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

222 W Polk Street, Colorado Springs, CO 80907

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.17 Acres
Days on Market1

Property Features for 222 W Polk Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1112

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)

Amenities

shared yard

Building Details

Year built 1955
Roof type Shingle
Listing Agency: Keller Williams Clients Choice Realty · Keller Williams Realty
Listed By: Rachel Anne Pugia · License #100036554
Added: Sep 14 Last Checked: Sep 14 at 10:06PM
MLS# 4931971

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.

Built in 1955 and updated in 2019, this duplex provides two distinct residences within a shared property layout. The upper unit includes two bedrooms, one bathroom, hardwood flooring, and one garage stall. The lower unit offers one bedroom, one bathroom, bright interior finishes, and the second garage stall. Forced-air heating serves the property, while ceiling fans provide cooling support.

The units share a yard, with residents coordinating its maintenance. Utilities are billed to tenants at a flat rate. Set on a 0.1722-acre lot in Colorado Springs, the property supports either an income-producing rental arrangement or an owner-occupant configuration with a separate second residence.

Key Highlights

  • Two‑unit duplex updated in 2019
  • Upper residence includes 2 bedrooms, 1 bathroom, hardwood floors, and 1 garage stall
  • Lower residence includes 1 bedroom, 1 bathroom, and 1 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.

Lease Details

2
Residential units

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
View Realmo Analytics

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 - Two independent residences offer flexible rental or owner-occupant use with shared outdoor and garage areas.
Where is this duplex located?
The property is located at 222 W Polk Street 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 duplex updated in 2019; Upper residence includes 2 bedrooms, 1 bathroom, hardwood floors, and 1 garage stall; Lower residence includes 1 bedroom, 1 bathroom, and 1 garage stall
More about this property
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