1208 W Colorado Avenue
Colorado Springs, CO, 80904 $ 599,000
Bedrooms2 Baths2.0 Sq 1,519 Monthly Estimate*
$ 4,137
Listed by Coldwell Banker Realty BK
for $599,000 with 2 bedrooms and 2 full baths. This 1,519 square foot home was built in 1890 on a lot size of 0.17.
$15k Concessions offered for Rate buy down or closing costs. Zoned Mixed-Use, this SFH 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. Loads of natural light in modern kitchen with coffered ceilings, SS 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 1519
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Other
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Composition
Appliances Dishwasher Disposal Dryer Electric Water Heater Microwave Range Hood Washer
Zoning MX-M
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch Wrap Around
Architectural Style Cottage
Construction Materials Frame Wood Siding
Year Built 1890
Electric 110V
View Mountain(s)
Levels One
Property Subtype Duplex
Parcel Number 74132-11-018
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name West Colorado Springs
Facing Direction South
Directions Follow I-25 S to exit 142 W Bijou St in Colorado Springs. Slight right to merge onto W Bijou St. Turn left onto N Walnut St. Turn right onto Colorado Ave home is on right (North) side of street.
High School Coronado
City Colorado Springs
Entry Location Stairs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Spaces 0
Elementary School West
Property Attached Y/N N
Tax Annual Amount 1520
Middle/Junior High School West
Virtual Tour https://www.zillow.com/view-imx/c2df141c-2b17-44f5-b9d4-98057d23024d?initialViewType=pano
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Freehold IDX
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InteriorInterior Amenities Ceiling Fan(s) Eat-in Kitchen Granite Counters High Ceilings High Speed Internet In-Law Floorplan Kitchen Island Primary Suite Smoke Free Vaulted Ceiling(s) Walk-In Closet(s)
Basement Partial
Flooring Vinyl
Total Fireplaces 0
Laundry Features In Unit Main Level Multiple Locations
Total Bedrooms 2
Entry Level 1
Total Baths 2
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ExteriorExterior Amenities Gas Grill Private Yard Rain Gutters Smart Irrigation
Fencing Full
Parking Features Concrete Tandem
Lot Features Landscaped Many Trees Near Public Transit Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 7500
Foundation Details Block
Lot Size Acres 0.17
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* Excluded FeaturesList ByColdwell Banker Realty BkBroker
becky.groe719@gmail.com,719-640-8167Contact
Affordability Calculator
- Monthly Principal & Interest
- $4,137
- Monthly Property Taxes
- $127
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $704,149
Percent of Sale Price 18%
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.
3615233 Elementary School
1730956 Middle School
Coronado High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/27/2026 | $599,000 | | Listed Price |