Duplex with Private
For Sale
$288,000
1232 Elm St, Pueblo, CO 81004
Each residence includes its own laundry area and a fenced outdoor space.
Property Size2,310 SF
Price / SF$124.68
Days on Market10
Property Features for 1232 Elm St
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Duplex
Site & Location
Neighborhood
Bessemer
Highway Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,150
Amenities
laundry
fenced yard
Building Details
Building Size
2,310 SF
Year Built
1900
Listing Agency:
RE/MAX Associates
Listed By:
Renee Hassebroek · License #100068116
(719) 583-8383
Source:
Curtisryanrealestate
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 3:16PM
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 RE/MAX Associates
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex has laundry facilities in both residences. Fenced areas at the front and rear provide each unit with a private yard setting.
Parking is available behind the property, with additional street parking. The property is near I-25 and accessible amenities.
Parking is available behind the property, with additional street parking. The property is near I-25 and accessible amenities.
Key Highlights
- Duplex with 2,310 property size
- Laundry facilities in each unit
- Separate fenced yard areas for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,908
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,160
$378.2K
Cap Rate 7%
$270,114
$270.1K
Cap Rate 9%
$210,089
$210.1K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$28.0K $12.12/SF
− Vacancy
−$986 −$0.43/SF
EGI
$27.0K $11.69/SF
− OpEx
−$8.1K −$3.51/SF
NOI
$18.9K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,160
Cap Rate 7%
$270,114
Cap Rate 9%
$210,089
Alternative Uses
Best Use
Multifamily LT 5
$270.1K
$236.4K – $315.1K
NOI $18,908 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$243.3K
$212.9K – $283.9K
NOI $17,031 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$481.4K
$421.2K – $561.6K
NOI $33,695 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 81004, CO
26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
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?
Duplex - Each residence includes its own laundry area and a fenced outdoor space.
Where is this duplex located?
The property is located at 1232 Elm St Pueblo, CO.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: Duplex with 2,310 property size; Laundry facilities in each unit; Separate fenced yard areas for both residences
