4-Unit Quadplex with Attached
New
For Sale
$700,000
687-693 E Laporte Dr, Pueblo West, CO 81007
Four three-bedroom residences include central air conditioning, private laundry hookups, and a shared courtyard.
Property Size4,480 SF
Price / SF$156.25
Days on Market3
Property Features for 687-693 E Laporte Dr
General Information
Standard status
Active
Size
4,480 SF
Total Parking Spaces
4
Property subtype
Quadruplex
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
Building Details
Building Size
4,480 SF
Year Built
1998
Buildings
1
Stories
2
Listing Agency:
REMAX PROPERTIES
Listed By:
Tami Jo Belsey · License #100024902
(719) 548-8600
Source:
Curtisryanrealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:30AM
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, built in 1998, contains four residences arranged as two upper and two lower units. Each offers three bedrooms, two bathrooms, central air conditioning, and laundry hookups. Four attached one-car garages serve the property, with a shared courtyard providing outdoor space. Interior features include wood-laminate living room floors, ceiling fans, window blinds, and kitchens equipped with a pantry, dishwasher, electric range and oven, vent hood, and refrigerator. The primary bedroom in each unit has an attached bathroom. The owner pays water and trash expenses.
The property is in Pueblo West, near schools, parks, and shopping. Highway 50 provides access toward Interstate 25 and Pueblo State Park.
The property is in Pueblo West, near schools, parks, and shopping. Highway 50 provides access toward Interstate 25 and Pueblo State Park.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- 4,480 square feet; built in 1998
- Four attached one‑car garages and a shared courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,541
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,820
$730.8K
Cap Rate 7%
$522,014
$522.0K
Cap Rate 9%
$406,011
$406.0K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$53.8K $12.00/SF
− Vacancy
−$1.6K −$0.35/SF
EGI
$52.2K $11.65/SF
− OpEx
−$15.7K −$3.50/SF
NOI
$36.5K $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%
$730,820
Cap Rate 7%
$522,014
Cap Rate 9%
$406,011
Alternative Uses
Best Use
Multifamily LT 5
$522.0K
$456.8K – $609.0K
NOI $36,541 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$437.5K
$382.8K – $510.4K
NOI $30,622 @ 7.0% cap · market cap 4.37%
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
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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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four three-bedroom residences include central air conditioning, private laundry hookups, and a shared courtyard.
Where is this quadplex located?
The property is located at 687-693 E Laporte Dr Pueblo West, 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 units, each with 3 bedrooms and 2 bathrooms; 4,480 square feet; built in 1998; Four attached one‑car garages and a shared courtyard
