$425,000
$25K PRICE DROP

Estimated payment $2,400/month

Total Views 6,381
4 Beds
2 Baths
2,080 Sq Ft
$204 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Private Yard
  • 2 Car Attached Garage
  • Bonus Room
  • No HOA
  • Double Pane Windows

About This Home

Now here is an opportunity! This 4-bedroom, 2-bathroom home with many recent updates offers an exceptional opportunity for homeowners and investors alike. Perfectly located and zoned C6, this property is uniquely set up to function as a duplex-style residence, featuring separate entrances—ideal for multi-generational living or potential rental income. Investors...finally, a property in Colorado where the cashflow and returns can actually work. With zoning that allows for the addition of a third unit, this home delivers excellent return potential for the savvy investor looking to maximize property value and cash flow. This property already has a proven cashflow record as a duplex. Recent upgrades enhance the home's appeal and efficiency, including: 2 full kitchens - lower unit kitchen recently remodeled. Fresh interior and exterior paint. New gutters. Boiler system and a ductless zone cooling system installed within the last 3 years. Newly updated bathrooms with subway tile and LVP flooring. This 8000 sq ft lot has newer landscaping including a sprinkler and drip system. Plenty of storage and space with an oversized attached 2 car garage and storage shed. The backyard also has alley access. The layout and improvements support both comfortable living and long-term growth possibilities. Whether you’re looking to live in one unit and rent the other, or develop a third, this property is your flexible canvas for personal or investment success. On top of all this, downtown Colorado Springs is only 5 minutes away! Don’t miss this rare opportunity to own a turnkey property with built-in income potential and future development options.

Listing Agent

Larry Lewis

Real Broker, LLC DBA Real Brokerage Email: david.lewis@realcommunity.com,303-668-4343 License #100085037 Listed on: 06/13/2025

Real Broker, LLC DBA Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1942

Lot Details

  • 8,000 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Grass Covered Lot
  • Property is zoned C6

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Rain Gutters

Schools

  • Rogers Elementary School
  • Galileo Middle School
  • Palmer High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Heating System Uses Steam
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Knob Hill Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property, except washer and dryer included in sale.
  • Property held in a trust
  • Assessor Parcel Number 64162-16-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,221

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: One
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Sq Ft: 60
  • Current Use: Live/Work
  • Exclusions: Seller's personal property, except washer and dryer included in sale.
  • Living Area: 2080
  • Directions: From Platte Ave & Union Blvd. Head east on Platte Ave, Turn right onto Bonfoy Ave. Property will be on the left.
  • SubdivisionName: Knob Hill
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Attribution Contact: david.lewis@realcommunity.com,303-668-4343
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, High Speed Internet, Laminate Counters
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1040
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Frame, Stucco, Wood Siding
  • Exterior Features: Private Yard, Rain Gutters
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Heat Pump, Hot Water, Steam
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Galileo

Lot Info

  • Horses: No
  • Parcel Number: 64162-16-029
  • Lot Size Acres: 0.18
  • Fencing: Full
  • Building Area Total: 2140
  • Lot Features: Level
  • Lot Size Sq Ft: 8000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1221

MLS Schools

  • Elementary School: Rogers
  • High School: Palmer

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,221 $28,120 -- --
2024 $1,110 $26,390 $3,900 $22,490
2022 $969 $17,320 $3,610 $13,710
2021 $1,052 $17,820 $3,720 $14,100
2020 $1,001 $14,750 $2,860 $11,890
2019 $996 $14,750 $2,860 $11,890
2018 $842 $11,470 $2,160 $9,310
2017 $797 $11,470 $2,160 $9,310
2016 $623 $10,750 $1,990 $8,760
2015 $621 $10,750 $1,990 $8,760
2014 $647 $10,750 $1,910 $8,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $425,000 -5.6% $204 / Sq Ft
06/13/2025 06/13/25 For Sale $450,000 -- $216 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $268,000 Empire Title Of Co Springs
Warranty Deed $126,375 None Available
Quit Claim Deed -- --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,781 New Conventional
Previous Owner $4,000 Unknown
Previous Owner $24,999 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $10,000 Credit Line Revolving
Previous Owner $76,255 Unknown
Previous Owner $20,000 Unknown
Previous Owner $10,000 Stand Alone Second
Previous Owner $10,000 Stand Alone Second
Previous Owner $60,400 No Value Available
Source: Public Records

Source: REcolorado®

MLS Number: 2723961

REcolorado®

APN: 64162-16-029