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    1509 W Platte Ave Colorado Springs, CO 80904

    New
    For Sale
    $359,500

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.17 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1509 W Platte Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1951
    Roof type
    Shingle

    Keller Williams Clients' Choice Realty (719) 535-0355 [email protected]

    Listing agent Gytha Hinkle ABR MRP RENE SFR SRS (719) 492-8646

    Listing date Nov 30, 2025

    MLS# 7034050 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

    Westside Duplex with Mountain Views

    This duplex is located on the Westside of Colorado Springs, in the Old Colorado City neighborhood. The property features mountain views, vinyl siding, and large fenced front and back yards suitable for gardening or pets. Each unit includes 1 bedroom, 1 bathroom, a living room, a 3/4 bath, and a kitchen equipped with a gas range and washer/dryer hookups. The property also has two storage sheds and off-street parking. Gas and electric are separately metered, while water/sewer is on a house-meter. Recent updates include a newer roof (2019), furnace (2016), and water heater (2021), along with permitted structural repairs completed in 2019. The lot size is 0.1722 acres. One unit is vacant. The rent for the occupied unit is currently below market value, offering potential for increased cash flow. The property is being sold as-is and presents an opportunity for a live-in-one, rent-the-other scenario or as a pure investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

    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
    -104.84586
    Latitude
    38.842331

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    FAQs

    What type of property is this?
    Duplex - Duplex in Old Colorado City with investment potential.
    Where is this duplex located?
    The property is located at 1509 W Platte Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $359,500.
    What are key features of this property?
    This property features: - Prime Westside (Old Colorado City) location in a highly desirable area.; - Duplex with investment potential and opportunity for increased cash flow.; - Enjoy mountain views and large fenced yards.
    (719) 492-8646
    Request Owner's contact information
    1509 W Platte Ave Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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    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
    1509 W Platte Ave Colorado Springs, CO 80904
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