Duplex Ranch Home with Attached
For Sale
$249,500
1119 Conley, Pueblo, CO 81003
MULTI_FAMILY - Ranch - Pueblo, CO
Property Size1,248 SF
Lot Size0.12 Acres
Price / SF$199.92
Days on Market45
Property Features for 1119 Conley
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R-4
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1
Parking
1
Parking features
Garage - Attached
Window features
Vinyl Frames
Interior features
New Paint
Appliances
Refrigerator-All, Electric Range-All
Subdivision
Northside/Avenues
Lot features
Corner Lot, Lawn- Front
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0525346001
Size
1,248 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 40 FT OF LOTS 1 TO 3 BLK 16 CRAIGS ADD
Tax Annual Amount
1765
Legal Description
N 40 FT OF LOTS 1 TO 3 BLK 16 CRAIGS ADD
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1927
Number of units
2
Flooring type
New floor coverings
Building materials
Frame, Stucco
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Buy Smart Colorado
(719) 310-8464
Listed By:
Caleb Skelton
(719) 216-4057
Added: Jun 18
Changed: Aug 1
Last Checked: Aug 1 at 6:06AM
MLS# 240639
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 duplex ranch property is set up as a house-and-cottage configuration with long-term tenants in both units. Following extensive renovations completed in 2024, the main house and cottage were fully remodeled, including updated flooring, fresh paint, modernized bathrooms, and additional improvements. Interior details include new paint and new floor coverings. Heating is baseboard electric, and the home features a frame and stucco exterior with a composition roof.
The property sits on a 0.12-acre lot with public water and public sewer service. Parking is provided by an attached garage. Landlord currently pays water, while tenants are responsible for their remaining utilities. The duplex is zoned R-4, supporting a residential use in Pueblo.
Built in 1927, the ranch-style duplex offers a straightforward tenant-occupied setup with two bathrooms and multiple bedrooms across the layout.
The property sits on a 0.12-acre lot with public water and public sewer service. Parking is provided by an attached garage. Landlord currently pays water, while tenants are responsible for their remaining utilities. The duplex is zoned R-4, supporting a residential use in Pueblo.
Built in 1927, the ranch-style duplex offers a straightforward tenant-occupied setup with two bathrooms and multiple bedrooms across the layout.
Key Highlights
- Renovations completed in 2024 with long‑term tenants in both units
- R‑4 zoning for a two‑unit residential setup
- 0.12‑acre lot with public water and public sewer
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R-4 two-unit ranch with attached garage, public water and sewer, and renovations completed in 2024.
Where is this duplex located?
The property is located at 1119 Conley 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: Renovations completed in 2024 with long‑term tenants in both units; R‑4 zoning for a two‑unit residential setup; 0.12‑acre lot with public water and public sewer
