Six-Unit Apartment
57 E Red Creek Springs Rd, Pueblo, CO 81005
For Sale
New
$575,000
Residential Income, Pueblo, CO
Property Size5,376 SF
Lot Size0.28 Acres
Price / SF$106.96
Days on Market5
Property Features for 57 E Red Creek Springs Rd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit laundry
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
RE/MAX Associates · RE/MAX International
(719) 583-8383
Listed By:
Brett Housman · License CO #100040768
(719) 553-7790
Added: Nov 9
Last Checked: Nov 13 at 4:06AM
MLS# 243156
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 six-unit apartment property contains 5,376 square feet on a 0.28-acre parcel. Each apartment is configured with two bedrooms and one bathroom, with laundry facilities inside the unit. The building dates to 1976 and has R-4 zoning.
All units are occupied under month-to-month agreements. On-site parking is available, and the property is served by public water and sewer.
All units are occupied under month-to-month agreements. On-site parking is available, and the property is served by public water and sewer.
Key Highlights
- Six apartments, each with 2 bedrooms and 1 bathroom
- 5,376 square feet of building area on 0.28 acres
- Each residence is nearly 900 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,636
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,720
$792.7K
Cap Rate 7%
$566,229
$566.2K
Cap Rate 9%
$440,400
$440.4K
Market Conditions
NOI Build-Up for 5,376 SF
Gross rent
$74.8K $13.92/SF
− Vacancy
−$2.8K −$0.52/SF
EGI
$72.1K $13.40/SF
− OpEx
−$32.4K −$6.03/SF
NOI
$39.6K $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%
$792,720
Cap Rate 7%
$566,229
Cap Rate 9%
$440,400
Alternative Uses
Best Use
Apartment 5plus
$566.2K
$495.5K – $660.6K
NOI $39,636 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$980.2K – $1.31M
NOI $78,418 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 81005, CO
31,327
Population
13,578
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
198.7 sq mi
ZIP Area
158
Density / Sq Mi
$67,500
Median Household Income
$45,198
Median Earnings
$990
Median Rent
$282,100
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Pueblo, CO
Properties on Market for Apartment buildings in Pueblo
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has a two-bedroom layout, an in-unit laundry area, and on-site parking.
Where is this apartment building located?
The property is located at 57 E Red Creek Springs Rd Pueblo, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 bathroom; 5,376 square feet of building area on 0.28 acres; Each residence is nearly 900 square feet
