Two-Residence Income
New
For Sale
$449,900
111 W Fountain Boulevard, Colorado Springs, CO 80903
Occupied main-home and cottage units each have separate laundry facilities.
Property SizeContact for details
Days on Market2
Property Features for 111 W Fountain Boulevard
General Information
Standard status
Active
Property subtype
Income
Occupancy
100%
Site & Location
Neighborhood
Ivywild
Units
Unit Mix
1 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,058
Amenities
separate laundry
fenced yard
mature landscaping
Electric Hook-up
3600.0
Municipal
0.0826
Building Details
Year Built
1898
Buildings
2
Tenancy
Multi
Listing Agency:
REMAX PROPERTIES
(719) 337-1448
Listed By:
Mark Jones · License #FA40025962
(678) 677-6034
Source:
Markjoneshomes
Added: Oct 29
Last Checked: Oct 29 at 2:32PM
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 REMAX PROPERTIES
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Investment Insights
Based on property information with market context.
The property includes a 4-bedroom, 2-bathroom main residence and a detached cottage with 1 bedroom and 1 bathroom. Both units are occupied. Improvements include updated kitchens and bathrooms, refreshed interiors, and contemporary flooring. Each residence has its own laundry facilities, and the yard is fenced with mature landscaping.
Built in 1898, the property is near downtown Colorado Springs, with shopping, dining, parks, and major commuter routes also noted nearby. The landlord pays water, gas, and electric service.
Built in 1898, the property is near downtown Colorado Springs, with shopping, dining, parks, and major commuter routes also noted nearby. The landlord pays water, gas, and electric service.
Key Highlights
- Main residence has 4 bedrooms and 2 bathrooms; detached cottage has 1 bedroom and 1 bathroom
- Both residences are occupied
- Separate laundry facilities serve each unit
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
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Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Residential income property - Occupied main-home and cottage units each have separate laundry facilities.
Where is this residential income property located?
The property is located at 111 W Fountain Boulevard Colorado Springs, CO.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Main residence has 4 bedrooms and 2 bathrooms; detached cottage has 1 bedroom and 1 bathroom; Both residences are occupied; Separate laundry facilities serve each unit
