$550,000

Estimated payment $3,123/month

Total Views 3,008
5 Beds
2 Baths
2,524 Sq Ft
$218 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Back and Front Yard Fenced
  • Wood Siding

About This Home

Rare duplex investment opportunity with commercial flexibility! this unique property features two separate single-family homes situated on an oversized, high-visibility lot zoned C-5, offering incredible potential for investors, owner-occupants, or small business owners. The C-5 zoning allows for mixed-use, live/work setups, retail, office space, or traditional rental income. Each home has its own private entrance, laundry area, partial basement, and updated mechanicals including newer furnaces, water heaters, and roofs. is a true 2-bedroom, 1-bath layout, while offers 3 non-conforming bedrooms used as sleeping areas, along with 1 bath. Both units include gas hookups and 220V connections, adding extra flexibility. The property also includes a detached 1-car garage, partial fencing, and ample off-street parking—ideal for tenant convenience or customer access. Located just minutes from downtown Colorado Springs and within walking distance to restaurants, shops, and nightlife, this property is positioned in a high-traffic area perfect for maximizing visibility and income potential. Don’t miss this one-of-a-kind opportunity to own two homes on a commercially zoned lot in a central location with endless possibilities.

Listing Agent

Tiffany Canady

Real Broker, LLC DBA Real Brokerage Phone: 720-807-2890 Listed on: 05/22/2025

Real Broker, LLC DBA Real

Co-Listing Agent

Brian Canady

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1889

Lot Details

  • 6,530 Sq Ft Lot
  • Back and Front Yard Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,524 Sq Ft Home
  • Partial Basement

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,022

Year Built

Built in 1889

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1889
  • Attribution Contact: 720-807-2890
  • UnitTotalSQFT: 2524
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: Front, Rear
  • Foundation Details: Partial Basement
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot, Frame

Garage/Parking

  • ParkingSpacesNumberOf: 4
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 1

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1499
  • Lot Size: 6531.0000

Tax Info

  • Flip Tax Amount: 1021.51
  • Tax Year: 2024

Multi Family

  • Unit Count: 2

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 $1,022 $23,040 -- --
2024 $912 $22,770 $4,290 $18,480
2022 $854 $15,260 $2,970 $12,290
2021 $926 $15,700 $3,060 $12,640
2020 $926 $13,650 $2,600 $11,050
2019 $921 $13,650 $2,600 $11,050
2018 $803 $10,940 $2,400 $8,540
2017 $760 $10,940 $2,400 $8,540
2016 $618 $10,660 $2,650 $8,010
2015 $616 $10,660 $2,650 $8,010
2014 $589 $9,780 $2,390 $7,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $550,000 0.0% $218 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $550,000 -- $218 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

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Source: Pikes Peak REALTOR® Services

MLS Number: 1576023

Pikes Peak REALTOR® Services

APN: 74131-29-012