715-721 E Laporte Dr · Pueblo West, CO 81007

$700,000

12 bd · 8.0 ba · — sqft · MultiFamily · 72 Days on market

Built 1998 Good condition 0.28 ac lot ↓ 7% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.7/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

Strong investment opportunity featuring a well-designed 4-plex in Pueblo West with four spacious units, two upper and two lower, each offering a desirable 3-bedroom, 2-bath layout that supports consistent tenant demand. The property includes four attached one-car garages, a shared courtyard for outdoor enjoyment, and central air conditioning for year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit further enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements ideal for families or roommates. Owner pays water and trash, helping simplify utility management. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. Don't miss this opportunity to add a stable, rent-ready 4-plex with strong tenant appeal to your investment portfolio.

Key facts

• 0.28 acre lot
• 4 garage spots
• Built 1998

Property features AI

Finance

• Financial info: Financing terms accepted: Cash, Conventional, VA; Unit rents listed: $1,300; $1,495; $1,295; $1,450

Exterior

• Parking: 4 total parking spaces; Each unit includes 1 garage space
• Utilities: Municipal water; Electricity available; Cable available
• Home design: Fourplex (multi-unit property); Existing construction
• Construction: Not applicable foundation details
• Exterior features: Framed on lot; Stucco siding; Composite shingle roof

Interior

• Kitchen: Dishwasher; Garbage disposal; Kitchen vent fan; Oven; Range (gas/electric)
• Bedrooms: Total of 12 bedrooms across units; Each unit has 3 bedrooms
• Bathrooms: Total of 8 bathrooms across units; Each unit has 2 bathrooms
• Interior features: Ceiling fans; Central air conditioning; Forced air heating; Natural gas heating
• Laundry & utility: Electric laundry hook-up

What this means for you Summary

Snapshot

• This is a 4 × 3-bed/2.0-bath units multifamily listed at $700k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $952 ($11k/yr) — positive. Per door: $238/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($7k rent vs $700k).
• Recommended offer: $658k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 3.6% in Pueblo West — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#189 in CO) — a middle-class / working-renter tenant base. Strengths: housing A+, employment B+; Watch: health & safety C-, schools D+, crime F.
• Pueblo County School District 70 (suburban): math 24% / reading 43% proficiency, ranked #40 of 86 in CO (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.1%/yr); 633 active listings in the ZIP; solid renter incomes; 269 units permitted in Pueblo County in 2024 (0 in 5+ unit buildings).
• At $7,329/mo this rent would consume 91% of the median local household income ($97k/yr) (locally 353% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $21k of value loss. Plan a longer hold.
• Pueblo County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($658k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $50k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $658,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 7.93%
• Cash-on-cash: 5.83%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.7%
• Equity multiple: 0.62×
• Total profit: $-74,141
• Equity at exit: $104,372

10-year hold

• IRR: -6.3%
• Equity multiple: 0.65×
• Total profit: $-69,012
• Equity at exit: $60,523

Cash invested: $196,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81007

• Home prices YoY: -22.9%
• Rents YoY: -0.1%
• Active inventory: 633
• Price-to-rent: 31.8×

Monthly cashflow live

• Estimated rent: $7,329 high
• Mortgage (P&I): −$3,671
• Tax est. 1.5%: −$875 /mo · $10,500/yr
• Insurance: −$292
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,539
• Net cashflow: $952

Break-even live

Break-even rent $6,123

Max offer price $700,000

Occupancy floor 82%

Sensitivity live

Price	-10% $1,436	-5% $1,194	+0% $952	+5% $710	+10% $469
Rent	-10% $373	-5% $663	+0% $952	+5% $1,242	+10% $1,531
Rate	-1.0pp $1,305	-0.5pp $1,130	base $952	+0.5pp $771	+1.0pp $586

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	3	2	$7,328
Total (4 units)			$7,329

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $175,000
• Closing costs: $21,000
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $700,000 Active 72 DOM
2. 2026-06-18
   days on market $700,000 Active 71 DOM
3. 2026-06-17
   days on market $700,000 Active 70 DOM
4. 2026-06-16
   days on market $700,000 Active 69 DOM
5. 2026-06-15
   days on market $700,000 Active 68 DOM
6. 2026-06-14
   days on market $700,000 Active 66 DOM
7. 2026-06-13
   days on market $700,000 Active 65 DOM
8. 2026-06-10
   days on market $700,000 Active 63 DOM
9. 2026-06-09
   days on market $700,000 Active 62 DOM
10. 2026-06-08
    days on market $700,000 Active 61 DOM
11. 2026-06-07
    days on market $700,000 Active 60 DOM
12. 2026-06-05
    days on market $700,000 Active 57 DOM
13. 2026-06-03
    days on market $700,000 Active 56 DOM
14. 2026-06-02
    days on market $700,000 Active 55 DOM
15. 2026-06-01
    days on market $700,000 Active 54 DOM
16. 2026-05-31
    days on market $700,000 Active 53 DOM
17. 2026-05-30
    days on market $700,000 Active 52 DOM
18. 2026-05-18
    price $700,000 1462-char remark

    Show marketing remark (1462 chars)

    Strong investment opportunity featuring a well-designed 4-plex in Pueblo West with four spacious units, two upper and two lower, each offering a desirable 3-bedroom, 2-bath layout that supports consistent tenant demand. The property includes four attached one-car garages, a shared courtyard for outdoor enjoyment, and central air conditioning for year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit further enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements ideal for families or roommates. Owner pays water and trash, helping simplify utility management. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. Don't miss this opportunity to add a stable, rent-ready 4-plex with strong tenant appeal to your investment portfolio.

