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Duplex Property with Finished Basement
For Sale
$400,000

713 S Sheridan Avenue, Colorado Springs, CO 80910

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.19 Acres
Days on Market16

Property Features for 713 S Sheridan Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Partial
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1402

Utilities

Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s)

Amenities

covered front porch
window seat
stainless steel appliances
finished basement
hot tub
fully fenced yard
off-street parking
RV parking

Building Details

Year built 1923
Roof type Shingle
Listing Agency: The Cutting Edge
Listed By: Mike Rosenhahn
Added: Aug 17 Changed: Aug 26 Last Checked: Aug 31 at 11:06PM
MLS# 6194336

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 1923 ranch-style stucco duplex property includes a main level with two bedrooms, a three-quarter bathroom, living and dining areas, and a kitchen equipped with stainless steel appliances. The finished basement adds a separate living area that may accommodate guest, household, or rental use. Forced-air natural gas heating, ceiling fans, and a shingle roof are also present.

Set on a 0.1894-acre R-2 lot, the property provides alley access, off-street parking, RV parking, and a fully fenced yard. A separately fenced patio with a hot tub offers an additional private outdoor area. The home is near downtown Colorado Springs and Memorial Park, with access to Prospect Lake, trails, playgrounds, dining, shopping, and entertainment.

Key Highlights

  • R‑2 lot measuring 0.1894 acres
  • Finished basement with separate living area
  • Two bedrooms and a three‑quarter bathroom on the main level

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Restaurant Hair Salon Electrical Service Kitchen & Bath Showroom Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

Demographics for 80910, CO

30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style stucco property with flexible lower-level space, fenced outdoor areas, and substantial off-street parking.
Where is this duplex located?
The property is located at 713 S Sheridan Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: R‑2 lot measuring 0.1894 acres; Finished basement with separate living area; Two bedrooms and a three‑quarter bathroom on the main level
More about this property
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