5 Narrows Rd Manitou Springs, CO 80829
Estimated payment $2,442/month
Total Views
3,068
2
Beds
2
Baths
1,446
Sq Ft
$290
Price per Sq Ft
Highlights
- Fireplace in Basement
- Baseboard Heating
- Laundry Facilities
About This Home
Prime Investment Opportunity in the Heart of Manitou Springs!
Located just steps from vibrant dining, live music, unique shops, and local attractions, this duplex offers exceptional potential for both owner-occupants and investors alike. Each unit includes 1 bedroom, 1 bathroom, a comfortable living room, dining area, and full kitchen—perfect for maximizing rental income or multi-generational living.
With private entrances for each unit, residents enjoy their own outdoor spaces—a spacious walk-out deck on the upper level and a charming front patio on the lower level. Off-street parking adds convenience, and the home is full of the unique charm and character.
With a little TLC, this property has the potential to shine as a true Manitou gem—a great value-add opportunity in an unbeatable location, with over a decade of consistent rental income and zero vacancies.
Whether you're looking to live in one unit and rent the other or expand your real estate portfolio, this property checks all the right boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,778
Year Built
- Built in 1899
Home Design
- 1,446 Sq Ft Home
- Duplex
- Shingle Roof
- Stone Siding
- Stucco
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- Dryer
- 3,441 Sq Ft Lot
Community Details
- 2 Units
- Laundry Facilities
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $1,778 | $28,820 | -- | -- |
| 2024 | $1,610 | $27,980 | $2,650 | $25,330 |
| 2022 | $1,149 | $15,540 | $2,450 | $13,090 |
| 2021 | $1,223 | $16,330 | $2,570 | $13,760 |
| 2020 | $1,072 | $13,630 | $2,150 | $11,480 |
| 2019 | $1,138 | $13,630 | $2,150 | $11,480 |
| 2018 | $1,054 | $11,980 | $1,660 | $10,320 |
| 2017 | $932 | $11,980 | $1,660 | $10,320 |
| 2016 | $911 | $11,710 | $1,670 | $10,040 |
| 2015 | $901 | $11,710 | $1,670 | $10,040 |
| 2014 | $778 | $10,750 | $1,480 | $9,270 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | For Sale | $419,000 | -- | $290 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $142,000 | None Available | |
| Special Warranty Deed | $142,000 | None Available | |
| Trustee Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $133,300 | Stewart Title Of Colorado Sp | |
| Quit Claim Deed | -- | -- | |
| Deed | $82,500 | -- | |
| Deed | $75,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $134,000 | Commercial | |
| Previous Owner | $126,666 | Commercial |
Source: Public Records
Similar Homes in Manitou Springs, CO
Source: Pikes Peak REALTOR® Services
MLS Number: 3764246
APN: 74052-12-031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 527 Canon Ave
- 529 Canon Ave
- 517 Canon Ave
- 136 Cave Ave
- 128 Cave Ave
- 140 Cave Ave
- 114 Cave Ave
- 0 Manitou Terrace
- 115 Panorama Place
- 1117 Manitou Ave
- 117 Canon Ave Unit 117
- 403 Washington Ave
- 145 Capitol Hill Ave
- 5 Minnehaha Ave
- 153 Capitol Hill Ave
- 860 Prospect Place
- 125 Ruxton Ave
- 33 Minnehaha Ave
- 151 Ruxton Ave
- 105 Pawnee Ave
- 47 Grand Ave
- 3 Arapahoe Place Unit B
- 5 Arapahoe Place Unit B
- 827 Fontmore Rd
- 2813 King St Unit D
- 404 Wilhelmia Ave
- 2605 W Pikes Peak Ave Unit 15
- 2415 W Vermijo Ave
- 104 N 25th St
- 2409 W Colorado Ave
- 2409 W Colorado Ave
- 2409 W Colorado Ave
- 2409 W Colorado Ave
- 2530 King St
- 2502 King St Unit C
- 2125 King St
- 2335 Stepping Stones Way
- 2019 W Cucharras St
- 1495 Farnham Point
- 4510 Spring Canyon Heights