1510 Crestone Avenue, Colorado Springs, CO 80905

Colorado Springs
Local realty services provided by:ERA Teamwork Realty
1510 Crestone Avenue,Colorado Springs, CO 80905
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: amanda schneider mrp sfr
Office: amanda schneider
MLS#:3789842
Source:CO_PPAR

Price summary

  • Price:$650,000

About this home

One of the most versatile income-producing properties in Colorado Springs with 5 years of strong rental history and multiple ways to make money. This Ivywild triplex has been successfully operated as a short-term, medium-term, and long-term rental—giving you the flexibility to pivot strategies as the market changes. Live in one unit and rent the others, or keep it fully investment-focused. The property features an oversized 2-car garage with a built-in grease pit and attached heated storage space (previously used as a podcast studio), PLUS a separate standalone 1-car garage. Both garage spaces offer additional income potential and can be rented separately. R5 zoning offers future upside with the ability for additional units, like converting the garages into living space. Low property taxes and paid-off solar panels keep operating costs down and more money in your pocket. The upstairs unit is a fully furnished 2 bed/1 bath with a large laundry room & extra storage, currently rented as...

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Home facts

  • Year built:1963
  • Listing ID #:3789842
  • Added:22 day(s) ago
  • Updated:May 14, 2026 at 02:10 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Microwave Oven, Oven, Refrigerator
  • Basement Description:Full Basement

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall Unit(s)
  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composite Shingle
  • Year built:1963
  • Lot area:0.18 Acres
  • Construction Materials:Alum/Vinyl/Steel
  • Foundation Description:Walk Out

Utilities

  • Water:Municipal

Finances and disclosures

  • Price:$650,000
  • Tax amount:$1,894 (2025)

Features and amenities

  • Laundry features:Dryer, Electric Hook-up, Washer
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