Return to Search Results

421 S Prospect Street, Colorado Springs, CO, 80903

Image Count: 48

$532,000

  • Highlights
  • Single Family
  • 3 bd | 2 ba | 1,553 sqft
  • 421 S Prospect Street, Colorado Springs, CO, 80903 listed by Jeffrey Johnson
  • Active
  • MLS#: 2834134
  • Tour #1
  • View on Map
Space maker

Property Description

Discover a rare blend of charm, space, and investment upside in the vibrant heart of Downtown Colorado Springs. This fully renovated home sits on a generous double lot with coveted R2 zoning—allowing a duplex, ADU (accessory dwelling unit), or multi-family use—making it ideal for owner-occupants, house-hackers, and investors. Bright, open-concept main level with natural light, updated flooring, and fresh paint throughout. The kitchen features quartz countertops, stainless-steel appliances (gas range, dishwasher, refrigerator), shaker cabinetry, tile backsplash, and a serving buffet—designed for daily living and entertaining. Spacious living and dining areas flow seamlessly for easy gatherings. The fully finished basement has a private entrance and a complete ADU: living room, full kitchen, bedroom, and modern full bath. Perfect for long-term rental income, short-term guests (check local STR rules), multi-generational living, or home office/guest suite. Key Features & Lifestyle • Double lot with expansive yard—gardening, entertaining, or future development (subject to zoning). • R2 zoning = flexibility for duplex conversion, ADU, or additional units—rare downtown. • Prime Downtown Colorado Springs location: walk/bike to restaurants, breweries, shopping, parks, trails, CC, and the Pikes Peak Greenway. Quick access to I-25, Old Colorado City, and Memorial Park. • Updated systems, modern finishes, and move-in ready condition. Whether you’re seeking a primary residence with income potential, a turnkey house-hack, or a long-term investment, this renovated downtown home delivers lifestyle + cash flow in one of Colorado’s most desirable urban neighborhoods.

Property Listed By

Picture of REALTOR Listing Property
  • Jeffrey Johnson
  • 9615-039-917  Call the Agent 
Picture of Office Listing Property
  • Keller Williams Premier Realty
  • 4320-544-917  Call the Agent 

Property Details

    General Features

  • Property: Single Family, Ranch
  • Year Built: 1910
  • List Price: $532,000
  • County: El Paso
  • School District: Colorado Springs 11

    Rooms

  • Bedrooms: 3
  • Baths: 1 full bath; 1 3/4 bath;
  • Master Bathroom Amenities: Tub/Shower

    Structure

  • Foundation: Full Basement
  • Heating: Forced Air, Heat Pump
  • Garage/Parking #: 2 vehicle(s), Detached
  • Garage Amenities: Even with Main Level
  • Patio Description: Covered
  • Total SqFt: 1,553
  • Finished SqFt: 1,540
  • Basement SqFt: 617
  • Basement % Fin: 98
  • Construction Status: Existing Home
  • Siding: Stucco
  • Structure: Frame

    Features

  • Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator
  • Floors: Wood Laminate
  • Entry: Wood Laminate
  • Additional Items: Ceiling fans, window coverings, as currently installed. Dishwasher, microwave Refrigerator, and stove in lower ADU.

    Taxes, Utilities, Lot

  • Tax: $1,404
  • Lot Size: 0.18 Acres, 8,000 SqFt
  • Street Description: City/Town Road
  • Landscaped: All
  • Fence: All
  • Driveway: Gravel
  • Alley: Gravel
  • Lot Location: Near Hospital, Near Park, Near Schools
  • Lot Description: Corner, Level, Mountain View
  • Existing Utilities: Electricity Connected
  • Existing Water: Assoc/Distr

    Community

    Additional Information

  • Notices: Lead Base Paint Discl Req
      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.
      PPAR.com Website

      421 S Prospect Street, Colorado Springs, CO, 80903

      Image 1 of 48: Front of Structure

      Front of Structure

      Image 2 of 48: Back of Structure

      Back of Structure

      Image 3 of 48: Balcony

      Balcony

      Image 4 of 48: Living Room

      Living Room

      Image 5 of 48: Living Room

      Living Room

      Image 6 of 48: Living Room

      Living Room

      Image 7 of 48: Dining Area

      Dining Area

      Image 8 of 48: Kitchen

      Kitchen

      Image 9 of 48: Kitchen

      Kitchen

      Image 10 of 48: Dining Area

      Dining Area

      Image 11 of 48: Bedroom

      Bedroom

      Image 12 of 48: Bedroom

      Bedroom

      Image 13 of 48: Bathroom

      Bathroom

      Image 14 of 48: Bathroom

      Bathroom

      Image 15 of 48: Bedroom

      Bedroom

      Image 16 of 48: Bedroom

      Bedroom

      Image 17 of 48: Bedroom

      Bedroom

      Image 18 of 48: Mud Room

      Mud Room

      Image 19 of 48: Laundry

      Laundry

      Image 20 of 48: Dining Area

      Dining Area

      Image 21 of 48: Exercise Room

      Exercise Room

      Image 22 of 48: Kitchen

      Kitchen

      Image 23 of 48: Living Room

      Living Room

      Image 24 of 48: Bedroom

      Bedroom

      Image 25 of 48: Bedroom

      Bedroom

      Image 26 of 48: Bathroom

      Bathroom

      Image 27 of 48: Family Room

      Family Room

      Image 28 of 48: Family Room

      Family Room

      Image 29 of 48: Family Room

      Family Room

      Image 30 of 48: Dining Area

      Dining Area

      Image 31 of 48: Dining Area

      Dining Area

      Image 32 of 48: Kitchen

      Kitchen

      Image 33 of 48: Dining Room

      Dining Room

      Image 34 of 48: Mud Room

      Mud Room

      Image 35 of 48: Garage

      Garage

      Image 36 of 48: Garage

      Garage

      Image 37 of 48: Aerial View

      Aerial View

      Image 38 of 48: Yard

      Yard

      Image 39 of 48: Front of Structure

      Front of Structure

      Image 40 of 48: Front of Structure

      Front of Structure

      Image 41 of 48: Front of Structure

      Front of Structure

      Image 42 of 48: Front of Structure

      Front of Structure

      Image 43 of 48: Yard

      Yard

      Image 44 of 48: Back of Structure

      Back of Structure

      Image 45 of 48: Entry

      Entry

      Image 46 of 48: Front of Structure

      Front of Structure

      Image 47 of 48: Mountain Views and Sunsets

      Mountain Views and Sunsets

      Image 48 of 48: Front of Structure

      Front of Structure

      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.