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905 E 2nd St, Colorado Springs, CO, 80907

$350,000

Home List Price

$4,156*

Closing Credit

6 Bedrooms
2 Baths
Multi

Location

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905 E 2nd St, Colorado Springs$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1954
HeatingForced Air
CoolingNone
MLS #5313347
Lot Size0.15 Acres
StatusActive

About 905 E 2nd St

Fully Leased Income-Generating Duplex in Central Colorado Springs – Tenants in Place Until July 2025! Welcome to 905 E 2nd St, an outstanding investment opportunity in the highly sought-after 80907 area of Colorado Springs. This side-by-side duplex offers two spacious 3-bedroom, 1-bathroom units, each fully leased with reliable tenants under contract until July 2025. Enjoy immediate, stable rental income with minimal upkeep required. Both units feature generous living spaces with abundant natural light, private entrances, and separate utilities, ensuring a hassle-free management experience. Recent upgrades include a brand-new hot water heater, a new furnace, and $30,000 invested in roof improvements, gutter guards, and fascia boards. The property also boasts outdoor areas and ample off-street parking. Its prime location provides easy access to downtown Colorado Springs, top-rated schools, parks, shopping, and public transportation. With quick access to I-25, this location is highly attractive to tenants, making it a solid, long-term investment. Don’t miss this rare chance to own a low-maintenance, fully-occupied income property in the heart of Colorado Springs.

Property Details

Property Features

Property Information:

  • Year Built: 1954

Listing Office:

  • Office Name: Keller Williams Premier Realty
  • Office Phone: (719) 445-0234
  • Listing Agent: Jeffrey Johnson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Coronado High School, Public District Grades 9-12
  • Mann Middle School, Public District Grades 6-8
  • Edison Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$480K

Med. Price/SqFt

$224

Avg. Days On Market

37

# of Sold Homes

198

905 E 2nd St vs Colorado Springs

1 DAY ON ROCKET

-36 Days

$350,000

-$130K Less

KEY TAKEAWAY

This property is $130K less than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Number: #5313347

Listing Office:

  • Office Name: Keller Williams Premier Realty
  • Office Phone: (719) 445-0234
  • Listing Agent: Jeffrey Johnson

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/18/2024, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-632228
4
/10
  • Edison Elementary School

  • 3125 N Hancock Ave

  • 0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-632229
2
/10
  • Mann Middle School

  • 1001 E Van Buren St

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-632230
5
/10
  • Coronado High School

  • 1590 W Fillmore St

  • 2.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,313. Most Colorado Springs, CO residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoEl Paso CountyColorado Springs80907905 E 2nd St

This home is located at 905 E 2nd St in Colorado Springs, CO and zip code 80907 in the West Colorado Springs neighborhood. This home, which was built in 1954, sits on a 0.15 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $350,000.

Over 47 listings were sold over their listed price in September 2024 in Colorado Springs, CO. In the same period over 100 listings were sold below the listed price and 51 listings were sold for the listed price. The number of homes for sale in Colorado Springs, CO increased by 28.2% between August 2024 and September 2024. In September 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $480,000.

From Rocket Homes Real Estate and based on county public records data.

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