Triplex with Private Outdoor
New
For Sale
$449,000
901-903 E Evans Ave, Pueblo, CO 81004
Residential Income, Pueblo, CO
Property Size3,966 SF
Lot Size0.13 Acres
Price / SF$113.21
Days on Market5
Property Features for 901-903 E Evans Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-4
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking features
Offsite
Window features
Single Pane Window(s), Double Pane Windows
Patio and Porch features
Porch
Interior features
Walk-in Shower
Fencing
Wood
Basement
Partially Finished, Full
Appliances
Dishwasher-All, Refrigerator-All, Electric Range-All, Microwave Built-In-Some, Washer-Some, Dryer-Some
Subdivision
Central High School
Lot features
Corner Lot, Trees- Rear, Rock- Front, Trees- Front
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
1501406013
Size
3,966 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 8 FT OF LOT 34 + ALL LOT 35 BLK 8 BESSEMER
Tax Annual Amount
2262
Legal Description
N 8 FT OF LOT 34 + ALL LOT 35 BLK 8 BESSEMER
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating), Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Amenities
rock landscaping
private outdoor spaces
shared laundry
Building Details
Year built
1903
Floors in Building
2
Number of units
3
Building materials
Frame, Stucco
Roof type
Composition
Listing Agency:
Keller Williams Performance Realty · Keller Williams Realty
(719) 583-1100
Listed By:
Jami Baker Orr Team
(719) 647-7252
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 6 at 9:06PM
MLS# 242589
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.
Built in 1903, this three-unit residential property contains 3,966 square feet on a 0.13-acre parcel and is zoned R-4. The unit mix comprises one-, two-, and three-bedroom residences, each with one bathroom. Four storage rooms and shared laundry with a card-operated washer and coin-operated dryer are additional features. The building has frame and stucco construction, baseboard and hot-water heating, and wall-unit cooling.
Private outdoor areas include a fenced side yard for the two-bedroom unit and backyard access from the upper residence. The three units each have two private entrances. Interior layouts include open kitchen and living areas in the one- and three-bedroom units, while the two-bedroom residence has separate living and dining rooms. A walk-in shower is present in the lower-level unit.
Private outdoor areas include a fenced side yard for the two-bedroom unit and backyard access from the upper residence. The three units each have two private entrances. Interior layouts include open kitchen and living areas in the one- and three-bedroom units, while the two-bedroom residence has separate living and dining rooms. A walk-in shower is present in the lower-level unit.
Key Highlights
- Three‑unit mix: one 1‑bedroom, one 2‑bedroom, and one 3‑bedroom residence
- 3,966 square feet on a 0.13‑acre lot
- R‑4 zoning; built in 1903
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,463
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,260
$649.3K
Cap Rate 7%
$463,757
$463.8K
Cap Rate 9%
$360,700
$360.7K
Market Conditions
NOI Build-Up for 3,966 SF
Gross rent
$48.1K $12.12/SF
− Vacancy
−$1.7K −$0.43/SF
EGI
$46.4K $11.69/SF
− OpEx
−$13.9K −$3.51/SF
NOI
$32.5K $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%
$649,260
Cap Rate 7%
$463,757
Cap Rate 9%
$360,700
Alternative Uses
Best Use
Multifamily LT 5
$463.8K
$405.8K – $541.1K
NOI $32,463 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$417.7K
$365.5K – $487.3K
NOI $29,240 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$826.4K
$723.1K – $964.2K
NOI $57,851 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
896
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences have separate entrances, with outdoor areas assigned to two units and a shared backyard.
Where is this triplex located?
The property is located at 901-903 E Evans Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three‑unit mix: one 1‑bedroom, one 2‑bedroom, and one 3‑bedroom residence; 3,966 square feet on a 0.13‑acre lot; R‑4 zoning; built in 1903
