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Renovated Duplex with Accessory Dwelling

421 S Prospect Street Colorado Springs, CO 80903

421 S Prospect Street, Colorado Springs, CO, 80903
$532,000
For Sale
$532,000

MULTI_FAMILY - Colorado Springs, CO

Lot Size0.18 Acres
Days on Market47

Property Features for 421 S Prospect Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Basement
Full
Standard status
Active
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
1404

Utilities

Heating system
Forced Air
Cooling system
Ceiling Fan(s)

Building Details

Year built
1910
Roof type
Shingle
Listing Agency Keller Williams Premier Realty
25 N Spruce Ste 200, Colorado Springs, CO
Listed by Jeffrey Johnson · License #100031211
Added: Jun 1 Checked: Jul 17 at 4:06 pm
MLS# 8848423 Listing URL

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 fully renovated duplex-style property is set on a double lot and is highlighted by R2 zoning. Inside, the main level features a bright, open layout with a spacious living area and a dining area that flows into the kitchen. The kitchen is described as having stainless steel appliances, quartz countertops, and ample cabinetry.

A fully finished basement includes a private entrance and an accessory dwelling unit with its own living area, full kitchen, bedroom, and bath. The layout is positioned to support independent living arrangements.

The listing also notes the property’s location within downtown Colorado Springs, with nearby shopping, dining, cultural attractions, and parks cited as nearby amenities.

Key Highlights

  • Fully renovated downtown Colorado Springs home with double lot
  • R2 zoning for added flexibility and residential/investment potential
  • Basement includes a private entrance and a fully equipped accessory dwelling unit (ADU)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Pet Store & Service Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully renovated residence with R2 zoning and a finished basement ADU featuring a private entrance.
Where is this duplex located?
The property is located at 421 S Prospect Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $532,000.
What are key features of this property?
This property features: Fully renovated downtown Colorado Springs home with double lot; R2 zoning for added flexibility and residential/investment potential; Basement includes a private entrance and a fully equipped accessory dwelling unit (ADU)
Contact an agent
More about this property
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