Duplex with Attached
New
For Sale
$495,000
816 Elm, Pueblo, CO 81004
Residential Income, Pueblo, CO
Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$206.25
Days on Market2
Property Features for 816 Elm
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R-4
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
Parking
2
Parking features
Open, Garage - Attached
Window features
Double Pane Windows
Interior features
New Paint
Fireplace
1
Appliances
Dishwasher-All, Refrigerator-All, Electric Range-All
Subdivision
Central High School
Elementary school
D60
Middle school
D60
High school
D60
Standard status
Active
APN
1501131016
Size
2,400 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 30 + 31 BLK 9 VAN KEUREN + VASSAULT
Tax Annual Amount
377
Legal Description
LOTS 30 + 31 BLK 9 VAN KEUREN + VASSAULT
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2027
Number of units
2
Building materials
Frame, Plastic Plumbing
Roof type
Composition
Buildings
1
Listing Agency:
HomeSmart Preferred Realty · HomeSmart International
(719) 582-1046
Listed By:
Sherri Hood
(719) 322-4727
Added: Oct 28
Last Checked: Oct 29 at 9:06AM
MLS# 242976
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.
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Investment Insights
Based on property information with market context.
This duplex is under construction on a 0.14-acre lot. The 2,400-square-foot property is arranged as two 1,200-square-foot units, each with three bedrooms, two full bathrooms, a fireplace, and an attached two-car garage. The package includes a dishwasher, refrigerator, and electric range for each unit, along with tenant placement. Forced-air heating and central air conditioning are specified, with public water and sewer service.
Key Highlights
- Two 1,200‑square‑foot units in a 2,400‑square‑foot duplex
- Each unit has 3 bedrooms and 2 full bathrooms
- Attached 2‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,645
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,900
$392.9K
Cap Rate 7%
$280,643
$280.6K
Cap Rate 9%
$218,278
$218.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$29.1K $12.12/SF
− Vacancy
−$1.0K −$0.43/SF
EGI
$28.1K $11.69/SF
− OpEx
−$8.4K −$3.51/SF
NOI
$19.6K $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%
$392,900
Cap Rate 7%
$280,643
Cap Rate 9%
$218,278
Alternative Uses
Best Use
Multifamily LT 5
$280.6K
$245.6K – $327.4K
NOI $19,645 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$252.8K
$221.2K – $294.9K
NOI $17,695 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$500.1K
$437.6K – $583.5K
NOI $35,008 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
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Business Placement
Demographics for 81004, CO
26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
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 residential units combine three-bedroom layouts with attached garage parking and included appliances.
Where is this duplex located?
The property is located at 816 Elm Pueblo, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two 1,200‑square‑foot units in a 2,400‑square‑foot duplex; Each unit has 3 bedrooms and 2 full bathrooms; Attached 2‑car garage for each unit
