2904 W Platte Avenue, Colorado Springs, CO 80904

• 2 beds |
• 2 baths |
• 815 sqft

Property Description

Investor / Builder Opportunity in Old Colorado City – Approved Plans + Strong Upside Located in the heart of Old Colorado City, 2904 W Platte Ave presents a prime value-add opportunity for investors, builders, or contractors looking for their next project. This classic bungalow has already undergone significant demo work, including removal of heavy plaster walls/ceilings and two deteriorating brick chimneys—saving time and upfront labor. The property comes with city-approved plans for a 2 bed / 1 bath layout, along with an alternative 2 bed / 2 bath configuration mock-up, giving flexibility to maximize resale value. A contractor quote is available for the 2/2 build, providing clear insight into project scope and budgeting. With an estimated purchase price around $220K and projected renovation costs near $100K, the opportunity presents a potential $80K+ equity spread for the right buyer executing efficiently. Highlights: Old Colorado City location with strong resale demand Major demo already completed Approved plans + additional layout option included Contractor bid available for reference Significant upside for experienced builder/investor Important Notes: Property is in mid-construction condition. Use caution when touring due to debris and exposed materials.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 5:21AM

Listing Office:

Colorado Homes CO : 719-640-9379

Listing Agent:

Tyler Eberhart : 719-640-9739

MLS ID:

1797243

Interior

• Basement: Partial
• A/C: None
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 1

Construction

• Roofing: Shingle
• General: One

Location

• Originating MLS: recolorado
• School District: Colorado Springs 11
• County: El Paso

Lot

• Zoning: R-4FRACTIONAL LOT 18 BLK 79 OWENLOVE + QUINBYS 2ND ADD TO COLO CITY COLO SPGS + FRACTIONAL LOT 18 FINLEYS ADD TO BLKS 79 + 80 BLK 79 OWENLOVE + QUINBYS 2ND ADD TO COLO CITY COLO SPGS74023-17-017

Utilities

• Sewer: Public Sewer

Financial

• Source: recolorado
• Ownership: Individual
• Exclusions: n/a