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Updated Two-Unit Duplex
For Sale
$339,900

228 Greenwood Avenue, Canon City, CO 81212

Income, Canon City, CO

Property Size2,016 SF
Lot Size0.13 Acres
Price / SF$168.60
Days on Market34

Property Features for 228 Greenwood Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1782

Utilities

Heating system Forced Air

Building Details

Year built 1979
Roof type Composition
Listing Agency: Century 21 Community First
Listed By: Erick Passmore
Added: Aug 19 Changed: Sep 18 Last Checked: Sep 21 at 11:06AM
MLS# 7620145

Copyright © 2026 Royal Gorge Association of REALTORS®. 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.

This duplex contains approximately 2,016 square feet of total living space across two units, with a reported configuration of two bedrooms and one bathroom per unit. Built in 1979, the property includes a two-car garage, forced-air heating, and a composition roof. Extensive work has been completed, including updated finishes, while some original windows and fiberglass shower surrounds remain. The property is described as ready for occupancy and designed for low-maintenance rental use.

Located on a 0.13-acre corner lot at 228 Greenwood Avenue in Canon City, the duplex is near Greenwood Avenue and 3rd Street. Downtown Canon City, schools, shopping, restaurants, and everyday services are nearby. Prior use included one long-term rental unit and one short-term rental unit, providing an established example of mixed rental operations.

Key Highlights

  • Approximately 2,016 square feet of total living space
  • Two‑unit duplex with a reported two‑bedroom, one‑bath layout per unit
  • 0.13‑acre corner lot at 228 Greenwood Avenue, Canon City

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Home Appliance Store Acupuncture Tanning Salon

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

748
Businesses Nearby

Demographics for 81212, CO

31,643
Population
12,918
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
672.0 sq mi
ZIP Area
47
Density / Sq Mi
$63,545
Median Household Income
$38,670
Median Earnings
$1,063
Median Rent
$286,300
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-unit property with a two-car garage, flexible rental history, and convenient access to downtown services.
Where is this duplex located?
The property is located at 228 Greenwood Avenue Canon City, CO.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Approximately 2,016 square feet of total living space; Two‑unit duplex with a reported two‑bedroom, one‑bath layout per unit; 0.13‑acre corner lot at 228 Greenwood Avenue, Canon City
More about this property
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