Tenant-Occupied
New
For Sale
$220,000
805 E 7th Street, Pueblo, CO 81003
Two units provide a combined four bedrooms and two bathrooms, with month-to-month leases and tenants in place.
Property Size1,496 SF
Price / SF$147.06
Days on Market2
Property Features for 805 E 7th Street
General Information
Standard status
Active
Size
1,496 SF
Property subtype
Income
Site & Location
Neighborhood
East Side
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$639
Amenities
fenced yard
Crawl Space
Aluminum,Vinyl
Electric Hook-up
Stucco
Front,Rear
0.12
Municipal
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
REMAX PROPERTIES
(719) 337-1448
Listed By:
Mark Jones · License #FA40025962
(678) 677-6034
Source:
Markjoneshomes
Added: Oct 29
Last Checked: Oct 29 at 2:35PM
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
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Investment Insights
Based on property information with market context.
This duplex contains two units with a combined total of 4 bedrooms and 2 bathrooms. Tenants currently occupy the property under month-to-month leases, and a fenced yard serves the residents. The building dates to 1900.
Key Highlights
- Two units with a combined 4 bedrooms and 2 bathrooms
- Occupied by tenants on month‑to‑month leases
- Fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,245
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,900
$244.9K
Cap Rate 7%
$174,929
$174.9K
Cap Rate 9%
$136,056
$136.1K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$18.1K $12.12/SF
− Vacancy
−$638 −$0.43/SF
EGI
$17.5K $11.69/SF
− OpEx
−$5.2K −$3.51/SF
NOI
$12.2K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,900
Cap Rate 7%
$174,929
Cap Rate 9%
$136,056
Alternative Uses
Best Use
Multifamily LT 5
$174.9K
$153.1K – $204.1K
NOI $12,245 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$157.6K
$137.9K – $183.8K
NOI $11,030 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$311.7K
$272.8K – $363.7K
NOI $21,822 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
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Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two units provide a combined four bedrooms and two bathrooms, with month-to-month leases and tenants in place.
Where is this duplex located?
The property is located at 805 E 7th Street Pueblo, CO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two units with a combined 4 bedrooms and 2 bathrooms; Occupied by tenants on month‑to‑month leases; Fenced yard
