Updated 4-Plex with Off-Street
616 W 10th St Pueblo, CO 81003
For Sale
$339,900
MULTI_FAMILY - Pueblo, CO
Property Size2,746 SF
Lot Size0.21 Acres
Price / SF$123.78
Days on Market51
Property Features for 616 W 10th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-5
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 3
Window features
Double Pane Windows, Single Pane Window(s)
Patio and Porch features
Porch
Interior features
New Paint
Basement
Partial, Finished
Appliances
Dishwasher-Some, Refrigerator-All, Electric Range-All, Washer-All, Dryer-All
Standard status
Active
APN
0525436004
Size
2,746 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 32 FT OF LOT 5 ALL 6 BLK 45 COUNTY ADD
Tax Annual Amount
2159
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1949
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Frame, Brick
Roof type
Composition
Listing Agency:
RE/MAX Associates
(719) 583-8383
Listed By:
Mark Chorak · License #40016515
(719) 240-4733
Added: Jun 10
Changed: Jul 29
Last Checked: Jul 30 at 7:06AM
MLS# 240482
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 extremely well kept and maintained 4-plex includes lots of updates throughout. The property provides off-street parking and features an inviting exterior. Tenant utilities are structured so tenants pay electric and gas, and 12-month leases are in place.
Located in a centralized area on the north side of Pueblo, the property is offered under R-5 zoning.
As a residential income property, this four-unit configuration is designed for straightforward operations, with current lease terms already in place and tenant-paid utilities supporting day-to-day income stability.
Located in a centralized area on the north side of Pueblo, the property is offered under R-5 zoning.
As a residential income property, this four-unit configuration is designed for straightforward operations, with current lease terms already in place and tenant-paid utilities supporting day-to-day income stability.
Key Highlights
- Northside 4‑plex built in 1949 with lots of updates throughout
- Tenants pay electric and gas; 12‑month leases in place
- Off‑street parking
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 | $33.3k | $12.12 |
| − Vacancy | −$1.2k | −$0.43 |
| EGI | $32.1k | $11.69 |
| − OpEx | −$9.6k | −$3.51 |
| NOI | $22.5k | $8.19 |
2,746 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.4K
NOI $20,246 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$572.2K
$500.7K – $667.6K
NOI $40,055 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-unit property with off-street parking and tenant-paid electric and gas under 12-month leases.
Where is this quadplex located?
The property is located at 616 W 10th St Pueblo, CO.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Northside 4‑plex built in 1949 with lots of updates throughout; Tenants pay electric and gas; 12‑month leases in place; Off‑street parking
