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12 W Monroe Street, Colorado Springs, CO 80907

Colorado Springs
Local realty services provided by:CENTURY 21 Top Dog Properties
12 W Monroe Street,Colorado Springs, CO 80907
$1,000,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew orsillo
Office: better homes and gardens real estate kenney & company
MLS#:3741259
Source:CO_PPAR

Price summary

  • Price:$1,000,000

About this home

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

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Home facts

  • Year built:1951
  • Listing ID #:3741259
  • Added:1 day(s) ago
  • Updated:May 12, 2026 at 05:47 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Disposal, Gas in Kitchen, Microwave Oven, Refrigerator
  • Basement Description:Full Basement

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composite Shingle
  • Year built:1951
  • Lot area:0.21 Acres
  • Construction Materials:Stucco
  • Foundation Description:Walk Out

Utilities

  • Water:Municipal

Finances and disclosures

  • Price:$1,000,000
  • Tax amount:$2,574 (2024)

Features and amenities

  • Laundry features:Common, Dryer, Electric Hook-up, Washer
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