Residential Income Duplex with Attached
1015 E 3rd St Pueblo, CO 81001
1015 E 3rd St, Pueblo, CO, 81001
$399,900
For Sale
$399,900
Attached 2-bedroom, 1-bath unit plus wheelchair-accessible 3-bedroom, 2-bath home with solar and central A/C.
Property Size3,105 SF
Price / SF$128.79
Days on Market113
Property Features for 1015 E 3rd St
General Information
- Standard status
- Active
- Size
- 3,105 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1944
Listing agency
ENRG Global Realty, LLC
(719) 252-1252
Listed by
Felicia Beltran · License #100008892
(719) 252-1252
Source
Exitrealty
Added: Mar 31 Updated: Jul 21 at 12:56AM Checked: Jul 21 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ENRG Global Realty, LLC
Investment Insights
Based on property information with market context.
This residential income duplex offers a main home with an attached private living unit, designed for flexible multi-generational living or hosting extended household needs. The attached unit includes two bedrooms, one bathroom, a full kitchen, washer and dryer, and a spacious living room that opens to a large private patio.
The main home features three bedrooms and two full bathrooms, including wheelchair accessibility and central A/C. One bedroom and a handicap-accessible bathroom with a heated walk-in tub are located on the main level, and the kitchen opens to a back deck with mountain views. Two additional bedrooms upstairs have large windows. The lower level/basement provides additional potential living space for a living area and up to three additional bedrooms, along with a 1.5 bath; plumbing is already in place for a possible future kitchen.
Additional highlights include paid-off solar panels, a newer roof and gutters (2022), a 4-car carport and large parking area, and stainless steel appliances in the main kitchen. Both units are currently rented and tenants are reported to be interested in staying, with convenient access to I-25 and city views.
The main home features three bedrooms and two full bathrooms, including wheelchair accessibility and central A/C. One bedroom and a handicap-accessible bathroom with a heated walk-in tub are located on the main level, and the kitchen opens to a back deck with mountain views. Two additional bedrooms upstairs have large windows. The lower level/basement provides additional potential living space for a living area and up to three additional bedrooms, along with a 1.5 bath; plumbing is already in place for a possible future kitchen.
Additional highlights include paid-off solar panels, a newer roof and gutters (2022), a 4-car carport and large parking area, and stainless steel appliances in the main kitchen. Both units are currently rented and tenants are reported to be interested in staying, with convenient access to I-25 and city views.
Key Highlights
- Unique multi‑generational setup with an attached private living unit plus a wheelchair‑accessible main home.
- Attached unit features 2 bedrooms, 1 bathroom, full kitchen, washer and dryer, and a large private patio.
- Main home offers 3 bedrooms and 2 full bathrooms, including a handicap‑accessible bathroom with a heated walk‑in tub and central A/C.
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 | $37.6k | $12.12 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $36.3k | $11.69 |
| − OpEx | −$10.9k | −$3.51 |
| NOI | $25.4k | $8.19 |
3,105 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$363.1K
$317.7K – $423.6K
NOI $25,416 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$327.0K
$286.2K – $381.5K
NOI $22,892 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$647.0K
$566.1K – $754.9K
NOI $45,291 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Attached 2-bedroom, 1-bath unit plus wheelchair-accessible 3-bedroom, 2-bath home with solar and central A/C.
Where is this duplex located?
The property is located at 1015 E 3rd St Pueblo, CO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Unique multi‑generational setup with an attached private living unit plus a wheelchair‑accessible main home.; Attached unit features 2 bedrooms, 1 bathroom, full kitchen, washer and dryer, and a large private patio.; Main home offers 3 bedrooms and 2 full bathrooms, including a handicap‑accessible bathroom with a heated walk‑in tub and central A/C.
