Multi-Family: MLS #3978775 , ^$ 439,000

Multi-Family: MLS #3978775

^$ 439,000

Back to search

Recently Listed

Multi-Family: MLS #3978775

^$ 439,000

Bedrooms2 Baths2.0 Sq 1,186

Monthly Estimate*

^$ 3,032

Listed by Fathom Realty Colorado LLC

Multi-Family Home for sale for $439,000 with 2 bedrooms and 2 full baths. This 1,186 square foot home was built in 1942 on a lot size of 0.21.

Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm. The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house. This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. Private and tucked away among mature trees, this expansive 9,000 SF lot features alley access and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, or a combination of these. Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turnkey. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.

Multi-Family Active

Price

^$ 439,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,119

Style

Cottage

Lot Size

0.21

Year Built

1942

County/Region

EL PASO

MLS | Web ID

3978775

Features

General

Living Area 1186

Sewer Public Sewer

Heating Forced Air

Cooling Other

Utilities Electricity Connected

Roof Composition

Appliances Cooktop Dishwasher Dryer Gas Water Heater Microwave Oven Refrigerator Washer

Zoning R-2

Garage Spaces 0

Architectural Style Cottage

Construction Materials Frame Log Wood Siding

Year Built 1942

Levels One

Property Subtype Duplex

Parcel Number 74124-12-011

County El Paso

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name Sherman

High School Palmer

Senior Community Y/N N

High School District Colorado Springs 11

Lot Size Units Square Feet

Lot Size Square Feet 9000

Carport Spaces 1

Elementary School Bristol

Property Attached Y/N N

Tax Annual Amount 1119

Middle/Junior High School West

Standard Status Active

Middle/Junior School District Colorado Springs 11

Elementary School District Colorado Springs 11

Freehold IDX

Interior

Interior Amenities Built-in Features Ceiling Fan(s) High Speed Internet Smoke Free Utility Sink

Flooring Laminate

Laundry Features In Unit Laundry Closet Main Level

Total Bedrooms 2

Total Baths 2

Exterior

Fencing Partial

Parking Features Driveway-Gravel

Lot Features Many Trees

Water Source Public

Lot Size Area 9000

Foundation Details Slab

Lot Size Acres 0.21

* Excluded Features

List By

Fathom Realty Colorado Llc

Broker

happynest2stay@gmail.com,719-799-0802

Contact

Affordability Calculator

$3,125

Per Month

Monthly Principal & Interest: $3,032
Monthly Property Taxes: $93
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Colorado Springs, CO

Average List Price ^$704,149

Percent of Sale Price 60%

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.

3620726 Elementary School

1730956 Middle School

Palmer High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2026	$439,000		Listed Price

Map

More homes like this one

homes for you

See all

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is 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.

Data is updated as of 10/15/2026.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REcolorado. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REcolorado. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

REcolorado. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

Multi-Family: MLS #3978775

Affordability Calculator

Map

More homes like this one

Get more info about this home