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Updated 2-Unit Duplex
New
For Sale
$610,000

2429 Platte Avenue, Colorado Springs, CO 80904

Each residence has two bedrooms and its own kitchen, with laundry space in both units.

Property SizeContact for details
Days on Market7

Property Features for 2429 Platte Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Duplex

Site & Location

Neighborhood Old Colorado City
Road Access Yes

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,215

Amenities

patio
deck
front porch
laundry room

Building Details

Year Built 1905
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: SoLux Properties
Listed By: Terri Lux
Source: Curtisryanrealestate
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

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 SoLux Properties

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Investment Insights

Based on property information with market context.

This two-unit duplex was built in 1905 and relocated to its current lot in 1979. Both residences have two bedrooms, a kitchen, living space, and laundry facilities. The upper unit also includes a dining area, front porch, and rear deck; the lower unit has a full bath and a large laundry and storage room. Recent improvements include kitchens, baths, windows, appliances, flooring, lighting, drywall, and interior and exterior paint. The property has a poured-concrete foundation, two flagstone patios, front landscaping, and alley access with off-street parking for four vehicles.

The home is in Old Colorado City, two blocks from Colorado Avenue’s restaurants and shops. Platte Avenue ends at 25th Street, which limits traffic on the street. The upper unit is rented, while the lower unit has a furnished three-month tenant.

Key Highlights

  • Two‑bedroom layout in each of the 2 units
  • Built in 1905 and moved to the lot in 1979
  • Recent updates include kitchens, baths, windows, appliances, flooring, lighting, drywall, and paint

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,329
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and its own kitchen, with laundry space in both units.
Where is this duplex located?
The property is located at 2429 Platte Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Two‑bedroom layout in each of the 2 units; Built in 1905 and moved to the lot in 1979; Recent updates include kitchens, baths, windows, appliances, flooring, lighting, drywall, and paint
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