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Fourplex with Attached Garages

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
Listed by Tami Jo Belsey · License #100024902
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.

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 (±1% cap)
NOI $36,670 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K (±1% cap)
NOI $33,030 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$933.5K
$816.9K – $1.09M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Auto Parts Store Barber Shop Computer & Electronic Repair Catering Service Dental Office Accounting Firm Hair Salon Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

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.
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