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803 S Cascade Avenue, Colorado Springs, CO, 80903

Image Count: 48

$880,000

  • Highlights
  • Income
  • Multi Family
  • 803 S Cascade Avenue, Colorado Springs, CO, 80903 listed by Jeffrey Johnson
  • Active
  • MLS#: 5455967
  • View on Map
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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.

Property Listed By

Picture of REALTOR Listing Property
  • Jeffrey Johnson
  • 9615-039-917  Call the Agent 
Picture of Office Listing Property
  • Keller Williams Premier Realty
  • 4320-544-917  Call the Agent 

Property Details

    General Features

  • Property Type: Multi Family
  • Year Built: 1894
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $880,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 2 1,352
    2 1 1,025
    1 1 528
  • Total Parking Spaces: 1
  • Total Units: 3

    Structure

  • Foundation: Crawl Space
  • Structure: Frame
  • Construction Status: Existing
  • Siding: Wood
  • Window Type: Vinyl
  • Fence: All, Front, Rear
  • Alley: Paved
  • Fence: All, Front, Rear

    Features

  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Laundry: Electric Hook-up
  • Appliances: Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer

    Taxes, Utilities, Lot

  • Tax: $1,894
  • Lot Size: 0.22 Acres, 9,500 SqFt
  • Appliances: Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
  • Laundry: Electric Hook-up
  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
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          803 S Cascade Avenue, Colorado Springs, CO, 80903

          Image 1 of 48: View of mountain backdrop featuring nearby suburban area

          View of mountain backdrop featuring nearby suburban area

          Image 2 of 48: View of front of property featuring covered porch

          View of front of property featuring covered porch

          Image 3 of 48: Living room featuring light wood-style flooring and wood walls

          Living room featuring light wood-style flooring and wood walls

          Image 4 of 48: Kitchen with decorative backsplash, appliances with stainless steel finishe

          Kitchen with decorative backsplash, appliances with stainless steel finishes, light tile patterned floors, and brown cabinets

          Image 5 of 48: Kitchen with stainless steel appliances, brown cabinetry, light tile patter

          Kitchen with stainless steel appliances, brown cabinetry, light tile patterned flooring, and decorative backsplash

          Image 6 of 48: Kitchen with stainless steel appliances, brown cabinets, and light tile pat

          Kitchen with stainless steel appliances, brown cabinets, and light tile patterned flooring

          Image 7 of 48: Dining area featuring light tile patterned floors, a ceiling fan, stairway,

          Dining area featuring light tile patterned floors, a ceiling fan, stairway, crown molding, and wooden walls

          Image 8 of 48: Dining space featuring wood walls, ornamental molding, light tile patterned

          Dining space featuring wood walls, ornamental molding, light tile patterned flooring, and a ceiling fan

          Image 9 of 48: Living area featuring wood finished floors and wooden walls

          Living area featuring wood finished floors and wooden walls

          Image 10 of 48: Full bathroom with a shower stall, vanity, ensuite bath, and wood finished

          Full bathroom with a shower stall, vanity, ensuite bath, and wood finished floors

          Image 11 of 48: Bedroom featuring light wood-style flooring and baseboards

          Bedroom featuring light wood-style flooring and baseboards

          Image 12 of 48: Home office featuring wood walls, light wood-type flooring, and cooling uni

          Home office featuring wood walls, light wood-type flooring, and cooling unit

          Image 13 of 48: Bedroom featuring light wood-type flooring and wooden walls

          Bedroom featuring light wood-type flooring and wooden walls

          Image 14 of 48: Full bath featuring lofted ceiling, shower / tub combo, and light tile patt

          Full bath featuring lofted ceiling, shower / tub combo, and light tile patterned floors

          Image 15 of 48: Laundry area featuring plenty of natural light and washing machine and clot

          Laundry area featuring plenty of natural light and washing machine and clothes dryer

          Image 16 of 48: Back of house with a storage unit and a patio

          Back of house with a storage unit and a patio

          Image 17 of 48: View of room layout

          View of room layout

          Image 18 of 48: View of front of house with a fenced front yard, covered porch, a chimney,

          View of front of house with a fenced front yard, covered porch, a chimney, and roof with shingles

          Image 19 of 48: View of porch

          View of porch

          Image 20 of 48: Living area with wood finished floors, plenty of natural light, and ceiling

