New Construction
For Sale
$545,000
731 -733 S Knox Dr, Pueblo West, CO 81007
Two residential units feature private garages, durable flooring, updated countertops, and ceramic-tile bathroom finishes.
Property Size3,704 SF
Price / SF$147.14
Days on Market250
Property Features for 731 -733 S Knox Dr
General Information
Standard status
Active
Size
3,704 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$738
Building Details
Year Built
2025
Buildings
1
Listing Agency:
Tri-County Realty
(719) 553-9387
Listed By:
Gerald Burns · License #100054612
(719) 553-9387
Source:
Exitrealty
Added: Dec 23, 2025
Changed: Aug 29
Last Checked: Aug 29 at 1:47PM
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 Tri-County Realty
Investment Insights
Based on property information with market context.
Built in 2025, this duplex contains two residential units, with each side offering 3 bedrooms, 2 bath, and a garage. The 3,704 SF property features luxury vinyl plank flooring, countertops, and ceramic tile in the bathrooms, creating a consistent finish package across both residences.
Located at 731–733 S Knox Dr in Pueblo West, Colorado, the property combines a two-unit configuration with practical residential features and dedicated garage space for each side.
Located at 731–733 S Knox Dr in Pueblo West, Colorado, the property combines a two-unit configuration with practical residential features and dedicated garage space for each side.
Key Highlights
- 3,704 SF duplex built in 2025
- Each side includes 3 bedrooms, 2 bath, and a garage
- Luxury vinyl plank flooring throughout the finish package
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,211
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$604,220
$604.2K
Cap Rate 7%
$431,586
$431.6K
Cap Rate 9%
$335,678
$335.7K
Market Conditions
NOI Build-Up for 3,704 SF
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.
Gross rent
$44.4K $12.00/SF
− Vacancy
−$1.3K −$0.35/SF
EGI
$43.2K $11.65/SF
− OpEx
−$12.9K −$3.50/SF
NOI
$30.2K $8.16/SF
Area
Pueblo County, CO
Vacancy
2.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$604,220
Cap Rate 7%
$431,586
Cap Rate 9%
$335,678
Alternative Uses
Best Use
Multifamily LT 5
$431.6K
$377.6K – $503.5K
NOI $30,211 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$361.7K
$316.5K – $422.0K
NOI $25,317 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$771.8K
$675.4K – $900.5K
NOI $54,029 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
68
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature private garages, durable flooring, updated countertops, and ceramic-tile bathroom finishes.
Where is this duplex located?
The property is located at 731 -733 S Knox Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 3,704 SF duplex built in 2025; Each side includes 3 bedrooms, 2 bath, and a garage; Luxury vinyl plank flooring throughout the finish package
