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Move-In-Ready Two-Home Ranch Property

1922-1924 W 22nd St Pueblo, CO 81003

1922-1924 W 22nd St, Pueblo, CO, 81003
$188,000
For Sale
$188,000

MULTI_FAMILY - Ranch - Pueblo, CO

Property Size800 SF
Lot Size0.43 Acres
Price / SF$235
Days on Market11

Property Features for 1922-1924 W 22nd St

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R-2
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
None
Window features
Double Pane Windows, Window Coverings
Interior features
New Paint
Appliances
Tankless/On Demand Water Heater, Refrigerator-All, Electric Range-All, Microwave Built-In-Some
Standard status
Active
APN
526203002
Size
800 SF
Lot size
0.43 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOTS 1 TO 6 + W 1/2 OF 7 BLK 19 IRVING PL 2ND
Tax Annual Amount
595

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Water source
Public

Building Details

Year built
1930
Number of units
2
Flooring type
New floor coverings
Building materials
Frame
Roof type
Composition
Architectural style
Ranch
Listing Agency RE/MAX Associates
1310 HWY 50 W, Pueblo, CO
Listed by Kristy Chavez · License #40008798
Added: Jul 7 Checked: Jul 17 at 1:06 pm
MLS# 239926 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 property includes two separate ranch-style homes on one parcel. Each home is approximately 400 square feet, and both are described as clean and move-in ready. The listing also notes there is currently an old mobile home on the lot, which the owner will remove before closing.

The homes are set on a quiet street in Pueblo, Colorado, on a dead-end roadway. The site totals approximately 0.43 acres and is identified with R-2 zoning, offering room to consider additional improvements on the lot.

The layout can suit an owner-occupant who wants to live in one home while renting the other. With two independent residences already in place and a larger lot for future additions, the property is designed for buyers looking for straightforward multi-home residential use rather than major repositioning.

Key Highlights

  • Two homes on one large lot, each home approximately 400 SF, offering live‑in‑and‑rent or rental options
  • Almost 1/2‑acre lot on a quiet dead‑end street with room for potential additions like a large garage or RV parking
  • Ranch‑style frame construction with composition shingle roof

Local Financial Insights For Apartment 5plus

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 $11.1k $13.92
− Vacancy −$412 −$0.52
EGI $10.7k $13.40
− OpEx −$4.8k −$6.03
NOI $5.9k $7.37
800 SF · lease $13.92/SF/yr · vacancy 3.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$84.3K
$73.7K – $98.3K (±1% cap)
NOI $5,898 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$166.7K
$145.9K – $194.5K (±1% cap)
NOI $11,669 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Dental Office Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Auto Repair Shop Gym & Fitness Center

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

FAQs

What type of property is this?
Single family property - Two clean, move-in-ready homes on a large lot offer flexible owner-occupant or rental income use.
Where is this single family property 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 $188,000.
What are key features of this property?
This property features: Two homes on one large lot, each home approximately 400 SF, offering live‑in‑and‑rent or rental options; Almost 1/2‑acre lot on a quiet dead‑end street with room for potential additions like a large garage or RV parking; Ranch‑style frame construction with composition shingle roof
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