803 S Cascade AVE new Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80903
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5455967
Year Built 1894
Annual Tax Amount $1,894
Tax Year 2024
Lot Size 9,500 Sqft
Property Sub-Type Multi Family
Property Description
Investor Special – 3 Homes on One Lot in Prime Downtown Colorado Springs Location! A rare opportunity awaits just blocks from the heart of downtown Colorado Springs—three fully detached homes on one lot, each with separate utilities, private parking, and individual street access. Currently operating as successful short-term rentals, this property offers versatile income potential with multiple exit strategies. Live in one and rent the other two, hold as a highperforming AirBnB portfolio, or subdivide and sell individually for instant equity. Preliminary conversations with the city suggest the subdivision process is straightforward, Located just 1 block from Shuga's, 2 blocks from the S. Tejon restaurant district, and 3 blocks from the stadium, this location is unbeatable for walkability and rental desirability. Property Breakdown: 803 – 1,352 sq ft Charming two-story home with a fenced yard, central air + mini splits, and new windows. Main-level features a bedroom and full bath, with a second bedroom, full bath, and additional living space
upstairs. Updated throughout. Washer and dryer included. 9 – 1,025 sq ft Historic two-story with original hardwood floors, a gas stove, and clawfoot tub. Includes one bedroom and full bath on the main level, and a second bedroom upstairs. Features mini split cooling, and a fenced backyard/patio area perfect for guests or tenants. 15 – 528 sq ft Compact and stylish home with alley access, a detached shed/garage, and a tranquil water feature. Includes a washer/dryer combo and mini split cooling. Ideal for a mid-term rental or personal retreat. Bonus: These homes boast a fascinating piece of local lore—originally owned by the mistress of Colorado Springs tycoon Winfield Scott Stratton.
Location
State CO
County El Paso
Area Colorado Springs Addition
Interior
Cooling Ceiling Fan(s),Central Air,Other,Wall Unit(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Electric Hook-up
Exterior
Fence All,Front,Rear
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Crawl Space
Water Municipal
Structure Type Frame
Schools
School District Colorado Springs 11
Others
Special Listing Condition Lead Base Paint Discl Req