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    Two-Unit Duplex with Separate Entrances Title is generated by Realmo AI

    325 Michigan Ave, Pueblo, CO 81004

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    Claim this Listing
    New
    For Sale
    $197,890

    MULTI_FAMILY - Pueblo, CO

    Property size:
    2,082 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $95/SF
    Added:
    Jun 23, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 325 Michigan Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-2
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
    Parking
    1
    Parking features
    Garage - Detached
    Window features
    Single Pane Window(s)
    Patio and Porch features
    Porch
    Basement
    Partially Finished
    Appliances
    Refrigerator-All, Electric Range-None
    Standard status
    Active
    APN
    150213015
    Size
    2,082 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT D LESS NWLY 80 FT BLK 134 CAMERONS SUB
    Tax Annual Amount
    1515

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Contact an agent
    Dottie Kraska

    Listing agent Dottie Kraska License #Fa40012421

    Listing office Diamond Realty 4308 Murfield Rd, CO

    Listing date Jun 23, 2026

    MLS# 240779 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

    • Duplex layout with 2 bedrooms and 1 full bath on the main level
    • Upper level has a private entrance with 2 bedrooms and 1 bath
    • Central air; natural gas heating; public water and public sewer
    • Detached garage and a porch
    • Hardwood flooring; frame construction; composition roof
    • Year built: 1900

    Overview

    This two-unit duplex provides a practical layout for rental use, with each level offering two bedrooms and one full bath. The main level includes central air conditioning and a shared interior configuration. The upper level has a private entrance, creating a degree of separation between the units while maintaining the same basic bedroom and bath count.

    The property is located at 325 Michigan Ave in Pueblo, Colorado, in an R-2 zoned area. The listing notes the home is about one block from Central High and sits among a neighborhood with many vintage homes.

    For buyers looking for a small residential income property, the duplex configuration allows for two distinct living spaces, including a private entrance for the upper level. The offering is described as needing some work, which may appeal to buyers prepared to address property condition and tailor finishes to tenant preferences.

    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 $25.2k $12.12
    − Vacancy −$888 −$0.43
    EGI $24.3k $11.69
    − OpEx −$7.3k −$3.51
    NOI $17.0k $8.19
    2,082 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $243.5K
    $213.0K – $284.0K (±1% cap)
    NOI $17,042 @ 7.0% cap · market cap 8.61%
    Second Best
    Apartment 5plus
    $219.3K
    $191.9K – $255.8K (±1% cap)
    NOI $15,350 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Office A
    $433.8K
    $379.6K – $506.2K (±1% cap)
    NOI $30,369 @ 7.0% cap · market cap 15.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.6224772
    Latitude
    38.255265

    FAQs

    What type of property is this?
    Duplex - Duplex offers two bedrooms and one bath on each level with central air on the main unit.
    Where is this duplex located?
    The property is located at 325 Michigan Ave Pueblo, CO.
    What is the asking price?
    The asking price for this property is $197,890.
    What are key features of this property?
    This property features: Duplex layout with 2 bedrooms and 1 full bath on the main level; Upper level has a private entrance with 2 bedrooms and 1 bath; Central air; natural gas heating; public water and public sewer
    More about this property
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