6714 Palace Drive Colorado Springs, CO $ 795,000
6714 Palace Drive
$ 795,000
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6714 Palace Drive

Colorado Springs, CO, 80918
$ 795,000
Baths0.0

Monthly Estimate*

$ 4,895

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $795,000. This home was built in 1972 on a lot size of 0.2296.

This amazing income producing duplex is conveniently located on the north end of Colorado Springs. It has been very well maintained with one side being completely updated presenting a great opportunity for you to live in one side and rent out the other. 6714 is the unit which has been completely updated and ready for a new buyer or a tenant and is currently being used as an AirBnB, 6716 currently has a month-to-month tenant in place and a proven rental history. 6714 Palace has been extensively remodeled throughout. The kitchen and baths have been totally remodeled to include new cabinets, countertops, appliances, plumbing and light fixtures. There is also new wood laminate and new carpet throughout. 6716 Palace is in average-good condition with newer carpet. Both units feature a newer vinyl windows, newer front door (one still to be installed), newer interior paint, 2 separate decks, and two separate huge oversized garages. There are two spots for RV parking which allows for the possibility for some additional rental income, along with several additional off-street parking spots on the driveway. 6714 has a 3 piece bath in the lower level while 6716 has a half bath in the lower level. A new front door and door frame for 6716 Palace will be installed prior to closing (similar to the one at 6714).

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Multi-Family Active

Price

$ 795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,231

Style

Duplex

Lot Size

0.2296

Year Built

1972

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

9387662

Features
General
Utilities Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances Dishwasher Disposal Dryer Kitchen Vent Fan Microwave Oven Refrigerator Self Cleaning Oven Washer
Water Municipal
School District Academy-20
Property Type Income
Yearly Taxes 2231.77
Tax Year 2025
Status Active
Sub Type Duplex
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Exterior
Siding Brick Masonite Type
Fence Rear
Structure Framed on Lot
Lot Size 10000.0000
Foundation Garden Level Partial Basement
Parking Spaces 6
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Interior
Laundry Facility Electric Hook-up
Fireplace Masonry Two Wood Burning
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* Excluded Features
List By
Homesmart

Broker

SkaboSells@gmail.com

Email

Affordability Calculator

$5,081
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3074839 Elementary School
3074833 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2026$795,000 Listed Price

Map


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6714 Palace Drive, Colorado Springs, CO, 80918 is a Multi-Family Home for sale at $795,000 with a lot size of 0.2296. 6714 Palace Drive is a studio with 0.0 baths and was built in 1972. The property's zip code is 80918 which is in Colorado Springs, CO