Well-Maintained 4-Plex with Off-Street
616 W 10th St Pueblo, CO 81003
For Sale
$350,000
MULTI_FAMILY - Pueblo, CO
Property Size2,746 SF
Lot Size0.21 Acres
Price / SF$127.46
Days on Market50
Property Features for 616 W 10th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 8, Bedroom 5, Bedroom 1
Window features
Single Pane Window(s), Double Pane Windows
Patio and Porch features
Porch
Interior features
New Paint
Basement
Finished, Partial
Appliances
Dishwasher-Some, Refrigerator-All, Electric Range-All, Washer-All, Dryer-All
Standard status
Active
APN
0525436004
Size
2,746 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 32 FT OF LOT 5 ALL 6 BLK 45 COUNTY ADD
Tax Annual Amount
2159
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1949
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Frame, Brick
Roof type
Composition
Listing Agency:
RE/MAX Associates
(719) 583-8383
Listed By:
Mark Chorak · License #40016515
(719) 240-4733
Added: Jun 8
Changed: Jun 10
Last Checked: Jul 27 at 9:06AM
MLS# 240482
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.
Investment Insights
Based on property information with market context.
This well-kept and maintained 4-plex at 616 W 10th St offers an updated interior and an inviting exterior presentation. The property contains four residential units totaling 2,746 square feet, situated on a 0.209-acre lot. Off-street parking is available for residents.
Located on the north side in Pueblo, Colorado, the building is positioned for everyday convenience with a centralized feel described in the listing. The property is supported by established residential leasing, with 12-month leases in place.
From an operating standpoint, the unit mix is designed for straightforward management: tenants pay electric and gas, helping keep utility expense responsibility with the residents. With multiple units under current lease terms and a maintenance-forward condition, this 4-plex may appeal to buyers seeking an income-producing residential property that is already set up for tenant occupancy. Showings are encouraged for qualified buyers and brokers who want to review the updates and layout firsthand.
Located on the north side in Pueblo, Colorado, the building is positioned for everyday convenience with a centralized feel described in the listing. The property is supported by established residential leasing, with 12-month leases in place.
From an operating standpoint, the unit mix is designed for straightforward management: tenants pay electric and gas, helping keep utility expense responsibility with the residents. With multiple units under current lease terms and a maintenance-forward condition, this 4-plex may appeal to buyers seeking an income-producing residential property that is already set up for tenant occupancy. Showings are encouraged for qualified buyers and brokers who want to review the updates and layout firsthand.
Key Highlights
- Northside 4‑plex built in 1949 with frame and brick construction
- Lots of updates including new paint throughout
- Tile flooring and central natural gas heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $12.12 |
| − Vacancy | −$1.2k | −$0.43 |
| EGI | $32.1k | $11.69 |
| − OpEx | −$9.6k | −$3.51 |
| NOI | $22.5k | $8.19 |
2,746 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.4K
NOI $20,246 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$572.2K
$500.7K – $667.6K
NOI $40,055 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property with off-street parking and tenants paying electric and gas.
Where is this quadplex located?
The property is located at 616 W 10th St Pueblo, CO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Northside 4‑plex built in 1949 with frame and brick construction; Lots of updates including new paint throughout; Tile flooring and central natural gas heating
