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Updated Short-Term Rental Property
For Sale
$500,000

623 Manitou Boulevard, Colorado Springs, CO 80904

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.15 Acres
Days on Market15

Property Features for 623 Manitou Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Basement Walk-Out Access
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1539

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

outdoor decks
fire pit
oversized yard

Building Details

Year built 1983
Roof type Shingle
Listing Agency: The Cutting Edge
Listed By: Rodny Rodriguez MRP · License #100068863
Added: Aug 18 Changed: Aug 19 Last Checked: Sep 1 at 1:06PM
MLS# 7726887

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 1983 single-family residence includes a three-bedroom, two-bath main level and a fully converted walkout basement apartment. The lower unit adds one bedroom, one bathroom, a modern kitchenette, and an oversized family room. Updated interiors, an open main-level arrangement, multiple decks, and oversized backyard areas provide flexible indoor and outdoor living space. Heating is provided by forced air with natural gas, complemented by central air conditioning and a shingle roof.

The property is positioned in Colorado Springs’ westside Skyline neighborhood, with access to nearby hiking and biking trails. Garden of the Gods is 3 miles away, Red Rock Open Space is 4 miles away, and the Manitou Incline is 7 miles away. The 0.1515-acre parcel offers a residential setting with two current short-term rental configurations.

Key Highlights

  • Two short‑term rental configurations in one single‑family residence
  • Main level includes 3 bedrooms and 2 full bathrooms
  • Walkout basement apartment has 1 bedroom, 1 bathroom, kitchenette, and oversized family room

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Supermarket Nursing Home Restaurant Clothing & Fashion Store Electrical Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,047
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
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?
Short term rental property - Two separately configured living areas support short-term rental use, guest accommodations, or multigenerational living.
Where is this short term rental property located?
The property is located at 623 Manitou Boulevard Colorado Springs, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two short‑term rental configurations in one single‑family residence; Main level includes 3 bedrooms and 2 full bathrooms; Walkout basement apartment has 1 bedroom, 1 bathroom, kitchenette, and oversized family room
More about this property
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