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Brick Triplex Near Parkview Hospital
For Sale
$299,000

1325 N Elizabeth St, Pueblo, CO 81003

Residential Income, Pueblo, CO

Property Size2,560 SF
Lot Size0.24 Acres
Price / SF$116.80
Days on Market50

Property Features for 1325 N Elizabeth St

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning B-1
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 5
Parking features None
Window features Single Pane Window(s)
Patio and Porch features Deck
Interior features Walk-in Shower
Fencing Wood
Subdivision Northside/Avenues
Lot features Corner Lot, Sprinkler System- Rear, Lawn- Front
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0525409001
Size 2,560 SF
Lot size 0.24 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 1 + 2 BLK 41 COUNTY ADD
Tax Annual Amount 2012
Legal Description LOTS 1 + 2 BLK 41 COUNTY ADD

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1958
Floors in Building 2
Number of units 3
Building materials Brick, Copper Plumbing
Roof type Composition
Additional Structures Outbuilding
Buildings 1
Listing Agency: RE/MAX Associates · RE/MAX International
Listed By: Kendall Curtis
Added: Sep 10 Changed: Oct 26 Last Checked: Oct 29 at 8:06AM
MLS# 242213

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.

Rey
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Investment Insights

Based on property information with market context.

This 1958 brick triplex contains 2,560 square feet on a 0.24-acre corner lot. The property includes six bedrooms and three bathrooms, with two units currently rented and the third occupied by the owner. A prior dental-office layout was converted for residential use. Interior features include a walk-in shower, while a deck and wood fencing add exterior functionality.

The property is located near Parkview Hospital with access from N Elizabeth St. It carries B-1 zoning and is served by public water and public sewer. Building systems include natural-gas forced-air heat, wall-unit cooling, copper plumbing, and a composition roof.

Key Highlights

  • Three‑unit building with two rented units and one owner‑occupied unit
  • 2,560 square feet on a 0.24‑acre corner lot
  • Six bedrooms and three bathrooms

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 (±1% cap)
NOI $20,955 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K (±1% cap)
NOI $18,874 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$533.5K
$466.8K – $622.4K (±1% cap)
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

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

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

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with two leased units and one owner-occupied unit on a corner parcel.
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‑unit building with two rented units and one owner‑occupied unit; 2,560 square feet on a 0.24‑acre corner lot; Six bedrooms and three bathrooms
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