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2201 W Pikes Peak Avenue , Colorado Springs, CO 80904

$495,000
  • 2201 W Pikes Peak Avenue , Colorado Springs, CO 80904 Main Photo

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Active
BEDS5 BATHS2 SQUARE FEET1,226 MLS#6076879
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPleasant Valley SCHOOLColorado Springs 11

Listing Courtesy of: Kaufman Hagan
Agency Contact: drew@khcommercial.com,303-859-0682
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Property Description

County: El Paso Year Built: 1898 Buildings | Stories: 1 | 1 Total Units: 2 Construction: Wood Siding Roof Type: Pitched Gross Building SF: 1,925 Lot SF: 3,480 Parking: Off-Street/Street Heating: Electric Baseboard Zoning: R-2 Gas/Electric: Individual Water/Sewer: MasterThe Pikes Peak Duplex offering presents a prime multifamily investment opportunity in the heart of historic Old Colorado City, Colorado Springs. This charming side-by-side duplex delivers two renovated units with strong rental appeal, combining substantial recent capital improvements and remaining cosmetic value-add upside in one of the citys most vibrant, walkable, and desirable neighborhoods. Just minutes from Garden of the Gods, Cheyenne Mountain Zoo, The Broadmoor, and Downtown CO Springs, residents enjoy immediate access to premier lifestyle amenities, outdoor recreation, and major employment centers. Recent upgrades include LVP flooring throughout, PEX plumbing conversion, and complete electrical panel modernization to current code standards. Units feature kitchen updates with backsplash, appliances, cabinets, and sink, plus bathroom renovations with tile and vanity. This stabilized duplex offers investors a combination of location-driven demand, significant capital improvements, and targeted value-add upside through cosmetic enhancements. With strong in-place performance and long-term appreciation potential in a premium neighborhood, it represents a compelling entry point into the Colorado Springs multifamily market. HIGHLIGHTS- LVP flooring replacement throughout - $30K worth of interior improvements - Plumbing line replacement to PEX piping - Electric breaker panel and electric main line upgrade to modern code standards - Excellent location in the heart of Old Colorado City and 10 minutes west of Downtown CO Springs - Excellent walkability to unique/vibrant retail shops, restaurants, and entertainment

2201 W Pikes Peak Avenue | MLS# 6076879

This multi-family property located at 2201 W Pikes Peak Avenue , Colorado Springs, CO 80904 is currently listed for sale with an asking price of $495,000. W Pikes Peak Avenue is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.coreenacolorado.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Baseboard, Electric
Lot Size: 0.08 Acres
Roof Type: Unknown
Stories: 1.0
Taxes: $1,227
Year Built: 1898

Feature Descriptions

Baths Total: 2
Days on Site: 25
Exclusions: Any and all private property.
Exterior: Frame, Wood Siding
Parcel#: 74114-12-001
Sewer: Public Sewer

Local Schools

High School: Coronado
Middle School: West
Elementary School: West
School District: Colorado Springs 11

Listed By / Shown By

Listed By

Agency Name: Kaufman Hagan
Agency Contact: drew@khcommercial.com,303-859-0682

Shown By

Agent Name: Coreena Dones
Agent Phone: Cell: (720) 425-0851
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 2,684.87 per month $2,438.24 Principal & Interest $102.25 Property Tax $144.38 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 12:48:06 AM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Tue 03/31/2026 11:34:27 PM EST) or Pikes Peak REALTORR Services Corp (last updated Wed 04/01/2026 12:45:12 AM EST) or Pueblo MLS (last updated Wed 04/01/2026 12:43:42 AM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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