4-Unit Quadplex with Attached
New
For Sale
$700,000
715-721 E Laporte Drive, Pueblo, CO 81007
Four three-bedroom residences share a courtyard and include central air conditioning, laundry hookups, and individual garages.
Property Size4,800 SF
Price / SF$145.83
Days on Market2
Property Features for 715-721 E Laporte Drive
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
4
Property subtype
Income
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,296
Amenities
shared courtyard
central air conditioning
in-unit laundry hookups
Vinyl
Electric Hook-up
Stucco
12001.0
Municipal
4.0
0.2755
Building Details
Year Built
1998
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 2:08AM
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 four-unit residential property is arranged with two residences on each level. Each home has three bedrooms, two bathrooms, central air conditioning, and laundry hookups. Attached one-car garages serve each unit, and residents share an outdoor courtyard. Interior features include wood-laminate living room floors, ceiling fans, window blinds, and kitchens with a pantry, white cabinetry, counter space, and a dishwasher, electric range/oven, vent hood, and refrigerator. The owner pays water and trash.
The property is near schools, parks, and shopping in Pueblo West. Highway 50 provides access toward Interstate 25 and Pueblo State Park.
The property is near schools, parks, and shopping in Pueblo West. Highway 50 provides access toward Interstate 25 and Pueblo State Park.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- Four attached one‑car garages
- Central air conditioning and laundry hookups in every unit
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
NOI $39,290 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.8K
NOI $35,389 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.00M
$875.2K – $1.17M
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
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four three-bedroom residences share a courtyard and include central air conditioning, laundry hookups, and individual garages.
Where is this quadplex located?
The property is located at 715-721 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 units, each with 3 bedrooms and 2 bathrooms; Four attached one‑car garages; Central air conditioning and laundry hookups in every unit
