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Two-Unit Duplex with Fenced Yard
For Sale
$259,900

3223-3225 Baltimore Ave, Pueblo, CO 81008

Residential Income, Pueblo, CO

Property Size1,673 SF
Lot Size0.14 Acres
Price / SF$155.35
Days on Market98

Property Features for 3223-3225 Baltimore Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 1
Parking features None
Window features Single Pane Window(s)
Fencing Fenced
Fireplace 1
Appliances Refrigerator-Some, Electric Range-Some
Subdivision Northside/Avenues
Elementary school 60
Middle school 60
High school 60
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
Legal Description LOT 6 BLK 20 COUNTRY CLUB HEIGHTS 8TH

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 · RE/MAX International
Listed By: Jim Valdez Sales Team
Added: Jul 20 Changed: Sep 22 Last Checked: Oct 25 at 10:06PM
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.

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Investment Insights

Based on property information with market context.

This 1,673-square-foot duplex at 3223-3225 Baltimore Ave in Pueblo contains two residential units. Each unit includes 2 bedrooms, 1 bathroom, a kitchen, and a living room. The property was built in 1970 and features frame construction, copper plumbing, composition roofing, and a fireplace. Natural gas forced-air heating serves the building.

The 0.14-acre parcel is fenced and connected to public water and public sewer. Appliances include some refrigerators and electric ranges. The property has no designated parking features. R-2 zoning applies to the site.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • 1,673 square feet on a 0.14‑acre parcel
  • R‑2 zoning with public water and public sewer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,694
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,880 $273.9K
Cap Rate 7%
$195,629 $195.6K
Cap Rate 9%
$152,156 $152.2K
Market Conditions
NOI Build-Up for 1,673 SF
Gross rent
$20.3K $12.12/SF
− Vacancy
−$714 −$0.43/SF
EGI
$19.6K $11.69/SF
− OpEx
−$5.9K −$3.51/SF
NOI
$13.7K $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 Rate 5%
$273,880
Cap Rate 7%
$195,629
Cap Rate 9%
$152,156

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 authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 81008, CO

11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - R-2-zoned duplex with public water and sewer service.
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: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1,673 square feet on a 0.14‑acre parcel; R‑2 zoning with public water and public sewer
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