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Completely Renovated Duplex with Cottage
For Sale
$475,000

522 N Spruce Street, Colorado Springs, CO 80905

MULTI_FAMILY - Colorado Springs, CO

Property SizeContact for details
Lot Size0.11 Acres
Days on Market19

Property Features for 522 N Spruce 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 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1048

Utilities

Heating system Natural Gas

Building Details

Year built 1899
Roof type Shingle
Listing Agency: Equity Colorado Real Estate
Listed By: Amber Dawn Niskern
Added: Jul 20 Changed: Jul 26 Last Checked: Aug 7 at 8:06AM
MLS# 1429130

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 completely renovated duplex includes a main house and a separate cottage, each updated with brand new kitchens and baths and a stackable washer/dryer. The house features 2 bedrooms (one non-conforming) and 1 full bathroom. The cottage offers 1 bedroom, a 3/4 bath, and a kitchen that opens to the living room. Sewer lines for both homes have been replaced, supporting a lower-maintenance ownership experience. The cottage is separately metered.

Both homes have their own dedicated off-street parking and fenced yards. The property is described as located in a quiet, established neighborhood, and it is positioned just minutes from schools, parks, shopping, and I-25.

With two separately metered homes and distinct outdoor space, the configuration provides flexibility to live in one and rent the other or rent both units. A solid rental history for the past 15 years is also noted.

Key Highlights

  • House and cottage, both completely renovated and move‑in ready
  • Cottage is separately metered and ideal for rental income
  • New kitchens, baths, and stackable washer/dryers in both homes

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,589
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready duplex and cottage with brand new kitchens and baths, in-unit stackable washer/dryers, and separate metering.
Where is this duplex located?
The property is located at 522 N Spruce Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: House and cottage, both completely renovated and move‑in ready; Cottage is separately metered and ideal for rental income; New kitchens, baths, and stackable washer/dryers in both homes
More about this property
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