Duplex with Laundry
For Sale
$214,900
2108 W 19th St, Pueblo, CO 81003
Residential Income, Pueblo, CO
Property Size1,156 SF
Lot Size0.14 Acres
Price / SF$185.90
Days on Market49
Property Features for 2108 W 19th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
None
Window features
Double Pane Windows, Window Coverings
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Walk-In Closet(s)
Fencing
Wood
Appliances
Refrigerator-Some, Electric Range-Some, Washer-Some, Dryer-Some
Subdivision
Westside
Lot features
Trees- Rear
Elementary school
Pueblo-60
Middle school
Pueblo-60
High school
Pueblo-60
Standard status
Active
APN
526223004
Size
1,156 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 11 & 12 BLK 70 ROSEDALE SUB
Tax Annual Amount
1026
Legal Description
LOTS 11 & 12 BLK 70 ROSEDALE SUB
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air
Cooling system
Wall Unit(s)
Water source
Public
Amenities
walk-in closets
ceiling fans
in-unit laundry hookups
Building Details
Year built
1951
Number of units
2
Building materials
Stucco, Wood Siding, Copper Plumbing
Roof type
Rubber, Flat
Architectural style
Ranch
Listing Agency:
HomeSmart
(303) 858-8100
Listed By:
Jose Medina
(719) 302-0602
Added: Jul 12
Changed: Aug 25
Last Checked: Aug 29 at 11:06PM
MLS# 238577
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 ranch-style duplex contains 1,156 square feet across two mirrored residences. Each unit includes one bedroom, one full bathroom, a walk-in closet, ceiling fan, and hookups for in-unit laundry. Select appliances include refrigerators, electric ranges, washers, and dryers. The building has stucco and wood siding, a flat rubber roof, forced-air and baseboard heating, and wall-unit cooling.
Set on a 0.138-acre lot at 2108 W 19th St in Pueblo, the property is near Pueblo Community College, schools, and parks. Public water and sewer serve the site, while a porch and wood fencing add to the exterior features. The property was built in 1951 and is zoned R-4.
Set on a 0.138-acre lot at 2108 W 19th St in Pueblo, the property is near Pueblo Community College, schools, and parks. Public water and sewer serve the site, while a porch and wood fencing add to the exterior features. The property was built in 1951 and is zoned R-4.
Key Highlights
- Two one‑bedroom, one‑bathroom units within a 1,156‑square‑foot duplex
- 0.138‑acre lot at 2108 W 19th St, Pueblo, CO 81003
- R‑4 zoning with public water and public sewer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,462
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$189,240
$189.2K
Cap Rate 7%
$135,171
$135.2K
Cap Rate 9%
$105,133
$105.1K
Market Conditions
NOI Build-Up for 1,156 SF
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.
Gross rent
$14.0K $12.12/SF
− Vacancy
−$493 −$0.43/SF
EGI
$13.5K $11.69/SF
− OpEx
−$4.1K −$3.51/SF
NOI
$9.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$189,240
Cap Rate 7%
$135,171
Cap Rate 9%
$105,133
Alternative Uses
Best Use
Multifamily LT 5
$135.2K
$118.3K – $157.7K
NOI $9,462 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$121.8K
$106.5K – $142.1K
NOI $8,523 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$240.9K
$210.8K – $281.0K
NOI $16,862 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
91
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R-4-zoned duplex with two one-bedroom units, stucco siding, and separate laundry hookups.
Where is this duplex located?
The property is located at 2108 W 19th St Pueblo, CO.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units within a 1,156‑square‑foot duplex; 0.138‑acre lot at 2108 W 19th St, Pueblo, CO 81003; R‑4 zoning with public water and public sewer
