229-231 Crestone Avenue Colorado Springs, CO ^$ 425,000

229-231 Crestone Avenue

^$ 425,000

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229-231 Crestone Avenue

Colorado Springs, CO, 80905

^$ 425,000

Studio Baths0.0

Monthly Estimate*

^$ 2,651

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $425,000. This home was built in 1959 on a lot size of 0.231.

Cute as a Button with Income Potential! This charming, freshly remodeled property features two separate units, offering a fantastic opportunity for multigenerational living, rental income, or live-in-one, rent-the-other flexibility. Both units have been thoughtfully refreshed with modern touches while maintaining their cozy charm. Ideally located just moments from the vibrant shops, restaurants, and amenities along 8th Street, this is an investment opportunity that checks all the boxes for location, lifestyle, and long-term value.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,654

Style

Duplex

Lot Size

0.231

Year Built

1959

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2777949

Features

General

Utilities Electricity Connected Natural Gas Connected

Roof Composite Shingle

Appliances Dishwasher Dryer Oven Range Refrigerator Washer

Water Municipal

School District Cheyenne Mtn-12

Property Type Income

Yearly Taxes 1654.16

Tax Year 2024

Status Active

Sub Type Duplex

Exterior

Siding Wood

Fence Rear

Structure Frame

Lot Size 10064.0000

Foundation Slab

Parking Spaces 4

Interior

Laundry Facility Electric Hook-up

Fireplace None

* Excluded Features

List By

Remax Properties

Broker

tony.clement@remax.net

Affordability Calculator

$2,789

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Colorado Springs, CO

Average List Price ^$768,382

Percent of Sale Price 81%

About Colorado Springs, CO

461,521 Population

27% Since 2002

^$57,575 Median Income

36.95 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3074837 Elementary School

3074842 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/15/2025	$425,000	-4.49%	Price Down
8/20/2025	$445,000	-4.30%	Price Down
6/13/2025	$465,000		Listed Price

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229-231 Crestone Avenue, Colorado Springs, CO, 80905 is a Multi-Family Home for sale at $425,000 with a lot size of 0.231. 229-231 Crestone Avenue is a studio with 0.0 baths and was built in 1959. The property's zip code is 80905 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Pikes Peak REALTOR(R) Services Corp.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of The Pikes Peak REALTOR(R) Services Corp. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The real estate listing information and related content displayed on this site is 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Data is updated as of 12/8/2025.

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229-231 Crestone Avenue

Multi-Family Home for sale in Colorado Springs, CO

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