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Quadplex With Attached Garages
For Sale
$700,000

715-721 E Laporte Dr, Pueblo, CO 81007

Residential Income, Pueblo, CO

Property Size4,800 SF
Lot Size0.28 Acres
Price / SF$145.83
Days on Market166

Property Features for 715-721 E Laporte Dr

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-5
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bathroom 3, Bathroom 5, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 12, Bathroom 8, Bedroom 7, Bedroom 3, Bedroom 9, Bathroom 2, Bathroom 6, Bedroom 11, Bathroom 7, Bedroom 6, Bedroom 5, Bathroom 4, Bedroom 1
Parking 4
Parking features Garage - Attached
Window features Window Coverings, Vinyl Frames
Interior features Ceiling Fan(s)
Exterior features Courtyard
Appliances Dishwasher-All, Garbage Disposal-All, Refrigerator-All, Electric Range-All, Range Hood-All
Subdivision Pueblo West East
Lot features Lawn- Rear
Elementary school 70
Middle school 70
High school 70
Standard status Active
APN 0507018007
Size 4,800 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 18 BLK 5 TR 380 PUEBLO WEST
Tax Annual Amount 4297
Legal Description LOT 18 BLK 5 TR 380 PUEBLO WEST

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

shared courtyard
central air conditioning
laundry hookups
ceiling fans

Building Details

Year built 1998
Floors in Building 2
Number of units 4
Building materials Frame, Stucco, Copper Plumbing, Plastic Plumbing
Roof type Composition
Listing Agency: REMAX PROPERTIES
Listed By: Tami Jo Belsey · License #100024902
Added: May 18 Changed: Oct 23 Last Checked: Oct 30 at 11:06PM
MLS# 239161

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.

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Investment Insights

Based on property information with market context.

Built in 1998, this R-5-zoned quadplex contains 4,800 square feet across four residential units, arranged as two upper and two lower residences. Each unit provides three bedrooms, two bathrooms, a kitchen with a dishwasher, electric range/oven, vent hood, refrigerator, pantry, and ample cabinetry, plus laundry hookups. Interior features include wood-laminate living room flooring, ceiling fans, window blinds, and private primary bathrooms. Central air conditioning and forced-air heating serve the building.

The property sits on 0.276 acres at 715-721 E Laporte Dr in Pueblo, CO. Four attached one-car garages support resident parking, while a shared courtyard provides common outdoor space. The location is near schools, parks, and shopping, with access to Highway 50 and connections toward Interstate 25 and Pueblo State Park. The owner pays water and trash, and each residence includes durable finishes and individual kitchen appliances.

Key Highlights

  • 4,800‑square‑foot quadplex built in 1998
  • Four units, each with 3 bedrooms and 2 bathrooms
  • Four attached one‑car garages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,290
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,800 $785.8K
Cap Rate 7%
$561,286 $561.3K
Cap Rate 9%
$436,556 $436.6K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$58.2K $12.12/SF
− Vacancy
−$2.0K −$0.43/SF
EGI
$56.1K $11.69/SF
− OpEx
−$16.8K −$3.51/SF
NOI
$39.3K $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%
$785,800
Cap Rate 7%
$561,286
Cap Rate 9%
$436,556

Alternative Uses

Best Use
Multifamily LT 5
$561.3K
$491.1K – $654.8K (±1% cap)
NOI $39,290 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.8K (±1% cap)
NOI $35,389 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.00M
$875.2K – $1.17M (±1% cap)
NOI $70,016 @ 7.0% cap · market cap 10.00%
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
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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units feature three-bedroom, two-bath layouts with private garages and shared outdoor space.
Where is this quadplex located?
The property is located at 715-721 E Laporte Dr 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: 4,800‑square‑foot quadplex built in 1998; Four units, each with 3 bedrooms and 2 bathrooms; Four attached one‑car garages
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