319 S Institute Street
Colorado Springs, CO 80903
- 3 beds
- 1 bath
- 1,026 sqft
- 5,001 sqft lot
- $340 per sqft
- 1899 build
- – on site
Situated on a quiet block in Colorado Springs’ Downtown East neighborhood, this well-maintained 3-bedroom, 1-bath bungalow blends timeless design with practical updates and a location that puts the best of the city at your doorstep. With inviting indoor spaces, smart outdoor improvements, and functional upgrades, the home is move-in ready and suited to a wide range of lifestyles. Inside, you're welcomed by original hardwood floors and large windows that fill the living and dining areas with natural light. The open layout offers comfort and flexibility, complemented by fresh finishes and thoughtful design touches. The kitchen is updated with granite countertops, stainless steel appliances, a tile backsplash, and a peninsula for added seating. Three versatile bedrooms accommodate sleep, work, or creative use, while the bathroom features designer tile, modern lighting, and a sleek vanity. Outside, enjoy a fully fenced backyard with xeriscaping, mature trees, and space for dining or entertaining. A dog run adds convenience, and the detached 2-car garage provides off-street parking and storage. At the rear, a detached bonus structure with its own gas meter and address offers potential for a studio, guest suite, or home office, adding flexibility without defining the property. You're just three blocks from Memorial Park and Prospect Lake, with access to 190+ acres of green space, a YMCA, skate park, and trails. Nearby are the Tejon Street corridor, Shuga’s, Four by Brother Luck, Phantom Canyon Brewing, Colorado College, the Fine Arts Center, Weidner Field, and the U.S. Olympic & Paralympic Museum. With quick access to I-25, transit, and UCHealth Memorial Hospital, this home offers comfort, convenience, and long-term value in one of the city’s most connected neighborhoods.
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Last updated May 10, 2025
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MLS# 3134664 —
The Building
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SqFt Total:1,026 Sqft
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Total Basement SqFt:168
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SqFt Finished:858 Sqft
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Year Built:1899
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Roof:Composite Shingle
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Foundation Details:Crawl Space
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Siding:Wood
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Structure:Concrete, Frame
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Floor Plan:Ranch
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Patio Description:Covered
Interior
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Interior Features:See Prop Desc Remarks
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Floors:Carpet, Tile, Wood
Room Dimensions
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SqFt Main Floor:858 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, FHA, VA, See Show/Agent Remarks
Location
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Latitude:38.828524
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Longitude:-104.807890
The Property
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Property Type:Residential
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Construction Status:Existing Home
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Property Subtype:Single Family
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Property Attached:No
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Lot Description:Backs to City/Cnty/State/Natl OS, See Prop Desc Remarks
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Lot Location:Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
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Lot Size:5000
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Lot Size Area:5000.00
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Lot Size Units:SqFt
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Acres Total:0.1148
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Outbuildings:See Prop Desc Remarks
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Fence:Rear
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Handicap:See Prop Desc Remarks
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Driveway:Gravel
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Alley:Paved
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Landscaped:Front
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Miscellaneous:Security System
Listing Agent
- Contact info:
- Agent phone:
- (720) 235-9401
- Office phone:
- (844) 515-9880
Taxes
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Tax Year:2024
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Tax Amount:$860.96
Beds
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Bedrooms Total:3
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Main Floor Bedroom:1
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, See Prop Desc Remarks
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Water:Assoc/Distr
Appliances
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Appliances:Dishwasher, Dryer, Gas Grill, Microwave Oven, Oven, Refrigerator, Washer
Schools
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Elementary:Hunt
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Jr School:North
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High School:Palmer
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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:2
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Garage Amenitities:See Prop Desc Remarks
Monthly cost estimate
Asking price
$349,500
| 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. |
$1,871
|
| Taxes | $71 |
| Insurance | $96 |
| Utilities | $173 See report |
| Total | $2,211/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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5/9/25
May 9, 2025
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Listed / Active | PPMLS | $349,500 |
