Furnished Triplex with Vaulted
For Sale
$389,500
900 Elm St, Pueblo, CO 81004
Three updated one-bedroom units include shared laundry, central heat, and individual evaporative cooling.
Property Size3,152 SF
Price / SF$123.57
Days on Market87
Property Features for 900 Elm St
General Information
Standard status
Active
Size
3,152 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Additional Details
Furnished
Yes
Amenities
shared laundry room
keypad entry
Building Details
Year Built
1903
Buildings
1
Listing Agency:
HomeSmart Preferred Realty
Listed By:
Anita Salas · License #100081414
(719) 924-2843
Source:
719coloradohome
Added: Jul 23
Changed: Oct 1
Last Checked: Oct 16 at 8:58AM
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 HomeSmart Preferred Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,152-square-foot triplex at 900 Elm St in Pueblo, Colorado, contains three furnished one-bedroom, one-bath units. Built in 1903, the property sits on a corner lot and features vaulted ceilings, laminate flooring, modern appliances, and keypad entry. Furnishings include mattresses, TVs, and linens.
Residents share a laundry room equipped with a full-size washer and dryer. Central heating serves the property, while each unit has its own evaporative cooler. A newer 75-gallon water heater supports the building. The property is located in the Central High School area.
Residents share a laundry room equipped with a full-size washer and dryer. Central heating serves the property, while each unit has its own evaporative cooler. A newer 75-gallon water heater supports the building. The property is located in the Central High School area.
Key Highlights
- Three one‑bedroom, one‑bath units in a triplex
- 3,152 square feet on a corner lot
- Fully furnished with mattresses, TVs, and linens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,800
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,000
$516.0K
Cap Rate 7%
$368,571
$368.6K
Cap Rate 9%
$286,667
$286.7K
Market Conditions
NOI Build-Up for 3,152 SF
Gross rent
$38.2K $12.12/SF
− Vacancy
−$1.3K −$0.43/SF
EGI
$36.9K $11.69/SF
− OpEx
−$11.1K −$3.51/SF
NOI
$25.8K $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%
$516,000
Cap Rate 7%
$368,571
Cap Rate 9%
$286,667
Alternative Uses
Best Use
Multifamily LT 5
$368.6K
$322.5K – $430.0K
NOI $25,800 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$332.0K
$290.5K – $387.3K
NOI $23,239 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$656.8K
$574.7K – $766.3K
NOI $45,977 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three updated one-bedroom units include shared laundry, central heat, and individual evaporative cooling.
Where is this triplex located?
The property is located at 900 Elm St Pueblo, CO.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath units in a triplex; 3,152 square feet on a corner lot; Fully furnished with mattresses, TVs, and linens
