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Two-Unit Duplex with Private Yards
For Sale
$245,000

1017 & 1019 N Elizabeth St, Pueblo, CO 81003

Residential Income, Pueblo, CO

Property Size1,472 SF
Lot Size0.09 Acres
Price / SF$166.44
Days on Market8

Property Features for 1017 & 1019 N Elizabeth St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-5
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1
Parking 1
Parking features Carport
Window features Double Pane Windows
Patio and Porch features Porch
Interior features Ceiling Fan(s)
Basement Crawl Space
Appliances Refrigerator-All, Electric Range-All, Microwave Built-In-All
Subdivision Westside
Lot features Rock- Front
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0525433001
Size 1,472 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N 92 FT LOT 1 BLK 44 COUNTY ADD
Tax Annual Amount 834
Legal Description N 92 FT LOT 1 BLK 44 COUNTY ADD

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

in-unit washer/dryer hookups
private backyards

Building Details

Year built 1953
Number of units 2
Flooring type Hardwood
Building materials Frame, Brick, Copper Plumbing, Galvanized Plumbing
Roof type Composition
Architectural style Ranch
Listing Agency: Realty One Group Premier
Listed By: Jeannie Medina
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 7 at 5:06AM
MLS# 242547

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 1,472-square-foot duplex, built in 1953, contains two residences with two bedrooms and one bathroom apiece. Kitchens and bathrooms have been renovated, and both units include washer and dryer hookups. The property also has hardwood flooring, ceiling fans, a porch, and carport parking. Each residence has its own fenced backyard.

The 0.093-acre property is zoned R-5 and served by public water and sewer. Heating is natural gas forced air. Reported occupancy is 100%, with long-term tenants in place.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • 1,472 square feet on a 0.093‑acre lot
  • R‑5 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,049
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,980 $241.0K
Cap Rate 7%
$172,129 $172.1K
Cap Rate 9%
$133,878 $133.9K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$17.8K $12.12/SF
− Vacancy
−$628 −$0.43/SF
EGI
$17.2K $11.69/SF
− OpEx
−$5.2K −$3.51/SF
NOI
$12.0K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,980
Cap Rate 7%
$172,129
Cap Rate 9%
$133,878

Alternative Uses

Best Use
Multifamily LT 5
$172.1K
$150.6K – $200.8K (±1% cap)
NOI $12,049 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$155.0K
$135.7K – $180.9K (±1% cap)
NOI $10,853 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$306.7K
$268.4K – $357.9K (±1% cap)
NOI $21,472 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Butcher Locksmith Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,016
Businesses Nearby

Demographics for 81003, CO

15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a separate fenced backyard and in-unit laundry hookups.
Where is this duplex located?
The property is located at 1017 & 1019 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,472 square feet on a 0.093‑acre lot; R‑5 zoning
More about this property
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