Four-Unit Apartment
For Sale
$450,000
129 Van Buren Street #131, Pueblo, CO 81004
A detached garage adds vehicle storage to this four-residence property.
Property Size2,560 SF
Price / SF$175.78
Days on Market11
Property Features for 129 Van Buren Street #131
General Information
Standard status
Active
Size
2,560 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-3
Site & Location
Neighborhood
Mesa Junction
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,112
Building Details
Building Size
2,560 SF
Year Built
1909
Stories
3
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Shireka Strange
(719) 999-5067
Source:
Gatewayrealtyi-70
Added: Oct 14
Changed: Oct 24
Last Checked: Oct 23 at 5:19PM
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 LPT Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property contains 2,560 square feet, with each residence configured as a one-bedroom, one-bathroom unit. A detached two-car garage is also part of the property. Built in 1909, the building is zoned R-3.
The property is located at 129 Van Buren Street in Pueblo, Colorado.
The property is located at 129 Van Buren Street in Pueblo, Colorado.
Key Highlights
- Four units, each with one bedroom and one bathroom
- 2,560 square feet
- Detached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,955
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,100
$419.1K
Cap Rate 7%
$299,357
$299.4K
Cap Rate 9%
$232,833
$232.8K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$31.0K $12.12/SF
− Vacancy
−$1.1K −$0.43/SF
EGI
$29.9K $11.69/SF
− OpEx
−$9.0K −$3.51/SF
NOI
$21.0K $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%
$419,100
Cap Rate 7%
$299,357
Cap Rate 9%
$232,833
Alternative Uses
Best Use
Multifamily LT 5
$299.4K
$261.9K – $349.3K
NOI $20,955 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K
NOI $18,874 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$533.5K
$466.8K – $622.4K
NOI $37,342 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,010
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?
Quadplex - A detached garage adds vehicle storage to this four-residence property.
Where is this quadplex located?
The property is located at 129 Van Buren Street #131 Pueblo, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units, each with one bedroom and one bathroom; 2,560 square feet; Detached two‑car garage
