Updated Duplex with Separate Living
New
For Sale
$539,000
324 Terrace Place, Manitou Springs, CO 80829
Residential Income, Manitou Springs, CO
Property SizeContact for details
Lot Size0.19 Acres
Days on Market2
Property Features for 324 Terrace Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Basement
Full
Elementary school district
Manitou Springs-14
Middle school district
Manitou Springs-14
High school district
Manitou Springs-14
Standard status
Active
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2190
Utilities
Heating system
Electric (Heating)
Amenities
laundry
private balcony
fenced outdoor space
hot tub
Building Details
Year built
1963
Roof type
Metal
Listing Agency:
Redfin Corporation
(520) 744-6917
Listed By:
Jessica Pero
(719) 714-2002
Added: Aug 21
Last Checked: Aug 22 at 4:06PM
MLS# 9127942
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 1963 duplex contains two self-contained living levels, each arranged with a kitchen, laundry area, two bedrooms, and a 3/4 bath. The upper residence adds an open living area, granite countertops, and a private balcony with views toward Garden of the Gods. The walkout lower level includes a full kitchen, living area, fenced outdoor space, and hot tub; its furnishings are negotiable.
Recent work includes a new main breaker panel and wiring, renovated bathrooms on both floors, mini-split heating and cooling systems, and new downstairs flooring. Four off-street parking spaces are provided, with two assigned to each living area. The property has a documented short-term rental history, and the City of Manitou Springs has indicated eligibility for a new STR permit, subject to city approval.
Situated at 324 Terrace Place in Manitou Springs, the duplex is just off Highway 24 and near downtown Manitou Springs, Garden of the Gods, Old Colorado City, and Colorado Springs.
Recent work includes a new main breaker panel and wiring, renovated bathrooms on both floors, mini-split heating and cooling systems, and new downstairs flooring. Four off-street parking spaces are provided, with two assigned to each living area. The property has a documented short-term rental history, and the City of Manitou Springs has indicated eligibility for a new STR permit, subject to city approval.
Situated at 324 Terrace Place in Manitou Springs, the duplex is just off Highway 24 and near downtown Manitou Springs, Garden of the Gods, Old Colorado City, and Colorado Springs.
Key Highlights
- Two self‑contained living levels, each with a kitchen, laundry, two bedrooms, and a 3/4 bath
- 1963 duplex with 0.1932 acres
- Four off‑street parking spaces, with two serving each living space
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 80829, CO
5,343
Population
2,920
Households
1.8
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
20.1 sq mi
ZIP Area
266
Density / Sq Mi
$85,341
Median Household Income
$51,231
Median Earnings
$1,175
Median Rent
$567,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent living spaces offer kitchens, laundry, and flexible use for rental or multigenerational needs.
Where is this duplex located?
The property is located at 324 Terrace Place Manitou Springs, CO.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two self‑contained living levels, each with a kitchen, laundry, two bedrooms, and a 3/4 bath; 1963 duplex with 0.1932 acres; Four off‑street parking spaces, with two serving each living space