19. 2026-05-18
    price $700,000

    Show marketing remark (1462 chars)

    Strong investment opportunity featuring a well-designed 4-plex in Pueblo West with four spacious units, two upper and two lower, each offering a desirable 3-bedroom, 2-bath layout that supports consistent tenant demand. The property includes four attached one-car garages, a shared courtyard for outdoor enjoyment, and central air conditioning for year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit further enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements ideal for families or roommates. Owner pays water and trash, helping simplify utility management. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. Don't miss this opportunity to add a stable, rent-ready 4-plex with strong tenant appeal to your investment portfolio.

20. 2026-04-08
    listed $750,000 Active

    Show marketing remark (1462 chars)

    Strong investment opportunity featuring a well-designed 4-plex in Pueblo West with four spacious units, two upper and two lower, each offering a desirable 3-bedroom, 2-bath layout that supports consistent tenant demand. The property includes four attached one-car garages, a shared courtyard for outdoor enjoyment, and central air conditioning for year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit further enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements ideal for families or roommates. Owner pays water and trash, helping simplify utility management. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. Don't miss this opportunity to add a stable, rent-ready 4-plex with strong tenant appeal to your investment portfolio.

21. 2026-04-08
    listed $750,000 Active 1462-char remark

    Show marketing remark (1462 chars)

    Strong investment opportunity featuring a well-designed 4-plex in Pueblo West with four spacious units, two upper and two lower, each offering a desirable 3-bedroom, 2-bath layout that supports consistent tenant demand. The property includes four attached one-car garages, a shared courtyard for outdoor enjoyment, and central air conditioning for year-round comfort. Each unit offers durable, tenant-friendly finishes including wood-laminate flooring in the living rooms, lighted ceiling fans, and window blinds throughout. Kitchens are designed for functionality and long-term use with ample white cabinetry, generous counter space, a pantry, and appliances including a dishwasher, electric range/oven, vent hood, and refrigerator. Laundry hookups in each unit further enhance rental appeal. Primary suites feature neutral carpeting, lighted ceiling fans, and private attached bathrooms with vanity, mirror, and tub/shower. Two additional bedrooms are served by a full secondary bathroom, creating flexible living arrangements ideal for families or roommates. Owner pays water and trash, helping simplify utility management. Conveniently located near schools, parks, and shopping, with easy access to Highway 50 offering quick connectivity to Interstate 25 and Pueblo State Park for outdoor recreation including boating, camping, and hiking. Don't miss this opportunity to add a stable, rent-ready 4-plex with strong tenant appeal to your investment portfolio.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 6 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $87,948
• − Mortgage interest: −$39,211
• − Property taxes: −$10,500
• − Insurance: −$3,500
• − Repairs & maintenance: −$7,036
• − Management: −$7,036
• − Depreciation: −$20,364
• Taxable income: $302
• Est. tax owed @ 24.0%: −$72
• After-tax cash flow: $11,356/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 11 photos

Good 75/100 Cosmetic rehab

This 4-plex in Pueblo West is in good condition with minimal repairs needed. It offers spacious units, central air, and a shared courtyard, making it a strong investment opportunity.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and creates a more inviting environment.
• Both New flooring in bathrooms — Improves functionality and appearance in high-traffic areas.
• Both New kitchen appliances — Updates the kitchen and makes it more appealing to potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and creates a more inviting environment. ↑
• Both New flooring in bathrooms — Improves functionality and appearance in high-traffic areas. ↑
• Both New kitchen appliances — Updates the kitchen and makes it more appealing to potential buyers/tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Pueblo County School District 70
• NCES district ID: 0806150
• Math proficiency: 24% ▼ -4.00%
• Reading proficiency: 43% ▼ -2.00%
• Median HH income: $59,438
• Composite: 29.93/100
• National rank: #6381
• State rank: #40 of 86 in CO

Livability — Pueblo West

• Score: 63/100
• State rank: #189
• US rank: #15760

Category grades

Amenities F Commute F Cost of living B- Crime F Employment B+ Housing A+ Health & safety C- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pueblo West, CO
• County: Pueblo County · 151,887 people
• Metro: Pueblo, CO
• Population (ZIP): 35,690
• Household income: $96,713
• Rent vs Own: 12.7% rent · 87.3% own
• Severe rent burden: 353.0

Population outlook (Pueblo County) Hauer SSP2

• Today (2025): 173,240 people
• By 2030: 177,716 · +2.6%
• By 2040: 185,125 · +6.9%
• By 2050: 190,642 · +10.0%
• By 2075: 201,611 · +16.4%
• By 2100: 196,443 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 29% Two or more races 11% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Pueblo

• 2024 margin: Lean R (+5.1) · D 46.2% · R 51.3% · Other 2.5%
• 2008→2024 swing: -20.1pp toward R · 2008: 15.0pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+1.7 2016: D+0.3 2012: D+13.1 2008: D+15.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.80%
• Current HPI: 279.191
• Rent YoY: ▼ -0.10%
• Metro: Pueblo, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

-6.7% since first listed

4 events — show timeline

• 2026-05-18 Price Changed $700,000 PARMLS
• 2026-05-18 Price Changed $700,000 elevateMLS
• 2026-04-08 Listed $750,000 elevateMLS
• 2026-04-08 Listed $750,000 PARMLS