Duplex with Detached
For Sale
$139,000
1802 E 8th St, Pueblo, CO 81001
Four-bedroom main residence paired with a detached studio apartment and off-street parking.
Property Size1,600 SF
Days on Market46
Property Features for 1802 E 8th St
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
1
Property subtype
Multi Family Home
Zoning
R-2
Units
Unit Mix
1 x 4BR/1.5BA, 1 x studio
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,225
Building Details
Building Size
1,600 SF
Year Built
1901
Buildings
2
Stories
1
Units
2
Listing Agency:
Keller Williams Performance Realty
(719) 252-7488
Listed By:
Team Rochelle Cozzolino
(719) 252-7488
Source:
Pikespeakdreamhomesrealty
Added: Jul 15
Changed: Aug 29
Last Checked: Aug 29 at 1:09PM
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 Keller Williams Performance Realty
Investment Insights
Based on property information with market context.
This R-2 duplex includes a four-bedroom, 1.5-bath main residence and a detached studio apartment. Interior updates to the primary home include new carpet throughout, with newer vinyl flooring in the kitchen, laundry, and bathrooms. A detached 1-car garage and off-street parking are also included.
The property is located at 1802 E 8th St in Pueblo, Colorado, and was built in 1901. The detached studio adds a separate residential component to the overall configuration.
The property is located at 1802 E 8th St in Pueblo, Colorado, and was built in 1901. The detached studio adds a separate residential component to the overall configuration.
Key Highlights
- R‑2 zoning
- Main residence offers 4 bedrooms and 1.5 baths
- Detached studio apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,796
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,920
$235.9K
Cap Rate 7%
$168,514
$168.5K
Cap Rate 9%
$131,067
$131.1K
Market Conditions
NOI Build-Up for 1,600 SF
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.
Gross rent
$22.3K $13.92/SF
− Vacancy
−$824 −$0.52/SF
EGI
$21.4K $13.40/SF
− OpEx
−$9.7K −$6.03/SF
NOI
$11.8K $7.37/SF
Area
Pueblo, CO
Vacancy
3.70%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,920
Cap Rate 7%
$168,514
Cap Rate 9%
$131,067
Alternative Uses
Best Use
Multifamily LT 5
$187.1K
$163.7K – $218.3K
NOI $13,097 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$168.5K
$147.5K – $196.6K
NOI $11,796 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$333.4K
$291.7K – $389.0K
NOI $23,339 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
267
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom main residence paired with a detached studio apartment and off-street parking.
Where is this duplex located?
The property is located at 1802 E 8th St Pueblo, CO.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: R‑2 zoning; Main residence offers 4 bedrooms and 1.5 baths; Detached studio apartment
