
517 Canon Ave Manitou Springs, CO 80829
Estimated payment $4,018/month
Highlights
- No HOA
- Baseboard Heating
- Wood Siding
- 1-Story Property
About This Home
Peace, Love & Profit in the Heart of Manitou Springs! Invest in a vibe AND a valuable asset. Welcome to Peace, Love, and Profit—a rare opportunity to own three fun and funky updated cottages in the iconic and artsy town of Manitou Springs. Whether you're looking to build wealth, create community, or simply live the Colorado dream, this property checks every box with charm, cash flow, and character. Each of the three cottages has been remodeled with modern updates, while preserving the eclectic soul that makes Manitou Springs magical. From new paint and fixtures to updated kitchens and baths, these cottages are turnkey and tenant-ready. Features You'll Love: Three Separate, Updated Units Proven Rental History with strong income 6 space Parking Lot—a true UNICORN in Manitou! Cozy layouts with loads of natural light and yards Washer/Dryer storage room Minutes from downtown Colorado Springs, An hour to Denver, an easy drive to Breckenridge, and of course- trails, restaurants & the incline!!! Live in one, rent the other two... lease all three... or transform them into your next investment opportunity! The flexibility is just as dreamy as the setting. Set against the backdrop of Pike’s Peak and nestled in the heart of one of Colorado’s most beloved towns, this is not just real estate—it’s a lifestyle portfolio. Don’t miss your chance to own a slice of peace, a whole lot of love, and a reliable stream of profit.
Listing Agent
RE/MAX Properties Inc Brokerage Email: karen.schaefer@wesellmore.net,719-244-3420 License #100048759 Listed on: 06/13/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,797
Year Built
- Built in 1899
Lot Details
- 7,405 Sq Ft Lot
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 525 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Schools
- Manitou Springs Elementary And Middle School
- Manitou Springs High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Natural Gas Connected
Community Details
- No Home Owners Association
- The Peace Pad Community
- Manitou Springs Subdivision
Listing and Financial Details
- Exclusions: Tenants personal possessions, staging items
- Assessor Parcel Number 74052-12-041
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 | $1,797 | $21,770 | -- | -- |
2024 | $1,628 | $28,240 | $2,650 | $25,590 |
2022 | $1,294 | $17,510 | $2,500 | $15,010 |
2021 | $1,349 | $18,010 | $2,570 | $15,440 |
2020 | $1,182 | $15,030 | $2,150 | $12,880 |
2019 | $1,255 | $15,030 | $2,150 | $12,880 |
2018 | $879 | $9,990 | $1,660 | $8,330 |
2017 | $777 | $9,990 | $1,660 | $8,330 |
2016 | $715 | $9,190 | $1,110 | $8,080 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/23/2025 06/23/25 | Price Changed | $699,000 | -6.8% | $1,331 / Sq Ft |
06/05/2025 06/05/25 | For Sale | $750,000 | -- | $1,429 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Warranty Deed | $405,000 | Empire Title Co Springs Llc | |
Personal Reps Deed | $280,000 | North American Title | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $303,750 | New Conventional | |
Previous Owner | $180,000 | New Conventional |
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Source: REcolorado®
MLS Number: 4280690

APN: 74052-12-041
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