224 N Prospect ST new

Colorado Springs,CO 80903

$ 545000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5968905

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,215

Tax Year 2025

Lot Size 5,793 Sqft

Property Sub-Type Duplex

Property Description

Rare opportunity just minutes from downtown! This exceptional investment property features a charming 2-bedroom, 1-bath main house plus a fully separate, turnkey 1-bedroom, 1-bath cottage—perfect for generating rental income or hosting guests. Each residence includes its own private front yard and dedicated parking, offering both privacy and convenience. Ideal for young professionals or savvy buyers looking to offset higher interest rates with built-in rental income, the cottage is move-in ready and can start producing revenue immediately. Located just five minutes from downtown, this property provides a quick commute while maintaining a peaceful neighborhood feel. Opportunities like this are rare—schedule your showing today and see the potential for yourself!

Location

State CO

County El Paso

Area Highland

Interior

Cooling Ceiling Fan(s)

Laundry Electric Hook-up

Exterior

Garage Spaces 4.0

Utilities Available Electricity Connected

Roof Type Composite Shingle

Building

Foundation Crawl Space

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Broker Owned

Virtual Tour https://www.zillow.com/view-imx/7a874935-06c7-4059-9e3c-63e49755590d?initialViewType=pano

Unit 1

Sqft 876

Beds 2

Baths 1

Occupied N

Furnished N

Unit 2

Sqft 588

Beds 1

Baths 1

Occupied N

Furnished N

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