Great house hacking or investment opportunity right outside of downtown Colorado Springs. Each unit has granite countertops, luxury vinyl flooring, washer/dryer hook ups and spacious layouts. The main home square footage has more livable space than what is reflected on the tax roll - front unit is a 2 bed/1 bath, back unit is a 2 bed/2 bath with finished attic space, and the basement is a large 2 bed/1 bath with 9 foot ceilings. The detached carriage house is a 1 bed/1 bath with access to its own yard. Updated in 2021 with new electrical, plumbing, HVAC, windows and roofing - this property has had the major items taken care of. Tenant occupied - no showings until offer is accepted. Please do not bother the tenants.
Multi-familyProperty Type
1948Year Built
$187Est. Price/Sq.Ft.
2 spacesParking
Listed by Shawn Kane• 7281 Real Estate
Contact: Shawn@7281re.com,720-334-1034
Bought with IRES Agent Non-REcolorado• NON MLS PARTICIPANT
Great house hacking or investment opportunity right outside of downtown Colorado Springs. Each unit has granite countertops, luxury vinyl flooring, washer/dryer hook ups and spacious layouts. The main home square footage has more livable space than what is reflected on the tax roll - front unit is a 2 bed/1 bath, back unit is a 2 bed/2 bath with finished attic space, and the basement is a large 2 bed/1 bath with 9 foot ceilings. The detached carriage house is a 1 bed/1 bath with access to its own yard. Updated in 2021 with new electrical, plumbing, HVAC, windows and roofing - this property has had the major items taken care of. Tenant occupied - no showings until offer is accepted. Please do not bother the tenants.
Public Records
Feb 23, 2023
Sold
$625,000
$161/sq ft
RENT. #3
Apr 15, 2022
Price Changed
$1,225
$0/sq ft
Public Records
Feb 1, 2021
Sold
$385,000
$99/sq ft
elevateMLS #2
Nov 23, 2020
Price Changed
$400,000
$103/sq ft
Nov 16, 2020
Price Changed
$410,000
$106/sq ft
Oct 10, 2020
Price Changed
$420,000
$108/sq ft
elevateMLS #1
Dec 19, 2020
Price Changed
$400,000
$103/sq ft
Nov 16, 2020
Price Changed
$410,000
$106/sq ft
Oct 10, 2020
Price Changed
$420,000
$108/sq ft
Public Records
Jul 1, 1990
Sold
$77,000
$20/sq ft
Public Records
Sep 1, 1983
Sold
$52,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,150 (+7.6%)
$3,910 + $39,380
$43,290
2024
$1,997 (+6.4%)
$3,910 + $39,380
$43,290
2023
$1,877 (−4.5%)
$3,510 + $36,880
$40,390
2022
$1,966 (−7.8%)
$3,250 + $31,880
$35,130
2021
$2,133 (+9.3%)
$3,250 + $31,880
$35,130
2020
$1,951 (+0.5%)
$3,350 + $32,800
$36,150
2019
$1,941 (+24.4%)
$2,570 + $26,180
$28,750
2018
$1,561 (+5.6%)
$2,570 + $26,180
$28,750
2017
$1,478 (+22.6%)
$1,940 + $19,330
$21,270
2016
$1,206 (+0.4%)
$1,940 + $19,330
$21,270
2015
$1,201 (+3.4%)
$1,790 + $19,020
$20,810
2014
$1,161 (−1.7%)
$1,790 + $19,020
$20,810
2013
$1,181 (+1.4%)
$1,670 + $17,630
$19,300
2012
$1,164 (−0.8%)
$1,670 + $17,630
$19,300
2011
$1,174 (−1.6%)
$1,670 + $17,630
$19,300
2010
$1,193 (+1.0%)
$1,670 + $17,630
$19,300
2009
$1,181
$1,740 + $18,490
$20,230
Tax history for 1002 E Rio Grande St
Year
Property tax
Land + Additions
Assessment*
2025
$2,150 (+7.6%)
$3,910 + $39,380
$43,290
2024
$1,997 (+6.4%)
$3,910 + $39,380
$43,290
2023
$1,877 (−4.5%)
$3,510 + $36,880
$40,390
2022
$1,966 (−7.8%)
$3,250 + $31,880
$35,130
2021
$2,133 (+9.3%)
$3,250 + $31,880
$35,130
2020
$1,951 (+0.5%)
$3,350 + $32,800
$36,150
2019
$1,941 (+24.4%)
$2,570 + $26,180
$28,750
2018
$1,561 (+5.6%)
$2,570 + $26,180
$28,750
2017
$1,478 (+22.6%)
$1,940 + $19,330
$21,270
2016
$1,206 (+0.4%)
$1,940 + $19,330
$21,270
2015
$1,201 (+3.4%)
$1,790 + $19,020
$20,810
2014
$1,161 (−1.7%)
$1,790 + $19,020
$20,810
2013
$1,181 (+1.4%)
$1,670 + $17,630
$19,300
2012
$1,164 (−0.8%)
$1,670 + $17,630
$19,300
2011
$1,174 (−1.6%)
$1,670 + $17,630
$19,300
2010
$1,193 (+1.0%)
$1,670 + $17,630
$19,300
2009
$1,181
$1,740 + $18,490
$20,230
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
6
Baths
5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
6,270 Sq. Ft.
