
405 N Walnut St Colorado Springs, CO 80905
Westside NeighborhoodEstimated payment $3,477/month
Highlights
- City View
- Deck
- Ranch Style House
- Bristol Elementary, School of the Arts and STEM Rated A-
- Property is near a park
- Beamed Ceilings
About This Home
Charming 1919 bungalow in a prime downtown Colorado Springs location with income-producing potential! Just five minutes from Old Colorado City and conveniently situated near I-25 (north/south) and Highway 24 (east/west), this beautifully remodeled home offers modern updates while preserving its original character. Recent improvements include fresh interior and exterior paint, a brand-new roof and gutters, upgraded electrical with new panels and buried service lines, and a spacious, light-filled layout.
The sunny kitchen boasts generous work surfaces—ideal for cooking, hosting, or meal prep. Step outside to a wrap-around deck with a gas grill and hot tub, surrounded by lush landscaping, flower beds, herb gardens, a privacy fence, and a soothing water feature—perfect for relaxing or entertaining. As a unique bonus, the property also includes a charming outbuilding currently used as a chicken coop, offering the opportunity to collect fresh eggs and naturally fertilize the garden—a delightful touch for sustainable living enthusiasts or urban homesteaders. The basement in this main home provides ample storage and additional flexibility.
A 2023-built, heated and air-conditioned 2-car detached garage with a small workshop adds tremendous value, paired with a fully equipped 20 x 24 bonus living quarters above. This detached retreat offers a private entrance, full kitchen, a spacious full bath, cozy dining area, dedicated parking, and its own fenced outdoor space—ideal for guests, extended family, or income potential. The Seller is open to leaving certain pieces of furniture—contact us to learn more. Enjoy stunning mountain views year-round and sparkling city views in the winter.
Ideal for multigenerational living or long-term rental income. All just minutes from downtown amenities, shops, and restaurants. A rare find that combines charm, modern comfort, and investment upside!
Listing Agent
Keller Williams Clients Choice Realty Brokerage Phone: 719-535-0355 Listed on: 07/21/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $940
Year Built
- Built in 1919
Lot Details
- 4,665 Sq Ft Lot
- Dog Run
- Back and Front Yard Fenced
- Landscaped
Parking
- 2 Car Detached Garage
- Heated Garage
- Workshop in Garage
- Garage Door Opener
- Driveway
Property Views
- City
- Mountain
Home Design
- Ranch Style House
- Shingle Roof
- Stucco
Interior Spaces
- 1,588 Sq Ft Home
- Beamed Ceilings
- Electric Fireplace
- Luxury Vinyl Tile Flooring
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Accessible Home Design
- Remote Devices
Outdoor Features
- Deck
- Outdoor Gas Grill
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
Schools
- Bristol Elementary School
- Holmes Middle School
- Coronado High School
Utilities
- Forced Air Heating System
- 220 Volts in Kitchen
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 | $1,310 | $27,820 | -- | -- |
2024 | $831 | $27,990 | $5,160 | $22,830 |
2022 | $538 | $16,560 | $3,570 | $12,990 |
2021 | $583 | $17,030 | $3,670 | $13,360 |
2020 | $965 | $14,220 | $3,120 | $11,100 |
2019 | $960 | $14,220 | $3,120 | $11,100 |
2018 | $811 | $11,050 | $2,880 | $8,170 |
2017 | $768 | $11,050 | $2,880 | $8,170 |
2016 | $613 | $10,570 | $3,180 | $7,390 |
2015 | $610 | $10,570 | $3,180 | $7,390 |
2014 | $579 | $9,620 | $2,870 | $6,750 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | For Sale | $624,900 | -- | $394 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $113,000 | Security Title | |
Trustee Deed | $107,679 | -- | |
Warranty Deed | $130,000 | North American Title Co | |
Warranty Deed | $98,000 | North American Title Co | |
Warranty Deed | $42,000 | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $205,000 | New Conventional | |
Closed | $107,000 | New Conventional | |
Closed | $107,000 | New Conventional | |
Closed | $21,700 | New Conventional | |
Closed | $90,400 | Fannie Mae Freddie Mac | |
Previous Owner | $95,175 | No Value Available | |
Previous Owner | $88,200 | Unknown | |
Previous Owner | $42,842 | FHA | |
Closed | $26,000 | No Value Available | |
Closed | $22,600 | No Value Available |
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Source: Pikes Peak REALTOR® Services
MLS Number: 9517916

APN: 74124-23-019
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