Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1239 Martin Dr Colorado Springs, CO 80915

    For Sale
    $430,000

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.19 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 1239 Martin Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Basement
    Crawl Space
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1967
    Roof type
    Shingle

    Kenney & Company (719) 550-1515 [email protected]

    Listing agent Michael Kenney (719) 459-0168

    Listing date Nov 22, 2025

    MLS# 8572117 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colorado Springs Investment Opportunity

    This property presents an excellent investment opportunity in Colorado Springs. It is a raised ranch single-family home featuring 4 bedrooms and 3 bathrooms. The property includes 1,992 finished square feet, including a partially finished lower level. It is situated on a landscaped corner lot of 0.1928 acres and has an attached 2-car garage. Recent updates include fresh interior paint and flooring. The property is located in District 11, with proximity to schools, shopping, and Powers Blvd, and it offers strong rental potential. Projected rents in the area support attractive cash flow and long-term appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.742773
    Latitude
    38.851899

    Nearby Similar for Sale

    • $1,499,800
      0.16 Acres

      Modern Duplexes in Colorado Springs

      Move-in ready duplexes with finished basements and mountain views.
      145 Terrace Dr, Colorado Springs, CO 80906
      View Details
    • $999,900
      0.16 Acres

      Modern Duplex Near UCCS

      Side-by-side units with 4 beds, 4 baths, 2-car garage.
      4266 Orchid St, Colorado Springs, CO 80917
      View Details
    • $2,627,000
      0.19 Acres

      Downtown Haven Multifamily Opportunity

      Spacious rooms, private bathrooms, and entertainment near downtown attractions.
      6 Boulder Crescent St, Colorado Springs, CO 80903
      View Details
    • $540,000
      0.14 Acres

      Cozy Home with Modern ADU

      Charming home with a fully furnished, modern ADU.
      711 N Spruce St, Colorado Springs, CO 80905
      View Details
    • New
      $575,000
      0.22 Acres

      Colorado Springs Duplex Investment Opportunity

      Spacious duplex in desirable location with strong rental history.
      71 W Old Broadmoor Rd, Colorado Springs, CO 80906
      View Details
    • New
      $775,000
      Pending

      Charming Remodeled Duplex Near Downtown

      Remodeled duplex in historic Old North End neighborhood.
      1401 N Tejon St, Colorado Springs, CO 80907
      View Details

    FAQs

    What type of property is this?
    Single family property - Single-family home with strong rental potential in Colorado Springs.
    Where is this single family property located?
    The property is located at 1239 Martin Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Strong rental potential in District 11 with proximity to schools, shopping, and Powers Blvd.; - Attractive cash flow and long-term appreciation potential.; - Fresh interior paint and flooring provide a low-maintenance investment.
    (719) 459-0168
    Request Owner's contact information
    1239 Martin Dr Colorado Springs, CO 80915
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1239 Martin Dr
    Colorado Springs, CO 80915
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1239 Martin Dr Colorado Springs, CO 80915
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.