Three-Unit Residential
New
For Sale
$185,000
1115-1117 E 3rd St, Pueblo, CO 81001
Residential Income, Pueblo, CO
Property Size1,736 SF
Lot Size0.28 Acres
Price / SF$106.57
Days on Market3
Property Features for 1115-1117 E 3rd St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-4
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2
Window features
Wood Frames, Storm Window(s)
Patio and Porch features
Patio, Porch
Fencing
Fenced
Basement
Partial
Appliances
Refrigerator-All, Electric Range-All
Subdivision
Eastside
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0431123010
Size
1,736 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 19 TO 22 INC BLK 11 WINTERS ADD
Tax Annual Amount
789
Legal Description
LOTS 19 TO 22 INC BLK 11 WINTERS ADD
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
covered front porch
fenced backyard
Building Details
Year built
1929
Number of units
3
Building materials
Frame, Stucco
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Keller Williams Performance Realty · Keller Williams Realty
(719) 583-1100
Listed By:
Jami Baker Orr Team
(719) 647-7252
Added: Oct 5
Last Checked: Oct 7 at 12:06AM
MLS# 242620
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 1,736-square-foot triplex contains three one-bedroom, one-bathroom residences on a 0.28-acre lot. Two apartments are on the upper level, while the third occupies the lower level. Each unit has a kitchen and living space; the upper apartments also include dining areas and covered porches. A fenced backyard, gravel driveway, and on-site parking are additional property features.
Built in 1929, the frame-and-stucco building has forced-air heating, a composition roof, and public water and sewer. The property is near downtown and offers access to major highways.
Built in 1929, the frame-and-stucco building has forced-air heating, a composition roof, and public water and sewer. The property is near downtown and offers access to major highways.
Key Highlights
- Three residences, each with 1 bedroom and 1 bathroom
- 1,736‑square‑foot building on a 0.28‑acre lot
- Two upper‑level apartments and one lower‑level unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,210
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,200
$284.2K
Cap Rate 7%
$203,000
$203.0K
Cap Rate 9%
$157,889
$157.9K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$21.0K $12.12/SF
− Vacancy
−$741 −$0.43/SF
EGI
$20.3K $11.69/SF
− OpEx
−$6.1K −$3.51/SF
NOI
$14.2K $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%
$284,200
Cap Rate 7%
$203,000
Cap Rate 9%
$157,889
Alternative Uses
Best Use
Multifamily LT 5
$203.0K
$177.6K – $236.8K
NOI $14,210 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$182.8K
$160.0K – $213.3K
NOI $12,799 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$361.7K
$316.5K – $422.0K
NOI $25,322 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 81001, CO
31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - The property combines two upper-level apartments with a separate lower-level residence, each configured with one bedroom and one bathroom.
Where is this triplex located?
The property is located at 1115-1117 E 3rd St Pueblo, CO.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Three residences, each with 1 bedroom and 1 bathroom; 1,736‑square‑foot building on a 0.28‑acre lot; Two upper‑level apartments and one lower‑level unit
