Duplex with Private
New
For Sale
$220,000
723 E 2nd St, Pueblo, CO 81001
MULTI_FAMILY - Pueblo, CO
Property Size2,190 SF
Lot Size0.09 Acres
Price / SF$100.46
Days on Market1
Property Features for 723 E 2nd 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 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
On Street
Window features
Double Pane Windows
Patio and Porch features
Patio
Interior features
New Paint, Ceiling Fan(s)
Basement
Unfinished
Appliances
Dishwasher-Some, Refrigerator-All, Electric Range-All, Microwave Built-In-Some, Washer-Some, Dryer-Some
Subdivision
Eastside
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0431130016
Size
2,190 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 20 FT LOT 25 + W 12 FT OF 26 BLK 6 MATTICES ADD
Tax Annual Amount
890
Legal Description
E 20 FT LOT 25 + W 12 FT OF 26 BLK 6 MATTICES ADD
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1906
Floors in Building
2
Number of units
2
Flooring type
Hardwood, New floor coverings
Building materials
Frame, Brick, Stone Veneer, Stucco, Plastic Plumbing
Roof type
Composition
Listing Agency:
Keller Williams Clients Choice
(719) 535-0355
Listed By:
Eric Estrada · License #100048439
(719) 722-0009
Added: Jul 31
Last Checked: Jul 31 at 5:06PM
MLS# 241489
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.
Investment Insights
Based on property information with market context.
This duplex built in 1906 offers two separate units with private entrances, each featuring two bedrooms and one full bathroom. Both units include individual laundry hookups, and the main-level unit has new hardwood flooring along with a cozy fireplace. There is also an unfinished basement that can support storage or future improvements.
The property sits on a 0.089-acre lot and includes a patio. Heating is provided by natural gas forced air, and the roof is composition. Construction features include frame with brick, stone veneer, stucco, and plastic plumbing. Interior updates include new paint and ceiling fan(s), and the exterior has been recently repainted.
Parking is available with off-street spaces in the rear plus on-street parking out front. Public water and public sewer service are provided.
The property sits on a 0.089-acre lot and includes a patio. Heating is provided by natural gas forced air, and the roof is composition. Construction features include frame with brick, stone veneer, stucco, and plastic plumbing. Interior updates include new paint and ceiling fan(s), and the exterior has been recently repainted.
Parking is available with off-street spaces in the rear plus on-street parking out front. Public water and public sewer service are provided.
Key Highlights
- Two separate units in a duplex configuration with private entrances
- Each unit offers two bedrooms and one full bathroom
- Individual laundry hookups for both units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.5k | $12.12 |
| − Vacancy | −$934 | −$0.43 |
| EGI | $25.6k | $11.69 |
| − OpEx | −$7.7k | −$3.51 |
| NOI | $17.9k | $8.19 |
2,190 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.1K
$224.1K – $298.8K
NOI $17,926 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$230.7K
$201.8K – $269.1K
NOI $16,146 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$456.4K
$399.3K – $532.4K
NOI $31,945 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R-4 duplex built in 1906 with two separate units, each with private entrances and in-unit laundry hookups.
Where is this duplex located?
The property is located at 723 E 2nd St Pueblo, CO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two separate units in a duplex configuration with private entrances; Each unit offers two bedrooms and one full bathroom; Individual laundry hookups for both units
