Eight-Unit Apartment
203 - 207 W 14th St, Pueblo, CO 81003
For Sale
$815,000
Residential Income, Pueblo, CO
Property Size6,624 SF
Lot Size1.37 Acres
Price / SF$123.04
Days on Market56
Property Features for 203 - 207 W 14th St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Interior features
Basement
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
shared laundry facilities
storage shed
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Advantage
(303) 986-4300
Listed By:
The Top Shelf Team · License CO EB00275181
(719) 289-6494
Added: Sep 19
Changed: Nov 9
Last Checked: Nov 13 at 4:06AM
MLS# 242349
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.
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Investment Insights
Based on property information with market context.
Two adjacent apartment buildings contain eight rental units across 6,624 square feet. Built in 1928, the property occupies 1.366 acres and includes shared laundry in one building, a rear storage shed, porches, and parking behind the buildings, with additional street parking in front. Interior updates include new paint and floor coverings; the listed appliances vary by unit. The property is zoned B-4.
The buildings are next to Mineral Palace Park at 203–207 W. 14th Street in Pueblo. UCHealth Parkview Medical Center, downtown Pueblo, shopping, dining, and I-25 access are also identified nearby. Existing leases include month-to-month agreements, and several tenants have occupied units for more than 10 years.
The buildings are next to Mineral Palace Park at 203–207 W. 14th Street in Pueblo. UCHealth Parkview Medical Center, downtown Pueblo, shopping, dining, and I-25 access are also identified nearby. Existing leases include month-to-month agreements, and several tenants have occupied units for more than 10 years.
Key Highlights
- Eight rental units in two adjacent fourplex buildings
- 6,624 square feet on 1.366 acres
- Built in 1928; zoned B‑4
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,837
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,740
$976.7K
Cap Rate 7%
$697,671
$697.7K
Cap Rate 9%
$542,633
$542.6K
Market Conditions
NOI Build-Up for 6,624 SF
Gross rent
$92.2K $13.92/SF
− Vacancy
−$3.4K −$0.52/SF
EGI
$88.8K $13.40/SF
− OpEx
−$40.0K −$6.03/SF
NOI
$48.8K $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 Rate 5%
$976,740
Cap Rate 7%
$697,671
Cap Rate 9%
$542,633
Alternative Uses
Best Use
Apartment 5plus
$697.7K
$610.5K – $814.0K
NOI $48,837 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,622 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,566
Businesses Nearby
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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
$178,600
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Pueblo, CO
Properties on Market for Apartment buildings in Pueblo
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two neighboring residential buildings share tenant laundry and sit beside Mineral Palace Park.
Where is this apartment building located?
The property is located at 203 - 207 W 14th St Pueblo, CO.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Eight rental units in two adjacent fourplex buildings; 6,624 square feet on 1.366 acres; Built in 1928; zoned B‑4
