Triplex With Detached Two-Car
For Sale
$975,000
Pending
12 W Monroe Street, Colorado Springs, CO 80907
MULTI_FAMILY - Colorado Springs, CO
Property SizeContact for details
Lot Size0.21 Acres
Days on Market61
Property Features for 12 W Monroe Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Basement
Walk-Out Access, Full
Elementary school district
Colorado Springs 11
Middle school district
Colorado Springs 11
High school district
Colorado Springs 11
Standard status
Pending
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2575
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1951
Roof type
Shingle
Listing Agency:
Better Homes and Gardens Real Estate Kenney & Company
(719) 550-1515
Listed By:
Matthew Orsillo · License #100041140
(719) 550-1515
Added: Jul 2
Changed: Aug 1
Last Checked: Aug 31 at 1:06PM
MLS# 3741259
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.
Remodeled triplex designed for flexible income. The main house offers five bedrooms and three bathrooms, plus a detached two-car garage. An exterior entrance provides access to a basement unit with a large bedroom, living area, kitchen, 3/4 bath, and access to shared basement laundry. The basement unit has been used as a short-term rental and mid-term rental.
Above the garage, there is an additional studio unit with a proven track record as a mid- and long-term rental. The property is heated by forced air natural gas and cooled with central air and ceiling fans, with a shingle roof. Built in 1951, the property sits on a 0.2066-acre lot at 12 W Monroe Street in Colorado Springs, CO 80907, near CommonSpirit hospital downtown.
Above the garage, there is an additional studio unit with a proven track record as a mid- and long-term rental. The property is heated by forced air natural gas and cooled with central air and ceiling fans, with a shingle roof. Built in 1951, the property sits on a 0.2066-acre lot at 12 W Monroe Street in Colorado Springs, CO 80907, near CommonSpirit hospital downtown.
Key Highlights
- Main house: five bedrooms and three bathrooms plus detached two‑car garage
- Basement unit accessible from an exterior entrance with large bedroom, living, kitchen, and 3/4 bath
- Basement unit access to shared basement laundry; used as short‑term and mid‑term rental
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 80907, CO
28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Remodeled triplex with a detached two-car garage, including main house, basement unit, and studio unit above the garage.
Where is this triplex located?
The property is located at 12 W Monroe Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Main house: five bedrooms and three bathrooms plus detached two‑car garage; Basement unit accessible from an exterior entrance with large bedroom, living, kitchen, and 3/4 bath; Basement unit access to shared basement laundry; used as short‑term and mid‑term rental
