Two-Unit
For Sale
$185,000
1922-1924 W 22nd St, Pueblo, CO 81003
Residential Income, Pueblo, CO
Property Size800 SF
Lot Size0.43 Acres
Price / SF$231.25
Days on Market8
Property Features for 1922-1924 W 22nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
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
Subdivision
Westside
Lot features
Rock- Rear, Rock- Front
Elementary school
D60
Middle school
D60
High school
D60
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
Legal Description
LOTS 1 TO 6 + W 1/2 OF 7 BLK 19 IRVING PL 2ND
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
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 · RE/MAX International
(719) 583-8383
Listed By:
Robert Tibbs · License #001318320
(719) 240-4277
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 3:06AM
MLS# 242551
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 property comprises two ranch-style residences totaling 800 square feet, with approximately 400 square feet in each home. Built in 1930, the buildings have frame construction, electric heating, composition roofs, updated paint and floor coverings, and tankless water heating. Refrigerators and electric ranges are included; a built-in microwave is present in some areas. The property has no designated parking features.
The residences sit on a 0.43-acre parcel zoned R-2. Public water and public sewer serve the property.
The residences sit on a 0.43-acre parcel zoned R-2. Public water and public sewer serve the property.
Key Highlights
- Two residences totaling 800 square feet, with approximately 400 square feet per home
- 0.43‑acre parcel zoned R‑2
- Built in 1930 with ranch‑style architecture and frame construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,548
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,960
$131.0K
Cap Rate 7%
$93,543
$93.5K
Cap Rate 9%
$72,756
$72.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$9.7K $12.12/SF
− Vacancy
−$341 −$0.43/SF
EGI
$9.4K $11.69/SF
− OpEx
−$2.8K −$3.51/SF
NOI
$6.5K $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%
$130,960
Cap Rate 7%
$93,543
Cap Rate 9%
$72,756
Alternative Uses
Best Use
Multifamily LT 5
$93.5K
$81.9K – $109.1K
NOI $6,548 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$84.3K
$73.7K – $98.3K
NOI $5,898 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$166.7K
$145.9K – $194.5K
NOI $11,669 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two separate residences occupy an R-2-zoned parcel with public water and sewer service.
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 $185,000.
What are key features of this property?
This property features: Two residences totaling 800 square feet, with approximately 400 square feet per home; 0.43‑acre parcel zoned R‑2; Built in 1930 with ranch‑style architecture and frame construction
