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Ranch Duplex with Attached Garages
For Sale
$599,900

983-985 S Knox Dr, Pueblo West, CO 81007

MULTI_FAMILY - Ranch - Pueblo West, CO

Property Size2,938 SF
Lot Size0.28 Acres
Price / SF$204.19
Days on Market13

Property Features for 983-985 S Knox Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 4
Parking 4
Parking features Open, Garage - Attached
Window features Double Pane Windows, Vinyl Frames, Window Coverings
Patio and Porch features Patio
Interior features Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Cable TV, Walk-in Shower
Fencing Wood
Basement Crawl Space
Appliances Tankless/On Demand Water Heater, Dishwasher-All, Garbage Disposal-All, Refrigerator-All, Electric Range-All, Microwave Built-In-All
Subdivision Pueblo West Acreage
Lot features Cul-De-Sac, Corner Lot, Rock- Rear, Rock- Front
Elementary school 70
Middle school 70
High school 70
Standard status Active
APN 0622118009
Size 2,938 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 6 BLK 4 TR 348 PUEBLO WEST
Tax Annual Amount 3648
Legal Description LOT 6 BLK 4 TR 348 PUEBLO WEST

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

stainless steel appliances
laminate flooring
tankless water heaters
fully fenced backyard
private patio

Building Details

Year built 2023
Number of units 2
Building materials Frame, Stucco, Copper Plumbing, Plastic Plumbing
Roof type Composition
Architectural style Ranch
Listing Agency: EXIT Realty DTC, Cherry Ck, P.P
Listed By: Rich Mayo
Added: Jul 20 Changed: Aug 1 Last Checked: Aug 1 at 6:06PM
MLS# 241264

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 2023, this ranch-style duplex at 983-985 S Knox Dr in Pueblo West offers 2,938 square feet of finished space on a 0.28-acre lot. The property consists of two units, each featuring three bedrooms, two bathrooms, and an attached two-car garage, for a total of six bedrooms, four bathrooms, and four garage spaces. Both units have private patios and fully fenced backyards.

Interior features include ceiling fans and vaulted ceilings, along with walk-in closets and walk-in showers. The homes are equipped with tankless on-demand water heaters, stainless steel appliances, laminate flooring, and cable TV. Heating is forced air with natural gas, and cooling is provided by central air.

Both units are currently occupied by tenants under leases. Please allow 48 hours’ notice for all showings. Utilities are public, with public water and public sewer, and the roof is composition.

Key Highlights

  • Built in 2023 ranch‑style duplex with 2,938 SF on a 0.28‑acre lot
  • Two units, each with three bedrooms and two bathrooms
  • Attached two‑car garages for each unit (4 total garage spaces)

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 (±1% cap)
NOI $23,964 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$286.9K
$251.0K – $334.7K (±1% cap)
NOI $20,082 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$612.2K
$535.7K – $714.3K (±1% cap)
NOI $42,856 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 81007, CO

33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex built in 2023 in R-3 zoning with central air, natural gas forced air heat, and fenced private patios.
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 $599,900.
What are key features of this property?
This property features: Built in 2023 ranch‑style duplex with 2,938 SF on a 0.28‑acre lot; Two units, each with three bedrooms and two bathrooms; Attached two‑car garages for each unit (4 total garage spaces)
More about this property
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