2201 W Pikes Peak Avenue, Colorado Springs, CO 80904
Local realty services provided by:CENTURY 21 Community First
2201 W Pikes Peak Avenue,Colorado Springs, CO 80904
$440,000
- 5 Beds
- 2 Baths
- 1,226 sq. ft.
- Multi-family
- Active
Listed by: drew madayag
Office: kaufman hagan
MLS#:6076879
Source:ML
Price summary
- Price:$440,000
- Price per sq. ft.:$358.89
About this home
County: El Paso
Year Built: 1898
Buildings | Stories: 1 | 1
Total Units: 2
Construction: Wood Siding
Roof Type: Pitched
Gross Building SF: 1,925
Lot SF: 3,480
Parking: Off-Street/Street
Heating: Electric Baseboard
Zoning: R-2
Gas/Electric: Individual
Water/Sewer: Master
The Pikes Peak Duplex offering presents a prime multifamily investment opportunity in the heart of historic Old Colorado City, Colorado Springs. This charming side-by-side duplex delivers two renovated units with strong rental appeal, combining substantial recent capital improvements and remaining cosmetic value-add upside in one of the city’s most vibrant, walkable, and desirable neighborhoods.
Just minutes from Garden of the Gods, Cheyenne Mountain Zoo, The Broadmoor, and Downtown CO Springs, residents enjoy immediate access to premier lifestyle amenities, outdoor recreation, and major employment centers.
Recent upgrades include LVP flooring throughout, PEX plumbing conversion, and complete electrical panel modernization to current code standards. Units feature kitchen updates with backsplash, appliances, cabinets, and sink, plus bathroom renovations with tile and vanity.
This stabilized duplex offers investors a combination of location-driven demand, significant capital improvements, and targeted value-add upside through cosmetic enhancements. With strong in-place performance and long-term appreciation potential in a premium neighborhood, it represents a compelling entry point into the Colorado Springs multifamily market.
HIGHLIGHTS
- LVP flooring replacement throughout
- $30K worth of interior improvements
- Plumbing line replacement to PEX piping
- Electric breaker panel and electric main line upgrade to modern code standards
- Excellent location in the heart of Old Colorado City and 10 minutes west of Downtown CO Springs
- Excellent walkability to unique/vibrant retail shops, restaurants, and entertainment...
Contact an agent
Home facts
- Year built:1898
- Subdivision & Development:Pleasant Valley
- Listing ID #:6076879
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Living area:1,226 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1898
- Building area:1,226 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Frame, Wood Siding
- Levels:1 Story
Schools
- High school:Coronado
- Middle school:West
- Elementary school:West
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$440,000
- Price per sq. ft.:$358.89
- Tax amount:$1,227 (2024)
Parking
- Total parking spaces:6
New listings near 2201 W Pikes Peak Avenue
- Coming Soon
$300,000Coming Soon4 beds 2 baths1,739 sq. ft.2458 Payne Circle, Colorado Springs, CO 80916
MLS# 9628527Listed by: BETTER HOMES & GARDENS REAL ESTATE - KENNEY & CO. - Coming Soon
$415,000Coming Soon2 beds 1 baths1,172 sq. ft.640 E Willamette Avenue, Colorado Springs, CO 80903
MLS# 3664642Listed by: LPT REALTY - Coming Soon
$499,900Coming Soon3 beds 3 baths2,756 sq. ft.6921 New Meadow Drive, Colorado Springs, CO 80923
MLS# 2195337Listed by: LIV SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$549,900Coming Soon4 beds 3 baths2,380 sq. ft.3960 Vondelpark Place, Colorado Springs, CO 80907
MLS# 8260695Listed by: BETTER HOMES & GARDENS REAL ESTATE - KENNEY & CO. - New
$399,900Active3 beds 2 baths1,334 sq. ft.3306 Pennsylvania Avenue, Colorado Springs, CO 80907
MLS# 5323783Listed by: COLORADO FLAT FEE REALTY INC - New
$499,900Active5 beds 4 baths3,124 sq. ft.7589 Chenoa Ct, Colorado Springs, CO 80915
MLS# 7935196Listed by: eXp Realty, LLC - New
$409,000Active4 beds 3 baths2,954 sq. ft.6356 Bearcat Loop, Colorado Springs, CO 80925
MLS# 2397110Listed by: REAL BROKER, LLC DBA REAL - Open Sat, 9 to 11amNew
$275,000Active3 beds 2 baths1,369 sq. ft.2514 Hatch Circle, Colorado Springs, CO 80918
MLS# 2668149Listed by: THE CUTTING EDGE - Open Sun, 1 to 3pmNew
$404,900Active3 beds 3 baths1,475 sq. ft.5039 Deviation Point, Colorado Springs, CO 80920
MLS# 4761478Listed by: THE CUTTING EDGE - New
$449,719Active3 beds 4 baths2,776 sq. ft.6185 Juno Court, Colorado Springs, CO 80922
MLS# 4945170Listed by: NEST EGG REALTY, LLC