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Mixed-Use Triplex with Storefront
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 Market1

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 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Parking features On Street, RV
Window features Vinyl Frames, Window Coverings, Double Pane Windows, Single Pane Window(s)
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 Crawl Space, Unfinished
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 Hot Water(Heating), Wall Furnace, Electric (Heating), Natural Gas, Forced Air, Baseboard
Water source Public

Amenities

private parking
private courtyard

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
Listed By: The Top Shelf Team · License #1999023818
Added: Oct 16 Last Checked: Oct 16 at 9:06PM
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.

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Investment Insights

Based on property information with market context.

This 1,988-square-foot mixed-use building contains a commercial storefront with a bathroom and office, plus two apartments: one with a bedroom and bathroom, and another with two bedrooms and a bathroom. All three spaces are rented. The property also has a private courtyard and a replacement electrical service box and panel.

The parcel measures 0.127 acres and carries B-4 zoning. Tenants pay all utilities.

Key Highlights

  • 1,988‑square‑foot building on a 0.127‑acre parcel
  • Mixed‑use configuration with a commercial storefront and two apartments
  • Storefront includes a bathroom and office

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 (±1% cap)
NOI $19,323 @ 7.0% cap · market cap 10.18%
Second Best
Retail
$261.5K
$228.8K – $305.1K (±1% cap)
NOI $18,306 @ 7.0% cap · market cap 9.64%
Theoretical Best
Office A
$414.3K
$362.5K – $483.3K (±1% cap)
NOI $28,998 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Altra Dental Lab Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three occupied spaces pair a commercial suite 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 building on a 0.127‑acre parcel; Mixed‑use configuration with a commercial storefront and two apartments; Storefront includes a bathroom and office
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