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Updated Duplex with Detached Garages
New
For Sale
$449,900

1304 E Pikes Peak Ave, Colorado Springs, CO 80909

Two residential units feature separate garages, recent improvements, and park-facing outdoor space.

Property Size13,300 SF
Lot Size0.31 Acres
Price / SF$33.83
Days on Market2

Property Features for 1304 E Pikes Peak Ave

General Information

Standard status Active
Size 13,300 SF
Total Parking Spaces 2
Lot size 0.31 Acres
Property subtype Multi-Family
Occupancy 50%

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 1

Amenities

front patio

Building Details

Year Built 1951
Buildings 1
Tenancy Single
Listed By: Area Specialist
Source: Ashfordrealtygroup
Added: Sep 7 Last Checked: Sep 8 at 5:42AM

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

Investment Insights

Based on property information with market context.

This duplex contains two 2-bed, 1-bath units, with a 1-car detached garage assigned to each residence. One unit is leased, while the other is vacant and includes LVP flooring, an updated kitchen with dishwasher, and a front patio oriented toward Memorial Park. The property sits on a 13,300 sq ft corner lot and was built in 1951.

Recent work includes buried electrical lines, new water lines, a newer sewer line, double-pane replacement windows, a newer roof and gutters, new garage doors and openers, and a concrete backyard added to address drainage issues. Unit 1308 has a new fridge and furnace, while one side received new LVP flooring in 2026. A new east-side fence completes the exterior improvements.

The property is directly across from Memorial Park and within walking distance of downtown, Colorado College, coffee shops, and restaurants. I-25 and Hwy 24 provide regional access, while the park offers views of the Labor Day Lift Off, concerts, trails, and community events.

Key Highlights

  • Two 2‑bed, 1‑bath units, each with a 1‑car detached garage
  • 13,300 sq ft corner lot directly across from Memorial Park
  • One unit leased; the second is vacant and ready to lease or owner‑occupy

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Travel Agency Daycare Center Grocery & Convenience 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
50%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

860
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature separate garages, recent improvements, and park-facing outdoor space.
Where is this duplex located?
The property is located at 1304 E Pikes Peak Ave 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: Two 2‑bed, 1‑bath units, each with a 1‑car detached garage; 13,300 sq ft corner lot directly across from Memorial Park; One unit leased; the second is vacant and ready to lease or owner‑occupy
More about this property
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