Pueblo West Fourplex
For Sale
$700,000
729 E Laporte Dr, Pueblo, CO 81007
MULTI_FAMILY - Pueblo, CO
Property Size4,480 SF
Lot Size0.28 Acres
Price / SF$156.25
Days on Market75
Property Features for 729 E Laporte Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 2, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 5, Bedroom 11, Bedroom 12, Bathroom 6, Bedroom 7, Bedroom 3, Bathroom 4, Bedroom 9, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 7, Bedroom 10, Bathroom 8, Bathroom 2, Bedroom 1
Parking
4
Parking features
Garage - Attached
Window features
Double Pane Windows, Window Coverings, Vinyl Frames
Interior features
Ceiling Fan(s)
Exterior features
Courtyard
Appliances
Dishwasher-All, Garbage Disposal-All, Refrigerator-All, Electric Range-All, Range Hood-All
Subdivision
Pueblo West East
Elementary school
70
Middle school
70
High school
70
Standard status
Active
APN
0507018008
Size
4,480 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 19 BLK 5 TR 380 PUEBLO WEST
Tax Annual Amount
3167
Legal Description
LOT 19 BLK 5 TR 380 PUEBLO WEST
Utilities
Heating system
Forced Air
Building Details
Year built
1997
Floors in Building
2
Number of units
4
Building materials
Frame, Stucco, Copper Plumbing, Plastic Plumbing
Roof type
Composition
Listing Agency:
REMAX PROPERTIES
(719) 548-8600
Listed By:
Tami Jo Belsey
(719) 332-2225
Added: May 18
Changed: Jul 12
Last Checked: Jul 31 at 7:06PM
MLS# 239163
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 is a strong investment opportunity featuring a well-designed fourplex in Pueblo West. The property contains four spacious units, two upper and two lower, each offering a 3-bedroom, 2-bath layout. The property includes four attached one-car garages, a storage shed for maintenance tools, and a shared courtyard. Evaporative cooling units provide year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements. The owner pays for water and trash. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. The property is located on a 0.276-acre lot. The property is suitable for residential income and multifamily property use.
Key Highlights
- 4‑plex built in 1997 in Pueblo West with four 3‑bedroom, 2‑bath units (two upper, two lower).
- Four attached one‑car garages—one per unit—plus a storage shed for maintenance tools.
- Shared courtyard and evaporative cooling units for outdoor space and year‑round comfort.
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 5.24%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K
NOI $33,030 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$933.5K
$816.9K – $1.09M
NOI $65,348 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex with strong rental appeal in Pueblo West.
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 $700,000.
What are key features of this property?
This property features: 4‑plex built in 1997 in Pueblo West with four 3‑bedroom, 2‑bath units (two upper, two lower).; Four attached one‑car garages—one per unit—plus a storage shed for maintenance tools.; Shared courtyard and evaporative cooling units for outdoor space and year‑round comfort.