          Living area with wood finished floors, plenty of natural light, and ceiling fan

          Image 21 of 48: Living area with hardwood / wood-style flooring, arched walkways, and ceili

          Living area with hardwood / wood-style flooring, arched walkways, and ceiling fan

          Image 22 of 48: Other

          Other

          Image 23 of 48: Dining space with light wood-type flooring and a chandelier

          Dining space with light wood-type flooring and a chandelier

          Image 24 of 48: Dining area featuring light wood-style flooring and arched walkways

          Dining area featuring light wood-style flooring and arched walkways

          Image 25 of 48: Kitchen with white appliances, light countertops, a wainscoted wall, wooden

          Kitchen with white appliances, light countertops, a wainscoted wall, wooden walls, and gray cabinets

          Image 26 of 48: Kitchen with wooden counters, decorative backsplash, stainless steel microw

          Kitchen with wooden counters, decorative backsplash, stainless steel microwave, dishwasher, and gray cabinetry

          Image 27 of 48: Dining room featuring a wainscoted wall, light tile patterned flooring, and

          Dining room featuring a wainscoted wall, light tile patterned flooring, and wooden walls

          Image 28 of 48: Bedroom featuring dark colored carpet and ceiling fan

          Bedroom featuring dark colored carpet and ceiling fan

          Image 29 of 48: Bedroom featuring ceiling fan and carpet floors

          Bedroom featuring ceiling fan and carpet floors

          Image 30 of 48: Full bathroom with vanity, a combined bath / shower with freestanding tub,

          Full bathroom with vanity, a combined bath / shower with freestanding tub, a wainscoted wall, and light tile patterned floors

          Image 31 of 48: Hall featuring an upstairs landing, dark carpet, an AC wall unit, and lofte

          Hall featuring an upstairs landing, dark carpet, an AC wall unit, and lofted ceiling

          Image 32 of 48: Bedroom featuring carpet and vaulted ceiling

          Bedroom featuring carpet and vaulted ceiling

          Image 33 of 48: Laundry room featuring separate washer and dryer

          Laundry room featuring separate washer and dryer

          Image 34 of 48: View of home floor plan

          View of home floor plan

          Image 35 of 48: View of front of house featuring a fenced front yard, a shingled roof, and

          View of front of house featuring a fenced front yard, a shingled roof, and a gate

          Image 36 of 48: Living room with light wood finished floors, a heating unit, crown molding,

          Living room with light wood finished floors, a heating unit, crown molding, and an AC wall unit

          Image 37 of 48: Living room featuring wood finished floors and crown molding

          Living room featuring wood finished floors and crown molding

          Image 38 of 48: Bedroom featuring light wood-style flooring, multiple windows, and an AC wa

          Bedroom featuring light wood-style flooring, multiple windows, and an AC wall unit

          Image 39 of 48: Full bath with vanity, a shower stall, and light wood-type flooring

          Full bath with vanity, a shower stall, and light wood-type flooring

          Image 40 of 48: Kitchen with freestanding refrigerator, dark countertops, light wood-style

          Kitchen with freestanding refrigerator, dark countertops, light wood-style floors, stacked washing machine and dryer, and white cabinets

          Image 41 of 48: Kitchen featuring white appliances, light wood-style floors, and a wall mou

          Kitchen featuring white appliances, light wood-style floors, and a wall mounted AC

          Image 42 of 48: Dining area featuring dark wood finished floors, wood walls, and lofted cei

          Dining area featuring dark wood finished floors, wood walls, and lofted ceiling

          Image 43 of 48: Fenced backyard with an outdoor fire pit, outdoor dining space, a deck, and

          Fenced backyard with an outdoor fire pit, outdoor dining space, a deck, and a patio area

          Image 44 of 48: View of side of property with a deck and a chimney

          View of side of property with a deck and a chimney

          Image 45 of 48: View of home floor plan

          View of home floor plan

          Image 46 of 48: Drone / aerial view

          Drone / aerial view

          Image 47 of 48: Aerial perspective of suburban area featuring a mountain backdrop

          Aerial perspective of suburban area featuring a mountain backdrop

          Image 48 of 48: Aerial view of residential area featuring a mountainous background

          Aerial view of residential area featuring a mountainous background

          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.