1208 W Colorado Avenue
Colorado Springs, CO, 80904 $ 599,000
Bedrooms3 Baths3.0 Sq 1,697 Monthly Estimate*
$ 3,782
for $599,000 with 3 bedrooms and 3 full baths. This 1,697 square foot home was built in 1890 on a lot size of 0.1722.
Zoned Mixed-Use, this Single Family home, plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU—delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area—for added flex/utility. Natural light fills the main living area, flowing into a modern kitchen with coffered ceilings, stainless steel appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance—perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU—ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality—well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting ease of access and tenant convenience. CSU utilities are tenant expense, not separately metered. Historic charm, modern updates, and dual-unit long term rental income potential—this property is a rare, ready-to-perform asset in a prime location.
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FeaturesGeneralLiving Area 0.0
Sewer Sewer
Heating Forced Air See Prop Desc Remarks
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Connected Electricity Connected
Roof Composite Shingle
Appliances 220v in Kitchen Countertop System Dishwasher Disposal Dryer Kitchen Vent Fan Microwave Oven Refrigerator Washer
Year Built 1890
Tenant Pays Electricity Gas Sewer Trash Water See Show/Agent Remarks
Property Subtype SF Home
Tax Year 2025
Parcel Number 7413211018
County El Paso
Property Type Income
HOA N
Status Active
City Colorado Springs
High School District Colorado Springs 11
Lot Size Units SqFt
Lot Size Square Feet 7500.0
Property Attached Y/N N
Tax Annual Amount 1520.37
MLS Area Minor West Colorado Springs
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/c2df141c-2b17-44f5-b9d4-98057d23024d?initialViewType=pano
Assessments Y/N N
Structure Type Framed on Lot See Prop Desc Remarks
Standard Status Active
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InteriorBasement Partial Basement
Fireplace Features None
Window Features Vinyl
Laundry Features Electric Hook-up
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ExteriorSiding Wood
Fencing All
Water Source Municipal
Lot Size 7500.0
Lot Size Acres 0.1722
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,782
- Monthly Property Taxes
- $127
- Monthly 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.
Learn more about how to save NearbyMulti-family listings in Colorado Springs, CO
Average List Price $688,862
Percent of Sale Price 15%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/27/2026 | $599,000 | | Listed Price |