Two-Unit Duplex with
New
For Sale
$180,000
721 E 8th St, Pueblo, CO 81001
Each residence has two bedrooms and one bathroom, with a shared two-car garage on the property.
Property Size1,518 SF
Price / SF$118.58
Days on Market4
Property Features for 721 E 8th St
General Information
Standard status
Active
Size
1,518 SF
Total Parking Spaces
2
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
will require additional repairs and updating
Site & Location
Neighborhood
East Side
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$800
Building Details
Building Size
1,518 SF
Year Built
1947
Listing Agency:
Denver Home Solutions, LLC
Listed By:
Frederick Huber · License #IR100025593
(303) 332-4655
Source:
Curtisryanrealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 26 at 3:51PM
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 Denver Home Solutions, LLC
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Investment Insights
Based on property information with market context.
This 1,518-square-foot duplex, built in 1947, contains two separate residences, each arranged with two bedrooms and one bathroom. A two-car garage provides additional on-site space. Some improvements have been completed, while further repairs and updating are needed.
Located at 721 E 8th St in Pueblo, the property offers a two-unit residential configuration with garage space.
Located at 721 E 8th St in Pueblo, the property offers a two-unit residential configuration with garage space.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,518 square feet
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,425
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,500
$248.5K
Cap Rate 7%
$177,500
$177.5K
Cap Rate 9%
$138,056
$138.1K
Market Conditions
NOI Build-Up for 1,518 SF
Gross rent
$18.4K $12.12/SF
− Vacancy
−$648 −$0.43/SF
EGI
$17.8K $11.69/SF
− OpEx
−$5.3K −$3.51/SF
NOI
$12.4K $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%
$248,500
Cap Rate 7%
$177,500
Cap Rate 9%
$138,056
Alternative Uses
Best Use
Multifamily LT 5
$177.5K
$155.3K – $207.1K
NOI $12,425 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$159.9K
$139.9K – $186.5K
NOI $11,192 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$316.3K
$276.8K – $369.0K
NOI $22,142 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
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Business Placement
Demographics for 81001, CO
31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with a shared two-car garage on the property.
Where is this duplex located?
The property is located at 721 E 8th St Pueblo, CO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,518 square feet; Two‑car garage
