Address
706 Topeka Ave, Pueblo, CO
Price
$ 249,500
Property Attributes
- MLS#240608
- TypeMulti-Family
- Listing Status Active
- CountyPueblo
- CityPueblo
- AreaSouth
- NeighborhoodCentral High School
- Zip81006
- Style
- Year Built1928
- Taxes$ 1489
- Price$ 249,500
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2496
- Lot Size0.14 Acres
Data Source:
Pueblo Association Of REALTORS® (PAOR)
Property Description
Rare investment opportunity in Pueblo at an attractive price point! This unique property includes both a single-family home and a detached cottage, offering immediate cash flow with long-term stability. Both units are occupied by long-term tenants who have remained in place since the property was remodeled in 2024. The larger home features a huge unfinished basement, providing multiple opportunities for additional storage, future finishing, or value-add potential. The owner pays water, while tenants are responsible for electric, gas, and trash, helping keep operating expenses low. Current rental income is $2,788 per month, generating over $33,000 annually. The front unit includes a detached garage, and both units enjoy their own private fenced yards. The rear cottage is accessed through the alley, providing added privacy and convenience. Whether you're looking to expand your portfolio or purchase a turnkey investment property with upside potential, this is a rare chance to acquire a cash-flowing asset in today's market.
| Price History | |
|---|---|
| 6/13/2026 | Listed $249,500 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Baseboard |
| Roof | Composition |
| Appliances | Refrigerator-All,Electric Range-All |
| Zoning | R-4 |
| Garage Spaces | 1 |
| Gas Y/N | Xcel |
| Association Fee Includes | None |
| Patio/Porch Features | None |
| Architectural Style | Ranch |
| Construction Materials | Frame |
| Year Built | 1928 |
| Electric | BlackHills |
| Property Subtype | Duplex |
| OwnerPays | Water |
| County | Pueblo |
| New Construction | false |
| Property Type | Residential Income |
| Association Amenities | None |
| HOA | false |
| Attached Garage | true |
| Subdivision Name | Central High School |
| Garage Y/N | true |
| Status | Active |
| Directions | South on Santa Fe, East on Arroyo, Left on Egan, left on Topeka |
| City | Pueblo |
| High School District | 60 |
| Number Of Units Total | 2 |
| MLS Area | South |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6098.4 |
| Carport Y/N | false |
| Tax Annual Amount | 1489 |
| Ok to Lease | 12 Months |
| Additional Parcels Y/N | false |
| Structure Type | Front & Back |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | 60 |
| Elementary School District | 60 |
| Total Actual Rent | 2788 |
| Legal Description | LOTS 132 + 133 FRANCES SUB |
Interior Features
| Interior Amenities | New Paint |
|---|---|
| Basement | Unfinished |
| Flooring | New Floor Coverings |
| Fireplace Features | Gas Log(s)-None,None,Pellet-None |
| Heating Y/N | true |
| Window Features | Other-See Remarks |
| Fireplace Y/N | true |
| Laundry Features | W/D Hookups in All Units |
| Total Bedrooms | 4 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Court House |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Parking Features | 1 Car Garage Attached |
|---|---|
| Water Source | Public |
| Total Parking | 1 |
| Lot Size Area | 6098.4 |
| Spa | false |
| Building Area Total | 2496 |
| Lot Dimensions | 125 x 50 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Paved |
| Covered Spaces | 1 |
| Irrigation Water Rights Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 81006
Price
Taxes
Year Built
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