Patricia Beck
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$599,000

1208 W Colorado AvenueColorado Springs, CO 80904

Sq ft
0
Acres
0.17
Built
1890

Listing courtesy of Coldwell Banker Realty · Active · MLS #9086576

About this home

Zoned Mixed-Use, this Single Family home, plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU—delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area—for added flex/utility. Natural light fills the main living area, flowing into a modern kitchen with coffered ceilings, stainless steel appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance—perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU—ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality—well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting ease of access and tenant convenience. CSU utilities are tenant expense, not separately metered. Historic charm, modern updates, and dual-unit long term rental income potential—this property is a rare, ready-to-perform asset in a prime location.

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Details

Interior

Full / ¾ / half baths
0 / 0 / 0
Basement
Partial Basement
Heating
Forced Air, See Prop Desc Remarks
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace
None
Appliances
220v in Kitchen, Countertop System, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Refrigerator, Washer
Laundry
Electric Hook-up

Exterior and lot

Roof
Composite Shingle
Siding
Wood
Lot
7,500 sq ft
Water
Municipal
Sewer
Sewer

Costs and listing

Property type
Income · SF Home
Taxes
$1,520.37 (2025)
School district
Colorado Springs 11
County
El Paso
MLS #
9086576

Location

50 photos · 1208 W Colorado Avenue, Colorado Springs
Front of main house Front of main house with inviting covered front porch and fully fenced front yard.Photo 3 of 1208 W Colorado Avenue, Colorado SpringsStep inside to the light and bright open floorplan. First Bedroom Suite is shown to left. Ladder leads to the bonus loft area.Opposite view of the living room and entry.View from kitchen into living room and entry. Custom ladder leads to the loft. Well equipped kitchen with large island, breakfast bar and coffered ceilings.Well equipped kitchen with large island, breakfast bar and coffered ceilings.Photo 9 of 1208 W Colorado Avenue, Colorado SpringsPhoto 10 of 1208 W Colorado Avenue, Colorado SpringsPhoto 11 of 1208 W Colorado Avenue, Colorado SpringsView of kitchen from Primary bedroom suite. Walk out to the deck and covered patio from kitchen. Bedroom Suite #1 - has a separate entrance door as well as private full bathroom.Bedroom Suite #1 - has a separate entrance door as well as private full bathroom.Updated full Bathroom #1Bedroom Suite #2 - with walk in closet and private dual vanity bathroom.Bedroom Suite #2 - with walk in closet and private dual vanity bathroom.Bathroom #2 with dual vanities.View from loftLoft space large enough for guest space, office or craft area.Loft space large enough for guest space, office or craft area.Opposite view of the Loft area. Nice size attic storage area behind the door.Laundry area connects to mud room Mud Room or bonus space. Deck and covered porch on the primary house.Deck and covered porch on the primary house.View from deck into the backyard separated into 2 yards, View from deck into the backyard separated into 2 yards, Front of the super cute second home on the property (ADU)Front of the super cute second home on the property (ADU)View from entry into One bedroom ADU. Opposite view from the entry into the living room with bonus loft area above.Opposite view from the entry into the living room with bonus loft area above.Photo 34 of 1208 W Colorado Avenue, Colorado SpringsPhoto 35 of 1208 W Colorado Avenue, Colorado SpringsPhoto 36 of 1208 W Colorado Avenue, Colorado SpringsPhoto 37 of 1208 W Colorado Avenue, Colorado SpringsLight and bright bedroom suite with high ceilings. Opposite view one bedroom suite showing private full bathroomFull bathroomFull bathroom with private laundry area. Bonus loft area. View from the loft area into the great room View from the loft into the bedroom. View of yard from Secondary home towards main house. Gated parking area accessible from the alley. Accommodates two cars. Main House Floor plan Main house loft area floor planPhoto 49 of 1208 W Colorado Avenue, Colorado SpringsGuest House (ADU) Loft Floor plan.
Call Patricia · 719-660-9058