12 W Monroe Street Colorado Springs, CO 80907
MULTI_FAMILY - Colorado Springs, CO
Property Features for 12 W Monroe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Basement
- Walk-Out Access, Full
- Standard status
- Pending
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2575
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1951
- Roof type
- Shingle
Listing agent Matthew Orsillo License #100041140 (719) 550-1515
Listing office Better Homes and Gardens Real Estate Kenney & Company 2120-a Academy Circle S, Colorado Springs, CO (719) 550-1515
Listing date Jul 2, 2026
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.
Investment Insights
Based on property information with market context.
The property is located next to CommonSpirit hospital downtown, offering a convenient setting for guests and tenants who may value proximity to medical services. The overall lot size is 0.2066 acres, with the garage and unit arrangement providing multiple rental opportunities within one enclosed property footprint.
For buyers or operators, the layout supports differentiated leasing approaches across separate living spaces, including an exterior entry for the basement unit and a separate studio above the garage. The combination of a full-size main home plus two secondary units can help diversify rental uses while keeping day-to-day operations consolidated on one property.
Key Highlights
- Income‑producing property next to CommonSpirit hospital in downtown
- Main house features 5 bedrooms and 3 bathrooms plus a detached 2‑car garage
- Basement unit has been used as both short‑term and mid‑term rental; includes large bedroom, living, kitchen, 3/4 bath and exterior access
