Pueblo West Fourplex Investment
687-693 E Laporte Dr, Pueblo West, CO 81007
MULTI_FAMILY - Pueblo West, CO
Property size:
4,480 SFLot size:
0.28 AcresPrice / SF:
$156/SF- Added:
- May 18, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 3 at 2:06 pm
Property Features for 687-693 E Laporte Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-5
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Bathroom 5, Bedroom 7, Bathroom 8, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 10, Bathroom 7, Bedroom 6, Bedroom 8, Bathroom 4
- Parking
- 4
- Parking features
- Garage - Attached
- Window features
- Vinyl Frames, Window Coverings
- Interior features
- Ceiling Fan(s)
- Exterior features
- Courtyard
- Appliances
- Dishwasher-All, Garbage Disposal-All, Refrigerator-All, Electric Range-All, Range Hood-All
- Standard status
- Active
- APN
- 0507018022
- Size
- 4,480 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 17 BLK 5 TR 380 PUEBLO WEST
- Tax Annual Amount
- 3336
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Frame, Stucco, Copper Plumbing, Plastic Plumbing
- Roof type
- Composition
Listing agent Tami Jo Belsey (719) 332-2225
Listing office REMAX PROPERTIES CO (719) 548-8600
Listing date May 18, 2026
MLS# 239160
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
- Strong investment opportunity: Well‑designed 4‑plex with consistent tenant demand.
- Four spacious units: Each unit features a desirable 3‑bedroom, 2‑bath layout.
- Includes four attached one‑car garages and a shared courtyard.
- Each unit has laundry hookups, central air conditioning, and tenant‑friendly finishes.
- Convenient location: Near schools, parks, shopping, and Highway 50.
- Kitchens designed for functionality: Ample cabinetry, counter space, pantry, and appliances.
Overview
This Pueblo West fourplex presents a strong investment opportunity, featuring a well-designed layout with four spacious units. Each unit offers a 3-bedroom, 2-bath layout, supporting consistent tenant demand. The property includes four attached one-car garages and a shared courtyard. Central air conditioning ensures year-round comfort. Each unit features durable, tenant-friendly finishes, including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds. Kitchens are equipped with ample white cabinetry, generous counter space, a pantry, dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit enhance rental appeal. Primary suites include neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom. The owner is responsible for water and trash services, simplifying utility management. The property is conveniently located near schools, parks, and shopping, with easy access to Highway 50, providing quick connectivity to Interstate 25 and Pueblo State Park. The property is zoned R-5 and sits on a 0.276-acre lot. The building size is 4480 square feet.
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 | $53.8k | $12.00 |
| − Vacancy | −$1.6k | −$0.35 |
| EGI | $52.2k | $11.65 |
| − OpEx | −$15.7k | −$3.50 |
| NOI | $36.5k | $8.16 |
4,480 SF · lease $12.00/SF/yr · vacancy 2.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$522.0K
$456.8K – $609.0K
NOI $36,541 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$437.5K
$382.8K – $510.4K
NOI $30,622 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$933.5K
$816.9K – $1.09M
NOI $65,348 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pueblo West
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.7105625
- Latitude
- 38.3177831
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with strong tenant appeal in Pueblo West.
Where is this quadplex located?
The property is located at 687-693 E Laporte Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Strong investment opportunity: Well‑designed 4‑plex with consistent tenant demand.; Four spacious units: Each unit features a desirable 3‑bedroom, 2‑bath layout.; Includes four attached one‑car garages and a shared courtyard.
