$340,000
PENDING

Estimated payment $1,889/month

Total Views 24,821
3 Beds
2 Baths
1,728 Sq Ft
$197 Price per Sq Ft

About This Home

This income-producing duplex features two distinct units—one with 1 bedroom and the other with 2 bedrooms—offering flexibility for renters or owner-occupants. The freshly painted exterior adds inviting curb appeal, while the spacious lot provides room for a potential future ADU build.

Ideally located in the South Nevada Urban Renewal area, this property is poised for appreciation and growth. Enjoy easy access to I-25 and all that downtown Colorado Springs has to offer.

Bonus: the adjacent income property is also currently for sale—an exceptional chance to expand your portfolio.

Whether you're seeking a strong investment, house-hacking potential, or future development options, this duplex checks every box for value, location, and long-term opportunity.

Listing Agent

Christopher Morrison

Action Team Realty Brokerage Phone: (719) 559-8400 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1950

Home Design

  • 1,728 Sq Ft Home
  • Duplex

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Electric Dryer Hookup
  • 5,859 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,121

Year Built

Built in 1950

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1950
  • Attribution Contact: (719) 559-8400
  • UnitTotalSQFT: 1728
  • Special Features: UnderContract

Exterior Features

  • New Construction: Existing

Garage/Parking

  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Connected
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.1345
  • Lot Size: 5858.0000

Tax Info

  • Flip Tax Amount: 1120.61
  • 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 $1,121 $28,810 -- --
2024 $1,010 $24,570 $3,100 $21,470
2022 $965 $17,060 $2,340 $14,720
2021 $1,037 $17,550 $2,410 $15,140
2020 $1,006 $14,820 $2,070 $12,750
2019 $1,001 $14,820 $2,070 $12,750
2018 $839 $11,430 $1,710 $9,720
2017 $794 $11,430 $1,710 $9,720
2016 $626 $10,800 $1,290 $9,510
2015 $624 $10,800 $1,290 $9,510
2014 $613 $10,190 $1,330 $8,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $340,000 -5.6% $197 / Sq Ft
07/07/2025 07/07/25 For Sale $360,000 -- $208 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $218,000 Empire Title Co Springs Llc
Warranty Deed $198,000 None Available
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,149 VA
Closed $218,000 VA
Previous Owner $194,413 FHA
Previous Owner $12,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Christopher Morrison

Action Team Realty

(844) 655-3790

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As a native to Colorado Springs licensed since 2008, Chris knows the city well, and has knowledge and experience working in every aspect of the real estate industry. In fact, Chris was the recipient of the prestigious 2013 Best of the Springs award for Best Realtor.

He has worked with a range of clients from first-time homebuyers to seasoned investors. He is a Certified Investor Agent Specialist (CIAS) and is ready to assist investors in everything from property searches, negotiating

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Source: Pikes Peak REALTOR® Services

MLS Number: 8464710

Pikes Peak REALTOR® Services

APN: 64194-13-029