$620,000
PENDING

Estimated payment $3,483/month

Total Views 4,962
6 Beds
3 Baths
2,918 Sq Ft
$212 Price per Sq Ft

About This Home

This well-maintained Victorian home is a highly profitable investment opportunity, offering three separate rental units with private entries. Whether you're looking to maximize rental income or live in one unit while renting out the others, this centrally located property—situated across from the Olympic Training Center with Pikes Peak views —delivers strong cash flow potential in a sought-after area.
Key investment highlights: Three fully functional units with private entrances for seamless multi-tenant occupancy, Ample parking—5 dedicated spaces in the rear, plus a corner lot for added convenience, Additional income potential with a full storage unit in the fenced backyard, Move-in ready with all appliances in excellent condition and recent upgrades throughout, All units have washer/dryer, stoves and refrigerators.
Unit 1 (Basement Level) – 2-bed, 1-bath with a private side and backyard entrance. Features: updated flooring, a gas stove, and a cozy layout perfect for long-term or short-term renters.
Unit 2 (Main Level) – 2-bed, 1-bath with a fireplace, spacious living area. Private front and back entrances, a well-appointed kitchen with a gas stove and pantry, separate laundry room and plenty of storage space make this a highly desirable unit.
Unit 3 (Upper Level) – 2-bed, 1-bath with breathtaking Pikes Peak views from a private deck. Features LVP flooring, exposed brick, a spacious living area, built-ins, a stackable washer/dryer, and a bright kitchen.

Listing Agent

Kathi Philpot

Century 21 Dream Home Brokerage Phone: 719-260-0369 Listed on: 03/14/2025

Century 21 Dream Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1900

Lot Details

  • 7,501 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,918 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Oven
  • Plumbed For Gas In Kitchen

Laundry

  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,570

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Handicap Amenities: Stairs to back entrance, Stairs to front entrance
  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Triplex
  • Prop. Type: Income
  • Year Built: 1900
  • Attribution Contact: 719-260-0369
  • UnitTotalSQFT: 2918
  • Special Features: UnderContract

Interior Features

  • Alley: Gravel
  • Appliances: Cook Top, Dryer, Gas in Kitchen, Oven, Refrigerator, Washer
  • Fireplace Type: Main Level

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Crawl Space
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot

Garage/Parking

  • ParkingSpacesNumberOf: 5
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0
  • ListingUnits_3_NumGarage: 0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Wall Furnace
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Hot Water: Assoc/Distr

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1722
  • Lot Size: 7500.0000

Tax Info

  • Flip Tax Amount: 1569.62
  • Tax Year: 2022

Multi Family

  • Unit Count: 3

Map

Range of Values:

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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 $1,526 $32,460 -- --
2024 $1,412 $31,880 $4,900 $26,980
2022 $1,570 $28,050 $3,560 $24,490
2021 $1,740 $29,490 $3,740 $25,750
2020 $1,611 $23,740 $3,270 $20,470
2019 $1,603 $23,740 $3,270 $20,470
2018 $1,374 $18,730 $2,150 $16,580
2017 $1,302 $18,730 $2,150 $16,580
2016 $1,067 $18,410 $2,860 $15,550
2015 $1,063 $18,410 $2,860 $15,550
2014 $808 $13,430 $2,860 $10,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $620,000 -1.6% $212 / Sq Ft
03/14/2025 03/14/25 For Sale $630,000 -- $216 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $532,000 Empire Title Co Springs Llc
Warranty Deed $235,800 None Available
Special Warranty Deed $125,000 None Available
Trustee Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $115,000 Unified Title Co Inc
Deed $84,300 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,236 VA
Previous Owner $424,859 No Value Available
Previous Owner $421,920 VA
Previous Owner $420,000 VA
Previous Owner $240,869 Commercial
Previous Owner $156,401 FHA
Previous Owner $140,300 Commercial
Previous Owner $135,000 Commercial
Previous Owner $81,000 Commercial
Previous Owner $80,500 Commercial
Source: Public Records

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Source: Pikes Peak REALTOR® Services

MLS Number: 6384729

Pikes Peak REALTOR® Services

APN: 64093-18-002