- 2 beds
- 1 bath
- 788 sqft
- 6,530 sqft lot
- $697 per sqft
- 1889 build
- – on site
Rare investment opportunity—TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both , two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features its own private entrance, laundry area, partial basement, and updated mechanicals, including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Don’t miss this chance to secure a mixed-use property with endless possibilities!
Last checked:
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Last updated Jun 10, 2025
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MLS# 2868329 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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SqFt Total:788 Sqft
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SqFt Finished:788 Sqft
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Year Built:1889
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Roof:Composite Shingle
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Foundation Details:Other
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Siding:Wood
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Structure:Framed on Lot, Frame
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Floor Plan:Ranch
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Patio Description:Covered, See Prop Desc Remarks
Interior
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Laundry Facilities:Main
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Floors:Carpet, Tile
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Entry:Covered
Room Dimensions
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SqFt Main Floor:788 Sqft
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SqFt Upper Floor:0 Sqft
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SqFt Lower Floor:0 Sqft
Financial & Terms
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Terms:Cash, Conventional, FHA203K
Location
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Latitude:38.833527
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Longitude:-104.840458
The Property
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Property Type:Residential
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Property Subtype:Single Family
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Construction Status:Existing Home
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Property Attached:No
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Lot Description:Level, Mountain View
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Lot Location:Near Park, Near Schools, Near Shopping Center
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Lot Size:6531
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Lot Size Area:6531.00
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Lot Size Units:SqFt
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Acres Total:0.1499
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Fence:See Prop Desc Remarks
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Miscellaneous:See Prop Desc Remarks
Listing Agent
- Contact info:
- Agent phone:
- (720) 260-0789
- Office phone:
- (720) 807-2890
Taxes
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Tax Year:2024
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Tax Amount:$1,021.51
Beds
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Bedrooms Total:2
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Main Floor Bedroom:1
Baths
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Total Baths:1
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Three Quarter Baths:1
The Listing
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected
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Water:Municipal
Appliances
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Appliances:Dryer, Oven, Range, Refrigerator, Washer
Schools
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Elementary:West
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Jr School:West
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High School:Coronado
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School District:Colorado Springs 11
The Community
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HOA Covenants Exist:No
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Association Fee Frequency:Not Applicable
Parking
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Garage Type:Detached
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Garage Spaces:1
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Garage Amenitities:Oversized
Monthly cost estimate

Asking price
$550,000
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. |
$2,945
|
Taxes | $85 |
Insurance | $151 |
Utilities | $155 See report |
Total | $3,336/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 |
---|---|---|---|---|
6/3/25
Jun 3, 2025
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Listed / Active | PPMLS | $550,000 | |
10/30/24
Oct 30, 2024
|
Price Changed | PPMLS | ||
8/15/24
Aug 15, 2024
|
Price Changed | PPMLS |