890 Westmoreland Road, Colorado Springs, CO 80907
- Added:
- Jun 22, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 23 at 6:06 am
Property Features for 890 Westmoreland Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Pending
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1482
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1971
Listing agent Austin Collins PSA SFR License #FA.100101766 (719) 651-1770
Listing office Venterra Real Estate LLC 802 S Tejon Street, Colorado Springs, CO (719) 368-7639
Listing date Jun 22, 2026
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.
HighLights
- Duplex built in 1971 with forced‑air heating
- Each unit is 2 bed, 1.5 bath, with 942 SF and townhome‑style layout
- Private driveways, fenced backyards, and elevated decks off the kitchen for both units
- Remodeled unit is vacant and features new appliances, countertops, interior/exterior paint, luxury vinyl plank flooring, and remodeled bathroom
- Sliding glass door from dining area to a private deck overlooking the fenced backyard
- Units include upstairs living/kitchen/dining/half bath and garden‑level bedrooms, full bath, laundry area, and additional storage
Overview
The remodeled unit has new luxury vinyl plank flooring on the upper level, new appliances and countertops, fresh interior and exterior paint, new carpeting in the bedrooms, and a remodeled bathroom with stone-look porcelain tile and a glass tile accent. A sliding glass door opens from the dining room to a private deck overlooking the fenced backyard.
For an owner-occupant or investor, the property’s two separate units and outdoor privacy make it a straightforward fit for rental use or living in one side while leasing the other. With one unit already remodeled and ready for immediate occupancy, the duplex supports flexible strategies based on your preferred operating plan.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.3k | $19.80 |
| − Vacancy | −$2.1k | −$1.09 |
| EGI | $35.3k | $18.71 |
| − OpEx | −$10.6k | −$5.61 |
| NOI | $24.7k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.810807
- Latitude
- 38.888482
