12 W Monroe Street Colorado Springs, CO ^$ 975,000

12 W Monroe Street

^$ 975,000

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12 W Monroe Street

Colorado Springs, CO, 80907

^$ 975,000

Studio Baths0.0

Monthly Estimate*

^$ 6,156

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Studio

Single Family Home for sale in Colorado Springs, CO

for $975,000. This home was built in 1951 on a lot size of 0.2066.

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

Single Family Contingent

Price

^$ 975,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 2,574

Style

House W/Cottage

Lot Size

0.2066

Year Built

1951

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

3741259

Features

General

Living Area 0.0

Sewer Sewer

Heating Forced Air Natural Gas

Cooling Ceiling Fan(s) Central Air

Utilities Electricity Connected Natural Gas Connected

Roof Composite Shingle

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

Year Built 1951

Tenant Pays Electricity Gas Sewer Water

Property Subtype House W/Cottage

Tax Year 2024

Parcel Number 6406203011

County El Paso

Property Type Income

HOA N

Status Under Contract - Showing

City Colorado Springs

High School District Colorado Springs 11

Lot Size Units SqFt

Lot Size Square Feet 9000.0

Property Attached Y/N N

Tax Annual Amount 2574.94

MLS Area Minor North End

Additional Parcels Y/N N

Virtual Tour https://www.zillow.com/view-imx/4ad7984e-a5b4-4251-a0dc-01a6e6b03d8a?initialViewType=pano

Assessments Y/N N

Structure Type Framed on Lot

Standard Status Active Under Contract

Interior

Basement Full Basement Walk Out

Laundry Features Common Electric Hook-up

Exterior

Siding Stucco

Fencing Rear

Water Source Municipal

Lot Size 9000.0

Lot Size Acres 0.2066

* Excluded Features

List By

Better Homes And Gardens Real Estate Kenney & Company

Broker

719-550-1515

Contact

Affordability Calculator

$6,371

Per Month

Monthly Principal & Interest: $6,156
Monthly Property Taxes: $215
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Single family listings in Colorado Springs, CO

Average List Price ^$644,813

Percent of Sale Price 34%

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
6/18/2026	$975,000	-2.49%	Price Down
5/26/2026	$999,900	-0.01%	Price Down
5/12/2026	$1,000,000		Listed Price

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12 W Monroe Street, Colorado Springs, CO, 80907 is a Single Family Home for sale at $975,000 with a lot size of 0.2066. 12 W Monroe Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 80907 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 8/15/2026.

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12 W Monroe Street

Single Family Home for sale in Colorado Springs, CO

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