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$535,000

Est. payment - /mo

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5 Beds

3 Baths

2,080 SqFt

New

1344 N Arcadia ST Colorado Springs, CO 80903

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Metro Brokers Inc

perri.smith@metrobrokerscorp.com +1(720) 704-0606

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $257

Subdivision De Marche Terre

MLS Listing ID 5768968

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 1,120

Year Built 1980

Annual Tax Amount $1,930

Tax Year 2025

Lot Size 7,002 Sqft

Acres 0.16

Property Sub-Type Duplex

Source recolorado

Property Description

Close to Patty Jewett. A Smarter Investment. Opportunity is knocking in the highly desirable Patty Jewett neighborhood. This Zoned R-2 duplex offers immediate income potential with an established tenant in the lower unit who would like to remain, providing rental income from day one. The property consists of two units. The upper unit features 3 bedrooms, 2 baths, LVP flooring, fresh paint throughout, new lighting, a wood-burning fireplace, and a composite deck with wrought iron railing offering views. The lower unit includes a spacious living room, kitchenette, 2 bedrooms, and 1 full bath. The oversized detached one-car garage with storage and an enclosed workshop is accessed from the alley and offers additional income potential. Amenities include shared laundry facilities, and ample street parking. Mature trees and established surroundings enhance the property's appeal for both tenants and owner-occupants. Patty Jewett continues to be one of Colorado Springs' most desirable neighborhoods, known for its walkability, character, and proximity to downtown, the Old North End, local dining, parks, major employment centers, I-25, and the Powers Corridor. The combination of location, tenant demand, and future flexibility creates an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation.

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Finished, Partial, Walk-Out Access

Interior

Heating Forced Air

Cooling Other

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry Common Area, In Basement

Exterior

Garage Spaces 1.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 1

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Taylor

Middle Schools North

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://homes.livsothebysrealty.com/listing-preview/240350176?ax=bmlkPTI0MDM1MDE3Ng==

Listed by LIV Sotheby's International Realty

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Metro Brokers Inc

+1(720) 704-0606

1344 N Arcadia ST Colorado Springs, CO 80903

Metro Brokers Inc

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1344 N Arcadia ST