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Updated Two-Unit Duplex
New
For Sale
$425,000

222 W Polk St, Colorado Springs, CO 80907

Updated in 2019, the property provides separate residences with shared garage and yard areas.

Property SizeContact for details
Days on Market2

Property Features for 222 W Polk St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1955
Listed By: Area Specialist
Source: Ashfordrealtygroup
Added: Sep 16 Last Checked: Sep 16 at 3:00PM

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.

Built in 1955 and converted from a single-family home, this duplex contains two distinct living spaces with shared access to the garage and yard. The property was updated in 2019, and each unit has its own furnace-related and utility arrangements within the shared configuration.

The upper residence includes 2 bedrooms, 1 bathroom, hardwood flooring, natural light, and one stall in the shared garage. The lower residence offers 1 bedroom, 1 bathroom, bright finishes, natural-light-producing windows, the furnace, and a second garage stall. Both residences use the shared yard, with tenants coordinating its maintenance. Utilities are billed to tenants at a flat rate.

Key Highlights

  • Two‑unit property converted from a single‑family home
  • Updated in 2019
  • Upper unit includes 2 bedrooms, 1 bathroom, hardwood floors, and one garage stall

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Daycare Center Catering Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,400
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Updated in 2019, the property provides separate residences with shared garage and yard areas.
Where is this duplex located?
The property is located at 222 W Polk St 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‑unit property converted from a single‑family home; Updated in 2019; Upper unit includes 2 bedrooms, 1 bathroom, hardwood floors, and one garage stall
More about this property
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