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Manitou Springs, CO Multifamily Homes & Duplexes for Sale

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  • 5 Narrows Rd, Manitou Springs, CO 80829
    5 Narrows Rd, Manitou Springs, CO 80829
    5 Narrows Rd, Manitou Springs, CO 80829
    /17

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,446 Sq Ft

    5 Narrows Rd, Manitou Springs, CO 80829

    Prime Investment Opportunity in the Heart of Manitou Springs!Located just steps from vibrant dining, live music, unique shops, and local attractions, this duplex offers exceptional potential for both owner-occupants and investors alike. Each unit includes 1 bedroom, 1 bathroom, a comfortable living room, dining area, and full kitchen—perfect for maximizing rental income or

    Jodie Metcalfe Exp Realty LLC

    5 Narrows Rd, Manitou Springs, CO 80829
  • 135 South Path, Manitou Springs, CO 80829
    135 South Path, Manitou Springs, CO 80829
    135 South Path, Manitou Springs, CO 80829
    /43

    $550,000

    • 3 Beds
    • 2 Baths
    • 2,169 Sq Ft

    135 South Path, Manitou Springs, CO 80829

    Mountain Views, Income Potential, and a Private Backyard Oasis in Manitou Springs. This one-of-a-kind Manitou Springs home offers both charm and versatility. The lower unit provides an opportunity for an income producing rental or guest suite, or you may convert the home back into a large single family home. Inside the upper unit, the home features a bright and cozy sunroom perfect for morning

    Richard Boyle 3% is Nuts LTD

    135 South Path, Manitou Springs, CO 80829
  • 144 Crystal Park Rd, Manitou Springs, CO 80829
    144 Crystal Park Rd, Manitou Springs, CO 80829
    144 Crystal Park Rd, Manitou Springs, CO 80829
    /44

    $800,000

    • 6 Beds
    • 5 Baths
    • 2,611 Sq Ft

    144 Crystal Park Rd, Manitou Springs, CO 80829

    Manitou Springs Retreat with Multi-Unit Potential!Escape to your own private sanctuary in the heart of Manitou Springs. Tucked away on a spacious and serene lot, this rare and versatile property offers a peaceful retreat just minutes from the vibrant energy of downtown. Featuring a beautifully appointed main home, a duplex, and a standalone cottage, this unique setting invites a blend of

    Jacob Graber Antioch Realty

    144 Crystal Park Rd, Manitou Springs, CO 80829
  • 517 Canon Ave, Manitou Springs, CO 80829
    517 Canon Ave, Manitou Springs, CO 80829
    517 Canon Ave, Manitou Springs, CO 80829
    /20

    $699,000

    • 3 Beds
    • 3 Baths
    • 525 Sq Ft

    517 Canon Ave, Manitou Springs, CO 80829

    Peace, Love & Profit in the Heart of Manitou Springs! Invest in a vibe AND a valuable asset. Welcome to Peace, Love, and Profit—a rare opportunity to own three fun and funky updated cottages in the iconic and artsy town of Manitou Springs. Whether you're looking to build wealth, create community, or simply live the Colorado dream, this property checks every box with charm, cash flow, and

    Karen Schaefer RE/MAX Properties Inc

    517 Canon Ave, Manitou Springs, CO 80829
  • 527 Canon Ave, Manitou Springs, CO 80829
    527 Canon Ave, Manitou Springs, CO 80829
    527 Canon Ave, Manitou Springs, CO 80829
    /31

    $379,900

    • 2 Beds
    • 2 Baths
    • 1,175 Sq Ft

    527 Canon Ave, Manitou Springs, CO 80829

    Turn of the century stucco home that has a turret and a full covered front porch. The main level is one apartment with high ceilings, and a carpeted living room that has a stone fireplace. A study off of the living room could easily be converted into a bedroom. Both rooms have hardwood floors under the carpet. The kitchen features lots of cabinets, a range oven, dishwasher, and refrigerator and

    Barbara Harris Harris Group Realty Inc

    527 Canon Ave, Manitou Springs, CO 80829
  • 136 Cave Ave, Manitou Springs, CO 80829
    136 Cave Ave, Manitou Springs, CO 80829
    136 Cave Ave, Manitou Springs, CO 80829
    /19

    $590,000

    • 6 Beds
    • 3 Baths
    • 1,989 Sq Ft

    136 Cave Ave, Manitou Springs, CO 80829

    Incredible Income potential in Manitou Springs that also offers a wonderful opportunity for an owner occupied property. This triplex is on the sunny side of Manitou Springs. In addition to the 3 units there is partially unfinished basement for storage, as well as a lower level patio/deck, to enjoy the mountain views.Each unit has 2 bedrooms. Unit 1 has a 3/4 bath, Units 2 and 3 have full

    Jodi Cubbage Seller's Broker Realty, Inc

    136 Cave Ave, Manitou Springs, CO 80829
Colorado Manitou Springs

Multi-Family Homes & Duplexes for Sale in Manitou Springs, CO

Why Live in Manitou Springs

Manitou Springs, CO, nestled below Pikes Peak, is a historical mountainside city with a population of 4,800. Known for its sacred spring water, the city thrives on tourism and community pride. Homes, ranging from $500,000 to $700,000, are primarily ranch-style and split-level properties built between 1900 and 1960, surrounded by mature trees and lush greenery. Memorial Park, located on the edge of Downtown Manitou Springs, offers open greenspace, a playground, and historical monuments. Garden of the Gods and various trails leading to Pikes Peak are popular attractions. The city boasts roughly 30 restaurants, including Adam’s Mountain Café and Mona Lisa’s Fondue, and local shops like Mountain High Sportswear. Grocery stores such as Safeway and King Soopers are three miles east, with Walmart Supercenter and Interstate 25 just two miles further. The Emma Crawford Coffin Races and Festival, held annually since 1995, is a unique event that brings the community together. Despite the influx of tourists, residents cherish their quaint city, finding purpose in sharing it with visitors while maintaining a close-knit community.
Learn more about living in Manitou Springs

Home Trends in Manitou Springs, CO

On average, homes in Manitou Springs, CO sell after 73 days on the market compared to the national average of 50 days. The median sale price for homes in Manitou Springs, CO over the last 12 months is $636,000, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$636,000
Median Single Family Sale Price
$670,000
Median Townhouse Sale Price
$654,500
Median 2 Bedroom Sale Price
$373,000
Median 1 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$408
Number of Homes for Sale
34
Last 12 months Home Sales
100
Months of Supply
4.10
Median List Price
$679,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%
How to Buy a Home How to Finance a Home How to Sell a Home

In Manitou Springs, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $379,900 to $800,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Manitou Springs is $679,900, while the average sale price is $649,433, offering insights into the local housing market. On average, multi-family homes spend 73 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Manitou Springs, CO.

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