1208 W Colorado Avenue

Colorado Springs, CO 80904
$599,000
Zoned Mixed-Use, this Single Family home, plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU—delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area—for added flex/utility. Natural light fills the main living area, flowing into a modern kitchen with coffered ceilings, stainless steel appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance—perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU—ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality—well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting… Read MoreRead Less
Market LogoCourtesy of Coldwell Banker Realty.Rebecca Groe GRI, 719-550-2500
Listing Snapshot
Days Online
0
Last Updated
Property Type
SF Home
Lot Size
0.17 Acres
Year Built
1890
MLS Number
9086576
Property Location Map
Additional Details
Appliances & Equipment
Appliances: 220v in Kitchen, Countertop System, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Refrigerator, Washer
Basement
Basement: Partial Basement
Building
Living Area: 0, Number Of Units Total: 2, Year Built: 1890, Structure Type: Framed on Lot, See Prop Desc Remarks
Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Disclosures
Exclusions: Some Staging items.
Fence
Fencing: All
Fireplaces
Features: None
Heating
Heating: Forced Air, See Prop Desc Remarks
Laundry
Features: Electric Hook-up
Lot
0.1722 acres, 7,500 square feet
Owner Pays
Owner Pays: See Show/Agent Remarks
Property
Parcel Number: 7413211018, Property Sub Type: SF Home, Zoning: MX-M
Roof
Roof: Composite Shingle
Sewer
Sewer: Sewer
Taxes
Annual Amount: $1,520
Tenant Pays
Tenant Pays: Electricity, Gas, Sewer, Trash, Water, See Show/Agent Remarks
Utilities
Utilities: Cable Connected, Electricity Connected, Water Source: Municipal
Windows
Features: Vinyl
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Tony Casados
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