244 Washington Street, Monument, CO 80132
Local realty services provided by:ERA Shields Real Estate
244 Washington Street,Monument, CO 80132
$636,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: stephanie lee mrp, andrew lee
Office: lee and associates real estate, inc.
MLS#:6430633
Source:CO_PPAR
Price summary
- Price:$636,500
About this home
Incredible income-producing opportunity located in the heart of downtown Monument! This rare commercial property features two separate dwellings on one beautifully landscaped lot, offering built-in flexibility and multiple streams of potential income.
The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately, ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a short-term rental conversion.
Tucked behind the main home is a updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use.
Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument’s most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value.
****** Take a look at the property video to get a real feel for the layout!********
Contact an agent
Home facts
- Year built:1915
- Listing ID #:6430633
- Added:244 day(s) ago
- Updated:July 17, 2025 at 06:35 PM
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1915
- Lot area:0.18 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$636,500
- Tax amount:$9,727 (2024)
New listings near 244 Washington Street
- New
$385,000Active3 beds 3 baths1,782 sq. ft.1231 Villa Grove, Monument, CO 80132
MLS# 3381823Listed by: PARADIGM REAL ESTATE - New
$865,000Active5 beds 3 baths3,938 sq. ft.17271 Crimson Clover Drive, Monument, CO 80132
MLS# 2424805Listed by: HOUSE HUNTERS, LLC - New
$865,000Active5 beds 3 baths3,938 sq. ft.17271 Crimson Clover Drive, Monument, CO 80132
MLS# 3099470Listed by: HOUSE HUNTERS, LLC - New
$850,000Active4 beds 3 baths3,804 sq. ft.505 Cimarron Road, Monument, CO 80132
MLS# 9782347Listed by: PIKES PEAK DREAM HOMES REALTY - New
$570,000Active3 beds 2 baths3,310 sq. ft.2149 Indian Balsam Drive, Monument, CO 80132
MLS# 4917609Listed by: ACCESS REAL ESTATE PROFESSIONALS INC
$825,000Pending4 beds 4 baths2,898 sq. ft.19550 W Top O The Moor Drive, Monument, CO 80132
MLS# 7635835Listed by: EXP REALTY LLC- New
$675,000Active4 beds 3 baths2,668 sq. ft.16820 Vincent Avenue, Monument, CO 80132
MLS# 1671877Listed by: RE/MAX REAL ESTATE GROUP LLC - Coming SoonOpen Sat, 12 to 2pm
$990,000Coming Soon4 beds 3 baths15802 Lake Mist Drive, Monument, CO 80132
MLS# 7294816Listed by: EXP REALTY, LLC - New
$350,000Active3 beds 3 baths1,486 sq. ft.17007 Blue Mist Grove, Monument, CO 80132
MLS# 2964513Listed by: ASHFORD REALTY GROUP, LLC - New
$797,600Active5 beds 3 baths3,345 sq. ft.327 Grand Summit Drive, Monument, CO 80132
MLS# 7331549Listed by: KELLER WILLIAMS ACTION REALTY, LLC