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Six-Unit Apartment Building
For Sale
$595,000

520 W 11th St, Pueblo, CO 81001

Residential Income, Pueblo, CO

Property Size3,456 SF
Lot Size0.12 Acres
Price / SF$172.16
Days on Market163

Property Features for 520 W 11th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 10, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 2
Parking features None
Window features Single Pane Window(s)
Patio and Porch features Porch
Basement Finished, Full, Walk-Out Access
Appliances Refrigerator-All, Electric Range-All
Subdivision Northside/Avenues
Lot features Lawn- Front, Trees- Front
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0525432005
Size 3,456 SF
Lot size 0.12 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 6 BLK 35 COUNTY ADD
Tax Annual Amount 948
Legal Description LOT 6 BLK 35 COUNTY ADD

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1929
Floors in Building 3
Number of units 6
Building materials Stucco
Roof type Rolled Hot Mop
Listing Agency: Rocky Mountain Realty
Listed By: Shawn Martinez · License #FA40004934
Added: May 22 Changed: Oct 28 Last Checked: Oct 31 at 5:06AM
MLS# 234416

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 3,456-square-foot apartment property includes six units with updated interiors and a fully leased occupancy profile. Built in 1929, the building features stucco construction, rolled hot-mop roofing, forced-air natural gas heating, central air conditioning, and porch areas. Unit appliances include refrigerators and electric ranges.

Located at 520 W 11th St in Pueblo, the property is near Parkview Hospital, downtown, shopping, and restaurants. The site encompasses 0.12 acres and is served by public water and public sewer. R-5 zoning supports the property's apartment configuration.

Key Highlights

  • Six fully leased apartment units
  • 3,456 square feet on 0.12 acres
  • R‑5 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,480
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,600 $509.6K
Cap Rate 7%
$364,000 $364.0K
Cap Rate 9%
$283,111 $283.1K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$48.1K $13.92/SF
− Vacancy
−$1.8K −$0.52/SF
EGI
$46.3K $13.40/SF
− OpEx
−$20.8K −$6.03/SF
NOI
$25.5K $7.37/SF
Area
Pueblo, CO
Vacancy
3.70%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,600
Cap Rate 7%
$364,000
Cap Rate 9%
$283,111

Alternative Uses

Best Use
Apartment 5plus
$364.0K
$318.5K – $424.7K (±1% cap)
NOI $25,480 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$720.2K
$630.1K – $840.2K (±1% cap)
NOI $50,411 @ 7.0% cap · market cap 8.47%
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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,596
Businesses Nearby

Demographics for 81001, CO

31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
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?
Apartment building - Six leased units with updated interiors, public utilities, central air, and convenient access to downtown Pueblo and Parkview Hospital.
Where is this apartment building located?
The property is located at 520 W 11th St Pueblo, CO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Six fully leased apartment units; 3,456 square feet on 0.12 acres; R‑5 zoning
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