Quadplex with Detached Two-Car
For Sale
$474,900
219 Jackson St, Pueblo, CO 81004
MULTI_FAMILY - Pueblo, CO
Property Size2,782 SF
Lot Size0.22 Acres
Price / SF$170.70
Days on Market42
Property Features for 219 Jackson St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1
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
on-site laundry room
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 2
Changed: Aug 5
Last Checked: Aug 12 at 5:06AM
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 quadplex offers four occupied 1-bedroom units with leases in place through August to November. The interior includes cosmetic updates, and unit features include walk-in showers. Common amenities include a shared on-site laundry room, and the property provides a large parking lot for resident use. A detached two-car garage is also on site.
The building is set on a 0.218-acre lot at 219 Jackson St in Pueblo, CO 81004, and it is zoned R-3. Construction is frame with a composition roof. Heating is forced air with oil, and the home is served by public water and public sewer.
Additional practical details include porch and wood fencing, hardwood flooring, and in-unit appliances such as refrigerators and gas ranges. Fireplace is indicated as present, along with on-street parking and a detached garage.
The building is set on a 0.218-acre lot at 219 Jackson St in Pueblo, CO 81004, and it is zoned R-3. Construction is frame with a composition roof. Heating is forced air with oil, and the home is served by public water and public sewer.
Additional practical details include porch and wood fencing, hardwood flooring, and in-unit appliances such as refrigerators and gas ranges. Fireplace is indicated as present, along with on-street parking and a detached garage.
Key Highlights
- 0.218‑acre lot with 2,782 SF quadplex building
- Zoned R‑3 in Pueblo, CO
- Four occupied 1‑bedroom units; leases in place through August to November
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
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
668
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex in R-3 zoning with four 1-bedroom units occupied and leases in place through August to November.
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: 0.218‑acre lot with 2,782 SF quadplex building; Zoned R‑3 in Pueblo, CO; Four occupied 1‑bedroom units; leases in place through August to November
