About This Home

This 0-bedroom, 0-bathroom multi-family at 1304 E Pikes Peak Avenue in Colorado Springs, CO is listed for $449,900. Built in 1951, on a 0.31 acres lot.

Key Features

  • Built in 1951
  • 0.31 acre lot

Property Details

1951
Listing Description

Rare turnkey duplex on a 13,300 sq ft corner lot directly across from Memorial Park - one of Colorado Springs' most iconic and high-demand rental locations. This income-producing property features two 2-bed, 1-bath units, each with its own 1-car detached garage, offering immediate cash flow with one side leased and the vacant side ready to lease or owner-occupy.

The vacant unit features LVP flooring throughout, an updated kitchen with dishwasher, a great front patio overlooking the park, and stunning Pikes Peak and Front Range views. This duplex has been extensively updated, saving the next owner significant repairs.

Recent improvements include a newly installed concrete backyard to prevent water drainage issues, buried electrical lines, new garage doors and openers on both units (detached garage, one space per unit), new water lines throughout, a newer sewer line, single-pane windows replaced with double-pane, a newer roof and gutters, new LVP flooring on one side in 2026, a new fridge and furnace in unit 1308, and a new fence on the east side.

The corner lot offers privacy and great curb appeal. Neither unit has washer/dryer hook ups. Located directly across from Memorial Park, residents enjoy front-row views of the Labor Day Lift Off, concerts, trails, and community events - a proven rental demand driver.

Walking distance to downtown, Colorado College, coffee shops, and restaurants, with easy access to I-25 and Hwy 24. Ideal for portfolio builders, or value-add investors seeking turnkey income with major improvements already handled. Duplexes in this location rarely hit the market - schedule your showing today!

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1304 E Pikes Peak Avenue

Colorado Springs, CO 80909

Property Details

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1304 E Pikes Peak Avenue is listed at $449,900. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.31 acre lot.

This property is listed by Alec Brunk.

AB

Alec Brunk

Agent at Brunk & Brunk inc. Metro Brokers

Listed by Brunk & Brunk inc. Metro Brokers · Broker phone: (719) 592-9700 · View on Broker Site · Broker website

MLS# 7143611· Source: elevateMLS· 10 days on PropertySimple

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.

1304 E Pikes Peak Avenue, Colorado Springs, CO 80909

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