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Updated Duplex With Detached Cottage
For Sale
$444,999

315 W Monument Street, Colorado Springs, CO 80905

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.12 Acres
Days on Market50

Property Features for 315 W Monument Street

General Information

Property type Residential Multi Family
Property subtype Other
Basement Crawl Space
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1257

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)

Building Details

Year built 1903
Roof type Shingle
Listing Agency: Muldoon Associates Inc
Listed By: Brian Bohrer GRI MRP
Added: Jul 14 Changed: Aug 19 Last Checked: Sep 1 at 11:06AM
MLS# 2842947

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 includes a remodeled main residence and a detached cottage identified as an ADU. Both units have received recent interior updates, including new flooring, fixtures, lighting, and appliances. Each residence is individually fenced. The front unit is occupied by a tenant, while the rear unit is ready for move-in or leasing. The property includes forced-air heating, ceiling fans, and a shingle roof, with construction dating to 1903.

The 0.1156-acre property is located at 315 W Monument Street in Colorado Springs, approximately 300 feet from the I-25 pedestrian bridge. The cottage has private alley access and off-street parking. Downtown Colorado Springs, Colorado College, greenway trails, and major amenities are identified as nearby destinations.

Key Highlights

  • Duplex with remodeled main residence and detached cottage ADU
  • Front unit is rented; rear unit is ready for move‑in or a new tenant
  • Recent updates include flooring, fixtures, lighting, and appliances

Property Analytics

Current Use

The Travelers House airbnb Bed & Breakfast

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Store & Service Nursing Home Fish Market Restaurant

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,629
Businesses Nearby

Demographics for 80905, CO

17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value

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 separately fenced units include one occupied residence and one available for move-in.
Where is this duplex located?
The property is located at 315 W Monument Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $444,999.
What are key features of this property?
This property features: Duplex with remodeled main residence and detached cottage ADU; Front unit is rented; rear unit is ready for move‑in or a new tenant; Recent updates include flooring, fixtures, lighting, and appliances
More about this property
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