Fourplex with Attached
729 E Laporte Dr Pueblo, CO 81007
For Sale
$750,000
Well-designed 4-plex offering four 3-bedroom, 2-bath units, each with an attached one-car garage and in-unit laundry hookups.
Property Size4,480 SF
Price / SF$167.41
Days on Market107
Property Features for 729 E Laporte Dr
General Information
- Standard status
- Active
- Size
- 4,480 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1997
Listing Agency:
REMAX PROPERTIES
(719) 332-2225
Listed By:
Tami Jo Belsey · License #100024902
(719) 332-2225
Source:
Exitrealty
Added: Apr 9
Changed: Jul 22
Last Checked: Jul 24 at 6:10AM
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
Investment Insights
Based on property information with market context.
This fourplex includes four spacious units arranged as two upper and two lower residences, with each unit featuring a 3-bedroom, 2-bath layout. The property has four attached one-car garages plus a storage shed for maintenance tools and a shared courtyard for outdoor use. Interior finishes include wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds. Kitchens offer white cabinetry, counter space, a pantry, and appliances such as a dishwasher, electric range/oven, vent hood, and refrigerator. Each unit includes laundry hookups and primary suites with attached bathrooms, vanity, mirror, and tub/shower, along with a full secondary bathroom serving the remaining bedrooms.
The owner pays water and trash. The property is positioned for convenient access to Highway 50, with quick connectivity to Interstate 25 and Pueblo State Park, and is described as being near schools, parks, and shopping.
Overall, the building’s unit layout and included amenities support a practical, low-maintenance residential income configuration.
The owner pays water and trash. The property is positioned for convenient access to Highway 50, with quick connectivity to Interstate 25 and Pueblo State Park, and is described as being near schools, parks, and shopping.
Overall, the building’s unit layout and included amenities support a practical, low-maintenance residential income configuration.
Key Highlights
- 1997‑built 4‑plex in Pueblo West with four 3‑bedroom, 2‑bath units (two upper, two lower)
- Each unit has an attached one‑car garage and in‑unit laundry hookups
- Units include evaporative cooling, wood‑laminate flooring in living rooms, lighted ceiling fans, and window blinds
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 | $54.3k | $12.12 |
| − Vacancy | −$1.9k | −$0.43 |
| EGI | $52.4k | $11.69 |
| − OpEx | −$15.7k | −$3.51 |
| NOI | $36.7k | $8.19 |
4,480 SF · lease $12.12/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K
NOI $36,670 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K
NOI $33,030 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$933.5K
$816.9K – $1.09M
NOI $65,348 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-designed 4-plex offering four 3-bedroom, 2-bath units, each with an attached one-car garage and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 729 E Laporte Dr Pueblo, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1997‑built 4‑plex in Pueblo West with four 3‑bedroom, 2‑bath units (two upper, two lower); Each unit has an attached one‑car garage and in‑unit laundry hookups; Units include evaporative cooling, wood‑laminate flooring in living rooms, lighted ceiling fans, and window blinds
