4-Unit Quadplex with New
For Sale
$319,900
616 W 10th St, Pueblo, CO 81003
Residential Income, Pueblo, CO
Property Size2,746 SF
Lot Size0.21 Acres
Price / SF$116.50
Days on Market139
Property Features for 616 W 10th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-5
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 5, Bedroom 8, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6
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
Subdivision
Northside/Avenues
Lot features
Lawn- Front, Trees- Front
Elementary school
60
Middle school
60
High school
60
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
Legal Description
W 32 FT OF LOT 5 ALL 6 BLK 45 COUNTY ADD
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 · RE/MAX International
(719) 583-8383
Listed By:
Mark Chorak
(719) 240-4733
Added: Jun 10
Changed: Oct 18
Last Checked: Oct 26 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This 4-unit residential property contains 2,746 square feet on a 0.209-acre lot. Built in 1949, the building has a new roof, frame and brick construction, and a porch. Interior features include new paint and tile flooring; appliances include refrigerators, electric ranges, washers, dryers, and some dishwashers. Public water and sewer serve the property, and zoning is R-5.
All four units have 12-month leases in place. Tenants pay their own gas and electric, and off-street parking is available.
All four units have 12-month leases in place. Tenants pay their own gas and electric, and off-street parking is available.
Key Highlights
- Four‑unit residential property with 2,746 square feet
- 0.209‑acre lot; zoned R‑5
- New roof; frame and brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,477
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,540
$449.5K
Cap Rate 7%
$321,100
$321.1K
Cap Rate 9%
$249,744
$249.7K
Market Conditions
NOI Build-Up for 2,746 SF
Gross rent
$33.3K $12.12/SF
− Vacancy
−$1.2K −$0.43/SF
EGI
$32.1K $11.69/SF
− OpEx
−$9.6K −$3.51/SF
NOI
$22.5K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,540
Cap Rate 7%
$321,100
Cap Rate 9%
$249,744
Alternative Uses
Best Use
Multifamily LT 5
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.4K
NOI $20,246 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$572.2K
$500.7K – $667.6K
NOI $40,055 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Residents pay gas and electric under 12-month leases, with off-street parking provided.
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 $319,900.
What are key features of this property?
This property features: Four‑unit residential property with 2,746 square feet; 0.209‑acre lot; zoned R‑5; New roof; frame and brick construction
