421 S Prospect Street Colorado Springs, CO $ 532,000
421 S Prospect Street
$ 532,000
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421 S Prospect Street

Colorado Springs, CO, 80903
$ 532,000
Baths0.0

Monthly Estimate*

$ 3,276

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $532,000. This home was built in 1910 on a lot size of 0.1837.

*Charming Fully Renovated Downtown Home with R2 Zoning and Income Potential!* Welcome to your dream home in the vibrant heart of Colorado Springs! This beautifully renovated residence, situated on a generous double lot, features highly desirable R2 zoning that creates a fantastic investment opportunity for savvy buyers. As you step inside, you'll be greeted by a bright and open layout that immediately makes you feel at home. The stunning kitchen showcases stainless steel appliances, quartz countertops, and ample cabinetry with serving buffet makes it a perfect space for entertaining. The main floor houses a spacious living area that is infused with natural light, and a convenient dining space that flows seamlessly into the kitchen. Venturing downstairs, you'll discover a fully finished basement that offers a private entrance, providing independence and privacy for guests or tenants alike. This versatile basement includes a fully equipped accessory dwelling unit (ADU) featuring its own inviting living area, a full kitchen, a cozy bedroom and bath, and a modern bathroom—making it ideal for generating rental income or providing comfortable accommodations for visiting friends and family. KEY FEATURES: *Double Lot* Enjoy an expansive outdoor area that presents endless possibilities for gardening, entertaining, or future development projects. *R2 Zoning* Take advantage of the versatile zoning that enhances the property's potential, opening doors for various residential and investment opportunities. *Prime Location* Immerse yourself in the vibrant downtown Colorado Springs lifestyle, with an array of nearby shopping, dining, cultural attractions, and beautiful parks just moments away. This property is the perfect blend of a charming home and a lucrative investment opportunity, making it a rarity in today’s market. Don’t miss out on this exceptional chance to become part of the Colorado Springs community. explore all that this remarkable property has to offer!

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Multi-Family Active

Price

$ 532,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,403

Style

SF Home

Lot Size

0.1837

Year Built

1910

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

8848423

Features
General
Utilities Electricity Connected
Roof Composite Shingle
Appliances Dishwasher Dryer Microwave Oven Range Refrigerator Washer
Water Assoc/Distr
School District Colorado Springs 11
Property Type Income
Yearly Taxes 1403.50
Tax Year 2024
Status Active
Sub Type SF Home
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Exterior
Siding Stucco
Lot Size 8000.0000
Foundation Full Basement
Parking Spaces 2
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Interior
Laundry Facility Electric Hook-up
Fireplace None
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

jeffjohnson@thejohnsonteam.net

Email

Affordability Calculator

$3,393
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,276
Monthly Property Taxes
$117
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
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$532,000 Listed Price

Map


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421 S Prospect Street, Colorado Springs, CO, 80903 is a Multi-Family Home for sale at $532,000 with a lot size of 0.1837. 421 S Prospect Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 80903 which is in Colorado Springs, CO