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Furnished Duplex Residential Income
New
For Sale
$420,000

219 W Harmony Drive 221, Pueblo, CO 81007

Each side of this duplex includes two bedrooms, a full bathroom, a kitchen with dining area, and in-unit washer/dryer.

Property Size2,008 SF
Price / SF$209.16
Days on Market7

Property Features for 219 W Harmony Drive 221

General Information

Standard status Active
Size 2,008 SF
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Furnished Yes
Multifamily Units 2

Building Details

Year Built 1997
Listing Agency: Keller Williams Performance Realty
Listed By: Amber Galassini · License #100092855
Source: Exitrealty
Added: Jul 25 Changed: Jul 27 Last Checked: Jul 30 at 8:11AM

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

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two residential units, each with a living room, a fully equipped kitchen with a dining area, two bedrooms, and one full bathroom. Both units also include their own washer and dryer. Outside, each side provides a private one-car garage for secure parking and additional storage.

The property is presented as move-in or rental-ready and is being sold fully furnished, with everything staying. The duplex is offered for sale as a residential income property with successful rental operation on both sides.

Each unit’s layout is designed for day-to-day convenience, pairing core living and dining space with in-unit laundry and an attached private garage.

Key Highlights

  • Duplex built in 1997 with both sides operating as rentals
  • Each unit features 2 bedrooms and 1 full bathroom
  • Each side includes a kitchen with a dining area and a living room

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $24.3k $12.12
− Vacancy −$857 −$0.43
EGI $23.5k $11.69
− OpEx −$7.0k −$3.51
NOI $16.4k $8.19
2,008 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$234.8K
$205.5K – $273.9K (±1% cap)
NOI $16,436 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$211.5K
$185.1K – $246.7K (±1% cap)
NOI $14,804 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$418.4K
$366.1K – $488.2K (±1% cap)
NOI $29,290 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Repair Shop Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 81007, CO

33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each side of this duplex includes two bedrooms, a full bathroom, a kitchen with dining area, and in-unit washer/dryer.
Where is this duplex located?
The property is located at 219 W Harmony Drive 221 Pueblo, CO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Duplex built in 1997 with both sides operating as rentals; Each unit features 2 bedrooms and 1 full bathroom; Each side includes a kitchen with a dining area and a living room
More about this property
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