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Side-by-Side Duplex with Garages
For Sale
$485,000

349-351 East Stardust Drive, Pueblo West, CO 81007

Separate gas and electric meters serve each residence, with one unit vacant and the other tenant occupied.

Property Size4,330 SF
Price / SF$112.01
Days on Market57

Property Features for 349-351 East Stardust Drive

General Information

Standard status Active
Size 4,330 SF
Total Parking Spaces 4
Property subtype Residential Income / Duplex
Zoning R-3

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Individually Metered Utilities electricity, gas

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,930

Amenities

private fenced backyards
covered rear patios
front courtyard spaces
mature shade tree
established front lawn
No
Forced Air, Natural Gas
Full
Dishwasher, Electric Range, Disposal, Range, Washer
Yes
Gas
4
6
Double Pane Windows
In Unit, Washer Hookup
Vaulted Ceiling(s), Walk-In Closet(s)
Gas Log
Wood
Covered, Patio

Building Details

Year Built 1996
Buildings 1
Construction ranch style
Listing Agency: Real Broker, LLC DBA REAL
Listed By: Robert Davis · License #FA100104358
Source: Compass
Added: Sep 11 Changed: Nov 1 Last Checked: Nov 4 at 3:12PM

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 Real Broker, LLC DBA REAL

Rey
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Investment Insights

Based on property information with market context.

This 4,330-square-foot duplex in Pueblo West has two side-by-side ranch-style residences. Each offers 3 bedrooms, 2 bathrooms, an attached 2-car garage, and a full basement that is partially finished. Interior features include vaulted ceilings, walk-in closets, a kitchen with a breakfast bar and adjoining dining area, and in-unit laundry hookups. Each residence also has a fenced backyard and covered patio.

The property is zoned R-3 and was built in 1996. Separate gas and electric meters serve the units. One residence is vacant; the other is tenant occupied with approximately six months remaining on its lease.

Key Highlights

  • 4,330‑square‑foot duplex with two side‑by‑side residences
  • Each unit has 3 bedrooms, 2 bathrooms, and an attached 2‑car garage
  • Full, partially finished basement in each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,317
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,340 $706.3K
Cap Rate 7%
$504,529 $504.5K
Cap Rate 9%
$392,411 $392.4K
Market Conditions
NOI Build-Up for 4,330 SF
Gross rent
$52.0K $12.00/SF
− Vacancy
−$1.5K −$0.35/SF
EGI
$50.5K $11.65/SF
− OpEx
−$15.1K −$3.50/SF
NOI
$35.3K $8.16/SF
Area
Pueblo County, CO
Vacancy
2.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,340
Cap Rate 7%
$504,529
Cap Rate 9%
$392,411

Alternative Uses

Best Use
Multifamily LT 5
$504.5K
$441.5K – $588.6K (±1% cap)
NOI $35,317 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$422.8K
$370.0K – $493.3K (±1% cap)
NOI $29,596 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$902.3K
$789.5K – $1.05M (±1% cap)
NOI $63,160 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 81007, CO

33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value

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 - Separate gas and electric meters serve each residence, with one unit vacant and the other tenant occupied.
Where is this duplex located?
The property is located at 349-351 East Stardust Drive Pueblo West, CO.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 4,330‑square‑foot duplex with two side‑by‑side residences; Each unit has 3 bedrooms, 2 bathrooms, and an attached 2‑car garage; Full, partially finished basement in each residence
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