Duplex Investment
910 1st Street Colorado Springs, CO 80907
910 1st Street, Colorado Springs, CO, 80907
$410,000
For Sale
$410,000
MULTI_FAMILY - Colorado Springs, CO
Property Size1,536 SF
Lot Size0.17 Acres
Price / SF$266.93
Days on Market109
Property Features for 910 1st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,536 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1176
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1955
- Roof type
- Shingle
Listing Agency
Equity Colorado Real Estate
(720) 722-3209
7887 E Bellview Ave Ste 175, Denver, CO
Listed by
Molly McCollum CMRS MRP
(720) 722-3209
Added: Mar 31 Checked: Jul 17 at 2:06 pm
MLS# 9479561
Listing URL
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.
This duplex presents a great investment opportunity. Each of the two units features 2 bedrooms and 1 bath within 768 square feet, complemented by large, fenced-in yards. Situated near the North Nevada redevelopment, the Lincoln Center, and Palmer Park, the property offers convenient access to I-25 and downtown Colorado Springs. The lot size is 0.168 acres. Each unit is individually metered, with all utilities paid by the tenants.
Key Highlights
- Great investment property with both units currently rented, providing immediate income.
- Tenants pay all utilities, maximizing landlord profit.
- Each unit features 2 bedrooms and 1 bath with 768 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.4k | $19.80 |
| − Vacancy | −$1.7k | −$1.09 |
| EGI | $28.7k | $18.71 |
| − OpEx | −$8.6k | −$5.61 |
| NOI | $20.1k | $13.10 |
1,536 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.4K
$251.5K – $335.3K
NOI $20,118 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$266.3K
$233.1K – $310.7K
NOI $18,644 @ 7.0% cap · market cap 4.55%
Theoretical Best
Specialty Retail
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with two units, each with 2 bedrooms and 1 bath.
Where is this duplex located?
The property is located at 910 1st Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Great investment property with both units currently rented, providing immediate income.; Tenants pay all utilities, maximizing landlord profit.; Each unit features 2 bedrooms and 1 bath with 768 square feet.
