228 Greenwood Avenue
Canon City, CO, 81212 $ 345,000
Bedrooms4 Baths2.0 Sq 2,016 Monthly Estimate*
$ 2,178
Listed by Century 21 Community First
for $345,000 with 4 bedrooms and 2 full baths. This 2,016 square foot home was built in 1979 on a lot size of 0.13.
Updated, well-maintained, and truly rent-ready, this Cañon City duplex offers a strong investment opportunity on a convenient corner lot near Greenwood Avenue and 3rd Street. The property features approximately 2,016 square feet of total living space, a two-car garage, and a practical two-unit layout, believed to consist of two bedrooms and one bathroom per unit. Whether you're an investor, owner-occupant, or buyer seeking a house-hack opportunity, this property offers flexibility and long-term potential. Extensive updates have been completed with the goal of creating a durable, low-maintenance rental asset. The result is a clean and functional duplex that shows exceptionally well and is ready for immediate occupancy. Each unit offers comfortable living spaces, updated finishes, and an overall low-maintenance feel, while retaining select original features, including some windows and fiberglass shower surrounds. The property also presents multiple income opportunities. Previous ownership utilized one unit as a long-term rental and the other as a short-term rental, demonstrating the potential for a hybrid investment strategy. Buyers may choose to continue a combination of traditional and furnished rentals, and with the addition of amenities such as a hot tub or enhanced outdoor spaces, there may be further short-term rental potential. Conveniently located near downtown Cañon City, schools, shopping, restaurants, and everyday services, this duplex benefits from a desirable location with consistent rental demand. Whether you're expanding your investment portfolio, seeking a turnkey multifamily property, or exploring flexible rental strategies, this property represents a compelling opportunity in the Cañon City market.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Composition
Appliances Cooktop Dishwasher Disposal Dryer Microwave Oven Refrigerator Washer
Garage Spaces 0
Construction Materials Frame Wood Siding
Exclusions Seller Personal Property
Year Built 1979
Electric 220 Volts
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Fremont
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Canon City
Full Baths 2
Status Active
Directions From Highway 50 and 3rd street. Head north on 3rd street. Property is on the corner of greenwood and 3rd. Look for sign.
High School Canon City
City Canon City
Senior Community Y/N N
High School District Canon City RE-1
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional FHA Other VA Loan
Elementary School Washington
Tax Annual Amount 1782
Middle/Junior High School Harrison
Property Condition Updated/Remodeled
Structure Type Duplex
Standard Status Active
Middle/Junior School District Canon City RE-1
Elementary School District Canon City RE-1
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InteriorBasement Crawl Space
Flooring Laminate
Basement (Y/N) N
Above Grade Finished Area 2016
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 2
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ExteriorFencing Partial
Parking Features Concrete
Water Source Public
Total Parking 2
Lot Size Area 0.13
Foundation Details Block
Building Area Total 2016
Lot Size Acres 0.13
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByCentury 21 Community FirstBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,178
- Monthly Property Taxes
- $149
- 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 NearbySingle family listings in Canon City, CO
Average List Price $543,385
Percent of Sale Price 58%
About Canon City, CO 16,739 Population
6% Since 2002
$ 41,286 Median Income
44.04 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3268305 Elementary School
3043764 Middle School
Canon City High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/4/2026 | $345,000 | | Listed Price |