2114 W Colorado Ave Colorado Springs, CO 80904
Old Colorado City NeighborhoodEstimated payment $4,910/month
Highlights
- Multiple Fireplaces
- Accessible Bathroom
- Outdoor Gas Grill
- Accessible Ramps
- Accessible Kitchen
- Baseboard Heating
About This Home
Charming Renovated 4-Plex in the Heart of Old Colorado City – 2114 W. Colorado Ave
Exceptional investment opportunity or multi-unit living in the sought-after Old Colorado City district! This beautifully updated 4-plex offers a mix of unique, character-rich units with modern upgrades, all within walking distance to shops, restaurants, and parks.
Unit 1 – Spacious top-floor 2 bed, 1 bath featuring abundant natural light, hardwood floors, and updated finishes throughout.
Unit 2 – Cozy 1 bed, 1 bath with a private entrance and efficient layout, perfect for long-term renters.
Unit 3 – Well-designed studio apartment with a full kitchen and bath, offering comfort and convenience in a compact space.
Unit 4 – Detached studio cottage with a private yard space, full kitchen, and bath—ideal for short-term rentals or guest accommodations.
The property has undergone numerous recent renovations, enhancing both functionality and aesthetic appeal while preserving its historic charm. Updated kitchens, bathrooms, flooring, and systems mean peace of mind for years to come.
Situated on a prime colorado Ave with free off-street parking and great curb appeal, this property is turn-key and income-generating from day one. Whether you're house-hacking, expanding your portfolio, or looking for a flexible live-rent opportunity, this 4-plex delivers versatility and value.
Don’t miss your chance to own a slice of Colorado Springs history with this amazing investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,376
Year Built
- Built in 1949
Lot Details
- 4,800 Sq Ft Lot
- Property is Fully Fenced
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Stucco
- Adobe
Interior Spaces
- 2,900 Sq Ft Home
- Multiple Fireplaces
- Gas Fireplace
Kitchen
- Self-Cleaning Oven
- Plumbed For Gas In Kitchen
- Range Hood
- Microwave
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Accessible Home Design
- Accessible Bathroom
- Grab Bars
- Accessible Kitchen
- Accessible Ramps
Outdoor Features
- Outdoor Gas Grill
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- 220 Volts in Kitchen
Community Details
- 4 Units
- Laundry Facilities
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 | $1,905 | $41,560 | -- | -- |
| 2024 | $1,786 | $38,730 | $5,160 | $33,570 |
| 2022 | $1,562 | $27,920 | $3,570 | $24,350 |
| 2021 | $1,695 | $28,720 | $3,670 | $25,050 |
| 2020 | $1,916 | $24,180 | $3,120 | $21,060 |
| 2019 | $1,632 | $24,180 | $3,120 | $21,060 |
| 2018 | $1,453 | $19,800 | $2,880 | $16,920 |
| 2017 | $1,376 | $19,800 | $2,880 | $16,920 |
| 2016 | $1,118 | $19,280 | $3,180 | $16,100 |
| 2015 | $1,113 | $19,280 | $3,180 | $16,100 |
| 2014 | $1,065 | $17,700 | $2,870 | $14,830 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $900,000 | -10.0% | $310 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $1,000,000 | -- | $345 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $445,000 | Land Title Guarantee Co | |
| Warranty Deed | $305,000 | Capstone Title | |
| Warranty Deed | $189,000 | -- | |
| Joint Tenancy Deed | $144,900 | Stewart Title | |
| Warranty Deed | $107,750 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,875,000 | New Conventional | |
| Closed | $448,015 | New Conventional | |
| Closed | $454,567 | VA | |
| Previous Owner | $198,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $211,000 | Unknown | |
| Previous Owner | $161,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $291,226 | Unknown | |
| Previous Owner | $10,400 | Unknown | |
| Previous Owner | $134,750 | No Value Available | |
| Previous Owner | $102,350 | No Value Available |
Source: Pikes Peak REALTOR® Services
MLS Number: 9139048
APN: 74114-13-015
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