735 E Vermijo Avenue, Colorado Springs, CO 80903

Property Description

Turnkey duplex in a prime downtown Colorado Springs location with strong rental history. This fully occupied, income-producing property offers an excellent opportunity for both investors and owner-occupants. Each unit features 3 bedrooms and 2 bathrooms with functional layouts and comfortable living spaces. Well-maintained throughout, each unit includes a gas fireplace, vinyl windows, and durable, low-maintenance finishes that appeal to long-term tenants. Mechanical updates include a furnace and water heater installed in 2020, and the exterior and decks were painted in 2024. The property offers a spacious front yard, alley access with off-street parking, and a rear yard storage shed for additional utility. Its central location provides convenient access to downtown Colorado Springs, Prospect Lake, I-25, shopping, dining, and entertainment. Both tenants are currently on month-to-month leases, offering flexibility for an owner-occupant or an investor looking to adjust rents and maximize future income potential. A well-positioned asset with consistent rental demand and long-term upside in a growing market.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 4:41PM

Listing Office:

Progressive Property Group LLC : 719-439-7647

Listing Agent:

Shumila Anderson-Hodge : 719-660-0425

MLS ID:

5614138

Interior

• Appliances: DishwasherDisposalKitchen Vent FanRangeRefrigerator
• Laundry: Electric Dryer Hookup
• Basement: Crawl Space
• A/C: None
• Heating: Forced AirNatural Gas
• Fireplace: GasTwoSee Remarks
• Disability Feature: See Prop Desc Remarks

Construction

• Roofing: Shingle

Location

• School District: Colorado Springs 11
• County: El Paso

Lot

• Zoning: 6417311047
• Fencing: See Remarks

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas Connected
• Water: Public