Newer Duplex Investment
983-985 S Knox Dr Pueblo West, CO 81007
New
For Sale
$699,900
Built in 2023, this duplex features two leased units with private patios and attached two-car garages.
Property Size2,938 SF
Price / SF$238.22
Days on Market4
Property Features for 983-985 S Knox Dr
General Information
- Standard status
- Active
- Size
- 2,938 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2023
Listing Agency:
EXIT Realty DTC, Cherry Ck, P.P
(719) 369-2766
Listed By:
Rich Mayo · License #100053306
(719) 369-2766
Source:
Exitrealty
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 3:18AM
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 EXIT Realty DTC, Cherry Ck, P.P
Investment Insights
Based on property information with market context.
Built in 2023, this duplex offers nearly 3,000 square feet of finished living space with two separate units. Each unit includes three bedrooms and two bathrooms, plus an attached two-car garage. Interior finishes and amenities include stainless steel appliances, laminate flooring, and energy-efficient tankless water heaters. Outside, each unit has a fully fenced backyard and its own private patio.
The property is located in Pueblo West, Colorado. Both units are currently occupied under leases, providing immediate rental income for a new owner. Please allow 48 hours’ notice for all showings.
From a practical configuration standpoint, the layout supports resident separation with individual garages and private outdoor space for each unit.
The property is located in Pueblo West, Colorado. Both units are currently occupied under leases, providing immediate rental income for a new owner. Please allow 48 hours’ notice for all showings.
From a practical configuration standpoint, the layout supports resident separation with individual garages and private outdoor space for each unit.
Key Highlights
- Duplex built in 2023 in Pueblo West with nearly 3,000 SF of finished living space
- Each unit has 3 bedrooms, 2 bathrooms, and an attached 2‑car garage (6 beds, 4 baths total; 4 garage spaces)
- Both units include stainless steel appliances and laminate flooring
Financial Insights For Multifamily LT 5
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 | $35.3k | $12.00 |
| − Vacancy | −$1.0k | −$0.35 |
| EGI | $34.2k | $11.65 |
| − OpEx | −$10.3k | −$3.50 |
| NOI | $24.0k | $8.16 |
2,938 SF · lease $12.00/SF/yr · vacancy 2.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$342.3K
$299.6K – $399.4K
NOI $23,964 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$286.9K
$251.0K – $334.7K
NOI $20,082 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$612.2K
$535.7K – $714.3K
NOI $42,856 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2023, this duplex features two leased units with private patios and attached two-car garages.
Where is this duplex located?
The property is located at 983-985 S Knox Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Duplex built in 2023 in Pueblo West with nearly 3,000 SF of finished living space; Each unit has 3 bedrooms, 2 bathrooms, and an attached 2‑car garage (6 beds, 4 baths total; 4 garage spaces); Both units include stainless steel appliances and laminate flooring
