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315 W Monument Street, Colorado Springs, CO, 80905

Image Count: 35

$495,000

  • Highlights
  • Income
  • House W/Cottage
  • 315 W Monument Street, Colorado Springs, CO, 80905 listed by Brian Bohrer GRI MRP
  • Active
  • MLS#: 2842947
  • Tour #1 | Tour #2
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Space maker

Property Description

Rare opportunity to own a westside income property with two separate units in a highly desirable location near downtown Colorado Springs and Colorado College. This property features a remodeled main home and detached cottage (ADU), both with recent interior updates including flooring, fixtures, lighting, and appliances. Each unit is individually fenced, and the cottage offers private alley access with off-street parking, making it highly attractive to tenants. Situated 300ft from the I-25 pedestrian bridge, this location provides easy access to Colorado College, downtown, greenway trails, and major amenities—driving consistent rental demand. Both units are currently leased to long-term tenants, making this a turnkey investment with immediate income, while still offering future upside in this desirable location!

Property Listed By

Picture of REALTOR Listing Property
  • Brian Bohrer GRI MRP
  • 6220-852-803  Call the Agent 
Picture of Office Listing Property
  • Muldoon Associates Inc
  • 2338-195-917  Call the Agent 

Property Details

    General Features

  • Property Type: House W/Cottage
  • Year Built: 1903
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $495,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,725 824
    2 1 $1,700 698
  • Total Units: 2
  • Total Rent: $3,395

    Structure

  • Foundation: Crawl Space, Slab
  • Structure: Framed on Lot, Frame
  • Construction Status: Existing
  • Siding: Stucco, Wood
  • Fence: Front, Rear
  • Alley: Gravel
  • Fence: Front, Rear

    Features

  • Heating: Forced Air
  • Cooling: Ceiling Fan
  • Laundry: Electric Hook-up
  • Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Self Cleaning Oven, Washer

    Taxes, Utilities, Lot

  • Tax: $1,257
  • Lot Size: 0.12 Acres, 5,037 SqFt
  • Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Self Cleaning Oven, Washer
  • Laundry: Electric Hook-up
  • Heating: Forced Air
  • Cooling: Ceiling Fan
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
          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.
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          315 W Monument Street, Colorado Springs, CO, 80905

          Image 1 of 35: Front of Structure

          Front of Structure

          Image 2 of 35: Assessor Report - March 20th 2026

          Assessor Report - March 20th 2026

          Image 3 of 35: Living area with newer LVP floors and ceiling fan

          Living area with newer LVP floors and ceiling fan

          Image 4 of 35: Rent Roll

          Rent Roll

          Image 5 of 35: Living area featuring LVP floors, ceiling fan, and beam ceiling

          Living area featuring LVP floors, ceiling fan, and beam ceiling

          Image 6 of 35: Living area with LVP floors and ceiling fan

          Living area with LVP floors and ceiling fan

          Image 7 of 35: Kitchen featuring stainless steel appliances, light countertops, and white

          Kitchen featuring stainless steel appliances, light countertops, and white cabinetry

          Image 8 of 35: Kitchen featuring light countertops, white cabinets, stainless steel applia

          Kitchen featuring light countertops, white cabinets, stainless steel appliances, and LVP Flooring

          Image 9 of 35: Kitchen featuring light countertops, stainless steel dishwasher, and white

          Kitchen featuring light countertops, stainless steel dishwasher, and white cabinets

          Image 10 of 35: Bedroom with LVP flooring and a closet

          Bedroom with LVP flooring and a closet

          Image 11 of 35: Bedroom with LVP flooring

          Bedroom with LVP flooring

          Image 12 of 35: Full bath with vanity and shower / bath combo

          Full bath with vanity and shower / bath combo

          Image 13 of 35: Office area

          Office area

          Image 14 of 35: Office space

          Office space

          Image 15 of 35: Entry from side door - laundry behind double doors

          Entry from side door - laundry behind double doors

          Image 16 of 35: View of sunroom

          View of sunroom

          Image 17 of 35: View of Rear "Cottage" structure featuring a fenced backyard

          View of Rear "Cottage" structure featuring a fenced backyard

          Image 18 of 35: Living room featuring lofted ceiling, ceiling fan, and LVP floors

          Living room featuring lofted ceiling, ceiling fan, and LVP floors

          Image 19 of 35: Living room featuring lofted ceiling, LVP floors, and a ceiling fan

          Living room featuring lofted ceiling, LVP floors, and a ceiling fan

          Image 20 of 35: Living room with LVP floors, a ceiling fan, and healthy amount of natural l

          Living room with LVP floors, a ceiling fan, and healthy amount of natural light

          Image 21 of 35: Living room featuring ceiling fan and LVP floors

          Living room featuring ceiling fan and LVP floors

          Image 22 of 35: Kitchen with stainless steel appliances, lofted ceiling, light countertops,

          Kitchen with stainless steel appliances, lofted ceiling, light countertops, and open shelves

          Image 23 of 35: Kitchen featuring stainless steel appliances and vaulted ceilings

          Kitchen featuring stainless steel appliances and vaulted ceilings

          Image 24 of 35: Kitchen with stainless steel appliances, open shelves, and lofted ceiling

          Kitchen with stainless steel appliances, open shelves, and lofted ceiling

          Image 25 of 35: Kitchen with stainless steel appliances, open shelves, dark cabinets, and p

          Kitchen with stainless steel appliances, open shelves, dark cabinets, and plenty of natural light

          Image 26 of 35: Full bathroom with vanity and shower / bathtub combination with curtain

          Full bathroom with vanity and shower / bathtub combination with curtain

          Image 27 of 35: Bedroom with LVP floors and baseboards

          Bedroom with LVP floors and baseboards

          Image 28 of 35: Bedroom with LVP flooring, and a closet

          Bedroom with LVP flooring, and a closet

          Image 29 of 35: Bedroom with LVP floors and ceiling fan

          Bedroom with LVP floors and ceiling fan

          Image 30 of 35: View of cottage structure with a fenced backyard

          View of cottage structure with a fenced backyard

          Image 31 of 35: View of cottage structure featuring a fenced backyard

          View of cottage structure featuring a fenced backyard

          Image 32 of 35: View of cottage with a fenced backyard

          View of cottage with a fenced backyard

          Image 33 of 35: View of back of cottage with a fenced backyard and stucco siding

          View of back of cottage with a fenced backyard and stucco siding

          Image 34 of 35: View of back of cottage with a fenced backyard

          View of back of cottage with a fenced backyard

          Image 35 of 35: View of front of house with stucco siding, a fenced front yard, and a gate

          View of front of house with stucco siding, a fenced front yard, and a gate

          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.