944 E Moreno Avenue
Colorado Springs, CO, 80903 $ 650,000
Baths0.0 Monthly Estimate*
$ 4,055
Studio for $650,000. This home was built in 2005 on a lot size of 0.2094.
Updated Duplex with Pikes Peak Views and Strong Income Potential! Two completely independent, unique homes on one lot that boast strong income potential and comfortable living! Unit A was built in 1898, and has been recently renovated with a new roof, paint, remodeled bathroom, and furnace. Unit B was built in 2005 by the prestigious Tara Custom Homes with recent upgrades including a new roof, paint, decking, railing, and A/C coil and condensing unit. All the costly capital improvements have already been done, making this a true low-maintenance asset for years to come. Complete with gorgeous mountain views, this versatile property offers two fully independent homes, each with private exterior entrances; ideal for maximizing rental income, house-hacking, or multigenerational living. Minutes from lively downtown Colorado Springs, Memorial Park, Prospect Lake, Valley Hi Golf Course, Colorado Springs Airport, the US Olympic Training Center, the US Olympic Museum, and the Broadmoor, proximity to what matters most to you becomes your convenience. Walking across the street to the popular Switchback Coffee for your morning brew can become your routine. Easy access to I-25 makes commuting a breeze. With a total of 5 bedrooms, 3 bathrooms, and a 4 car garage, this property caters to almost any situation! Whether you need a place to protect your cars from weather or extra storage space, each unit is equipped with 2 car garages (total of 4) to ensure peace of mind. Step outside to a sprawling backyard with alley access; perfect for tenant enjoyment, additional parking, or future development potential. Two gems, one-of-a-kind interior floor plans, and one centrally located lot in the heart of downtown Colorado Springs! If you're looking to live in one unit and rent the other, or add a top-performing property to your portfolio, this duplex offers endless possibilities! Please feel free to contact the listing agent with any questions, concerns, or to schedule a showing!
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FeaturesGeneralUtilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected
Roof Composite Shingle
Appliances 220v in Kitchen Cook Top Dishwasher Disposal Dryer Microwave Oven Oven Range Refrigerator Washer
Water Municipal
School District Colorado Springs 11
Property Type Income
Yearly Taxes 1320.00
Tax Year 2024
Status Active
Sub Type Duplex
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ExteriorSiding Stucco
Fence All Front Rear
Structure Concrete Framed on Lot Stone
Lot Size 0.2094
Foundation Crawl Space Slab
Parking Spaces 4
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InteriorLaundry Facility Electric Hook-up
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* Excluded FeaturesList ByBetter Homes And Gardens Real Estate Kenney & CompanyBroker
jared.risingrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,055
- Monthly Property Taxes
- $110
- 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.
Learn more about how to save NearbyMulti-family listings in Colorado Springs, CO
Average List Price $768,382
Percent of Sale Price 18%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/22/2025 | $650,000 | -13.33% | Price Down |
| 8/2/2025 | $750,000 | | Listed Price |