$899,000

2416 W Vermijo Ave Colorado Springs, CO 80904

Old Colorado City Neighborhood

Estimated payment $4,922/month

Total Views 6,202
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 2-minute walk to Blunt Park
  • Ceiling Fan

About This Home

A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.
A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.

Listing Agent

Shane Spraggins

Commonwealth Investment Corporation LLC Brokerage Phone: (719) 439-2968 Listed on: 05/15/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1952

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Additional Features

  • Ceiling Fan
  • 10,799 Sq Ft Lot

Community Details

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,487

Year Built

Built in 1952

Lot Details

0

Listing Details

  • LaundryFacilites: Common
  • Property Sub Type: Aptmts(6+Units)
  • Prop. Type: Income
  • Year Built: 1952
  • Attribution Contact: (719) 439-2968
  • Special Features: None

Exterior Features

  • New Construction: Existing

Utilities

  • Cooling: Ceiling Fan(s), See Prop Desc Remarks
  • Heating: Forced Air, Natural Gas, See Prop Desc Remarks
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Telephone, See Prop Desc Remarks
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.2479
  • Lot Size: 10800.0000

Tax Info

  • Flip Tax Amount: 2487.37
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 Price Changed $899,000 -5.4% --
10/06/2025 10/06/25 Price Changed $950,000 -4.9% --
09/20/2025 09/20/25 Price Changed $999,000 -9.1% --
08/15/2025 08/15/25 Price Changed $1,099,000 -8.4% --
08/06/2025 08/06/25 Price Changed $1,200,000 -11.0% --
07/02/2025 07/02/25 Price Changed $1,349,000 -3.6% --
06/13/2025 06/13/25 Price Changed $1,399,000 -12.5% --
05/15/2025 05/15/25 For Sale $1,599,000 -- --
Source: Pikes Peak REALTOR® Services

Source: Pikes Peak REALTOR® Services

MLS Number: 4136642

Pikes Peak REALTOR® Services

APN: 74113-03-016

Colorado El Paso County Colorado Springs 80904 Old Colorado City

2416 W Vermijo Ave, Colorado Springs, CO

For Sale

MultiFamily

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Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Shane Spraggins
Listing Agent
Shane Spraggins
Section Image
Commonwealth Investment Corporation LLC
(719) 439-2968