315 W Monument Street, Colorado Springs, CO 80905

Colorado Springs
Local realty services provided by:ERA Teamwork Realty
315 W Monument Street,Colorado Springs, CO 80905
$495,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brian bohrer gri mrp
Office: muldoon associates inc
MLS#:2842947
Source:CO_PPAR

Price summary

  • Price:$495,000

About this home

Rare opportunity to own a westside income property with two separate units in a highly desirable location near downtown Colorado Springs and Colorado College. This property features a remodeled main home and detached cottage (ADU), both with recent interior updates including flooring, fixtures, lighting, and appliances. Each unit is individually fenced, and the cottage offers private alley access with off-street parking, making it highly attractive to tenants. Situated 300ft from the I-25 pedestrian bridge, this location provides easy access to Colorado College, downtown, greenway trails, and major amenities—driving consistent rental demand. Both units are currently leased to long-term tenants, making this a turnkey investment with immediate income, while still offering future upside in this desirable location!

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Home facts

  • Year built:1903
  • Listing ID #:2842947
  • Added:3 day(s) ago
  • Updated:March 28, 2026 at 02:14 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Disposal, Gas in Kitchen, Microwave Oven, Refrigerator, Self Cleaning Oven

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Composite Shingle
  • Year built:1903
  • Lot area:0.12 Acres
  • Construction Materials:Stucco, Wood
  • Foundation Description:Crawl Space, Slab

Utilities

  • Water:Municipal

Finances and disclosures

  • Price:$495,000
  • Tax amount:$1,256 (2024)

Features and amenities

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