740 E Rio Grande Street Colorado Springs, CO ^$ 465,000

740 E Rio Grande Street

^$ 465,000

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Recently Listed Foreclosure

740 E Rio Grande Street

Colorado Springs, CO, 80903

^$ 465,000

Studio Baths0.0

Monthly Estimate*

^$ 2,863

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $465,000. This home was built in 1952 on a lot size of 0.172.

Welcome home to a great property close to downtown, parks, schools and shopping. Live in one side and rent the other or turn this into your own cash cow as your next investment property. This newly remodeled duplex is ready to rent. Each unit has two bedrooms and one full bathroom. The bathrooms have been fully remodeled with new plumbing fixtures, tile surround, vanities and flooring. The kitchens also are new complete with new cabinetry, a stainless steel appliance package and quartz countertops. New interior and exterior paint, new LVP flooring and upgraded carpet. Each unit also has a new furnace and new or newer water heater. This is a turn key investment property ready for your tenants.

Multi-Family Active

Price

^$ 465,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,042

Style

Duplex

Lot Size

0.172

Year Built

1952

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

3891322

Features

General

Utilities Electricity Connected Natural Gas Connected

Roof Composite Shingle

Appliances Dishwasher Microwave Oven Oven Range Refrigerator

Water Municipal

School District Colorado Springs 11

Property Type Income

Yearly Taxes 1042.00

Tax Year 2024

Status Active

Sub Type Duplex

Exterior

Siding Alum/Vinyl/Steel

Structure Framed on Lot

Lot Size 7491.0000

Foundation Crawl Space

Parking Spaces 6

Interior

Laundry Facility Electric Hook-up

* Excluded Features

List By

Stoney Creek Properties

Broker

travis@stoneycreekproperties.com

Affordability Calculator

$2,950

Per Month

Monthly Principal & Interest: $2,863
Monthly Property Taxes: $87
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Colorado Springs, CO

Average List Price ^$752,117

Percent of Sale Price 62%

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
1/12/2026	$465,000		Listed Price

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740 E Rio Grande Street, Colorado Springs, CO, 80903 is a Multi-Family Home for sale at $465,000 with a lot size of 0.172. 740 E Rio Grande Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 80903 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

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 1/29/2026.

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740 E Rio Grande Street

Multi-Family Home for sale in Colorado Springs, CO

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