81 Castle Royal Drive # 87
Pueblo, CO, 81005 $ 595,000
Bedrooms8 Baths6.0 Sq 3,808 Monthly Estimate*
$ 3,757
Listed by Cushman & Wakefield
for $595,000 with 8 bedrooms and 6 full baths. This 3,808 square foot home was built in 1980 on a lot size of 0.33.
Castle Royal Townhomes presents an exceptional opportunity to acquire a well-maintained and extensively renovated four-unit townhome community located at 81 Castle Royal Drive in Pueblo, Colorado. Constructed in 1980 and encompassing approximately 3,808 square feet, the property consists entirely of spacious two-bedroom, one-and-a-half-bathroom townhome-style residences that appeal to a broad tenant base seeking privacy, functional layouts, and outdoor living space. Ownership has completed significant capital improvements throughout the property, with three of the four units undergoing comprehensive interior renovations in 2026. Recent upgrades include new flooring, fresh interior paint, updated bathrooms, new swamp coolers serving all four units, a new roof, new double-pane vinyl windows, and fresh exterior paint. These improvements position the asset as a low-maintenance investment with limited near-term capital expenditure requirements. Each townhome offers desirable features uncommon in many multifamily properties, including private fenced patio areas, individual washer and dryer hookups, and ample off-street parking. Situated on a large lot, the property provides generous parking capacity for residents with multiple vehicles, enhancing tenant convenience and long-term retention. The investment benefits from a straightforward utility structure, with tenants responsible for their own electricity while ownership pays water, sewer, and trash. Combined with the property's strong physical condition, townhome-style configuration, and recent renovations, Castle Royal Townhomes offers investors a stable, turnkey asset in one of Southern Colorado's established rental markets.
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FeaturesGeneralSewer Community Sewer
Heating Baseboard
Cooling Evaporative Cooling
Utilities Electricity Connected
Possession Negotiable
Roof Composition
Zoning R-4
Garage Spaces 0
Construction Materials Frame
Exclusions Seller's personal property.
Year Built 1980
Levels Two
Unit Number 87
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
County Pueblo
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Regency Park 8th
Status Active
High School South
City Pueblo
Senior Community Y/N N
High School District Pueblo City 60
Lot Size Units Acres
Lot Size Square Feet 14374.8
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Goodnight
Tax Annual Amount 2354
Middle/Junior High School Roncalli
Property Condition Updated/Remodeled
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Pueblo City 60
Elementary School District Pueblo City 60
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ExteriorWater Source Public
Total Parking 8
Lot Size Area 0.33
Building Area Total 3808
Lot Size Acres 0.33
Road Responsibility Public Maintained Road
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InteriorCommon Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 3808
Total Bedrooms 8
Entry Level 1
Total Baths 6
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* Excluded FeaturesList ByCushman & WakefieldBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,757
- Monthly Property Taxes
- $196
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Pueblo, CO
Average List Price $564,048
Percent of Sale Price 5%
About Pueblo, CO 110,876 Population
9% Since 2002
$ 36,506 Median Income
38.03 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3317939 Elementary School
3042996 Middle School
South High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $595,000 | | Listed Price |