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Duplex With Attached Garages

357 W Spaulding Ave S, Pueblo West, CO 81007

For Sale
$449,500

Residential Income, Pueblo West, CO

Property Size2,028 SF
Lot Size0.28 Acres
Price / SF$221.65
Days on Market47

Property Features for 357 W Spaulding Ave S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1
Parking 4
Parking features Garage - Attached, Open
Window features Vinyl Frames
Patio and Porch features Porch, Patio
Interior features Ceiling Fan(s)
Fencing Wood
Appliances Dishwasher-All, Garbage Disposal-All, Refrigerator-All, Electric Range-All
Subdivision Pueblo West Acreage
Elementary school District 70
Middle school District 70
High school District 70
Standard status Active
APN 0615119015
Size 2,028 SF
Lot size 0.28 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4 BLK 15 TR 339 PUEBLO WEST
Tax Annual Amount 2390
Legal Description LOT 4 BLK 15 TR 339 PUEBLO WEST

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1999
Number of units 2
Building materials Frame, Stucco, Copper Plumbing, Plastic Plumbing
Roof type Composition
Architectural style Ranch
Buildings 1
Listing Agency: Pink Realty
Listed By: Julie Batulis · License #EA.100078183
Added: Sep 22 Changed: Oct 31 Last Checked: Nov 7 at 11:06AM
MLS# 236823

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.

Built in 1999, this ranch-style duplex contains approximately 2,028 square feet across two units. Each side includes 2 bedrooms, 1 bathroom, comfortable living areas, a patio or porch, and an attached 2-car garage. Interior features include ceiling fans, forced-air heat, and wall-unit cooling, while the kitchens are equipped with dishwashers, garbage disposals, refrigerators, and electric ranges.

Both units are occupied by month-to-month tenants, providing an existing rental arrangement with flexibility for future ownership plans. The property sits on 0.282 acres in Pueblo West and is served by public water. Additional physical features include frame and stucco construction, copper and plastic plumbing, composition roofing, wood fencing, and open parking. Zoning is R-3.

Key Highlights

  • Two‑unit duplex totaling approximately 2,028 square feet
  • Each unit offers 2 bedrooms and 1 bathroom
  • Attached 2‑car garage provided for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,541
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,820 $330.8K
Cap Rate 7%
$236,300 $236.3K
Cap Rate 9%
$183,789 $183.8K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$24.3K $12.00/SF
− Vacancy
−$706 −$0.35/SF
EGI
$23.6K $11.65/SF
− OpEx
−$7.1K −$3.50/SF
NOI
$16.5K $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%
$330,820
Cap Rate 7%
$236,300
Cap Rate 9%
$183,789

Alternative Uses

Best Use
Multifamily LT 5
$236.3K
$206.8K – $275.7K (±1% cap)
NOI $16,541 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$198.0K
$173.3K – $231.0K (±1% cap)
NOI $13,862 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$422.6K
$369.8K – $493.0K (±1% cap)
NOI $29,582 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

63
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Pueblo West, CO

$188 Jul
$170 Aug
$160 Sep
$156 Oct

Properties on Market for Duplexes in Pueblo West

Jul
Aug
Sep
Oct

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 - Ranch-style duplex with two occupied units, individual garages, and flexible month-to-month tenancy.
Where is this duplex located?
The property is located at 357 W Spaulding Ave S Pueblo West, CO.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: Two‑unit duplex totaling approximately 2,028 square feet; Each unit offers 2 bedrooms and 1 bathroom; Attached 2‑car garage provided for each unit
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