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Remodeled Multi-Family with ADU Potential
For Sale
$559,000

54 S Washington Street, Monument, CO 80132

Residential Income, Monument, CO

Property SizeContact for details
Lot Size0.24 Acres
Days on Market43

Property Features for 54 S Washington Street

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district Lewis-Palmer-38
Middle school district Lewis-Palmer-38
High school district Lewis-Palmer-38
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1694

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 1979
Roof type Shingle
Listing Agency: Exp Realty LLC
Listed By: Timothy Enders
Added: Jul 11 Changed: Aug 21 Last Checked: Aug 22 at 7:06AM
MLS# 9996151

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.

Completely remodeled 2022 residence offering a multi-family zoned setup and an interior layout with two bedrooms and a full bathroom on the main level, plus two additional bedrooms and a spacious bathroom downstairs. The primary suite includes a large walk-in closet, and the bathroom features dual sinks, two shower heads, a glass enclosure, and ample storage. The main level offers an open-concept design with an upgraded kitchen including soft-close cabinetry, solid quartz countertops, stainless steel appliances, a gas range/oven, and a custom coffee bar. A wood staircase with cable railing leads to the lower level, and recent improvements include a new roof, new air conditioning, plumbing/hot water heater (2021), updated electrical panel, interior and exterior paint, and LVP flooring.

Outside, the property includes a fenced backyard and an expansive composite deck built for durability, with pipe railing and support structure for a hot tub.

The lot allows for an ADU with private alley access, and plans have already been designed by the current owners. The home is described as fully furnished and professionally decorated, and is presented as move-in ready.

Key Highlights

  • Completely remodeled in 2022 with high‑end finishes and modern design.
  • Large, multi‑family zoned lot with potential for an ADU (Accessory Dwelling Unit) and private alley access; ADU plans already designed.
  • Stunning Front Range mountain views from the living area and expansive composite deck.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Barber Shop Carpet & Flooring Store Catering Service Home Appliance 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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

611
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Completely remodeled 2022 home with a fenced backyard, composite deck, and multi-family zoned lot with ADU potential.
Where is this single family property located?
The property is located at 54 S Washington Street Monument, CO.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Completely remodeled in 2022 with high‑end finishes and modern design.; Large, multi‑family zoned lot with potential for an ADU (Accessory Dwelling Unit) and private alley access; ADU plans already designed.; Stunning Front Range mountain views from the living area and **expansive composite deck**.
More about this property
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