431 W Grant Avenue, Pueblo

Cushman & Wakefield is pleased to present 431 W Grant Avenue, a quadruplex located just one mile from Downtown Pueblo, CO. This opportunity is primed for an investor looking to benefit from solid, in-place returns as well as reap the reward of continuing to increase rents to market level. Located in the Mesa Junction submarket of Pueblo, 431 W Grant is comprised of 4 units and includes a spacious mix of 2-bedroom and 1-bedroom apartments homes with recent renovations and off-street parking.

The property’s strategic location near the Library District and South end of Downtown along the Arkansas River offers countless dining and retail options, further enhancing its appeal. Additionally, the adjacency to nearby parks and suburban amenities throughout Mesa Junction including Bruner Park, Jackson Park, and Dutch Clark Stadium allows new coming residents to feel right at home.

431 W Grant Avenue is perfectly positioned to capitalize on the high rental demand in the Pueblo market. The allure of this asset is further amplified by the opportunity to enhance operational efficiency through increased rental income, implementation of a utility bill-back system, as well as the limited number of performing properties currently available in the market.

Please call 417-459-2155 for any listing questions or inquiries.

Cushman & Wakefield.

Essential Information

MLS® #6554944

Price$475,000

Bedrooms6

Bathrooms4.00

Square Footage2,995

Acres0.00

Year Built1940

TypeIncome

Sub-TypeQuadplex

StatusActive

Community Information

Address431 W Grant Avenue

SubdivisionMesa

CityPueblo

CountyPueblo

StateCO

Zip Code81004

Interior

HeatingForced Air

CoolingOther

StoriesSplit Entry (Bi-Level)

Has BasementYes

BasementFinished

Exterior

RoofArchitecural Shingle

School Information

DistrictPueblo City 60

ElementaryColumbian

MiddleCorwin International Magnet

HighCentral

Additional Information

Date ListedJanuary 19th, 2024

ZoningR-3

Parking Spaces4

Listing Details

Cushman & Wakefield

Property History

Feb. 20Price Reduced from $489,500 to $475,000

Feb. 12Price Reduced from $499,000 to $489,500