R-5 Triplex with Office
1217 N Greenwood St Pueblo, CO 81003
New
1217 N Greenwood St, Pueblo, CO, 81003
$400,000
For Sale
$400,000
MULTI_FAMILY - Ranch - Pueblo, CO
Property Size2,478 SF
Lot Size0.28 Acres
Price / SF$161.42
Days on Market3
Property Features for 1217 N Greenwood St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R-5
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 1
- Parking
- 1
- Parking features
- Garage - Attached
- Window features
- Double Pane Windows, Vinyl Frames, Single Pane Window(s)
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Vaulted Ceiling(s), Cable TV
- Exterior features
- Outdoor Lighting-Rear, Outdoor Lighting-Front
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Unfinished, Partial
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Dishwasher-All, Refrigerator-All, Washer-All, Dryer-All, Built-in Oven-All
- Standard status
- Active
- APN
- 525419015
- Size
- 2,478 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS A THRU D INC ELIZABETH PL SUB OF N 1/2 OF BLK 37 COUNTY ADD FORMERLY #05254-19-001 + 002
- Tax Annual Amount
- 2513
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
Redfin Corp
(303) 909-6714
CO
Listed by
Travis Fraker
(719) 431-9757
Added: Jul 15 Checked: Jul 17 at 9:06 pm
MLS# 241190
Listing URL
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 R-5 zoned property is currently configured into three separate spaces, providing flexible residential and professional use options. One side features a 420 sq. ft. one-bedroom apartment. The main living area includes two bedrooms, one full bathroom, an unfinished 760 sq. ft. basement, and garage space. A third unit offers three rooms and two half baths, well suited for office or professional use. Each unit has its own full kitchen, and all appliances are included.
The property is located between Parkview Hospital and City Center. Exterior and interior improvements include oak hardwood floors and double-pane vinyl windows. There is a covered rear deck with a handicap-accessible entry.
Parking is available with eight spaces behind the property, plus additional street parking.
The property is located between Parkview Hospital and City Center. Exterior and interior improvements include oak hardwood floors and double-pane vinyl windows. There is a covered rear deck with a handicap-accessible entry.
Parking is available with eight spaces behind the property, plus additional street parking.
Key Highlights
- R‑5 zoned property with flexibility for residential, commercial, or investment use; permitted uses include multi‑family apartments, professional offices, and non‑profit organizations
- Configured as three separate spaces: a 420 SF one‑bedroom apartment, a main living area with two bedrooms and one full bath, and a third unit with three rooms and two half baths
- Each unit has its own full kitchen and all appliances are included (dishwasher, refrigerator, washer, dryer, and built‑in oven)
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 | $30.0k | $12.12 |
| − Vacancy | −$1.1k | −$0.43 |
| EGI | $29.0k | $11.69 |
| − OpEx | −$8.7k | −$3.51 |
| NOI | $20.3k | $8.19 |
2,478 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.8K
$253.5K – $338.1K
NOI $20,283 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$261.0K
$228.4K – $304.5K
NOI $18,270 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$516.4K
$451.8K – $602.4K
NOI $36,146 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three separate units on an R-5 property, with full kitchens and included appliances.
Where is this triplex located?
The property is located at 1217 N Greenwood St Pueblo, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: R‑5 zoned property with flexibility for residential, commercial, or investment use; permitted uses include multi‑family apartments, professional offices, and non‑profit organizations; Configured as three separate spaces: a 420 SF one‑bedroom apartment, a main living area with two bedrooms and one full bath, and a third unit with three rooms and two half baths; Each unit has its own full kitchen and all appliances are included (dishwasher, refrigerator, washer, dryer, and built‑in oven)
