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1516 E Routt Ave, Pueblo, CO 81004

$189,900
  • 1516 E Routt Ave, Pueblo, CO 81004 Main Photo

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New to the Market Active
BEDS1 BATHS2 SQUARE FEET732 MLS#237268
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMinnequa Area SCHOOL60

Property Description

Presenting a rare investment opportunity featuring a beautifully remodeled investment property accompanied by a fully renovated cottage. Both designed to deliver strong, stable rental income with secured 24 month lease terms in place. Each unit has undergone extensive upgrades within the past year, showcasing modern LVP flooring, fresh interior and exterior paint, new roof, updated countertops, brand new cabinetry, and upgraded appliances; creating a turnkey asset with minimal deferred maintenance. Both residences offer private fenced yards- an increasingly south after amenity that enhances tenant satisfaction and long term retention. The thoughtful renovations and functional layouts position these units at the top of their respective rental markets, attracting quality tenants and supporting consistent occupancy. This is a truly exceptional income producing property offering an unmatched cap rate and immediate cash flow, making it an ideal addition to any investors portfolio seeking both performance and stability.

1516 E Routt Ave | MLS# 237268

This multi-family property located at 1516 E Routt Ave, Pueblo, CO 81004 is currently listed for sale with an asking price of $189,900. E Routt Ave is located within the 60 school district. Search Pueblo real estate on www.lisaminder.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Ranch
Lot Size: 0.14 Acres
Taxes: $875
Year Built: 1947

Units

Unit 1:
Bedroom(s): 1
Lease Terms: 12+
Level: Main
Rent: $1450.00
Square Footage: 538
Unit 2:
Lease Terms: 12+
Level: Main
Rent: $845.00
Square Footage: 200

Feature Descriptions

Days on Site: 4
Exterior: Paved Street, Accessory Dwelling
Interior: New Floor Coverings, New Paint
Lot Dimensions: 50x125
Units: 2

Local Schools

School District: 60

Listed By / Shown By

Listed By

Agency Name: Buy Smart Colorado
Agency Phone: (719)310-8464

Shown By

Agent Name: Lisa Minder
Agent Phone: (480) 334-9151
Agency Title: The Cutting Edge, Realtors

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Estimate Your Payment

Estimated Payment

$ 1,063.70 per month $935.40 Principal & Interest $72.92 Property Tax $55.39 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 1:43:19 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Mon 03/02/2026 1:34:44 PM EST) or Pikes Peak REALTORR Services Corp (last updated Mon 03/02/2026 1:30:17 PM EST) or Pueblo MLS (last updated Mon 03/02/2026 12:44:34 PM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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