Ranch Duplex with
New
For Sale
$298,000
716-718 Clarion Dr, Pueblo West, CO 81007
Residential Income, Pueblo West, CO
Property Size2,248 SF
Lot Size0.28 Acres
Price / SF$132.56
Days on Market2
Property Features for 716-718 Clarion Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-5
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2
Parking
1
Parking features
Carport
Window features
Double Pane Windows
Patio and Porch features
Porch
Interior features
Ceiling Fan(s)
Appliances
Dishwasher-All, Electric Range-All, Washer-Some, Dryer-Some
Subdivision
Pueblo West East
Lot features
Rock- Rear
Elementary school
70
Middle school
70
High school
70
Special listing conditions
In Foreclosure
Standard status
Active
APN
507016002
Size
2,248 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2 BLK 7 TR 380 PUEBLO WEST
Tax Annual Amount
2441
Legal Description
LOT 2 BLK 7 TR 380 PUEBLO WEST
Utilities
Heating system
Forced Air
Amenities
central air
Building Details
Year built
1995
Number of units
2
Building materials
Frame
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Diamond Realty
Listed By:
Dottie Kraska · License #FA40012421
(719) 406-0580
Added: Sep 2
Last Checked: Sep 3 at 3:06AM
MLS# 241452
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.
Built in 1995, this 2,248-square-foot ranch-style duplex sits on a 0.275-acre lot and is constructed with a frame exterior beneath a composition roof. The layout includes four bedrooms and four bathrooms, along with spacious front rooms, dining areas, kitchens, and bedrooms. Central air, forced-air heating, ceiling fans, porches, and carport parking add functional amenities. Appliances include dishwashers and electric ranges, with washers and dryers present in some areas.
The property is located just off Purcell in Pueblo West and carries R-5 zoning. Its two-unit configuration and residential-income classification support continued use as a duplex property.
The property is located just off Purcell in Pueblo West and carries R-5 zoning. Its two-unit configuration and residential-income classification support continued use as a duplex property.
Key Highlights
- 2,248‑square‑foot duplex on a 0.275‑acre lot
- Four bedrooms and four bathrooms
- Ranch‑style frame construction completed in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,336
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,720
$366.7K
Cap Rate 7%
$261,943
$261.9K
Cap Rate 9%
$203,733
$203.7K
Market Conditions
NOI Build-Up for 2,248 SF
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.
Gross rent
$27.0K $12.00/SF
− Vacancy
−$782 −$0.35/SF
EGI
$26.2K $11.65/SF
− OpEx
−$7.9K −$3.50/SF
NOI
$18.3K $8.16/SF
Area
Pueblo County, CO
Vacancy
2.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,720
Cap Rate 7%
$261,943
Cap Rate 9%
$203,733
Alternative Uses
Best Use
Multifamily LT 5
$261.9K
$229.2K – $305.6K
NOI $18,336 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$219.5K
$192.1K – $256.1K
NOI $15,365 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$468.4K
$409.9K – $546.5K
NOI $32,791 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 81007, CO
33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property includes generous living areas, central air, porches, and carport parking.
Where is this duplex located?
The property is located at 716-718 Clarion Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 2,248‑square‑foot duplex on a 0.275‑acre lot; Four bedrooms and four bathrooms; Ranch‑style frame construction completed in 1995
