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Victorian Triplex with In-Unit Laundry
For Sale
$630,000

708 Cooper Avenue, Colorado Springs, CO 80905

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market78

Property Features for 708 Cooper Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2311

Utilities

Heating system Baseboard, Natural Gas

Amenities

in-unit laundry
storage shed

Building Details

Year built 1899
Roof type Shingle
Listing Agency: The Platinum Group
Listed By: Carmen Boles DSC MRP RENE · License #100072686
Added: Jun 17 Changed: Aug 20 Last Checked: Sep 2 at 1:06AM
MLS# 3438373

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.

Built in 1899, this three-unit residential property offers a mix of current income and vacant-unit flexibility. The walk-out basement apartment is leased month-to-month, while both upper-level units are vacant and available for occupancy or leasing. Each unit has at least two bedrooms, one to two bathrooms, and in-unit laundry.

The property occupies a 0.2342-acre lot in Colorado Springs and includes a storage shed with easy on-street parking. Substantial foundation work was completed within the last five years. Baseboard heating and natural gas service are identified, and the building has a shingle roof. The existing triplex configuration also supports consideration of a future single-family restoration, as described for the property.

Key Highlights

  • Three‑unit property at 708 Cooper Avenue, Colorado Springs, CO 80905
  • 0.2342‑acre lot with a storage shed and easy on‑street parking
  • Walk‑out basement unit leased month‑to‑month; two upper units currently vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Mobile Phone Store Supermarket Nursing Home Restaurant

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,332
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?
Triplex - Three residential units sit on a nearly quarter-acre lot with a leased basement apartment and two vacant upper units.
Where is this triplex located?
The property is located at 708 Cooper Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Three‑unit property at 708 Cooper Avenue, Colorado Springs, CO 80905; 0.2342‑acre lot with a storage shed and easy on‑street parking; Walk‑out basement unit leased month‑to‑month; two upper units currently vacant
More about this property
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