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224 N Prospect Street, Colorado Springs, CO, 80903

Image Count: 44

$545,000

  • Highlights
  • Income
  • Duplex
  • 224 N Prospect Street, Colorado Springs, CO, 80903 listed by Megan Klos
  • Active
  • MLS#: 5968905
  • Tour #1 | Tour #2
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Space maker

Property Description

Rare opportunity just minutes from downtown! This exceptional investment property features a charming 2-bedroom, 1-bath main house plus a fully separate, turnkey 1-bedroom, 1-bath cottage—perfect for generating rental income or hosting guests. Each residence includes its own private front yard and dedicated parking, offering both privacy and convenience. Ideal for young professionals or savvy buyers looking to offset higher interest rates with built-in rental income, the cottage is move-in ready and can start producing revenue immediately. Located just five minutes from downtown, this property provides a quick commute while maintaining a peaceful neighborhood feel. Opportunities like this are rare—schedule your showing today and see the potential for yourself!

Property Listed By

Picture of REALTOR Listing Property
  • Megan Klos
  • 1357-617-318  Call the Agent 
Picture of Office Listing Property
  • HomeSmart
  • 0018-858-303  Call the Agent 

Property Details

    General Features

  • Property Type: Duplex
  • Year Built: 1900
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $545,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 876
    1 1 588
  • Total Units: 2

    Structure

  • Foundation: Crawl Space
  • Construction Status: Existing
  • Siding: Wood
  • Window Type: Aluminum, Vinyl, Wood

    Features

  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan
  • Laundry: Electric Hook-up
  • Appliances: Countertop System, Dishwasher, Disposal, Dryer, Gas in Kitchen, Kitchen Vent Fan, Refrigerator, Washer

    Taxes, Utilities, Lot

  • Tax: $1,215
  • Lot Size: 0.13 Acres, 5,793 SqFt
  • Appliances: Countertop System, Dishwasher, Disposal, Dryer, Gas in Kitchen, Kitchen Vent Fan, Refrigerator, Washer
  • Laundry: Electric Hook-up
  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected
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          224 N Prospect Street, Colorado Springs, CO, 80903

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          Disclaimer: 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.