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    229-231 Crestone Ave Colorado Springs, CO 80905

    For Sale
    $425,000

    Charming, remodeled duplex near 8th Street shops and restaurants.

    Lot size:
    0.23 Acres

    Property Features for 229-231 Crestone Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1959

    Source: REMAX PROPERTIES Agent Martha Marzolf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Duplex with Income Potential

    This property features two separate units, offering potential for multigenerational living or rental income. Both units have been remodeled with modern touches while maintaining their original charm. The property is located moments from the shops, restaurants, and amenities along 8th Street.
    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 Daycare Center

    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
    -104.8332246
    Latitude
    38.8090339

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    FAQs

    What type of property is this?
    Duplex - Charming, remodeled duplex near 8th Street shops and restaurants.
    Where is this duplex located?
    The property is located at 229-231 Crestone Ave 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 separate units offer income potential or multigenerational living.; - Freshly remodeled with modern touches.; - Ideally located near shops, restaurants, and amenities along 8th Street.
    (719) 440-5764
    Request Owner's contact information
    229-231 Crestone Ave Colorado Springs, CO 80905
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    Colorado Springs, CO 80905
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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
    229-231 Crestone Ave Colorado Springs, CO 80905
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