$450,000

Estimated payment $2,588/month

Total Views 4,230
4 Beds
2 Baths
2,140 Sq Ft
$210 Price per Sq Ft

Highlights

  • Ranch Style House
  • Accessible Ramps
  • Shed
  • 2 Car Attached Garage
  • Landscaped with Trees
  • Baseboard Heating

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

Jordan Terrell

Real Broker, LLC DBA Real Brokerage Phone: 720-807-2890 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

  • 8,002 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,140 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Accessible Home Design

  • Grab Bars
  • Accessible Ramps

Outdoor Features

  • Shed

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,221

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Total Bathrooms: 2
  • Handicap Amenities: Hand Rails, Ramp Access
  • LaundryFacilites: Basement
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1040
  • Fill Sq Ft Total: 2140
  • Year Built: 1942
  • Attribution Contact: 720-807-2890
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: Dishwasher, Disposal, Microwave Oven, Range
  • Basement Percentage Finished: 95
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Type: Gas, Insert, Main Level
  • Floor Plan: Ranch
  • Flooring: Carpet, Vinyl/Linoleum
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 2085
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Full Basement
  • Landscaped: Front
  • Lot Type: Level, Trees/Woods
  • Out Buildings: Storage Shed
  • PatioDesc: None
  • Roof: Composite Shingle
  • Exterior Construction: Stucco, Wood
  • Structure: Frame

Garage/Parking

  • Driveway: Concrete
  • GarageAmenitities: Garage Door Opener
  • Garage Spaces: 2
  • Garage Type: Attached

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Heat Pump, Hot Water, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Rogers
  • Middle School: Galileo
  • High School: Palmer
  • Elementary School: Rogers
  • High School: Palmer
  • Middle Or Junior School: Galileo
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1837
  • Lot Size: 8000.0000

Tax Info

  • Flip Tax Amount: 1221.36
  • Tax Year: 2024

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
06/13/2025 06/13/25 For Sale $450,000 -- $216 / Sq Ft
Source: Pikes Peak REALTOR® Services

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

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Source: Pikes Peak REALTOR® Services

MLS Number: 3025536

Pikes Peak REALTOR® Services

APN: 64162-16-029