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Two-Unit Duplex Investment

3223-3225 Baltimore Ave Pueblo, CO 81008

New
3223-3225 Baltimore Ave, Pueblo, CO, 81008
$259,900
For Sale
$259,900

MULTI_FAMILY - Pueblo, CO

Property Size1,673 SF
Lot Size0.14 Acres
Price / SF$155.35
Days on Market2

Property Features for 3223-3225 Baltimore Ave

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
2
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2
Parking features
None
Window features
Single Pane Window(s)
Fencing
Fenced
Fireplace
1
Appliances
Refrigerator-Some, Electric Range-Some
Standard status
Active
APN
0514424024
Size
1,673 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT 6 BLK 20 COUNTRY CLUB HEIGHTS 8TH
Tax Annual Amount
1059

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1970
Floors in Building
2
Number of units
2
Building materials
Frame, Copper Plumbing
Roof type
Composition
Listing agency RE/MAX Of Pueblo Inc
Listed by Jim Valdez Sales Team
Added: Jul 20 Checked: Jul 21 at 8:06AM
MLS# 241257

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 well-kept duplex includes two units, with each unit offering 2 bedrooms, 1 bathroom, a kitchen, and a comfortable living room. The property is described as being in good condition and designed to be low maintenance.

Located in Pueblo, Colorado, the duplex sits on a lot size of 0.14 acres. The listing provides an address of 3223-3225 Baltimore Ave, Pueblo, CO 81008.

With two residential units in place, the property offers straightforward duplex configuration and flexibility for future use as described in the remarks.

Key Highlights

  • Duplex with 2 units, each featuring 2 bedrooms and 1 bathroom
  • Each unit includes a kitchen and a comfortable living room layout
  • Year built 1970 with frame construction and copper plumbing

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 $20.3k $12.12
− Vacancy −$714 −$0.43
EGI $19.6k $11.69
− OpEx −$5.9k −$3.51
NOI $13.7k $8.19
1,673 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$195.6K
$171.2K – $228.2K (±1% cap)
NOI $13,694 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$176.2K
$154.2K – $205.6K (±1% cap)
NOI $12,335 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,403 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon HVAC Service Storage Facility Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Duplex - Well-kept two-unit duplex with each side offering 2 bedrooms and 1 bathroom with kitchen and living room.
Where is this duplex located?
The property is located at 3223-3225 Baltimore Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Duplex with 2 units, each featuring 2 bedrooms and 1 bathroom; Each unit includes a kitchen and a comfortable living room layout; Year built 1970 with frame construction and copper plumbing
Contact an agent
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