Updated Duplex with Private
For Sale
$274,900
914 W 13th Street, Pueblo, CO 81003
Two separate units provide flexible occupancy, complemented by yard space and off-street parking.
Property Size1,283 SF
Price / SF$214.26
Days on Market155
Property Features for 914 W 13th Street
General Information
Standard status
Active
Size
1,283 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,318
Amenities
yard
Building Details
Year Built
1900
Buildings
1
Listing Agency:
The Saucedo Real Estate Group
(719) 564-6622
Listed By:
Rosalind Saucedo · License #40019100
(719) 320-1822
Source:
Exitrealty
Added: Apr 9
Changed: Sep 5
Last Checked: Sep 10 at 7:51AM
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 The Saucedo Real Estate Group
Investment Insights
Based on property information with market context.
This duplex includes two separate units, each with its own private entrance and comfortable living areas. Modern updates are incorporated throughout while the property retains the character of a Pueblo home. A generous yard and off-street parking add practical outdoor and vehicle-storage space.
Located at 914 W 13th St in Pueblo, the property is near local shops, schools, and public transportation. The two-unit layout accommodates separate household arrangements within one residential property.
Located at 914 W 13th St in Pueblo, the property is near local shops, schools, and public transportation. The two-unit layout accommodates separate household arrangements within one residential property.
Key Highlights
- Two‑unit duplex configuration
- Separate private entrances for each unit
- Modern updates throughout both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$210,040
$210.0K
Cap Rate 7%
$150,029
$150.0K
Cap Rate 9%
$116,689
$116.7K
Market Conditions
NOI Build-Up for 1,283 SF
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.
Gross rent
$15.5K $12.12/SF
− Vacancy
−$547 −$0.43/SF
EGI
$15.0K $11.69/SF
− OpEx
−$4.5K −$3.51/SF
NOI
$10.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$210,040
Cap Rate 7%
$150,029
Cap Rate 9%
$116,689
Alternative Uses
Best Use
Multifamily LT 5
$150.0K
$131.3K – $175.0K
NOI $10,502 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$135.1K
$118.2K – $157.7K
NOI $9,459 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$267.4K
$233.9K – $311.9K
NOI $18,715 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two separate units provide flexible occupancy, complemented by yard space and off-street parking.
Where is this duplex located?
The property is located at 914 W 13th Street Pueblo, CO.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑unit duplex configuration; Separate private entrances for each unit; Modern updates throughout both units
