- 4 beds
- 2 baths
- 2,080 sqft
- 8,000 sqft lot
- $216 per sqft
- 1942 build
- – on site
Now here is an opportunity! This 4-bedroom, 2-bathroom home with many recent updates offers an exceptional opportunity for homeowners and investors alike. Perfectly located and zoned C6, this property is uniquely set up to function as a duplex-style residence, featuring separate entrances-ideal for multi-generational living or potential rental income. Investors...finally, a property in Colorado where the cashflow and returns can actually work. With zoning that allows for the addition of a third unit, this home delivers excellent return potential for the savvy investor looking to maximize property value and cash flow. This property already has a proven cashflow record as a duplex. Recent upgrades enhance the home's appeal and efficiency, including: 2 full kitchens - lower unit kitchen recently remodeled. Fresh interior and exterior paint. New gutters. Boiler system and a ductless zone cooling system installed within the last 3 years. Newly updated bathrooms with subway tile and LVP flooring. This 8000 sq ft lot has newer landscaping including a sprinkler and drip system. Plenty of storage and space with an oversized attached 2 car garage and storage shed. The backyard also has alley access. The layout and improvements support both comfortable living and long-term growth possibilities. Whether you're looking to live in one unit and rent the other, or develop a third, this property is your flexible canvas for personal or investment success. On top of all this, downtown Colorado Springs is only 5 minutes away! Don't miss this rare opportunity to own a turnkey property with built-in income potential and future development options.
Last checked:
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Last updated Jun 18, 2025
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MLS# 2723961 —
This home is listed in more than one place. See it here, and here.
The Building
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Year Built:1942
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Ranch
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Total SqFt:2,140 Sqft
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Building Area Total:1040
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Roof:Composition
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Levels:One
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Basement:Full
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Stories:1
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Direction Faces:West
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Window Features:Double Pane Windows
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Accessibility Features:Level Lot
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Above Grade Finished Area:1040
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Below Grade Finished Area:1100
Interior
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Fireplace:true
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Fireplace Features:Living Room
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Living Room Level:Main
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Kitchen Level:Basement
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Dining Room Level:Main
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Laundry Features:In Basement
Room Dimensions
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Living Area:2080
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Directions:From Platte Ave & Union Blvd. Head east on Platte Ave, Turn right onto Bonfoy Ave. Property will be on the left.
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Coordinates:-104.792877, 38.834686
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Latitude:38.834686
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Longitude:-104.792877
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Lot Features:Gutters
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Lot Size Acres:0.18
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Lot Size SqFt:8,000 Sqft
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Lot Size Area:8000
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Lot Size Units:Square Feet
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Zoning:C6
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Possible Use:Commercial
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Exclusions:Seller's personal property, except washer and dryer included in sale.
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Horse:false
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Fencing:Fenced
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Other Structures:Outbuildings
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Waterfront:false
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Road Surface Type:Paved
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,221
Beds
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Bedrooms Total:4
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Bedroom 2 Level:Main
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Bedroom 3 Level:Basement
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Bedroom 4 Level:Basement
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Master Bedroom Level:Main
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:Hot Water
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Heating:true
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Cooling:Room Air Conditioner
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Cooling:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
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Water Source:City Water
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Rogers
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Middle School:Galileo
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High School:Palmer
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High School District:Colorado Springs 11
The Community
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Association:false
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Subdivision Name:Knob Hill
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:2
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Garage:true
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Garage Type:Attached
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Attached Garage:true
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Covered Spaces:2
Monthly cost estimate

Asking price
$450,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
Taxes | $101 |
Insurance | $123 |
Utilities | $207 See report |
Total | $2,840/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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6/13/25
Jun 13, 2025
|
Listed / Active | IRES | $450,000 |