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Duplex with Separate ADU
For Sale
$709,000

244 Mitchell Avenue, Monument, CO 80132

Residential Income, Monument, CO

Property Size4,384 SF
Lot Size0.23 Acres
Price / SF$161.72
Days on Market45

Property Features for 244 Mitchell Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Fireplace 1
Basement Walk-Out Access
Elementary school district Lewis-Palmer-38
Middle school district Lewis-Palmer-38
High school district Lewis-Palmer-38
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3591

Utilities

Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s)

Building Details

Year built 1972
Roof type Shingle
Listing Agency: Exp Realty LLC
Listed By: Timothy Enders
Added: Jul 9 Changed: Aug 21 Last Checked: Aug 22 at 6:06AM
MLS# 5842572

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.

This duplex property includes a 5-bedroom main residence with approximately 3,600 total square feet plus a separate 784-square-foot accessory dwelling unit. The primary home provides main-level living, an open kitchen and dining arrangement, a finished walkout basement, a private entrance, and multiple flexible living areas. Interior features include Luxury Vinyl Plank flooring, vaulted shiplap ceilings, and a fireplace. Outdoor improvements include a composite deck, hot tub, and landscaped backyard.

Completed in January 2022, the 2-bedroom, 1-bath ADU includes a full kitchen, dining area, and living room. The property sits within walking distance of Monument Lake, historic downtown Monument, two parks, and Mt. Herman hiking and biking trails. Heating is provided by natural gas and forced air, with ceiling fan cooling. The home was built in 1972 and has a shingle roof.

Key Highlights

  • 3,600 total square feet plus 784 square feet in a separate ADU
  • 784‑square‑foot ADU completed in January 2022
  • ADU includes 2 bedrooms, 1 bath, full kitchen, dining area, and living room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Barber Shop Catering Service Grocery & Convenience Store Big Box & Wholesale 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

463
Businesses Nearby

Demographics for 80132, CO

27,533
Population
10,413
Households
2.6
Avg Household Size
44
Median Age
58%
College-Educated
98%
High-School Grad
39.9 sq mi
ZIP Area
690
Density / Sq Mi
$155,176
Median Household Income
$62,826
Median Earnings
$2,134
Median Rent
$700,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Main residence offers one-level living, a finished walkout basement, and flexible space for guests or rental use.
Where is this duplex located?
The property is located at 244 Mitchell Avenue Monument, CO.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: 3,600 total square feet plus 784 square feet in a separate ADU; 784‑square‑foot ADU completed in January 2022; ADU includes 2 bedrooms, 1 bath, full kitchen, dining area, and living room
More about this property
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