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$249,500
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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.
Full Property Details
Full Property Details for 706 Topeka Ave
General
- Price: $249,500
- Taxes: $1,489 (2025)
- Status: Active
- Type: Duplex
- Source: Pueblo_Association_of_Realtors_PAR
- MLS ID: 240608
- Updated: 6/13/2026
- Added to Site: 28 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: 1 Car Attached Garage
Location
- Area: South
- County: Pueblo
School Information
- School District: 60
Structural Information
- Architectural Style: Ranch
- Basement Desc.: Unfinished
- Square Feet: 2,496
- Year Built: 1928
Unit Information
Unit 1
- Square Feet: 2016
- Total Bathrooms: F
- Bedrooms: 2
Unit 2
- Square Feet: 480
- Total Bathrooms: F
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 125 x 50
- Zoning: R-4
Financial Considerations
- Tax Amount: $1,489
- Tax Year: 2025
Listed by Buy Smart Colorado, Caleb Skelton
Get Pre-Approved Today
Schools
Schools serving 706 Topeka Ave
School District:Pueblo City School District 60
| Name | Grades | Distance |
|---|---|---|
Bessemer Elementary School 1125 East Routt Avenue, Pueblo, CO 81004 | PK-8 | 0.7 mi |
Risley International Academy of Innovation 925 North Monument Avenue, Pueblo, CO 81001 | 6-8 | 2.1 mi |
Central High School, Pueblo, CO 216 East Orman Avenue, Pueblo, CO 81004 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 706 Topeka Ave
Date
Details
Price
Change
Source
6/13/2026
Listed
$249,500
82.12%
MLS
1/05/2024
Sold
$137,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 706 Topeka Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,644
8%
$16,510
7%
2024
$1,527
-1%
$15,490
-19%
2023
$1,535
13%
$19,180
40%
2022
$1,361
-3%
$13,710
-3%
2021
$1,405
—
$14,110
5%
2021
$1,405
54%
$13,480
49%
2019
$913
174%
$9,042
48%
2018
$333
-1%
$6,099
—
2017
$336
4%
$6,099
4%
2016
$323
—
$5,868
—
2015
$322
-7%
$5,868
-6%
2014
$345
2%
$6,210
—
2013
$338
—
$6,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 706 Topeka Ave
706 Topeka Ave, Pueblo, CO 81006 (MLS# 240608) is a Duplex property with 4 bedrooms and 2 full bathrooms. 706 Topeka Ave is currently listed for $249,500 and was received on June 13, 2026. Want to learn more about 706 Topeka Ave? Do you have questions about finding other Duplex real estate for sale in Pueblo? You can browse all Pueblo real estate or contact a Coldwell Banker agent to request more information.

