735 E Vermijo Avenue, Colorado Springs, CO 80903
Local realty services provided by:ERA New Age
735 E Vermijo Avenue,Colorado Springs, CO 80903
$435,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: shumila anderson-hodge, jeff gaddis cne
Office: progressive property group llc.
MLS#:5614138
Source:CO_PPAR
Price summary
- Price:$435,000
About this home
Turnkey duplex in a prime downtown Colorado Springs location with strong rental history. This fully occupied, income-producing property offers an excellent opportunity for both investors and owner-occupants. Each unit features 3 bedrooms and 2 bathrooms with functional layouts and comfortable living spaces.
Well-maintained throughout, each unit includes a gas fireplace, vinyl windows, and durable, low-maintenance finishes that appeal to long-term tenants. Mechanical updates include a furnace and water heater installed in 2020, and the exterior and decks were painted in 2024.
The property offers a spacious front yard, alley access with off-street parking, and a rear yard storage shed for additional utility. Its central location provides convenient access to downtown Colorado Springs, Prospect Lake, I-25, shopping, dining, and entertainment.
Both tenants are currently on month-to-month leases, offering flexibility for an owner-occupant or an investor looking to adjust rents and maximize future income potential.
A well-positioned asset with consistent rental demand and long-term upside in a growing market....
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Home facts
- Year built:1998
- Listing ID #:5614138
- Added:7 day(s) ago
- Updated:March 28, 2026 at 02:14 PM
Rooms and interior
- Kitchen Description:Dishwasher, Disposal, Kitchen Vent Fan, Refrigerator
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composite Shingle
- Year built:1998
- Lot area:0.22 Acres
- Construction Materials:Masonite Type
- Foundation Description:Crawl Space
Utilities
- Water:Municipal
Finances and disclosures
- Price:$435,000
- Tax amount:$1,565 (2025)
Features and amenities
- Laundry features:Electric Hook-up
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