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
Bedrooms4 Baths2.0 Sq 1,436

Monthly Estimate*

$ 2,651

Listed by REMAX PROPERTIES
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Multi-Family Home for sale in Colorado Springs, CO

for $425,000 with 4 bedrooms and 2 full baths. This 1,436 square foot home was built in 1959 on a lot size of 0.23.

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.

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Multi-Family Active

Price

$ 425,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,654

Style

Duplex

Lot Size

0.23

Year Built

1959

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

3620514

Features
Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen No Stairs
Flooring Carpet Vinyl
Basement (Y/N) N
Above Grade Finished Area 1436
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Dryer Oven Range Refrigerator Washer
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Exclusions N/A
Year Built 1959
Tenant Pays Electricity Gas Other
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Live/Work
Ownership Corporation/Trust
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Kalthoff
Status Active
Directions From S Nevada/Hwy 115 head west on Cheyenne Blvd turn right onto Lorraine Street right onto Crestone Avenue property will be on right.
High School Cheyenne Mountain
City Colorado Springs
Senior Community Y/N N
High School District Cheyenne Mountain 12
Lot Size Units Square Feet
Lot Size Square Feet 10064
Carport Spaces 0
Listing Terms Cash Conventional VA Loan
Elementary School Skyway
Tax Annual Amount 1654.16
Middle/Junior High School Cheyenne Mountain
Structure Type Duplex
Standard Status Active
Middle/Junior School District Cheyenne Mountain 12
Elementary School District Cheyenne Mountain 12
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Exterior
Exterior Amenities Private Yard Rain Gutters
Fencing Partial
Water Source Public
Total Parking 4
Lot Size Area 10064
Building Area Total 1436
Lot Size Acres 0.23
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Internal Only
Street Number 1 229
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* Excluded Features
List By
Remax Properties

Broker

(719) 499-3124

Phone

Affordability Calculator

$2,789
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$138
Monthly 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
3799539 Elementary School
3043907 Middle School
Cheyenne Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$425,000 -4.49% Price Down
8/20/2025$445,000 -4.30% Price Down
6/17/2025$465,000 Listed Price

Map


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229-231 Crestone Avenue, Colorado Springs, CO, 80905 is a Multi-Family Home for sale at $425,000 with 1,436 sqft and a lot size of 0.23. 229-231 Crestone Avenue has 4 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 80905 which is in Colorado Springs, CO