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405 N Walnut Street, Colorado Springs, CO 80905

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For Sale

$624,900

2 beds • 1 baths • 1,588 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $393.51
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Charming 1919 bungalow in a prime downtown Colorado Springs location with income-producing potential! Just five minutes from Old Colorado City and conveniently situated near I-25 (north/south) and Highway 24 (east/west), this beautifully remodeled home offers modern updates while preserving its original character. Recent improvements include fresh interior and exterior paint, a brand-new roof and gutters, upgraded electrical with new panels and buried service lines, and a spacious, light-filled layout. The sunny kitchen boasts generous work surfaces ideal for cooking, hosting, or meal prep. Step outside to a wrap-around deck with a gas grill and hot tub, surrounded by lush landscaping, flower beds, herb gardens, a privacy fence, and a soothing water feature perfect for relaxing or entertaining. As a unique bonus, the property also includes a charming outbuilding currently used as a chicken coop, offering the opportunity to collect fresh eggs and naturally fertilize the garden a delightful touch for sustainable living enthusiasts or urban homesteaders. The basement in this main home provides ample storage and additional flexibility. A 2023-built, heated and air-conditioned 2-car detached garage with a small workshop adds tremendous value, paired with a fully equipped 20 x 24 bonus living quarters above. This detached retreat offers a private entrance, full kitchen, a spacious full bath, cozy dining area, dedicated parking, and its own fenced outdoor space ideal for guests, extended family, or income potential. The Seller is open to leaving certain pieces of furniture contact us to learn more. Enjoy stunning mountain views year-round and sparkling city views in the winter. Ideal for multigenerational living or long-term rental income. All just minutes from downtown amenities, shops, and restaurants. A rare find that combines charm, modern comfort, and investment upside!
MLS# 9517916

Courtesy Of Keller Williams Clients' Choice Realty

(719) 535-0355

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Fireplace
    Fireplace
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • Rooms
    Dining Room, Kitchen, Living Room, Office
  • View Type
    City, Mountain

Map and Directions

Directions to 405 N Walnut Street, Colorado Springs, CO 80905

Home seller CENTURY 21 Dream Home

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dream Home

(719) 260-0369
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Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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