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244 Mitchell Avenue Monument, CO 80132

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New
For Sale
$768,000

MULTI_FAMILY - Monument, CO

Property size:
3,600 SF
Lot size:
0.23 Acres
Added:
Mar 27, 2026
Days on Market:
6
Last Refresh:
Apr 1 at 11:06 am

Property Features for 244 Mitchell Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Fireplace
1
Basement
Walk-Out Access
Standard status
Active
Size
3,600 SF
Lot size
0.23 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
3591

Utilities

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

Building Details

Year built
1972
Roof type
Shingle

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Listing Contact
Timothy Enders

Listing agent Timothy Enders

Listing office Exp Realty LLC 9800 Pyramid Ct #400, Englewood, CO

Listing date Mar 27, 2026

MLS# 5842572

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.


Overview

Monument Home with Income Potential

Located in Monument, Colorado, this property offers a versatile living arrangement with income potential. The property is within walking distance of Monument Lake, historic downtown Monument, parks, summer concerts, and the hiking and biking trails of Mt. Herman. The updated 5-bedroom home features main-level living and a fully finished walkout basement, suitable for multi-generational living or rental income. The main level includes Luxury Vinyl Plank flooring, a living room with shiplap walls and a fireplace, and an open-concept kitchen, dining, and flex area with a vaulted shiplap ceiling. A composite deck, private hot tub, and landscaped backyard are accessible from the main level. The walkout basement has a private entrance, a bedroom with an adjacent bathroom, and multiple living/flex spaces with walkout access, suitable for a separate rental unit or guest quarters. Completed in January 2022, a 784 sq ft, 2-bed/1-bath Accessory Dwelling Unit (ADU) features a full kitchen, dining area, and living room. The property is located near a park with basketball, soccer, and a playground. The property is suitable for generating income from the basement and ADU through short, mid, or long-term rentals. The total square footage of the property is 3600, plus an additional 784 square feet for the ADU. The lot size is 0.2314 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Monument
County
El Paso
State
Colorado
Longitude
-104.8725331
Latitude
39.0842649

FAQs

What type of property is this?
Residential income property - Versatile 5-bedroom home with ADU near downtown Monument.
Where is this residential income property located?
The property is located at 244 Mitchell Avenue Monument, CO.
What is the asking price?
The asking price for this property is $768,000.
What are key features of this property?
This property features: Prime location: Walking distance to Monument Lake, downtown Monument, parks, summer concerts, and Mt. Herman hiking/biking trails.; Income potential: Includes a separate 2‑bed/1‑bath Accessory Dwelling Unit (ADU) and a walkout basement suitable for rental income.; Multi‑generational living options: Features main‑level living and a fully finished walkout basement, ideal for extended family or guests.
More about this property
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