CO > Colorado Springs
Colorado Springs, CO 80903,803 S Cascade AVE
Colorado Springs, CO 80903,803 S Cascade AVE
Colorado Springs, CO 80903,803 S Cascade AVE
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Cara Grenko

Cara Grenko

+1(720) 998-1372
$880,000
Est. payment /mo
9,500 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5455967

Construction Status Existing

HOA Y/N No

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

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Lead Base Paint Discl Req

Unit 2

Sqft 1025

Beds 2

Baths 1

Occupied Y

Furnished Y

Unit 3

Sqft 528

Baths 1

Garages 1

Occupied Y

Furnished Y

Unit 1

Sqft 1352

Beds 2

Baths 2

Occupied Y

Furnished N

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Pikes Peak MLS (PPAR)
Listed by Keller Williams Premier Realty

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Cara Grenko

Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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