102 Holly Street
Colorado Springs, CO, 80904 $ 1,600,000
Bedrooms-- Baths-- Monthly Estimate*
$ 11,051
Listed by Pulse Real Estate Group LLC
for $1,600,000. This building was built in 1920 on a lot size of 0.65.
Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.
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Commercial ActiveBungalow,Chalet,Cottage,Studio
FeaturesGeneralSewer Public Sewer
Utilities Electricity Connected Natural Gas Connected
Roof Shingle
Zoning R-2 HS
Garage Spaces 0
Architectural Style Bungalow Chalet Cottage Studio
Construction Materials Frame
Year Built 1920
Property Subtype Multi Family
Current Use Multi-Family Residential
Parcel Number 74032-05-023
County El Paso
Property Type Commercial Sale
HOA N
Attached Garage N
Directions From the intersection of W. Cimarron St. (US-24) and N. 31st St. head north on N. 31st St. Turn left onto W. Colorado Ave. then right onto Columbia Rd. Bear right at the Y to remain on Columbia Rd. C
City Colorado Springs
Senior Community Y/N N
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 28496
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 1584
Virtual Tour https://tour.giraffe360.com/c8771b1f39ca4e84a611d629c3f3d844/
Standard Status Active
Freehold IDX
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ExteriorExterior Amenities Balcony Dog Run Garden
Parking Features Driveway-Gravel
Lot Features Corner Lot Foothills Irrigated Landscaped Near Public Transit
Water Source Public
Lot Size Area 28496
Lot Size Acres 0.65
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* Excluded FeaturesList ByPulse Real Estate Group LlcBroker
coddingtonscott@gmail.com,719-238-3536Contact
Affordability Calculator
- Monthly Principal & Interest
- $11,051
- Monthly Property Taxes
- $132
- 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 NearbyCommerical listings in Colorado Springs, CO
Average List Price $1,485,000
Percent of Sale Price 7%
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.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $1,600,000 | -10.86% | Price Down |
| 7/20/2026 | $1,795,000 | | Listed Price |