1214 - 1216 N Wahsatch Avenue
Colorado Springs, CO 80903
4 Beds
3 Baths
2,798 Sq Ft
3 Days on Market
For Sale $749,000
Save
Courtesy of Colorado Realty 4 Less, LLC

Listing Agent & Comments

Kathleen HaasColorado Realty 4 Less, LLC
970-531-7448KathyHaas@coloradorealty4less.com License #100087561
TWO HOMES INCLUDED! LIVE IN ONE - RENT THE OTHER OR RENT BOTH FOR A STEADY INCOME! Incredible investor or owner-occupant opportunity in the heart of Colorado Springs Old North End. This legally zoned R-2 single family home with cottage features a fully rented main house leased at $3,000/month through June 2027, and a detached 1 bedroom cottage currently rented at $1,740/month through September 2025 or earlier. When the cottage lease ends, the new owner can either continue renting to college students at premium rates—or live in the cottage and let the front unit's $3,000/month rent cover a significant portion of the mortgage. With separate gas, electric, and water meters for each unit, plus tenant-paid utilities and a landlord-billed trash arrangement, this property offers efficient, predictable cash flow. Recent upgrades include new appliances and forced air heating + central A/C in the main house. A detached three-car garage provides alley access and offers future income potential as premium parking or storage rentals. Both units share access to basement laundry and storage. Located just blocks from Colorado College and downtown, this property benefits from steady year-round rental demand and strong tenant retention. With gross annual rents of $56,880, separately metered utilities, and low property taxes (~$1,900/year), this turnkey asset is ideal for long-term hold, 1031 exchange, or live-in investment. Zoned R-2 in a historic district (no HOA), this is a rare chance to own a flexible, high-performing asset in one of Colorado Springs most desirable neighborhoods.

MLS# REC2995847 • Data provided by REcolorado
Additional home details
Living Area2,798 Sq.Ft.
Lot Size9,500 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms3
Stories--
Year Built1910
Property TypeSingle Family Detached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
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Comparable properties, forecast, and rental estimate
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HouseCanary, Inc. Brokerage

1214 - 1216 N Wahsatch Avenue, Colorado Springs, CO 80903

Single Family Detached
4 Beds
3 Baths
2,798 Sq Ft
3 Days on Market

Listing Agent & Comments

Kathleen HaasColorado Realty 4 Less, LLC
970-531-7448KathyHaas@coloradorealty4less.com License #100087561
TWO HOMES INCLUDED! LIVE IN ONE - RENT THE OTHER OR RENT BOTH FOR A STEADY INCOME! Incredible investor or owner-occupant opportunity in the heart of Colorado Springs Old North End. This legally zoned R-2 single family home with cottage features a fully rented main house leased at $3,000/month through June 2027, and a detached 1 bedroom cottage currently rented at $1,740/month through September 2025 or earlier. When the cottage lease ends, the new owner can either continue renting to college students at premium rates—or live in the cottage and let the front unit's $3,000/month rent cover a significant portion of the mortgage. With separate gas, electric, and water meters for each unit, plus tenant-paid utilities and a landlord-billed trash arrangement, this property offers efficient, predictable cash flow. Recent upgrades include new appliances and forced air heating + central A/C in the main house. A detached three-car garage provides alley access and offers future income potential as premium parking or storage rentals. Both units share access to basement laundry and storage. Located just blocks from Colorado College and downtown, this property benefits from steady year-round rental demand and strong tenant retention. With gross annual rents of $56,880, separately metered utilities, and low property taxes (~$1,900/year), this turnkey asset is ideal for long-term hold, 1031 exchange, or live-in investment. Zoned R-2 in a historic district (no HOA), this is a rare chance to own a flexible, high-performing asset in one of Colorado Springs most desirable neighborhoods.

MLS# REC2995847 • Data provided by REcolorado
Additional home details
Living Area2,798 Sq.Ft.
Lot Size9,500 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms3
Stories--
Year Built1910
Property TypeSingle Family Detached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $749,000
Save
Courtesy of Colorado Realty 4 Less, LLC
1214 - 1216 N Wahsatch Avenue
Colorado Springs, CO 80903
4 Beds
3 Baths
2,798 Sq Ft
3 Days on Market

Listing Agent & Comments

Kathleen HaasColorado Realty 4 Less, LLC
970-531-7448KathyHaas@coloradorealty4less.com License #100087561
TWO HOMES INCLUDED! LIVE IN ONE - RENT THE OTHER OR RENT BOTH FOR A STEADY INCOME! Incredible investor or owner-occupant opportunity in the heart of Colorado Springs Old North End. This legally zoned R-2 single family home with cottage features a fully rented main house leased at $3,000/month through June 2027, and a detached 1 bedroom cottage currently rented at $1,740/month through September 2025 or earlier. When the cottage lease ends, the new owner can either continue renting to college students at premium rates—or live in the cottage and let the front unit's $3,000/month rent cover a significant portion of the mortgage. With separate gas, electric, and water meters for each unit, plus tenant-paid utilities and a landlord-billed trash arrangement, this property offers efficient, predictable cash flow. Recent upgrades include new appliances and forced air heating + central A/C in the main house. A detached three-car garage provides alley access and offers future income potential as premium parking or storage rentals. Both units share access to basement laundry and storage. Located just blocks from Colorado College and downtown, this property benefits from steady year-round rental demand and strong tenant retention. With gross annual rents of $56,880, separately metered utilities, and low property taxes (~$1,900/year), this turnkey asset is ideal for long-term hold, 1031 exchange, or live-in investment. Zoned R-2 in a historic district (no HOA), this is a rare chance to own a flexible, high-performing asset in one of Colorado Springs most desirable neighborhoods.

MLS# REC2995847 • Data provided by REcolorado
Additional home details
Living Area2,798 Sq.Ft.
Lot Size9,500 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms3
Stories--
Year Built1910
Property TypeSingle Family Detached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $749,000
Save
Courtesy of Colorado Realty 4 Less, LLC