$420,000
SOLD AUG 29, 2025
2 Beds
1 Bath
788 Sq Ft
6,530 Sq Ft Lot

Recently Sold

$533 Per Sq Ft

24% Below List Price

76 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • 1 Car Detached Garage
  • Property is near a park
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of August 2025

Rare investment opportunity—TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both , two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features its own private entrance, laundry area, partial basement, and updated mechanicals, including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Don’t miss this chance to secure a mixed-use property with endless possibilities!

Last Agent to Sell the Property

Tiffany Canady

Real Broker, LLC DBA Real Brokerage Phone: 720-807-2890 Listed on: 06/03/2025

Real Broker, LLC DBA Real

Co-Listed By

Brian Canady

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

Last Buyer's Agent

Craig Dillion

New Era Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1889

Lot Details

  • 6,530 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 788 Sq Ft Home
  • Mountain Views
  • Oven
  • Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • West Elementary And Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1889

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 1
  • LaundryFacilites: Main
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Fill Sq Ft Total: 788
  • Year Built: 1889
  • Attribution Contact: 720-807-2890
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Type: None
  • Floor Plan: Ranch
  • Flooring: Carpet, Tile
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 788

Exterior Features

  • New Construction: Existing Home
  • Fence: See Prop Desc Remarks
  • Foundation Details: Other
  • Lot Type: Level, Mountain View
  • Lot Location: Near Park, Near Schools, Near Shopping Center
  • PatioDesc: Covered, See Prop Desc Remarks
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot, Frame

Garage/Parking

  • GarageAmenitities: Oversized
  • Garage Spaces: 1
  • Garage Type: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • Elementary School: West
  • High School: Coronado
  • Middle Or Junior School: West
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Aug 29, 2025
Sold by
Holton Luella M
Bought by
550Fast Inc
Seller's Agent
Tiffany Canady
Real Broker, LLC DBA Real
Buyer's Agent
Craig Dillion
New Era Realty
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
478.85%
Original Mortgage
$152,000
Outstanding Balance
$152,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back
Estimated Equity
$385,043

Purchase Details

Closed on
Mar 16, 1990
Bought by
Holton Luella M

Purchase Details

Closed on
Nov 1, 1984
Bought by
Holton Luella M

Purchase Details

Closed on
Oct 26, 1984
Bought by
Holton Luella M

Purchase Details

Closed on
Oct 24, 1979
Bought by
Holton Luella M

Purchase Details

Closed on
Jul 20, 1978
Bought by
Holton Luella M

Purchase Details

Closed on
Jan 23, 1978
Bought by
Holton Luella M

Purchase Details

Closed on
Sep 8, 1967
Bought by
Holton Luella M

Purchase Details

Closed on
Aug 21, 1967
Bought by
Henderson Dwane O

Purchase Details

Closed on
May 4, 1967
Bought by
Henderson Dwane O
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Htc
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Seller Take Back
Closed $152,339 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $420,000 -23.6% $533 / Sq Ft
08/18/2025 08/18/25 Pending -- -- --
08/02/2025 08/02/25 For Sale $550,000 0.0% $698 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $550,000 0.0% $698 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $550,000 -- $698 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 2868329

Pikes Peak REALTOR® Services

APN: 74131-29-012