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Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm. The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house. This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. Private and tucked away among mature trees, this expansive 9,000 SF lot features alley access and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, or a combination of these. Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turnkey. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.

Highlights

  • Residential Income
  • Duplex
  • Built in 1942
  • 0.21 Acre Lot
  • 47 days on Market

  • Bedrooms
    2
  • Year Built
    1942
  • Architectural Style
    Cottage
  • Construction Materials
    Wood Siding, Frame, Log
  • Foundation
    Slab
  • Parking Features
    Gravel
  • Living Area
    1186.0
  • Interior Features
    High Speed Internet, Ceiling Fan(s), Built-in Features
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Oven, Gas Water Heater
  • Flooring
    Laminate
  • Security Features
    Smoke Detector(s), Carbon Monoxide Detector(s)
  • Cooling
    Ceiling Fan(s), Other
  • Heating
    Forced Air

  • Acres
    0.21
  • Lot Features
    Many Trees
  • Utilities
    Electricity Connected
  • Water
    Public

  • County
    El Paso
  • City
    Colorado Springs
  • Neighborhood
    Sherman
  • Zip Code
    80905
  • High School
    Palmer
  • Middle School
    West
  • Elementary School
    Bristol

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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a 2 bed, N/A bath, listed for $439,000. We can talk through recent upgrades, potential seller motivation, how this duplex compares to others in Colorado Springs, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $2,591. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in El Paso County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Colorado Springs's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in residential incomes in Colorado Springs and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $439,000 with 1,186 sqft of space—that comes out to approximately $370 per square foot.

How long has this property been on the market?

was listed on September 29, 2026, which means it's been on the market for 47 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1942, making it approximately 84 years old.

What is the lot size of this property?

sits on a 0.21-acre lot, which is 9,148 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Bristol
  • Middle: West
  • High: Palmer

Want to see how these schools compare? Check out our El Paso County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $1,119. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.

Last Updated: November 15, 2026 at 12:42PM | Source: REcolorado | MLS#: 3978775