See Home Value
$768,949*
Multifamily - Off Market

2718 W Colorado Avenue

Colorado Springs, CO 80904
bedrooms
Studio
bathrooms
0 Bath
$473,000 - $577,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Rare opportunity to own an income-producing property in the heart of Old Colorado City. Flexible zoning allows multiple uses. Currently configured as a large main house featuring 3 beds, 2 baths w/ two separate cottages: a one-bedroom and a studio. In addition, the property includes a large detached 2 car garage, stamped concrete driveway & off-street parking minutes from shopping, restaurants, Garden of the Gods & Downtown.  Each unit includes washer/dryer, full fridge and separate metering of all utilities. Highly marketable rentals should lead to strong income and low vacancies. Possibility that upstairs of the main house could be converted to 4th unit or consider office use on the main level for an attorney, accountant, insurance sales, etc for a work/live setup
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,464
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Oct 5, 2019 No longer available -
No longer available
Oct 2, 2019 Sold to Dorothy C Kern $495,000
Sold to Dorothy C Kern
Aug 12, 2019 No longer available -
No longer available
Aug 8, 2019 Listed $525,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
1,322 ft²
$352/ft²
$465,000 Apr 20, 2023
$465,000 Aug 14, 2023
$81/mo
Multifamily
4 Beds
3 Baths
1,978 ft²
$177/ft²
$350,000 Sep 14, 2023
$350,000 Dec 4, 2023
$94/mo
Multifamily
4 Beds
2 Baths
2,048 ft²
$183/ft²
$375,000 Sep 9, 2023
$375,000 Oct 17, 2023
$115/mo
House
4 Beds
2 Baths
2,178 ft²
$218/ft²
$475,000 Mar 29, 2023
$475,000 May 22, 2023
$92/mo
House
3 Beds
2 Baths
1,381 ft²
$344/ft²
$475,000 Apr 20, 2023
$475,000 Jun 16, 2023
$90/mo
House
3 Beds
2 Baths
1,692 ft²
$275/ft²
$465,000 Jun 15, 2023
$465,000 Jul 21, 2023
$91/mo
Multifamily
3 Beds
2 Baths
1,182 ft²
$438/ft²
$518,000 Mar 14, 2024
-
$67/mo
Condo
1 Bed
2 Baths
1,110 ft²
$419/ft²
$464,900 Apr 29, 2023
-
$133/mo
Condo
1 Bed
2 Baths
1,110 ft²
$419/ft²
$464,900 Apr 23, 2024
-
$533/mo
Multifamily
5 Beds
2 Baths
2,147 ft²
$286/ft²
$615,000 Nov 7, 2023
-
$112/mo
Commercial
Loft
-
-
$425,000 Apr 23, 2024
-
$453/mo
House
4 Beds
2 Baths
2,496 ft²
$190/ft²
$475,000 Nov 21, 2023
-
$111/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220811
08/11/2022
Studio
-
-
$650,000
bedrooms
Studio
bathrooms
-
-
-
-
Jason Lyman
00005009-The Cutting Edge
20190808
08/08/2019
Studio
-
-
$525,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

2718 West Colorado Avenue 2718 West Colorado Avenue, Colorado Springs, CO 80904
More about this Building
2718 West Colorado Avenue
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About Old Colorado City


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