About This Home

This 4-bedroom, 3-bathroom residential multi family at 481 Main St in Springfield, CO is listed for $120,000 ($43 per sqft). Built in 1926, the home offers 2,762 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1926
  • 0.29 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
1926

Amenities

Fireplace
Listing Description

Investment Opportunity! Add this 3-unit apartment building to your investment portfolio! With a mix of unit sizes and recent updates, this property offers excellent rental potential and room for future value. The building includes shared laundry hookups in a central common area, off-street parking for tenant convenience, and kitchen appliances in each unit.

The units include: Unit 1: 1 bedroom, 1 bathroom on the main level. Unit 2: 2 bedrooms, 1 bathroom, plus a bonus room, located on the upper level. Unit 3: 1 bedroom, 1 bathroom, located on the main level at the rear of the building. The property has undergone some updates and is currently livable, providing an opportunity to generate rental income while continuing to make improvements and build equity. Whether you're a seasoned investor or just starting your portfolio, this multi-unit property is full of potential.

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

481 Main St

Springfield, CO 81073

Features & Amenities

Interior Features

Ceiling Fan(s)Walk-in Shower

Exterior Features

Outdoor Lighting-RearOutdoor Lighting-Front

Property Details

Construction

Brick

Outdoor Features

Porch

Parking

None

Heating

Floor FurnaceWall Furnace

Appliances

Dishwasher-NoneRefrigerator-AllGas Range-SomeElectric Range-SomeWasher-NoneDryer-None

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 481 Main St is listed at $120,000 ($43/sqft). The estimated monthly payment is $642 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.29 acre lot, 2 stories, Fireplace. Interior Features: Ceiling Fan(s), Walk-in Shower. Exterior Features: Outdoor Lighting-Rear, Outdoor Lighting-Front.

This property is listed by Darrell Mackey.

DM

Darrell Mackey

Agent at Mackey Realty

Listed by Mackey Realty · Broker phone: 7195294700 · View on Broker Site

MLS# 240955· Source: Pueblo Association of Realtors· 1 day on PropertySimple

Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

481 Main St, Springfield, CO 81073

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