Remodeled Duplex with
1119 Conley St Pueblo, CO 81003
1119 Conley St, Pueblo, CO, 81003
$249,500
For Sale
$249,500
Duplex with main house and cottage, fully remodeled in 2024 and leased long term for steady monthly income.
Property Size1,248 SF
Price / SF$199.92
Days on Market29
Property Features for 1119 Conley St
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1927
Listing Agency
Buy Smart Colorado
(719) 216-4057
Listed by
Caleb Skelton · License #FA100077073
(719) 216-4057
Source
Exitrealty
Added: Jun 19 Checked: Jul 17 at 3:22 am
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 Buy Smart Colorado
Investment Insights
Based on property information with market context.
This property is a duplex setup featuring a main house and a separate cottage, with both units fully remodeled in 2024. Improvements include updated flooring, fresh paint, modernized bathrooms, and additional upgrades throughout. Long-term tenants are in place in both units under current leases.
Rental income is reported at $2,722 per month, totaling over $32,000 annually. The landlord currently pays water, while tenants are responsible for their remaining utilities. The property is located at 1119 Conley St, Pueblo, CO 81003.
Rental income is reported at $2,722 per month, totaling over $32,000 annually. The landlord currently pays water, while tenants are responsible for their remaining utilities. The property is located at 1119 Conley St, Pueblo, CO 81003.
Key Highlights
- Duplex with a main house and separate cottage, built in 1927
- Fully remodeled in 2024 with updated flooring and fresh paint throughout
- Modernized bathrooms in both the main house and cottage
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 | $15.1k | $12.12 |
| − Vacancy | −$532 | −$0.43 |
| EGI | $14.6k | $11.69 |
| − OpEx | −$4.4k | −$3.51 |
| NOI | $10.2k | $8.19 |
1,248 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$145.9K
$127.7K – $170.3K
NOI $10,215 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$131.4K
$115.0K – $153.4K
NOI $9,201 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$260.1K
$227.6K – $303.4K
NOI $18,204 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with main house and cottage, fully remodeled in 2024 and leased long term for steady monthly income.
Where is this duplex located?
The property is located at 1119 Conley St Pueblo, CO.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Duplex with a main house and separate cottage, built in 1927; Fully remodeled in 2024 with updated flooring and fresh paint throughout; Modernized bathrooms in both the main house and cottage
