Four-Unit Multifamily
For Sale
$460,000
167 Bonnymede, Pueblo, CO 81001
Residential Income, Pueblo, CO
Property Size2,023 SF
Lot Size2.79 Acres
Price / SF$227.39
Days on Market123
Property Features for 167 Bonnymede
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-5
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 8, Bathroom 4
Parking features
On Street
Appliances
Dishwasher-All, Refrigerator-All, Electric Range-All, Washer-All, Dryer-All, Electric Cooktop-All
Subdivision
Belmont
Lot features
Irregular Lot, Rock- Rear, Rock- Front
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
418407008
Size
2,023 SF
Lot size
2.79 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 8 BLK 403 BELMONT 41ST
Tax Annual Amount
2291
Legal Description
LOT 8 BLK 403 BELMONT 41ST
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1970
Floors in Building
2
Number of units
4
Building materials
Frame, Stucco, Copper Plumbing
Roof type
Composition
Listing Agency:
RE/MAX Of Pueblo Inc · RE/MAX International
(719) 546-1717
Listed By:
Larry Turner · License #EA40004597
(719) 569-2888
Added: Jun 14
Changed: Sep 16
Last Checked: Oct 14 at 2:06PM
MLS# 236887
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 four-unit multifamily property in the Belmont area of Pueblo contains 2,023 square feet on a 2.786-acre parcel. Built in 1970, the property includes 8 bedrooms and 4 bathrooms, with all units described as being in fair condition. Each unit has a dishwasher, refrigerator, electric range, washer, dryer, and electric cooktop. Construction includes frame and stucco materials with copper plumbing, while heating is provided by natural gas forced air and cooling by wall units.
The property is located at 167 Bonnymede in Pueblo, Colorado, and is served by public water and public sewer. Parking is available on the street. The property is zoned R-5. The owner pays water and trash, while tenants pay electric and gas.
The property is located at 167 Bonnymede in Pueblo, Colorado, and is served by public water and public sewer. Parking is available on the street. The property is zoned R-5. The owner pays water and trash, while tenants pay electric and gas.
Key Highlights
- Four residential units totaling 2,023 square feet
- 2.786‑acre parcel zoned R‑5
- 8 bedrooms and 4 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,559
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,180
$331.2K
Cap Rate 7%
$236,557
$236.6K
Cap Rate 9%
$183,989
$184.0K
Market Conditions
NOI Build-Up for 2,023 SF
Gross rent
$24.5K $12.12/SF
− Vacancy
−$863 −$0.43/SF
EGI
$23.7K $11.69/SF
− OpEx
−$7.1K −$3.51/SF
NOI
$16.6K $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%
$331,180
Cap Rate 7%
$236,557
Cap Rate 9%
$183,989
Alternative Uses
Best Use
Multifamily LT 5
$236.6K
$207.0K – $276.0K
NOI $16,559 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$213.1K
$186.4K – $248.6K
NOI $14,915 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$421.6K
$368.9K – $491.8K
NOI $29,509 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 81001, CO
31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
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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?
Quadplex - Four residential units with shared utility responsibility and individual appliance packages in Pueblo’s Belmont area.
Where is this quadplex located?
The property is located at 167 Bonnymede Pueblo, CO.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four residential units totaling 2,023 square feet; 2.786‑acre parcel zoned R‑5; 8 bedrooms and 4 bathrooms
