Duplex with Move-In Ready
1922-1924 W 22nd St Pueblo, CO 81003
For Sale
$194,900
Two clean, move-in ready homes on a nearly half-acre lot, each about 400 SF.
Property Size800 SF
Price / SF$243.63
Days on Market69
Property Features for 1922-1924 W 22nd St
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing Agency:
RE/MAX Associates
(719) 406-4406
Listed By:
Kristy Chavez · License #40008798
(719) 406-4406
Source:
Exitrealty
Added: May 17
Changed: Jul 23
Last Checked: Jul 24 at 5:29AM
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
Investment Insights
Based on property information with market context.
This property features two separate homes on a large lot, positioned in a quiet setting on a dead end street. Each home is approximately 400 SF, and the homes are described as clean and move-in ready.
The lot is almost 1/2 acre, offering room for future improvements such as adding a large garage and providing RV parking, subject to buyer plans. The listing also notes that there is currently an old mobile home on the lot, which the owner will remove before closing.
Ideal for a buyer seeking rental income from both homes or owner-occupancy of one home while renting the other, this configuration supports multiple living arrangements within a single property footprint on W 22nd St in Pueblo, CO.
The lot is almost 1/2 acre, offering room for future improvements such as adding a large garage and providing RV parking, subject to buyer plans. The listing also notes that there is currently an old mobile home on the lot, which the owner will remove before closing.
Ideal for a buyer seeking rental income from both homes or owner-occupancy of one home while renting the other, this configuration supports multiple living arrangements within a single property footprint on W 22nd St in Pueblo, CO.
Key Highlights
- Two homes on a nearly half‑acre lot, each approximately 400 SF
- Move‑in ready homes in a quiet setting on a dead‑end street
- Great owner‑occupant or rental setup: live in one home and rent the other
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 | $9.7k | $12.12 |
| − Vacancy | −$341 | −$0.43 |
| EGI | $9.4k | $11.69 |
| − OpEx | −$2.8k | −$3.51 |
| NOI | $6.5k | $8.19 |
800 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$93.5K
$81.9K – $109.1K
NOI $6,548 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$84.3K
$73.7K – $98.3K
NOI $5,898 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$166.7K
$145.9K – $194.5K
NOI $11,669 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two clean, move-in ready homes on a nearly half-acre lot, each about 400 SF.
Where is this duplex located?
The property is located at 1922-1924 W 22nd St Pueblo, CO.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Two homes on a nearly half‑acre lot, each approximately 400 SF; Move‑in ready homes in a quiet setting on a dead‑end street; Great owner‑occupant or rental setup: live in one home and rent the other
