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Duplex with Office/Residential Flexibility

825 N Greenwood St Pueblo, CO 81003

825 N Greenwood St, Pueblo, CO, 81003
$490,000
For Sale
$490,000

MULTI_FAMILY - Ranch - Pueblo, CO

Property Size2,499 SF
Lot Size0.25 Acres
Price / SF$196.08
Days on Market47

Property Features for 825 N Greenwood St

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
B-4
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1
Parking features
On Street, RV, Garage, Offsite
Security features
Security System
Window features
Double Pane Windows, Vinyl Frames
Patio and Porch features
Patio, Porch
Interior features
New Paint
Exterior features
Outdoor Lighting-Rear
Fencing
Fenced
Basement
Crawl Space
Appliances
Refrigerator-Some
Standard status
Active
APN
0525446023
Size
2,499 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
THE N 40 FT OF LOTS 1, 2 + 3 + THE N 41 FT OF THE S 80 FT OF LOT 3 + THE N 41 FT OF THE S 80 FT OF THE W 40 FT OF LOT 2 BLK 33 COUNTY ADD. A/K/A PARCEL ""A""N 41 FT OF S 80 FT OF LOT 1 + N 41 FT OF S
Tax Annual Amount
2532

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
Frame, Stucco, Copper Plumbing
Roof type
Composition
Architectural style
Ranch
Listing agency LoKation Real Estate
Listed by Jesse Gamez
Added: Jun 5 Updated: Jun 12 at 9:32AM Checked: Jul 21 at 10:06AM
MLS# 240422

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.


Investment Insights

Based on property information with market context.

This one-of-a-kind duplex includes two separate units at 815 and 825 Greenwood, each with its own front covered porch entrance. Unit 815 features three office rooms, an oversized conference room, a network hub room, storage closet, and a half bathroom, with handicap accessibility noted at the covered porch entrance. Unit 825 offers four office rooms plus an oversized conference room and reception area, with original wood floors, a kitchen with break area, and a half bathroom, also with separate front and rear entries to the patio. A second-floor living area apartment at 825 provides an additional option for renting.

The property is zoned B-4 and sits on a 0.25-acre site. A hallway connects the two parts of the building with a private door leading to the patio and the back parking area. The patio is accessible to both units. The fully fenced back parking includes several entrance gates, and the building has private rear door entrances for each unit. Security bars are installed on all double pane windows.

Recent improvements include new exterior paint and a roof (2025), along with updated energy-efficient lighting fixtures in every room. Network wiring and a phone system are in place, supporting professional office use and room-by-room leasing. With multiple entrances, an accessible front porch, and on-site conference and reception spaces, the layout is well suited for office users or owners seeking a combination of professional tenancy and residential flexibility.

Key Highlights

  • Duplex with 2 separate units at 815 and 825 Greenwood, each with private entrances to front porch area and rear patio/parking
  • 815 Greenwood: 3 office rooms plus oversized conference room, network hub room, storage closet, and 1/2 bathroom
  • 825 Greenwood: 4 office rooms plus oversized conference room and reception area, with kitchen/break area and 1/2 bathroom

Local Financial Insights For Office B

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 $37.5k $15.00
− Vacancy −$975 −$0.39
EGI $36.5k $14.61
− OpEx −$9.1k −$3.65
NOI $27.4k $10.96
2,499 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$391.2K
$342.3K – $456.4K (±1% cap)
NOI $27,383 @ 7.0% cap · market cap 5.59%
Second Best
Multifamily LT 5
$292.2K
$255.7K – $340.9K (±1% cap)
NOI $20,455 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$520.7K
$455.7K – $607.5K (±1% cap)
NOI $36,452 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manzanares Tax Service ... Tax Preparation

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Pet Store & Service

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

FAQs

What type of property is this?
Duplex - Two-unit duplex offers office-ready interiors, handicap-accessible entrances, and a shared patio with fenced back parking.
Where is this duplex located?
The property is located at 825 N Greenwood St Pueblo, CO.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Duplex with 2 separate units at 815 and 825 Greenwood, each with private entrances to front porch area and rear patio/parking; 815 Greenwood: 3 office rooms plus oversized conference room, network hub room, storage closet, and 1/2 bathroom; 825 Greenwood: 4 office rooms plus oversized conference room and reception area, with kitchen/break area and 1/2 bathroom
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