12 W Monroe Street Colorado Springs, CO $ 1,000,000
12 W Monroe Street
$ 1,000,000
Recently Listed
Open House 5/16 11am - 2pm
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12 W Monroe Street

Colorado Springs, CO, 80907
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,157

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $1,000,000. 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.

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Open House

5/16/2026 11:00 AM - 2:00 PM
12 W Monroe Street Colorado Springs, CO
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-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
Utilities Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances Dishwasher Disposal Dryer Gas in Kitchen Microwave Oven Range Refrigerator Washer
Water Municipal
School District Colorado Springs 11
Property Type Income
Yearly Taxes 2574.94
Tax Year 2024
Status Active
Sub Type House W/Cottage
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Exterior
Siding Stucco
Fence Rear
Structure Framed on Lot
Lot Size 9000.0000
Foundation Full Basement Walk Out
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Interior
Laundry Facility Common Electric Hook-up
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* Excluded Features
List By
Better Homes And Gardens Real Estate Kenney & Company

Broker

RealtorArchitect@gmail.com

Email

Affordability Calculator

$6,372
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$215
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
5/12/2026$1,000,000 Listed Price

Map


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12 W Monroe Street, Colorado Springs, CO, 80907 is a Multi-Family Home for sale at $1,000,000 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