Turnkey Fourplex
1118 E 6th St Pueblo, CO 81001
For Sale
$385,000
Two-story fourplex with updated interiors, in-unit hookups, separate utilities, and covered outdoor space.
Property Size4,000 SF
Price / SF$96.25
Days on Market141
Property Features for 1118 E 6th St
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1923
Listing Agency:
Rocky Mountain Realty
(719) 252-9055
Listed By:
Toby Villanueva · License #100016222
(719) 252-9055
Source:
Exitrealty
Added: Mar 5
Changed: Jul 23
Last Checked: Jul 24 at 6:16AM
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 Rocky Mountain Realty
Investment Insights
Based on property information with market context.
This solidly built two-story fourplex offers four rental units, each with 2 bedrooms and 1 bathroom. Several interior improvements are in place, including newer LVP flooring, newly painted interiors, updated bathrooms in select units, and updated kitchens in select units. Washer and dryer hookups are provided for each unit, and separate gas and electric meters support individual utility billing. The lower units include bonus basement space, and both the lower and upper levels feature covered outdoor areas, including covered porches and a covered balcony. A fully fenced yard adds additional private outdoor space.
The property has been freshly painted on the exterior. Owner expenses are described as limited to water and trash.
Overall, the layout combines repeatable unit configurations with basement bonus space for the lower units, covered outdoor amenities for tenant enjoyment, and separate metering for each unit.
The property has been freshly painted on the exterior. Owner expenses are described as limited to water and trash.
Overall, the layout combines repeatable unit configurations with basement bonus space for the lower units, covered outdoor amenities for tenant enjoyment, and separate metering for each unit.
Key Highlights
- Two‑story fourplex built in 1923 with current rental income of $3,850/month
- Four units; each unit has 2 bedrooms and 1 bathroom
- Interior updates include newer LVP flooring plus newly painted areas, updated bathrooms in select units, and updated kitchens in select units
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 | $48.5k | $12.12 |
| − Vacancy | −$1.7k | −$0.43 |
| EGI | $46.8k | $11.69 |
| − OpEx | −$14.0k | −$3.51 |
| NOI | $32.7k | $8.19 |
4,000 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.7K
$409.3K – $545.7K
NOI $32,741 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$421.3K
$368.6K – $491.5K
NOI $29,491 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K
NOI $58,346 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-story fourplex with updated interiors, in-unit hookups, separate utilities, and covered outdoor space.
Where is this quadplex located?
The property is located at 1118 E 6th St Pueblo, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑story fourplex built in 1923 with current rental income of $3,850/month; Four units; each unit has 2 bedrooms and 1 bathroom; Interior updates include newer LVP flooring plus newly painted areas, updated bathrooms in select units, and updated kitchens in select units
