$495,000

315 W Monument Street, Colorado Springs, CO 80905

Single-Family Home
Built in 1903
5,036sqft lot
—— car garage
$——/sqft
Listed 8 days ago

Property Description

Rare opportunity to own a westside income property with two separate units in a highly desirable location near downtown Colorado Springs and Colorado College. This property features a remodeled main home and detached cottage (ADU), both with recent interior updates including flooring, fixtures, lighting, and appliances. Each unit is individually fenced, and the cottage offers private alley access with off-street parking, making it highly attractive to tenants. Situated 300ft from the I-25 pedestrian bridge, this location provides easy access to Colorado College, downtown, greenway trails, and major amenities—driving consistent rental demand. Both units are currently leased to long-term tenants, making this a turnkey investment with immediate income, while still offering future upside in this desirable location!

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 2:41PM
Listing Office:: Muldoon Associates Inc : 719-591-8332
Listing Agent:: Brian Bohrer GRI MRP : 308-258-0226
MLS ID:: 2842947

Appliances: DishwasherDisposalDryerGas in KitchenMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
Laundry: Electric Dryer Hookup
Basement: Crawl SpaceSlab
A/C: Ceiling Fan(s)
Heating: Forced Air
Fireplace: None

Roofing: Shingle

School District: Colorado Springs 11
County: El Paso

Zoning: 7412407002
Fencing: Front YardRear

Utilities: Electricity ConnectedNatural Gas Connected
Water: Public

This listing courtesy of Brian Bohrer GRI MRP , Muldoon Associates Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bristol Elementary School

890 N Walnut St, Colorado Springs, CO, 80905

Grades PK-5

0.25 miles away

North Middle School

612 E Yampa St, Colorado Springs, CO, 80903

Grades 6-8

1.01 miles away

Palmer High School

301 N Nevada Ave, Colorado Springs, CO, 80903

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.