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Duplex With Separate Fenced Yards
For Sale
$425,000

1002 N Walnut St, Colorado Springs, CO 80905

Recent paint and HVAC updates complement two private outdoor areas, each serving an individual unit.

Property SizeContact for details
Days on Market12

Property Features for 1002 N Walnut St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1968
Listed By: Area Specialist
Source: Ashfordrealtygroup
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 16 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Area Specialist

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Investment Insights

Based on property information with market context.

This 1968 duplex has two units, each with its own fenced yard and access. Recent work includes interior painting and HVAC updates. The upper unit is occupied through December of this year, while the lower unit is available to tour.

The property is near I-25, downtown, shopping, and dining, and sits on a commuter line. Mature trees add to the outdoor setting.

Key Highlights

  • Two units, each with separate fenced yard and access
  • HVAC updates and recent painting
  • Upper unit occupied through December of this year; lower unit available to tour

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Parts Store Kitchen & Bath Showroom Electrical Service Grocery & Convenience Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 80905, CO

17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Recent paint and HVAC updates complement two private outdoor areas, each serving an individual unit.
Where is this duplex located?
The property is located at 1002 N Walnut St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two units, each with separate fenced yard and access; HVAC updates and recent painting; Upper unit occupied through December of this year; lower unit available to tour
More about this property
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