# 12 W Monroe Street, Colorado Springs, CO 80907

> **TL;DR:** residential multi family, $999,900, built 1951.
> A/C. Est. $4,333/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,900 |
| Year Built | 1951 |
| Lot Size | 8,999 sqft (0.21 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1951
- 0.21 acre lot

## Description

### Agent Description
Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

## Location

- **Address:** 12 W Monroe Street, Colorado Springs, CO 80907
- **County:** El Paso
- **Coordinates:** 38.86594, -104.82443
- **Google Maps:** https://www.google.com/maps?q=38.86594,-104.82443

## Listing Agent

- **Name:** Matthew Orsillo
- **Brokerage:** Better Homes and Gardens Real Estate Kenney & Company
- **Phone:** (719) 550-1515
- **Email:** RealtorArchitect@gmail.com

## Primary Photo

![12 W Monroe Street - Primary Photo](http://lh.rdcpix.com/817be99850131b167cb7f1b1ac260f01l-f221970220r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/12-w-monroe-street-colorado-springs-co-80907-3741259)*

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**MLS#:** 3741259 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/12-w-monroe-street-colorado-springs-co-80907-3741259)

---

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