Three-Unit Residential
New
For Sale
$299,000
1325 N Elizabeth St, Pueblo, CO 81003
A former dental office now contains three residential units, with two rented and one occupied by the owner.
Property Size2,560 SF
Price / SF$116.80
Days on Market4
Property Features for 1325 N Elizabeth St
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Triplex
Site & Location
Neighborhood
Northside
Road Access
Yes
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,011
Building Details
Building Size
2,560 SF
Year Built
1958
Buildings
1
Construction
blonde brick
Tenancy
Multi
Listing Agency:
RE/MAX Associates
Listed By:
Kendall Curtis · License #40008607
(719) 583-8383
Source:
Curtisryanrealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 4:15AM
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.
This 2,560-square-foot triplex was built in 1958 and occupies a corner lot. The building has blonde brick construction and a lawn served by a sprinkler system. It was converted from a dental office to residential use and contains three units.
Two units are rented, while the owner occupies the third. The property is near Parkview Hospital and has access from Elizabeth Street, with parking on site.
Two units are rented, while the owner occupies the third. The property is near Parkview Hospital and has access from Elizabeth Street, with parking on site.
Key Highlights
- Three residential units; two are rented and one is owner‑occupied
- 2,560 square feet; built in 1958
- Corner‑lot property near Parkview Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,955
Cap Rate
7.01%
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 7.01%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K
NOI $18,874 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$533.5K
$466.8K – $622.4K
NOI $37,342 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,558
Businesses Nearby
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
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
Frequently Asked Questions
What type of property is this?
Triplex - A former dental office now contains three residential units, with two rented and one occupied by the owner.
Where is this triplex located?
The property is located at 1325 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three residential units; two are rented and one is owner‑occupied; 2,560 square feet; built in 1958; Corner‑lot property near Parkview Hospital
