244 Washington Street, Monument, CO 80132
Local realty services provided by:ERA Teamwork Realty
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:188 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
$674,900Active4 beds 3 baths2,933 sq. ft.16211 Monument Rock Court, Monument, CO 80132
MLS# 6914552Listed by: NEW HOME STAR LLC - New
$629,900Active4 beds 3 baths2,752 sq. ft.835 Woodmoor Drive, Monument, CO 80132
MLS# 8862913Listed by: RE/MAX REAL ESTATE GROUP LLC - New
$937,460Active5 beds 4 baths4,416 sq. ft.477 Grand Summit Drive, Monument, CO 80132
MLS# 9380180Listed by: KELLER WILLIAMS ACTION REALTY, LLC - New
$899,950Active4 beds 4 baths4,816 sq. ft.16869 Starfall Drive, Monument, CO 80132
MLS# 4650531Listed by: RICHMOND REALTY INC - New
$1,750,000Active5 beds 3 baths5,258 sq. ft.1325 Boldmere Ct, Monument, CO 80132
MLS# 236082Listed by: CB REALTY - New
$675,000Active4 beds 3 baths2,994 sq. ft.16277 Talons Bluff Lane, Monument, CO 80132
MLS# 6843706Listed by: ICONIC COLORADO PROPERTIES, LLC - New
$598,000Active4 beds 3 baths3,116 sq. ft.2185 Wagon Gap Trail, Monument, CO 80132
MLS# 6317863Listed by: MOUNTAIN SPRINGS REALTY, LLC - New
$969,900Active4 beds 4 baths3,944 sq. ft.17430 Lamplight Drive, Monument, CO 80132
MLS# 3215183Listed by: SPRINGS HOMES INC - New
$775,000Active5 beds 4 baths3,912 sq. ft.2655 Crestwood Drive, Monument, CO 80132
MLS# 9512425Listed by: EXP REALTY, LLC
$575,000Pending4 beds 3 baths2,544 sq. ft.1216 Night Blue Circle, Monument, CO 80132
MLS# 5825465Listed by: MACKENZIE-JACKSON REAL ESTATE