Two-Story Residential Income
For Sale
Contact for pricing
1717 N 7th St, Colorado Springs, CO 80907
Two-level duplex unit with separate living areas, private parking, and access to nearby trails.
Property Size1,016 SF
Price / SF$1.62
Days on Market80
Property Features for 1717 N 7th St
General Information
Standard status
Active
Size
1,016 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Mesa Springs
Building Details
Year Built
1984
Listing Agency:
Teegardin Realty and Investment Company
Listed By:
Tasha Teegardin ABR AHWD GRI · License #040036891
(719) 310-6834
Source:
Hudsonstonegateteam
Added: Aug 5
Changed: Oct 2
Last Checked: Oct 7 at 4:17PM
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 Teegardin Realty and Investment Company
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Investment Insights
Based on property information with market context.
This 1,016-square-foot two-story duplex unit, built in 1984, combines practical residential features with a compact layout. The lower level contains two bedrooms, a full bathroom, and a stackable washer and dryer. Upstairs, the eat-in kitchen includes a pantry and half bathroom, while the living room adds a wood-burning fireplace and ceiling fan. A private off-street parking area serves the unit, and the elevated deck provides city views.
The property is at the end of a cul-de-sac at 1717 N 7th St in Colorado Springs. Nearby outdoor destinations include walking trails, Sonderman Park, and the Beidleman Environmental Center. The location also provides access by car to downtown, Fort Carson, the Air Force Academy, and I-25.
The property is at the end of a cul-de-sac at 1717 N 7th St in Colorado Springs. Nearby outdoor destinations include walking trails, Sonderman Park, and the Beidleman Environmental Center. The location also provides access by car to downtown, Fort Carson, the Air Force Academy, and I-25.
Key Highlights
- 1,016‑square‑foot duplex unit built in 1984
- Two bedrooms and a full bathroom on the lower level
- Upper‑level eat‑in kitchen with pantry and half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,332
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,640
$246.6K
Cap Rate 7%
$176,171
$176.2K
Cap Rate 9%
$137,022
$137.0K
Market Conditions
NOI Build-Up for 1,016 SF
Gross rent
$23.7K $23.28/SF
− Vacancy
−$1.2K −$1.21/SF
EGI
$22.4K $22.07/SF
− OpEx
−$10.1K −$9.93/SF
NOI
$12.3K $12.14/SF
Area
Colorado Springs, CO
Vacancy
5.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,640
Cap Rate 7%
$176,171
Cap Rate 9%
$137,022
Alternative Uses
Best Use
Apartment 5plus
$176.2K
$154.2K – $205.5K
NOI $12,332 @ 7.0% cap · market cap 747.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$200.6K
$175.6K – $234.1K
NOI $14,045 @ 7.0% cap · market cap 851.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
110
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
Frequently Asked Questions
What type of property is this?
Residential income property - Two-level duplex unit with separate living areas, private parking, and access to nearby trails.
Where is this residential income property located?
The property is located at 1717 N 7th St Colorado Springs, CO.
What are key features of this property?
This property features: 1,016‑square‑foot duplex unit built in 1984; Two bedrooms and a full bathroom on the lower level; Upper‑level eat‑in kitchen with pantry and half bathroom
