Two-Story Four-Unit
For Sale
$350,000
1118 E 6th St, Pueblo, CO 81001
Updated multifamily property with separately metered utilities and resident outdoor space.
Property Size4,000 SF
Price / SF$87.50
Days on Market129
Property Features for 1118 E 6th St
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$46,200
Amenities
covered front porches
covered balconies
fully fenced yard
washer and dryer hookups
separately metered gas and electric
bonus basement space
Building Details
Year Built
1923
Buildings
1
Stories
2
Listing Agency:
Rocky Mountain Realty
Listed By:
Toby Villanueva · License #100016222
(719) 252-9055
Source:
Seehomesincolorado
Added: Jun 10
Changed: Oct 1
Last Checked: Oct 14 at 11:10PM
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
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Investment Insights
Based on property information with market context.
This two-story quadplex contains four residential units totaling 4000 square feet. Each unit offers two bedrooms, one bathroom, washer and dryer hookups, and separately metered gas and electric service. The lower residences include additional basement areas and covered front porches, while the upper residences feature covered balconies. A fully fenced yard serves the property.
Recent work includes exterior and interior paint, newer LVP flooring, and selected kitchen and bathroom updates. Constructed in 1923, the property combines a four-unit layout with practical resident amenities and unit-level utility metering. The address is 1118 E 6th St, Pueblo, CO 81001.
Recent work includes exterior and interior paint, newer LVP flooring, and selected kitchen and bathroom updates. Constructed in 1923, the property combines a four-unit layout with practical resident amenities and unit-level utility metering. The address is 1118 E 6th St, Pueblo, CO 81001.
Key Highlights
- Four‑unit quadplex with 4000 square feet across two stories
- Each unit includes 2 bedrooms, 1 bathroom, and washer and dryer hookups
- Separately metered gas and electric service for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,491
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,820
$589.8K
Cap Rate 7%
$421,300
$421.3K
Cap Rate 9%
$327,678
$327.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$55.7K $13.92/SF
− Vacancy
−$2.1K −$0.52/SF
EGI
$53.6K $13.40/SF
− OpEx
−$24.1K −$6.03/SF
NOI
$29.5K $7.37/SF
Area
Pueblo, CO
Vacancy
3.70%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,820
Cap Rate 7%
$421,300
Cap Rate 9%
$327,678
Alternative Uses
Best Use
Multifamily LT 5
$467.7K
$409.3K – $545.7K
NOI $32,741 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$421.3K
$368.6K – $491.5K
NOI $29,491 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K
NOI $58,346 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Quadplex - Updated multifamily property with separately metered utilities and resident 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 $350,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4000 square feet across two stories; Each unit includes 2 bedrooms, 1 bathroom, and washer and dryer hookups; Separately metered gas and electric service for every unit
