$525,000

Estimated payment $2,832/month

6 Beds
3 Baths
1,851 Sq Ft
$284 Price per Sq Ft

About This Home

Discover an exceptional investment opportunity with this rare property featuring two fully renovated single-family homes just minutes from Downtown Colorado Springs. Perfect for investors or owner-occupants seeking strong rental income, both residences have been thoughtfully modernized to deliver comfort, functionality, and elevated style. Each home showcases extensive updates including fresh interior paint, luxury vinyl plank flooring, remodeled kitchens with stainless steel appliances, and beautifully redesigned bathrooms with contemporary tile finishes. The front house offers three spacious bedrooms and one updated bathroom, while the back house provides three bedrooms, two remodeled bathrooms, and its own fully fenced private yard ideal for pets, outdoor gatherings, or quiet relaxation. Off-street parking situated between the two homes adds convenience for tenants or guests. With consistent rental performance, turnkey renovations, and an unbeatable location close to vibrant downtown amenities, parks, dining, and commuter routes, this property presents a compelling blend of quality, versatility, and income potential. Opportunities like this—where modern upgrades meet prime Colorado Springs living—are truly rare.

Listing Agent

Caleb Skelton

Buy Smart Colorado Brokerage Phone: 719-310-8464 Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1946

Home Design

  • 1,851 Sq Ft Home
  • Duplex

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Oven
  • Electric Dryer Hookup
  • 6,499 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$937

Year Built

Built in 1946

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1946
  • Attribution Contact: 719-310-8464
  • UnitTotalSQFT: 1851
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator

Exterior Features

  • New Construction: Existing

Utilities

  • Cooling: None
  • Heating: Electric
  • Utilities: See Prop Desc Remarks
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1492
  • Lot Size: 6500.0000

Tax Info

  • Flip Tax Amount: 937.00
  • Tax Year: 2024

Multi Family

  • Unit Count: 2

Map

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

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 $937 $23,710 -- --
2024 $829 $21,260 $2,460 $18,800
2023 $829 $21,260 $2,460 $18,800
2022 $906 $14,230 $2,280 $11,950
2021 $864 $14,640 $2,350 $12,290
2020 $814 $12,000 $1,800 $10,200
2019 $810 $12,000 $1,800 $10,200
2018 $672 $9,160 $1,560 $7,600
2017 $637 $9,160 $1,560 $7,600
2016 $517 $8,920 $1,430 $7,490
2015 $515 $8,920 $1,430 $7,490
2014 $527 $8,750 $1,340 $7,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2025 12/09/25 For Sale $525,000 0.0% $284 / Sq Ft
03/24/2025 03/24/25 Off Market $1,800 -- --
02/18/2025 02/18/25 For Rent $1,800 0.0% --
02/28/2024 02/28/24 Sold $300,000 -20.0% $196 / Sq Ft View Prior Sale
02/08/2024 02/08/24 Price Changed $375,000 -6.0% $245 / Sq Ft
01/15/2024 01/15/24 For Sale $399,000 -- $261 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $300,000 Closing Conneciton Title
Warranty Deed $300,000 None Listed On Document
Warranty Deed $150,000 Unified Title Co
Quit Claim Deed -- None Available
Warranty Deed $41,000 None Available
Warranty Deed $31,900 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,000 New Conventional
Previous Owner $370,000 Construction
Previous Owner $31,100 Credit Line Revolving
Closed $0 Commercial
Source: Public Records

Source: Pikes Peak REALTOR® Services

MLS Number: 3897098

Pikes Peak REALTOR® Services

APN: 64192-06-009