315 W Monument Street Colorado Springs, CO ^$ 495,000

315 W Monument Street

^$ 495,000

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Recently Listed

315 W Monument Street

Colorado Springs, CO, 80905

^$ 495,000

Studio Baths0.0

Monthly Estimate*

^$ 3,048

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $495,000. This home was built in 1903 on a lot size of 0.1156.

Rare opportunity to own a westside income property with two separate units in a highly desirable location near downtown Colorado Springs and Colorado College. This property features a remodeled main home and detached cottage (ADU), both with recent interior updates including flooring, fixtures, lighting, and appliances. Each unit is individually fenced, and the cottage offers private alley access with off-street parking, making it highly attractive to tenants. Situated 300ft from the I-25 pedestrian bridge, this location provides easy access to Colorado College, downtown, greenway trails, and major amenities—driving consistent rental demand. Both units are currently leased to long-term tenants, making this a turnkey investment with immediate income, while still offering future upside in this desirable location!

Multi-Family Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,256

Style

House W/Cottage

Lot Size

0.1156

Year Built

1903

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2842947

Features

General

Utilities Electricity Connected Natural Gas Connected

Roof Composite Shingle

Appliances Dishwasher Disposal Dryer Gas in Kitchen Microwave Oven Range Refrigerator Self Cleaning Oven Washer

Water Municipal

School District Colorado Springs 11

Property Type Income

Yearly Taxes 1256.80

Tax Year 2024

Status Active

Sub Type House W/Cottage

Exterior

Siding Stucco Wood

Fence Front Rear

Structure Framed on Lot Frame

Lot Size 5037.0000

Foundation Crawl Space Slab

Parking Spaces 2

Interior

Laundry Facility Electric Hook-up

Fireplace None

* Excluded Features

List By

Muldoon Associates Inc

Broker

brian@muldoonassociates.com

Affordability Calculator

$3,152

Per Month

Monthly Principal & Interest: $3,048
Monthly Property Taxes: $105
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Colorado Springs, CO

Average List Price ^$702,230

Percent of Sale Price 42%

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.

3784392 Elementary School

3784391 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/24/2026	$495,000		Listed Price

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315 W Monument Street, Colorado Springs, CO, 80905 is a Multi-Family Home for sale at $495,000 with a lot size of 0.1156. 315 W Monument Street is a studio with 0.0 baths and was built in 1903. 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 6.25% 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.

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 3/25/2026.

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315 W Monument Street

Multi-Family Home for sale in Colorado Springs, CO

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