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    Duplex with Two Private Yards Title is generated by Realmo AI

    2429 E Evans Ave, Pueblo, CO 81004

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    Claim this Listing
    For Sale
    Under Contract
    $249,900

    MULTI_FAMILY - Ranch - Pueblo, CO

    Type:Single Family Residence
    Property size:
    2,213 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $112/SF
    Added:
    May 18, 2026
    Days on Market:
    28
    Last Refresh:
    Jun 14 at 12:06 pm

    Property Features for 2429 E Evans Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R-2
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2
    Parking
    1
    Parking features
    Garage - Attached
    Window features
    Wood Frames, Single Pane Window(s), Window Coverings
    Patio and Porch features
    Porch
    Interior features
    New Paint, Accessory Dwelling
    Exterior features
    Accessory Dwelling, Outdoor Lighting-Rear, Outdoor Lighting-Front
    Fencing
    Fenced, Wood
    Fireplace
    1
    Basement
    Partially Finished
    Appliances
    Garbage Disposal-All, Refrigerator-All, Electric Range-All, Washer-Some, Dryer-Some
    Standard status
    Active Under Contract
    APN
    1513217020
    Size
    2,213 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 17 + 18 BLK 17 MINNEQUA HEIGHTS FORMERLY #,15-132-17-007 + 017
    Tax Annual Amount
    1262

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Ductless (Heating), Forced Air
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1941
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Stucco, Adobe, Copper Plumbing, Plastic Plumbing
    Roof type
    Composition, Flat
    Architectural style
    Ranch
    Additional Structures
    Guest House

    We can help!

    Listing Contact
    The All Star Team

    Listing agent The All Star Team

    Listing office The Saucedo Real Estate Group CO

    Listing date May 18, 2026

    MLS# 238552 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

    • Two move‑in‑ready homes on one lot: live in one and rent the other, or set up a multi‑gen setup
    • Front home (2429 E Evans) features refinished hardwoods, updated kitchen, fresh paint, new furnace, and evaporative cooling
    • Front home includes a large 27' x 14' lower room that can serve as a 3rd bedroom plus office or family room
    • Rear home (415 Joliet) offers 2 bed, 1 bath with 814 SF, refinished hardwoods, large kitchen, and new split heating/cooling
    • Each home has its own private yard behind 6' privacy fencing, with outdoor security lighting front and rear
    • Attached garage, porch, and both homes include range and refrigerator plus washer/dryer hook‑ups

    Overview

    This R-2 zoned duplex consists of two move-in ready residences on a single lot, each with its own private yard. The front home offers 2 to 3 bedrooms and 1 bathroom, refinished hardwoods, an updated kitchen, new furnace, evaporative cooling, and fresh paint. It also features a large 27' x 14' lower room that can serve as a third bedroom plus an office or family room. The rear home provides 2 bedrooms and 1 bathroom with refinished hardwoods, a large kitchen, and a new split heating/cooling system, along with a covered front patio.

    Both homes are separately secured and separated by 6' privacy fencing, helping keep each residence private on the shared property. The exterior includes bright security lights throughout the yard, and both homes include range and refrigerator, plus washer/dryer hookups.

    For buyers seeking flexibility, the layout supports a multi-generational arrangement—living in one home while renting the other—or maintaining both units as an income property. With multiple recent updates including new heating/cooling equipment and refreshed interiors, the homes are positioned for immediate occupancy or rental use.

    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 $26.8k $12.12
    − Vacancy −$944 −$0.43
    EGI $25.9k $11.69
    − OpEx −$7.8k −$3.51
    NOI $18.1k $8.19
    2,213 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $258.8K
    $226.4K – $301.9K (±1% cap)
    NOI $18,114 @ 7.0% cap · market cap 7.25%
    Second Best
    Apartment 5plus
    $233.1K
    $204.0K – $271.9K (±1% cap)
    NOI $16,316 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Office A
    $461.1K
    $403.5K – $538.0K (±1% cap)
    NOI $32,280 @ 7.0% cap · market cap 12.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.6150521
    Latitude
    38.2261092

    FAQs

    What type of property is this?
    Duplex - Two move-in ready homes on one lot offer an easy live-in-and-rent setup with privacy fencing and yard space.
    Where is this duplex located?
    The property is located at 2429 E Evans Ave Pueblo, CO.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Two move‑in‑ready homes on one lot: live in one and rent the other, or set up a multi‑gen setup; Front home (2429 E Evans) features refinished hardwoods, updated kitchen, fresh paint, new furnace, and evaporative cooling; Front home includes a large 27' x 14' lower room that can serve as a 3rd bedroom plus office or family room
    More about this property
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