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Three-Unit Apartment Building
New
For Sale
$120,000

481 Main St, Springfield, CO 81073

Residential Income, Springfield, CO

Property Size2,762 SF
Lot Size0.29 Acres
Price / SF$43.45
Days on Market3

Property Features for 481 Main St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2
Parking features None
Window features Double Pane Windows, Wood Frames
Patio and Porch features Porch
Interior features Ceiling Fan(s), Walk-in Shower
Exterior features Outdoor Lighting-Rear, Outdoor Lighting-Front
Fireplace 1
Basement Partial, Unfinished
Appliances Dishwasher-None, Refrigerator-All, Gas Range-Some, Electric Range-Some, Washer-None, Dryer-None
Subdivision Springfield
Lot features Lawn- Rear, Trees- Rear, Lawn- Front, Trees- Front
Elementary school RE-4
Middle school RE-4
High school RE-4
Standard status Active
APN R007878
Size 2,762 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Block 65 Lot E 100' of 8-12
Tax Annual Amount 402
Legal Description Block 65 Lot E 100' of 8-12

Utilities

Sewer type Public Sewer
Heating system Floor Furnace, Wall Furnace
Water source Public

Amenities

shared laundry hookups
off-street parking

Building Details

Year built 1926
Floors in Building 2
Number of units 3
Building materials Brick
Roof type Composition
Buildings 1
Listing Agency: Mackey Realty
Listed By: Darrell Mackey · License #EI100028208
Added: Oct 29 Last Checked: Oct 31 at 1:06AM
MLS# 240955

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,762-square-foot brick apartment property contains three residences on a 0.287-acre parcel. The main level includes a one-bedroom, one-bathroom unit and a rear one-bedroom, one-bathroom unit. Upstairs, a two-bedroom, one-bathroom residence also has a bonus room. Shared laundry hookups are located in a central common area, and each unit has kitchen appliances. The building was constructed in 1926 and has had some updates. Heating is provided by floor and wall furnaces.

The property is served by public water and public sewer. It is located in Springfield, Colorado, and is zoned R.

Key Highlights

  • Three residences in a 2,762‑square‑foot brick building
  • 0.287‑acre parcel in Springfield, Colorado
  • Unit mix: two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit with a bonus room

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 81073, CO

1,817
Population
951
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
84%
High-School Grad
639.3 sq mi
ZIP Area
3
Density / Sq Mi
$43,021
Median Household Income
$30,172
Median Earnings
$568
Median Rent
$137,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three separate residences include shared laundry hookups and kitchen appliances in each unit.
Where is this triplex located?
The property is located at 481 Main St Springfield, CO.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Three residences in a 2,762‑square‑foot brick building; 0.287‑acre parcel in Springfield, Colorado; Unit mix: two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit with a bonus room
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