1402-1404 Race St Colorado Springs, CO 80904
Midland-Westside NeighborhoodEstimated payment $2,442/month
Highlights
- Baseboard Heating
- Fenced Front Yard
- Wood Siding
About This Home
Instant income! This Westside Duplex is turn key ready to rent, or for an owner to occupy. 100% Above Grade units are very popular with tenants.
Washer and dryer hookups in each unit make it easy to rent! Excellent rental history with low turns.
Separate electrical utilities go under the tenant’s name. No gas to the building equals lower risk. New updated upper unit! Crawl space and large shed on the property provides extra storage. Fenced-in area in front yard available for either unit. 4 off street parking spaces!
Upgrades include: New Roof June 2024, Sewer line replaced from building to street June 2019, Upper Unit (1404) renovated June 2024 with new floor, new range, new bathroom vanity/countertop/sink and washer & dryer are included. Walking distance to Bear Creek Park, Redrocks and Section 16 Open Spaces. Avoid the I-25 commute and come to the West Side, the Best Side of Colorado Springs!
Listing Agent
Equity Colorado Real Estate Brokerage Phone: 720-722-3209 Listed on: 03/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,368
Year Built
- Built in 1984
Lot Details
- 7,501 Sq Ft Lot
- Fenced Front Yard
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,704 Sq Ft Home
- Crawl Space
Kitchen
- Oven
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Baseboard Heating
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,368 | $29,400 | -- | -- |
| 2024 | $1,254 | $29,020 | $7,120 | $21,900 |
| 2023 | $1,254 | $29,020 | $7,120 | $21,900 |
| 2022 | $998 | $17,830 | $4,080 | $13,750 |
| 2021 | $1,106 | $18,750 | $4,290 | $14,460 |
| 2020 | $1,056 | $15,560 | $3,580 | $11,980 |
| 2019 | $1,050 | $15,560 | $3,580 | $11,980 |
| 2018 | $919 | $12,520 | $2,380 | $10,140 |
| 2017 | $870 | $12,520 | $2,380 | $10,140 |
| 2016 | $688 | $11,860 | $2,390 | $9,470 |
| 2015 | $685 | $11,860 | $2,390 | $9,470 |
| 2014 | $686 | $11,400 | $2,390 | $9,010 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2025 05/31/25 | Price Changed | $439,000 | -1.3% | $258 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $445,000 | -0.9% | $261 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $449,000 | -- | $263 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $145,000 | Fahtco | |
| Interfamily Deed Transfer | -- | Land Title | |
| Warranty Deed | $137,000 | Security Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,750 | Commercial | |
| Previous Owner | $124,000 | Commercial | |
| Previous Owner | $123,300 | Commercial | |
| Previous Owner | $90,000 | Commercial | |
| Previous Owner | $61,186 | FHA |
Source: Pikes Peak REALTOR® Services
MLS Number: 7163306
APN: 74151-10-016
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