Remodeled Duplex With Two
3227-3229 Baltimore Ave Pueblo, CO 81008
For Sale
$450,000
Fully remodeled duplex offers two units with three bedrooms, updated bathrooms, and one-car attached garages.
Property Size3,010 SF
Price / SF$149.50
Days on Market78
Property Features for 3227-3229 Baltimore Ave
General Information
- Standard status
- Active
- Size
- 3,010 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing Agency:
CB Realty
(719) 232-4515
Listed By:
John Chudzinski · License #FA100089558
(719) 232-4515
Source:
Exitrealty
Added: May 8
Changed: Jul 23
Last Checked: Jul 24 at 9:30AM
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 CB Realty
Investment Insights
Based on property information with market context.
This fully remodeled duplex features two separate units, each arranged with three bedrooms and two updated bathrooms. The property includes a one-car attached garage for each unit, creating a more independent, standalone feel. Outside, there is a split backyard layout designed to provide separate outdoor space for each residence.
The duplex is located in the established Country Club area of Pueblo. One unit is currently vacant, while the other unit has an existing lease.
As presented, the property offers a straightforward two-unit residential income configuration with recent interior updates and dedicated garage space for both units.
The duplex is located in the established Country Club area of Pueblo. One unit is currently vacant, while the other unit has an existing lease.
As presented, the property offers a straightforward two-unit residential income configuration with recent interior updates and dedicated garage space for both units.
Key Highlights
- Fully remodeled duplex built in 1972 with two units, each offering 3 bedrooms and 2 updated bathrooms
- Each unit includes a one‑car attached garage
- Split backyard setup provides two distinct outdoor spaces—one for each unit
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 | $36.5k | $12.12 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $35.2k | $11.69 |
| − OpEx | −$10.6k | −$3.51 |
| NOI | $24.6k | $8.19 |
3,010 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.0K
$308.0K – $410.6K
NOI $24,638 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$317.0K
$277.4K – $369.9K
NOI $22,192 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$627.2K
$548.8K – $731.8K
NOI $43,906 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully remodeled duplex offers two units with three bedrooms, updated bathrooms, and one-car attached garages.
Where is this duplex located?
The property is located at 3227-3229 Baltimore Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully remodeled duplex built in 1972 with two units, each offering 3 bedrooms and 2 updated bathrooms; Each unit includes a one‑car attached garage; Split backyard setup provides two distinct outdoor spaces—one for each unit
