Log In/Sign Up
Your email has been sent.
3551 Baltimore Ave 7 Unit Apartment Building $975,000 ($139,286/Unit) 8.20% Cap Rate Pueblo, CO 81008
Executive Summary
3551 Baltimore Avenue presents an outstanding opportunity to acquire a well-maintained seven-unit multifamily apartment community in one of Pueblo’s established residential neighborhoods. Built in 1974 and encompassing 6,784 square feet, the property offers a desirable unit mix featuring (3) 1BD/1BA, (3) 2BD/1BA and (1) 4BD/2BA units, 10 off-street parking spaces, coin operated laundry and an attractive investment profile for buyers seeking stable cash flow with long-term appreciation potential. Current ownership has undergone extensive renovations with new floorings, painting, lighting, and kitchen and bathroom remodels. The property’s location provides residents with convenient access to major employers, retail centers, restaurants, schools, parks, and US Highway 50, creating strong appeal for a broad tenant base. The surrounding northwest Pueblo area continues to benefit from steady economic activity driven by healthcare, education, manufacturing, and regional commerce, supporting long-term rental demand. The combination of a desirable location, functional amenities, and manageable seven-unit scale makes 3551 Baltimore Avenue a compelling multifamily investment in Southern Colorado.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $975,000 | Building Class | C |
| Price Per Unit | $139,286 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 6,376 SF |
| Cap Rate | 8.20% | Average Occupancy | 88% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.16/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-5 | ||
| Price | $975,000 |
| Price Per Unit | $139,286 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 6,376 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2025 |
| Parking Ratio | 0.16/1,000 SF |
| Zoning | R-5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 |
| 2+1 | 3 | - | 800 |
| 4+2 | 1 | - | 1,500 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0-5-14-4-24-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $47,250 |
Property Taxes
Parcel Number
0-5-14-4-24-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$47,250
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
