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Rented Duplex with Back Unit

1437 Cypress St Pueblo, CO 81004

1437 Cypress St, Pueblo, CO, 81004
$180,000
For Sale
Claim this Listing
$180,000

MULTI_FAMILY - Pueblo, CO

Property Size1,164 SF
Lot Size0.07 Acres
Price / SF$154.64
AddedJun 23
Days on Market23
Last RefreshJul 15 at 2:06 pm

Property Features for 1437 Cypress St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2
Parking features
On Street
Window features
Window Coverings, Double Pane Windows
Patio and Porch features
Porch
Interior features
Walk-in Shower
Exterior features
Accessory Dwelling
Fencing
Wood
Appliances
Refrigerator-All, Gas Range-Some, Microwave Built-In-Some, Electric Cooktop-Some
Standard status
Active
APN
1512207010
Size
1,164 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
N 15 1/2 FT LOT 28 + S 1/2 OF 29 BLK 7 LAKE AVE ADD
Tax Annual Amount
1089

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1903
Floors in Building
2
Number of units
2
Building materials
Stucco
Roof type
Rolled Hot Mop
Additional Structures
Guest House

Listing agent Victoria Labecki

Listing office 8z Real Estate CO

Listing date Jun 23, 2026

MLS# 239845 Listing URL

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.

This duplex in Pueblo includes a main home plus an additional back unit. Both units are currently rented, and the layout provides each tenant their own space and privacy.

The property is located at 1437 Cypress St in Pueblo, CO 81004, on a compact lot of 0.07 acres. The asset is zoned R-3.

For investors or owner-occupants seeking a small residential income property, the current tenant occupancy offers a straightforward setup with two separate rented units on one site. The configuration can also appeal to buyers looking for a duplex format rather than a larger multi-family building, while still maintaining an income-producing structure with distinct living spaces.

Key Highlights

  • Pueblo‑style property built in 1903 with main home plus an additional accessory dwelling unit
  • Both the main home and back unit are currently rented, offering built‑in income potential
  • Walk‑in shower and two bathrooms across Bedrooms 1, 2, and 3

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $14.1k $12.12
− Vacancy −$497 −$0.43
EGI $13.6k $11.69
− OpEx −$4.1k −$3.51
NOI $9.5k $8.19
1,164 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$136.1K
$119.1K – $158.8K (±1% cap)
NOI $9,528 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$122.6K
$107.3K – $143.0K (±1% cap)
NOI $8,582 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$242.6K
$212.2K – $283.0K (±1% cap)
NOI $16,979 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Dental Office HVAC Service Spa & Massage Center Big Box & Wholesale Store Grocery & Convenience Store Computer & Electronic Repair Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with a main home and rented back unit, providing separate tenant spaces under R-3 zoning.
Where is this duplex located?
The property is located at 1437 Cypress St Pueblo, CO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Pueblo‑style property built in 1903 with main home plus an additional accessory dwelling unit; Both the main home and back unit are currently rented, offering built‑in income potential; Walk‑in shower and two bathrooms across Bedrooms 1, 2, and 3
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