232 S Hancock Ave Colorado Springs, CO 80903
Hillside/East Lake NeighborhoodEstimated payment $3,026/month
Total Views
23,243
2
Beds
1
Bath
1,920
Sq Ft
$279
Price per Sq Ft
Highlights
- Baseboard Heating
- Fenced Front Yard
- 2-minute walk to Memorial Park
About This Home
Come see this updated duplex located directly across from Memorial Park in Central Colorado Springs. Zoned R-2 and situated on a 0.11-acre lot, this income-producing property offers two separate 2-bedroom, 1-bath units, each approximately 960 square feet, for a total of 1,920 square feet. Both units feature private entrances, updated kitchens with modern appliances, in-unit laundry, refinished hardwood and luxury vinyl plank flooring, and vinyl windows. The exterior has been recently refreshed with new paint, and the front yard is fully fenced with low-maintenance landscaping. Off-street parking accommodates up to four vehicles. With both units currently vacant and ready for occupancy, the property is ideal for investors or owner-occupants seeking rental income, and no HOA. Located in the East End Addition subarea, it offers walkable access to Prospect Lake, downtown Colorado Springs, and local schools within District 11. This is a rare opportunity to own a turnkey multifamily property in a high-demand central location with strong rental potential and iconic Pikes Peak views.
Listing Agent
Call It Closed International Realty Brokerage Phone: 407-338-3339 Listed on: 06/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,327
Year Built
- Built in 1963
Lot Details
- 4,800 Sq Ft Lot
- Fenced Front Yard
Parking
- 4 Parking Spaces
Home Design
- 1,920 Sq Ft Home
- Duplex
- Shingle Roof
- Aluminum Siding
Kitchen
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Community Details
- 2 Units
Map
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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 | $1,327 | $31,910 | -- | -- |
| 2024 | $1,214 | $28,290 | $3,510 | $24,780 |
| 2022 | $1,073 | $19,170 | $3,250 | $15,920 |
| 2021 | $1,164 | $19,730 | $3,350 | $16,380 |
| 2020 | $1,055 | $15,550 | $2,570 | $12,980 |
| 2019 | $1,050 | $15,550 | $2,570 | $12,980 |
| 2018 | $846 | $11,530 | $1,940 | $9,590 |
| 2017 | $801 | $11,530 | $1,940 | $9,590 |
| 2016 | $649 | $11,200 | $1,790 | $9,410 |
| 2015 | $647 | $11,200 | $1,790 | $9,410 |
| 2014 | $624 | $10,370 | $1,670 | $8,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | For Sale | $535,000 | -- | $279 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | New Title Company Name | |
| Warranty Deed | $480,000 | Guaranty Land Title | |
| Warranty Deed | $135,000 | Empire Title Co Springs Llc | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Closed | $360,000 | New Conventional | |
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $132,554 | FHA |
Source: Public Records
About the Listing Agent
Being a serial entrepreneur and working in both non and for-profit sectors has given David a very rounded skill set which he uses to best accomplish his client's goals. Whether you are selling or buying a home; looking for a cash-flowing investment or wanting to find your next rehab property he can assist you.
David's Other Listings
-
$582,000 Sold Jul 17, 2025
- 4 Beds
- 3 Baths
- 2,776 Sq Ft
- 2560 Black Diamond Terrace
- Colorado Springs, CO
-
$775,000 Sold Oct 02, 2024
- 3 Beds
- 3 Baths
- 2,776 Sq Ft
- 305 Sun Valley Dr
- Woodland Park, CO
Discover your dream home in the prime location of Woodland Park, offering unparalleled convenience and a private, expansive landscaped yard. This raised ranch home is perfectly positioned to showcase stunning Mountain views from every room in the house. Take the stairs up to the newer full-length composite deck to enter the great room boasting vaulted cedar ceilings and a blend of plush carpet
David Carter Call It Closed International Realty
Source: Pikes Peak REALTOR® Services
MLS Number: 1186186
APN: 64173-07-020
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