Four-Unit Multifamily
For Sale
Contact for pricing
2006 E SEVENTH ST, Pueblo, CO 81001
Multifamily building with a varied one- and two-bedroom unit mix in an established residential setting.
Property Size2,166 SF
Price / SF$138.04
Days on Market53
Property Features for 2006 E SEVENTH ST
General Information
Standard status
Active
Size
2,166 SF
Class
C
Property subtype
Multifamily
Zoning
R-2
Occupancy
100%
Building Details
Year Built
1952
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Keller Williams Performance Realty
Listed By:
Stephen Henson, CCIM · License #CO FA100036809
(719) 251-7055
Source:
Crexi
Added: Aug 27
Changed: Oct 3
Last Checked: Oct 16 at 7:30AM
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
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Investment Insights
Based on property information with market context.
This R-2 multifamily property contains four residential units within approximately 2,166 square feet of living area. The configuration includes three one-bedroom, one-bath residences and one two-bedroom, one-bath residence, offering a compact mix of floor plans within a single asset. The building was constructed in 1952.
Positioned on Pueblo’s East Side, the property is near shopping, schools, and major roadways. Its four-unit format and range of bedroom counts support use as a small-scale residential income property, subject to applicable zoning and property requirements.
Positioned on Pueblo’s East Side, the property is near shopping, schools, and major roadways. Its four-unit format and range of bedroom counts support use as a small-scale residential income property, subject to applicable zoning and property requirements.
Key Highlights
- Four‑unit multifamily property with approximately 2,166 square feet of living space
- Unit mix includes three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
- R‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,729
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,580
$354.6K
Cap Rate 7%
$253,271
$253.3K
Cap Rate 9%
$196,989
$197.0K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$26.3K $12.12/SF
− Vacancy
−$924 −$0.43/SF
EGI
$25.3K $11.69/SF
− OpEx
−$7.6K −$3.51/SF
NOI
$17.7K $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%
$354,580
Cap Rate 7%
$253,271
Cap Rate 9%
$196,989
Alternative Uses
Best Use
Multifamily LT 5
$253.3K
$221.6K – $295.5K
NOI $17,729 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$228.1K
$199.6K – $266.2K
NOI $15,969 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$451.4K
$394.9K – $526.6K
NOI $31,595 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
169
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily building with a varied one- and two-bedroom unit mix in an established residential setting.
Where is this quadplex located?
The property is located at 2006 E SEVENTH ST Pueblo, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit multifamily property with approximately 2,166 square feet of living space; Unit mix includes three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; R‑2 zoning
