NOT LISTED FOR SALE
2 Beds
-- Bath
731 Sq Ft
-- Built

About This Home

AVAILABLE FOR IMMEDIATE OCCUPANCY is this 1 BEDROOM, 1 BATHROOM unit in the HASTINGS BROTHERS subdivision of western Colorado Springs located at 523 NORTH WALNUT STREET #B 80905.

Originally built in 1899, this basement-level unit was recently updated to include upgraded electrical service, UPDATED EAT-IN KITCHEN with newer appliances (refrigerator, gas range and stackable washer/dryer), UPDATED BATHROOM (newer pedestal sink, stool, stand-alone shower), newer INTERIOR/EXTERIOR paint, new fixtures, NEWER LOW-E VINYL WINDOWS and more.

Located in the Hastings Brothers subdivision of western Colorado Springs, this 481 square foot property is located within walking distance of District 11's Bristol Elementary School and adjacent Bristol Park, Monument Valley Park and mere minutes by car from Downtown Colorado Springs, Interstate 25, Old Colorado City and numerous hiking/biking options on the westside.

This unit is located in Colorado Springs School District 11.

Other features of this property include a fenced courtyard, canned lighting, alley access, off-street parking and water/sewer are included in the monthly rent.

PET POLICY: This property allows a maximum of two (2) pets - as long as they are not attack-trained or possess a history of biting people or destroying property. WE DO NOT COLLECT A DEPOSIT. Instead, we charge monthly pet rent of $25, again max of two pets.

ALL APPLICANTS MUST REGISTER at: https candela petscreening dot com

Room Sizes of this 481 square foot property are:

LIVING ROOM (main level) 10.5 x 9.5
- Concrete Floors, Canned Lighting, Shelving

EAT-IN KITCHEN (main level) 12 x 10
- Concrete Floors, Newer Cabinets, Fixtures and Appliances (refrigerator, gas range and stacked washer/dryer), Canned Lighting, Low-E Vinyl Window

BEDROOM (main level) 9 x 16.5
- Carpet, Low-E Vinyl Windows, Overhead Light, 2 x 7 Closet, Walk-Out

BATHROOM (main level) 7 x 5
- Concrete Floors, Stand-Alone Shower, Stool, Pedestal Sink

ENTRYWAY (main level) 11 x 5
- Concrete Floors, Washer/Dryer Closet, HVAC Closet, Canned Lighting, Low-E Vinyl Windows

CANDELA PROPERTIES HAS A STRICT NO SMOKING / NO VAPING / NO MARIJUANA CULTIVATING POLICY!!!

MOVE-IN FUNDS: WE REQUIRE AN AMOUNT EQUAL TO TWICE THE FIRST MONTH'S RENT ($995 x 2 or $1,990) IN CERTIFIED FUNDS TO MOVE IN, REGARDLESS OF WHEN IN THE MONTH IT OCCURS. We then pro-rate the second month's rent to reflect when tenancy began in month #1.

Our Qualifying Criteria:
1. Monthly Income must be at least twice the amount you pay in Monthly Rent
2. 675+ FICO credit score
3. Stable employment & income
4. Positive rental history (and/or mortgage payment history)
You must meet at least 3 out of the 4 criteria listed above in order to be approved to rent this property.

Applicants have the right to provide Candela Properties LLC with a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in Colorado Revised Statutes section 38-12-902 (2.5). If Applicants provide Candela Properties LLC with a PTSR, Candela Properties is prohibited from: a. Charging Applicant a rental application fee or b. Charging Applicant a fee for Candela Properties to access or use the PTSR.

*** AVAILABLE FOR $995 DISCOUNTED MONTHLY RENT ***

Candela Properties is dedicated to honoring federal, state and local fair housing laws and will not discriminate against applicants/tenants because of their race, color, religion, national origin, familial status, disability, sex, sxual orientation, gender identity, immigration/citizenship status or military/veteran status. CRS 24-34-502(1) prohibits source of income discrimination and requires a non-exempt land lord to accept any lawful and verifiable source of money paid directly, indirectly, or on behalf of a person, including income derived from any lawful profession or occupation and income or rental payments derived from any government or private assistance, grant or loan program. Residents cover yard care, snow removal, trash, electric and natural gas. Water and sewer are included in the monthly rent.

RESIDENTS COVER YARD CARE, SNOW REMOVAL, TRASH, NATURAL GAS AND ELECTRICITY. WATER AND SEWER ARE INCLUDED IN THE MONTHLY RENT.

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
09/22/2025 09/22/25 Off Market $1,595 -- --
09/11/2025 09/11/25 For Rent $1,595 -- --

Tax History Compared to Growth

Source: Public Records

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