Four-Unit Quadplex with
New
For Sale
$700,000
687-693 E Laporte Drive, Pueblo, CO 81007
Four three-bedroom apartments pair private laundry hookups with central air conditioning and a shared courtyard.
Property Size4,480 SF
Price / SF$156.25
Days on Market2
Property Features for 687-693 E Laporte Drive
General Information
Standard status
Active
Size
4,480 SF
Total Parking Spaces
4
Property subtype
Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,336
Amenities
shared courtyard
central air conditioning
laundry hookups
Vinyl
Electric Hook-up
Stucco
Community
12001.0
Municipal
4.0
0.2755
Building Details
Year Built
1998
Buildings
1
Stories
2
Listing Agency:
REMAX PROPERTIES
(719) 337-1448
Listed By:
Mark Jones · License #FA40025962
(678) 677-6034
Source:
Markjoneshomes
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:49AM
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 REMAX PROPERTIES
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Investment Insights
Based on property information with market context.
This 4,480-square-foot quadplex contains four apartments, arranged as two upper-level and two lower-level units. Each has three bedrooms, two bathrooms, central air conditioning, and laundry hookups. Four attached one-car garages serve the property, alongside a common courtyard. Interior features include wood-laminate living room floors, ceiling fans, window blinds, and kitchens equipped with white cabinetry, a pantry, dishwasher, electric range and oven, vent hood, and refrigerator.
The property is at 687-693 E Laporte Drive in Pueblo West. Highway 50 provides access toward Interstate 25 and Pueblo State Park. Schools, parks, and shopping are also identified nearby. The owner pays water and trash expenses.
The property is at 687-693 E Laporte Drive in Pueblo West. Highway 50 provides access toward Interstate 25 and Pueblo State Park. Schools, parks, and shopping are also identified nearby. The owner pays water and trash expenses.
Key Highlights
- Four apartments, each with 3 bedrooms and 2 bathrooms
- 4,480‑square‑foot property
- Four attached one‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,670
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,400
$733.4K
Cap Rate 7%
$523,857
$523.9K
Cap Rate 9%
$407,444
$407.4K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$54.3K $12.12/SF
− Vacancy
−$1.9K −$0.43/SF
EGI
$52.4K $11.69/SF
− OpEx
−$15.7K −$3.51/SF
NOI
$36.7K $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%
$733,400
Cap Rate 7%
$523,857
Cap Rate 9%
$407,444
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K
NOI $36,670 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K
NOI $33,030 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$933.5K
$816.9K – $1.09M
NOI $65,348 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
243
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 - Four three-bedroom apartments pair private laundry hookups with central air conditioning and a shared courtyard.
Where is this quadplex located?
The property is located at 687-693 E Laporte Drive Pueblo, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four apartments, each with 3 bedrooms and 2 bathrooms; 4,480‑square‑foot property; Four attached one‑car garages
