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Ranch Duplex with Two-Car Garage

721 E 8th St, Pueblo, CO 81001

For Sale
$168,000

Residential Income, Pueblo, CO

Property Size1,518 SF
Lot Size0.06 Acres
Price / SF$110.67
Days on Market56

Property Features for 721 E 8th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-4
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Parking 2
Parking features Garage - Detached
Window features Double Pane Windows
Fencing Wood
Fireplace 1
Appliances Refrigerator-Some, Electric Range-Some, Washer-Some, Dryer-Some
Subdivision Eastside
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0430438022
Size 1,518 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Duplex: S 80.00 M/L LOT 9 BLK 2 PUEBLO BUILDING + IMPROVEMENT COMPANYS ADD FORMERLY #04-304-38-018 Garage: N 40.00 FT OF LOT 9 BLK 2 PUEBLO BUILDING + IMP
Tax Annual Amount 800
Legal Description Duplex: S 80.00 M/L LOT 9 BLK 2 PUEBLO BUILDING + IMPROVEMENT COMPANYS ADD FORMERLY #04-304-38-018 Garage: N 40.00 FT OF LOT 9 BLK 2 PUEBLO BUILDING + IMP

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Wall Furnace
Water source Public

Building Details

Year built 1947
Number of units 2
Building materials Frame, Block, Wood Siding, Plastic Plumbing
Roof type Composition
Architectural style Ranch
Buildings 1
Listing Agency: Denver Home Solutions, LLC
Listed By: Frederick Huber · License CO IR100025593
Added: Sep 19 Changed: Nov 9 Last Checked: Nov 13 at 11:06PM
MLS# 242370

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 1947, this ranch-style duplex contains 1,518 square feet across two residential units. Each unit is arranged with 2 bedrooms and 1 bathroom, creating a straightforward configuration for a small multifamily property. A detached two-car garage adds enclosed parking, storage, or workspace. Existing improvements are in place, while additional repairs and updating remain part of the property’s condition. The home includes select refrigerators, electric ranges, washers, and dryers, along with wall furnace and forced-air heating powered by natural gas.

Located at 721 E 8th St in Pueblo, the property sits on a 0.055-acre lot with R-4 zoning. Public water and public sewer serve the site. Additional physical features include a wood fence, composition roof, frame and block construction, wood siding, and a fireplace.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • 1,518 square feet on a 0.055‑acre lot
  • Detached garage accommodates two vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,425
Cap Rate
7.40%
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 (±1% cap)
NOI $12,425 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$159.9K
$139.9K – $186.5K (±1% cap)
NOI $11,192 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$316.3K
$276.8K – $369.0K (±1% cap)
NOI $22,142 @ 7.0% cap · market cap 13.18%
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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Pueblo, CO

$172 Jul
$154 Aug
$148 Sep
$141 Oct

Properties on Market for Duplexes in Pueblo

Jul
Aug
Sep
Oct

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?
Duplex - Two separate units with R-4 zoning, detached parking, and a renovation scope for continued residential use.
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 $168,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1,518 square feet on a 0.055‑acre lot; Detached garage accommodates two vehicles
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