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    3027-3029 N Institute St Colorado Springs, CO 80907

    New
    For Sale
    $375,000

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 3027-3029 N Institute St

    General Information

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

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1954

    eXp Realty, LLC (303) 882-1191 [email protected]

    Listing agent Darcy King (832) 247-6987

    Listing date Dec 5, 2025

    MLS# 1195603 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

    Centrally Located Colorado Springs Duplex

    This centrally located duplex in Colorado Springs is designed for flexibility, income potential, and long-term value. The property, formerly a single-family home, has been converted into two separate living spaces. This layout is intended to attract renters, support multigenerational living, or create an affordable setup for a starter family. Each unit has its own entrance, kitchen, bedrooms, and bathroom, offering privacy and flexibility. The property is situated on a lot of 0.146 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -104.807266
    Latitude
    38.876087

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    FAQs

    What type of property is this?
    Duplex - Duplex in Colorado Springs with income potential and long-term value.
    Where is this duplex located?
    The property is located at 3027-3029 N Institute St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Duplex with **two separate living spaces**, each featuring its own entrance, kitchen, bedrooms, and bathroom.; - Great income potential through renting one or both units.; - Suitable for multigenerational living, offering flexibility and convenience.
    (832) 247-6987
    Request Owner's contact information
    3027-3029 N Institute St Colorado Springs, CO 80907
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    Colorado Springs, CO 80907
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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
    3027-3029 N Institute St Colorado Springs, CO 80907
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