Estimated Value: $393,000 - $452,000
Investment opportunity within walking distance of Memorial Park, Hillside Gardens and Downtown! This duplex needs some TLC and we are looking for serious buyers only that are ready to buy AS-IS. Live in one unit and rent out the other or rent out both and add it to your rental portfolio. Current rent received is undervalued for the area as it sits. With updates there is a great opportunity to get this property to a point where it's collecting eighty percent more per month between the two units than it currently gets. Both tenants are on a month to month lease and they pay for all the utilities and split the cost of water. Each unit has it's own electrical bill/box. The backyard is huge and you could build a large garage or possibly an additional living space as this property is zoned R5.
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Schools
Utilities
Listing and Financial Details
Overview
Amenities
$423,900
The 2 bedroom unit is leased thru March 2026 and the 1 BR is Leased Thru August 2025. This Duplex in Prospect neighborhood near Memorial Park and Prospect Lake. Desirable location convenient to downtown and the new Switchback Stadium! Each unit has a washer / dryer. Nicely finished with Granite, linoleum, Tile, Vinyl, carpet and nice appliances for your tenants.
Michael Tilley Tradewind Real Estate LLC
$450,000
This is a freshly remodeled duplex. The maple flooring in the upstairs bedrooms have been refinished along with a new furnace and AC installed. There are new tile floors in the entries, bathrooms, and kitchens in the entire duplex. This duplex has three bedrooms and one full bathroom up top. The kitchen has a dishwasher, disposal, and a gas stove; an electric hookup is also available. This
Nick Bowman House Calls Realty
$350,000
This duplex ( 2 units, 2bed/1bath each side) in Colorado Springs offers convenience and comfort. Situated in a peaceful neighborhood, it boasts two cozy units, each with two bedrooms and one bathroom. With updated windows, floors, bathrooms, driveways and a newer roof, maintenance is hassle-free. Plus, with separate gas and electric meters, utility costs are manageable. Don't miss out on this
Osmirelly Kidwell Coldwell Banker Realty 24
$525,000
**Fantastic Income Property in Prime Colorado Springs Location** Opportunity knocks with this well-maintained duplex in Colorado Springs, offering excellent income potential or the perfect setup for multi-generational living! Each side of the property features 2 bedrooms, with one unit offering 1 full bathroom and the other unit offering 2 bathrooms—ideal for flexible living or rental
Leslie Wilson New Padd LLC
$475,000
An Investor’s DREAM! A Stunning, Fully Remodeled Raised Ranch Home, a masterpiece of modern living that has been completely transformed from top to bottom with breathtaking renovations and impeccable attention to detail. Whether you're looking for an exceptional investment opportunity, house hacking potential, or a perfect multi-generational living space, this home delivers in every way
Jed Johnson eXp Realty, LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Atienza Clayton | $359,900 | Land Title Guarantee Company | |
| Wedler Harry G | -- | -- | |
| Wedler Harry | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Atienza Clayton | $265,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2021 08/11/21 | Sold | $359,900 | +7.4% | $207 / Sq Ft |
| 07/10/2021 07/10/21 | Pending | -- | -- | -- |
| 07/09/2021 07/09/21 | For Sale | $335,000 | -- | $193 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $1,184 | $27,750 | $3,510 | $24,240 |
| 2022 | $932 | $16,660 | $3,180 | $13,480 |
| 2021 | $1,034 | $17,520 | $3,350 | $14,170 |
| 2020 | $945 | $13,930 | $2,570 | $11,360 |
| 2019 | $940 | $13,930 | $2,570 | $11,360 |
| 2018 | $749 | $10,210 | $1,940 | $8,270 |
| 2017 | $710 | $10,210 | $1,940 | $8,270 |
| 2016 | $553 | $9,540 | $1,790 | $7,750 |
| 2015 | $551 | $9,540 | $1,790 | $7,750 |
| 2014 | $537 | $8,920 | $1,670 | $7,250 |
Seller's Agent in 2021
Lane Wittenmyer
Venterra Real Estate LLC
(719) 888-9897
2 in this area
63 Total Sales
P
Buyer's Agent in 2021
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
Source: REcolorado®
MLS Number: 2445488
APN: 64202-04-008
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