Pueblo West Duplex Investment
223 W Harmony Dr, Pueblo West, CO 81007
MULTI_FAMILY - Ranch - Pueblo West, CO
Type:Single Family Residence
Property size:
3,290 SFLot size:
0.23 AcresPrice / SF:
$158/SF- Added:
- Apr 22, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 223 W Harmony Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R-3
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking
- 2
- Parking features
- Open, Garage - Attached
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Patio
- Interior features
- New Paint, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower
- Fireplace
- 1
- Basement
- Crawl Space
- Appliances
- Dishwasher-All, Refrigerator-All, Electric Range-All, Microwave Built-In-All
- Standard status
- Active
- APN
- 614303001
- Size
- 3,290 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 3 BLK2 TR348 PUBELO WEST
- Tax Annual Amount
- 3293
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 2024
- Number of units
- 2
- Building materials
- Frame, Stucco, Copper Plumbing, Plastic Plumbing
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Gerald Burns (719) 553-9387
Listing office Tri-County Realty CO (719) 553-9387
Listing date Apr 22, 2026
MLS# 238490
Listing URL
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.
HighLights
- 2024‑built ranch‑style property with forced air natural gas heating
- Duplex setup: each side offers 1,385 sq ft of living space plus a 260 sq ft garage for the unit
- Interior features include vaulted ceilings and walk‑in closets; walk‑in shower included
- Kitchen and appliances: dishwasher, refrigerator, electric range, and built‑in microwave; granite countertops
- Bathrooms feature ceramic tile; flooring includes luxury vinyl plank in the great room and carpet in bedrooms
- Fireplace present; attached garage and patio included
Overview
This multifamily property in Pueblo West, Colorado, presents a great investment opportunity. The property consists of a duplex, with each unit offering 1385 square feet of living space. Each unit also includes a 260 square foot garage. The units feature stainless steel kitchen refrigerators, electric ranges, and dishwashers. Granite countertops and ceramic tile are installed in both bathrooms. The great room features luxury vinyl plank flooring, while the bedrooms are carpeted. The property is located on a lot of 0.234 acres. The total property size is 3290 square feet. Zoned R-3, this residential income property offers flexibility for various investment strategies.
Local 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 | $39.5k | $12.00 |
| − Vacancy | −$1.1k | −$0.35 |
| EGI | $38.3k | $11.65 |
| − OpEx | −$11.5k | −$3.50 |
| NOI | $26.8k | $8.16 |
3,290 SF · lease $12.00/SF/yr · vacancy 2.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$383.4K
$335.4K – $447.3K
NOI $26,835 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$321.3K
$281.1K – $374.8K
NOI $22,488 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$685.6K
$599.9K – $799.8K
NOI $47,990 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pueblo West
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.7493537
- Latitude
- 38.3091352
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Pueblo West, Colorado, ideal for investment or owner-occupancy.
Where is this duplex located?
The property is located at 223 W Harmony Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: 2024‑built ranch‑style property with forced air natural gas heating; Duplex setup: each side offers 1,385 sq ft of living space plus a 260 sq ft garage for the unit; Interior features include vaulted ceilings and walk‑in closets; walk‑in shower included
