315 W Monument Street, Colorado Springs, CO 80905

$472,500
  • 315 W Monument Street, Colorado Springs, CO 80905 Main Photo

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Active Price Reduced by $7,500 on May 11th, 2026
BEDS0 BATHS0.0 MLS#2842947
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCahns Add Colorado Springs

Property Description

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!

315 W Monument Street | MLS# 2842947

This multi-family property located at 315 W Monument Street, Colorado Springs, CO 80905 is currently listed for sale with an asking price of $472,500. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: None
Home Style: House W/Cottage
Lot Size: 0.12 Acres
Roof Type: Composite Shingle
Taxes: $1,257
Year Built: 1903

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Basement/Foundation: Crawl Space, Slab
Days on Site: 53
Existing Utilities: Electricity Connected, Natural Gas Connected
Exterior: Stucco, Wood
Laundry Facilities: Electric Hook-up
Parking Spaces: 2
Units: 2
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: Muldoon Associates Inc
Agency Phone: (719) 591-8332

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimated Payment

$ 2,569.89 per month $2,327.41 Principal & Interest $104.67 Property Tax $137.81 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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