Mixed-Use Property with
New
For Sale
$189,900
1314 E Evans Ave, Pueblo, CO 81004
Residential Income, Pueblo, CO
Property Size1,988 SF
Lot Size0.13 Acres
Price / SF$95.52
Days on Market2
Property Features for 1314 E Evans Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
B-4
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2
Parking features
On Street, RV
Window features
Single Pane Window(s), Window Coverings, Vinyl Frames, Double Pane Windows
Patio and Porch features
Porch
Interior features
New Paint, Ceiling Fan(s), Cable TV
Exterior features
Outdoor Lighting-Rear, Outdoor Lighting-Front, Courtyard
Fencing
Wood
Fireplace
1
Basement
Unfinished, Crawl Space
Appliances
Dishwasher-None, Garbage Disposal-All, Refrigerator-All, Gas Range-Some, Electric Range-Some, Range Hood-Some
Subdivision
Minnequa Area
Lot features
Rock- Rear
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
1512104003
Size
1,988 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
LOT 3 LESS STRIP 6 IN BY 37 FT IN NW COR BLK 2 STEELWORKS AMENDED
Tax Annual Amount
1435
Legal Description
LOT 3 LESS STRIP 6 IN BY 37 FT IN NW COR BLK 2 STEELWORKS AMENDED
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Natural Gas, Baseboard, Wall Furnace, Hot Water(Heating)
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Flooring type
New floor coverings
Building materials
Brick, Stucco, Wood Siding
Roof type
Composition
Listing Agency:
Keller Williams Advantage
(303) 986-4300
Listed By:
The Top Shelf Team · License #1999023818
(719) 289-6494
Added: Oct 9
Last Checked: Oct 10 at 3:06AM
MLS# 234122
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.
Built in 1920, this 1,988-square-foot mixed-use property contains a commercial storefront with a bathroom and office, a one-bedroom, one-bath apartment, and a two-bedroom, one-bath apartment. All three spaces are occupied. A newer electrical service box and panel, courtyard, and porch are among the property’s features.
The site measures 0.127 acres and carries B-4 zoning. Tenants cover all utilities, and the property is being sold as is.
The site measures 0.127 acres and carries B-4 zoning. Tenants cover all utilities, and the property is being sold as is.
Key Highlights
- 1,988‑square‑foot mixed‑use property on a 0.127‑acre lot
- Commercial storefront with bathroom and office
- Residential units include one bedroom and one bath, and two bedrooms and one bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,273
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,460
$325.5K
Cap Rate 7%
$232,471
$232.5K
Cap Rate 9%
$180,811
$180.8K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$24.1K $12.12/SF
− Vacancy
−$848 −$0.43/SF
EGI
$23.2K $11.69/SF
− OpEx
−$7.0K −$3.51/SF
NOI
$16.3K $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%
$325,460
Cap Rate 7%
$232,471
Cap Rate 9%
$180,811
Alternative Uses
Best Use
Mixed Use
$276.0K
$241.5K – $322.1K
NOI $19,323 @ 7.0% cap · market cap 10.18%
Second Best
Retail
$261.5K
$228.8K – $305.1K
NOI $18,306 @ 7.0% cap · market cap 9.64%
Theoretical Best
Office A
$414.3K
$362.5K – $483.3K
NOI $28,998 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
426
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The occupied property combines a commercial space with two residential apartments.
Where is this mixed-use property located?
The property is located at 1314 E Evans Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1,988‑square‑foot mixed‑use property on a 0.127‑acre lot; Commercial storefront with bathroom and office; Residential units include one bedroom and one bath, and two bedrooms and one bath
