803 S Cascade Avenue, Colorado Springs, CO 80903

Property Description

Investor Special – 3 Homes on One Lot in Prime Downtown Colorado Springs Location! A rare opportunity awaits just blocks from the heart of downtown Colorado Springs—three fully detached homes on one lot, each with separate utilities, private parking, and individual street access. Currently operating as successful short-term rentals, this property offers versatile income potential with multiple exit strategies. Live in one and rent the other two, hold as a highperforming AirBnB portfolio, or subdivide and sell individually for instant equity. Preliminary conversations with the city suggest the subdivision process is straightforward, Located just 1 block from Shuga’s, 2 blocks from the S. Tejon restaurant district, and 3 blocks from the stadium, this location is unbeatable for walkability and rental desirability. Property Breakdown: 803 – 1,352 sq ft Charming two-story home with a fenced yard, central air + mini splits, and new windows. Main-level features a bedroom and full bath, with a second bedroom, full bath, and additional living space upstairs. Updated throughout. Washer and dryer included. 9 – 1,025 sq ft Historic two-story with original hardwood floors, a gas stove, and clawfoot tub. Includes one bedroom and full bath on the main level, and a second bedroom upstairs. Features mini split cooling, and a fenced backyard/patio area perfect for guests or tenants. 15 – 528 sq ft Compact and stylish home with alley access, a detached shed/garage, and a tranquil water feature. Includes a washer/dryer combo and mini split cooling. Ideal for a mid-term rental or personal retreat. Bonus: These homes boast a fascinating piece of local lore—originally owned by the mistress of Colorado Springs tycoon Winfield Scott Stratton.

Listing Status:

Pending

Listing Office:

Keller Williams Premier Realty : 719-445-0234

Listing Agent:

Jeffrey Johnson : 719-930-5169

MLS ID:

5455967

Interior

• Appliances: DishwasherDryerGas in KitchenMicrowaveRangeRefrigeratorWasher
• Laundry: Electric Dryer Hookup
• Basement: Crawl Space
• A/C: Ceiling Fan(s)Central AirOtherWall Unit(s)
• Heating: Forced AirNatural GasWall Furnace
• Fireplace: None

Construction

• Roofing: Shingle

Location

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

Lot

• Zoning: 6419209003
• Fencing: FullFront YardRear

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public

This listing courtesy of Jeffrey Johnson, Keller Williams Premier Realty