Quadplex with Detached
For Sale
$474,900
219 Jackson St, Pueblo, CO 81004
Residential Income, Pueblo, CO
Property Size2,782 SF
Lot Size0.22 Acres
Price / SF$170.70
Days on Market78
Property Features for 219 Jackson St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking
2
Parking features
Garage - Detached, On Street
Window features
Double Pane Windows, Single Pane Window(s)
Patio and Porch features
Porch
Interior features
Walk-in Shower
Fencing
Wood
Fireplace
1
Basement
Crawl Space
Appliances
Refrigerator-All, Gas Range-All
Subdivision
Central High School
Lot features
Lawn- Front
Elementary school
Pueblo City 60
Middle school
Pueblo City 60
High school
Pueblo City 60
Standard status
Active
APN
535416015
Size
2,782 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 21 + 22 BLK 95 SOUTH PUEBLO
Tax Annual Amount
2770
Legal Description
LOTS 21 + 22 BLK 95 SOUTH PUEBLO
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Oil
Water source
Public
Amenities
shared on-site laundry room
large parking lot
detached 2-car garage
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Frame
Roof type
Composition
Listing Agency:
Atlas Real Estate
(720) 220-8500
Listed By:
Andrew Guterman
(310) 991-6277
Added: Jul 12
Changed: Sep 17
Last Checked: Sep 27 at 1:06PM
MLS# 238432
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 Pueblo quadplex contains four one-bedroom units within a 2,782-square-foot residential income property. All units are occupied, with leases extending through August-November. Interior features include hardwood flooring, walk-in showers, gas ranges, refrigerators, forced-air and oil heating, and fireplaces. The building was constructed in 1900 and has a frame exterior, composition roof, wood fencing, and a porch.
The 0.218-acre property includes a large parking area, on-street parking, and a detached 2-car garage. Residents share an on-site laundry room, while the garage provides a separate space that may support additional rental income. Public water and public sewer serve the property, which is zoned R-3. Current rents include utilities paid by the owner, and the property is reported at a 6%+ cap rate.
The 0.218-acre property includes a large parking area, on-street parking, and a detached 2-car garage. Residents share an on-site laundry room, while the garage provides a separate space that may support additional rental income. Public water and public sewer serve the property, which is zoned R-3. Current rents include utilities paid by the owner, and the property is reported at a 6%+ cap rate.
Key Highlights
- Four 1‑bedroom units; all are occupied with leases through August‑November
- 2,782‑square‑foot quadplex on 0.218 acres
- Detached 2‑car garage with potential for separate rental use
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
$22,772
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
4.80%
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%
$455,440
$455.4K
Cap Rate 7%
$325,314
$325.3K
Cap Rate 9%
$253,022
$253.0K
Market Conditions
NOI Build-Up for 2,782 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
$33.7K $12.12/SF
− Vacancy
−$1.2K −$0.43/SF
EGI
$32.5K $11.69/SF
− OpEx
−$9.8K −$3.51/SF
NOI
$22.8K $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%
$455,440
Cap Rate 7%
$325,314
Cap Rate 9%
$253,022
Alternative Uses
Best Use
Multifamily LT 5
$325.3K
$284.7K – $379.5K
NOI $22,772 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$293.0K
$256.4K – $341.9K
NOI $20,511 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$579.7K
$507.3K – $676.3K
NOI $40,580 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
Explore this area
Business Placement
Demographics for 81004, CO
26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
Median Home Value
Check the figures for this property
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?
Quadplex - Four leased residences include shared laundry, resident parking, and a detached garage for additional rental use.
Where is this quadplex located?
The property is located at 219 Jackson St Pueblo, CO.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Four 1‑bedroom units; all are occupied with leases through August‑November; 2,782‑square‑foot quadplex on 0.218 acres; Detached 2‑car garage with potential for separate rental use
