4-Unit Quadplex with
New
For Sale
$369,900
Pending
675 E Clarion Dr, Pueblo West, CO 81007
Each residence has separate electric metering and washer/dryer connections.
Property Size3,612 SF
Days on Market4
Property Features for 675 E Clarion Dr
General Information
Standard status
Pending
Size
3,612 SF
Property subtype
Investment
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,286
Amenities
wood-burning fireplace
fenced patio
washer and dryer hookups
Building Details
Building Size
3,612 SF
Year Built
1974
Listing Agency:
A Better Way Realty, LLC
Listed By:
Vanessa Thiele
(310) 403-4009
Source:
Elliman
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 10:03PM
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 A Better Way Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1974, this Pueblo West quadplex contains four residences, each with two bedrooms, one bathroom, and a combined living and kitchen area. Wood-burning fireplaces and fenced patios are provided at each unit. Electric baseboard heat, separate electric meters, and washer and dryer hookups serve all four residences.
The owner currently covers water and trash. The property is at 675 E Clarion Dr in Pueblo West, Colorado.
The owner currently covers water and trash. The property is at 675 E Clarion Dr in Pueblo West, Colorado.
Key Highlights
- Four residences, each with 2 bedrooms and 1 bathroom
- Wood‑burning fireplace and fenced patio at every unit
- Separate electric meters and washer and dryer hookups in all four units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,461
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,220
$589.2K
Cap Rate 7%
$420,871
$420.9K
Cap Rate 9%
$327,344
$327.3K
Market Conditions
NOI Build-Up for 3,612 SF
Gross rent
$43.3K $12.00/SF
− Vacancy
−$1.3K −$0.35/SF
EGI
$42.1K $11.65/SF
− OpEx
−$12.6K −$3.50/SF
NOI
$29.5K $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%
$589,220
Cap Rate 7%
$420,871
Cap Rate 9%
$327,344
Alternative Uses
Best Use
Multifamily LT 5
$420.9K
$368.3K – $491.0K
NOI $29,461 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$352.7K
$308.6K – $411.5K
NOI $24,689 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$752.7K
$658.6K – $878.1K
NOI $52,687 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
337
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has separate electric metering and washer/dryer connections.
Where is this quadplex located?
The property is located at 675 E Clarion Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 1 bathroom; Wood‑burning fireplace and fenced patio at every unit; Separate electric meters and washer and dryer hookups in all four units
