bedrooms, 1 bathroom, a kitchen, and a living room. The property is designed for low maintenance and is currently tenant-occupied, with both units renting for $925 per month on month-to-month leases. The property is zoned R-2 and has a lot size of 0.14 acres. The total property size is 1673 square feet.

Key Highlights

  • 2‑unit duplex with two 2‑bedroom, 1‑bath units
  • Tenant‑occupied with month‑to‑month leases; $925 rent per unit
  • Year built 1970 with frame construction and composition roof

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 $20.3k $12.12
− Vacancy −$714 −$0.43
EGI $19.6k $11.69
− OpEx −$5.9k −$3.51
NOI $13.7k $8.19
1,673 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$195.6K
$171.2K – $228.2K (±1% cap)
NOI $13,694 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$176.2K
$154.2K – $205.6K (±1% cap)
NOI $12,335 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,403 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon HVAC Service Storage Facility Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-kept duplex in Pueblo, CO, great investment opportunity.
Where is this duplex located?
The property is located at 3223-3225 Baltimore Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2‑unit duplex with two 2‑bedroom, 1‑bath units; Tenant‑occupied with month‑to‑month leases; $925 rent per unit; Year built 1970 with frame construction and composition roof
Contact an agent
More about this property
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