Fourplex with Attached
743-745 E Laporte Dr Pueblo, CO 81007
743-745 E Laporte Dr, Pueblo, CO, 81007
$750,000
For Sale
$750,000
Well-kept four-unit property with 3-bed, 2-bath layouts, attached one-car garages, and evaporative cooling.
Property Size4,480 SF
Price / SF$167.41
Days on Market100
Property Features for 743-745 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 Checked: Jul 16 at 2:39 am
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 features two upper and two lower units, with each residence offering a 3-bedroom, 2-bath layout. The property includes four attached one-car garages, a storage shed for maintenance items, and a shared courtyard for outdoor use. Evaporative cooling units are installed for year-round comfort. Inside, units include wood-laminate flooring in the living areas, lighted ceiling fans, and window blinds. Kitchens provide ample white cabinetry, counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Each unit also has laundry hookups, and bedrooms feature neutral carpeting with ceiling fans. Primary bathrooms include a vanity, mirror, and tub/shower, while the two additional bedrooms share a full secondary bathroom.
The property is located near schools, parks, and shopping, with easy access to Highway 50 for connectivity to Interstate 25 and Pueblo State Park.
Owner pays water and trash, which can simplify monthly utility management for the landlord.
The property is located near schools, parks, and shopping, with easy access to Highway 50 for connectivity to Interstate 25 and Pueblo State Park.
Owner pays water and trash, which can simplify monthly utility management for the landlord.
Key Highlights
- 1997‑built 4‑plex in Pueblo West with four 3‑bed, 2‑bath units (two upper and two lower).
- Four attached one‑car garages plus a shared courtyard for outdoor space.
- Evaporative cooling units in place for year‑round comfort.
Local 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
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FAQs
What type of property is this?
Quadplex - Well-kept four-unit property with 3-bed, 2-bath layouts, attached one-car garages, and evaporative cooling.
Where is this quadplex located?
The property is located at 743-745 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‑bed, 2‑bath units (two upper and two lower).; Four attached one‑car garages plus a shared courtyard for outdoor space.; Evaporative cooling units in place for year‑round comfort.