Turnkey 5-Unit Multifamily
624-626 W 11th St Pueblo, CO 81003
For Sale
$460,000
MULTI_FAMILY - Pueblo, CO
Property Size1,888 SF
Lot Size0.12 Acres
Price / SF$243.64
Days on Market48
Property Features for 624-626 W 11th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
5
Bathrooms
5
Rooms
Bathroom 4, Bedroom 2, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Cable TV
Fencing
Fenced
Basement
Partial
Appliances
Dishwasher-Some, Refrigerator-All, Gas Range-Some, Electric Range-Some
Standard status
Active
APN
525433007
Size
1,888 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 8 BLK 44 COUNTY ADD
Tax Annual Amount
3243
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1903
Floors in Building
2
Number of units
5
Building materials
Frame, Wood Siding, Concrete, Copper Plumbing
Roof type
Composition
Listing Agency:
eXp Realty, LLC
(888) 440-2724
Listed By:
Dan Fortune · License #100036166
(720) 515-9022
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 27 at 10:06AM
MLS# 236796
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 for-sale portfolio includes two properties—624-626 W 11th St and 1010-1012 West St—totaling five residential units. The listing describes the units as professionally managed and individually updated, positioned for an investor seeking a turnkey-style arrangement rather than a value-add renovation project. The combined property size is listed at 1,888 square feet, situated on a 0.121-acre lot.
Located in Pueblo, Colorado within Pueblo County, the properties are identified under zoning R-5. The offering is presented as a cohesive 5-unit package for buyers who prefer to evaluate multiple units together under one ownership.
For prospective investors and operators, this configuration provides immediate scale with five separate units across two addresses. The emphasis on professional management and updated interiors may appeal to those looking for a streamlined acquisition process while operating a small multifamily portfolio in a residential income-focused zoning district. This is a straightforward option to underwrite using in-place unit condition and current operating inputs, with the purchase structured as one combined transaction.
Located in Pueblo, Colorado within Pueblo County, the properties are identified under zoning R-5. The offering is presented as a cohesive 5-unit package for buyers who prefer to evaluate multiple units together under one ownership.
For prospective investors and operators, this configuration provides immediate scale with five separate units across two addresses. The emphasis on professional management and updated interiors may appeal to those looking for a streamlined acquisition process while operating a small multifamily portfolio in a residential income-focused zoning district. This is a straightforward option to underwrite using in-place unit condition and current operating inputs, with the purchase structured as one combined transaction.
Key Highlights
- 5‑unit property in Central Pueblo at 624 W 11th St and 1010‑1012 West St
- Year built: 1903; frame with wood siding and concrete construction; copper plumbing
- Forced‑air heating system; composition shingle roof
Financial Insights For Apartment 5plus
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 | $26.3k | $13.92 |
| − Vacancy | −$972 | −$0.52 |
| EGI | $25.3k | $13.40 |
| − OpEx | −$11.4k | −$6.03 |
| NOI | $13.9k | $7.37 |
1,888 SF · lease $13.92/SF/yr · vacancy 3.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$198.9K
$174.0K – $232.0K
NOI $13,920 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap · market cap 5.99%
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?
Apartment building - For sale 5-unit multifamily property in Pueblo, Colorado, zoned R-5 and set up for managed residential income.
Where is this apartment building located?
The property is located at 624-626 W 11th St Pueblo, CO.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 5‑unit property in Central Pueblo at 624 W 11th St and 1010‑1012 West St; Year built: 1903; frame with wood siding and concrete construction; copper plumbing; Forced‑air heating system; composition shingle roof
