Two-Building Duplex
For Sale
$375,000
639 E Clarion Dr, Pueblo West, CO 81007
Two separate residences offer individual electric service, room-by-room heating controls, and flexible living arrangements.
Property Size4,224 SF
Lot Size0.88 Acres
Price / SF$88.78
Days on Market91
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Property Features for 639 E Clarion Dr
General Information
Standard status
Active
Size
4,224 SF
Lot size
0.88 Acres
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
could use some TLC
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Amenities
covered front porches
rear decks
basement space
attached garage
Building Details
Year Built
1975
Buildings
2
Listing Agency:
Pasternak Properties
Listed By:
Chris Pasternak · License #FA.100076659
(719) 546-1717
Source:
Seehomesincolorado
Added: Jul 17
Changed: Oct 13
Last Checked: Oct 14 at 11:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pasternak Properties
Investment Insights
Based on property information with market context.
This duplex property includes two separate buildings totaling 4,224 square feet on a 0.88-acre lot. Built in 1975, each residence provides three bedrooms on the main level along with basement space that can support additional living, office, storage, or recreation areas. Covered front porches and rear decks extend the usable space outdoors, while one building features a large attached garage suitable for storage or workshop use.
Each unit has separate electric service and individual heating controls, with electric radiant ceiling heat serving rooms independently. The property is located at 639 E Clarion Dr in Pueblo West, Colorado. One rear deck requires attention, and the lot size provides space beyond the existing two-building configuration.
Each unit has separate electric service and individual heating controls, with electric radiant ceiling heat serving rooms independently. The property is located at 639 E Clarion Dr in Pueblo West, Colorado. One rear deck requires attention, and the lot size provides space beyond the existing two-building configuration.
Key Highlights
- Two separate buildings on a 0.88‑acre lot
- 4,224 square feet of total property size
- Each unit includes 3 bedrooms plus basement space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,453
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,060
$689.1K
Cap Rate 7%
$492,186
$492.2K
Cap Rate 9%
$382,811
$382.8K
Market Conditions
NOI Build-Up for 4,224 SF
Gross rent
$50.7K $12.00/SF
− Vacancy
−$1.5K −$0.35/SF
EGI
$49.2K $11.65/SF
− OpEx
−$14.8K −$3.50/SF
NOI
$34.5K $8.16/SF
Area
Pueblo County, CO
Vacancy
2.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,060
Cap Rate 7%
$492,186
Cap Rate 9%
$382,811
Alternative Uses
Best Use
Multifamily LT 5
$492.2K
$430.7K – $574.2K
NOI $34,453 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$412.5K
$360.9K – $481.2K
NOI $28,872 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$880.2K
$770.2K – $1.03M
NOI $61,614 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Explore this area
Business Placement
Demographics for 81007, CO
33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
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?
Duplex - Two separate residences offer individual electric service, room-by-room heating controls, and flexible living arrangements.
Where is this duplex located?
The property is located at 639 E Clarion Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two separate buildings on a 0.88‑acre lot; 4,224 square feet of total property size; Each unit includes 3 bedrooms plus basement space