Year renovated
1952
Sq. Ft.
3,120
Year built
1948
Style
Single Family Residential
County
El Paso County
APN
6420201010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-2
Two-Family District
The R-2 zone district accommodates detached single-family and two-family (duplex) residential uses on a single lot larger than 5,000 sq ft, or duplex structures on separate lots provided each lot is larger than 3,500 sq ft. Land uses are as indicated in Table 7.3.2-A: Base and NNA-O District Use Table.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower
Housing-Mobile home park
Park & open space
Dec 9, 2016 • Final
434
Replace a furnace and its venting system.
HVAC
Jun 20, 2008 • Final
434
Remove and replace the roof on a single-family home and a cottage.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Parking Total: 2
Off Street Spaces: 2
Interior
Bedroom Information
Bedrooms Total: 7
Bathroom Information
Bathrooms Total Integer: 5
Basement Information
Has Basement
Basement: Finished, Full
Exterior
Building Information
Building Area Total: 3,876
Building Area Source: Listor Measured
Structure Type: Quadruplex
Construction Materials: Frame, Vinyl Siding
Exterior Features
Roof: Composition
Property Information
Property Type: Residential Income
Property Sub Type: Quadplex
Property Unattached
Living Area: 3,876
Above Grade Finished Area: 2,700
Below Grade Finished Area: 1,176
Levels: Two
Ownership: Corporation/Trust
Lot Information
Water Source: Public
Zoning: R2
Financial
Tax Information
Tax Annual Amount: $1,877
Tax Year: 2023
Parcel Number: 64202-01-010
Utilities
Utility Information
Sewer: Public Sewer
Heating & Cooling
Cooling: Air Conditioning-Room
Heating: Forced Air
Location
Multi-Family Information
Gross Income: $67,500
Operating Expense: $17,500
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
Owner Pays: Electricity, Gas, Insurance, Taxes, Water
Unit Type 1 Information
Unit Type: 2 Bedroom
Description: Main House Back
# Of Beds Total: 2
# Of Baths Total: 2
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Hookups: 1
# Of Washers: 1
# Of Dryers: 1
Unit Average Rent: $1,675
Unit Type 2 Information
Unit Type: 2 Bedroom
Description: Main House Front / Main House Basement
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 2
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Hookups: 1
# Of Washers: 1
# Of Dryers: 1
Unit Average Rent: $1,425
Unit Type 3 Information
Unit Type: 1 Bedroom
Description: Detached Carriage House
# Of Beds Total: 1
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Hookups: 1
# Of Washers: 1
# Of Dryers: 1
# Of Parkings Per Unit: 2
Unit Average SqFt: 450
Unit Average Rent: $1,100
School Information
Elementary School: Hunt
Elementary School District: Colorado Springs 11
Middle Or Junior School: North
Middle Or Junior School District: Colorado Springs 11
High School: Palmer
High School District: Colorado Springs 11
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 3,120
Stories: 1.5
Lot Size: 6,270 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1952
County: El Paso County
APN: 6420201010
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Hunt Elementary School
Public PreK-5 • Assigned • 0.9mi
2/10
North Middle School
Public 6-8 • Assigned • 1.7mi
8/10
Palmer High School
Public 9-12 • Assigned • 1.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 89° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Colorado Springs, CO • 80903
Average low and high temperatures (°F)
42
19
52
26
63
36
64
38
69
44
83
56
85
59
83
59
78
52
69
43
54
32
54
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.2 hours in
June and 6.5 hours in December, placing it above the
U.S. average for solar exposure.
11.2 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$688,000 – $832,000
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Property information provided by REColorado as Distributed by MLS Grid when last listed in 2025. This data may not match public records. Learn more.
Listing provided courtesy of: Realty One Group Apex
Listing agent: Kaitlyn Hogan
Based on information submitted to the MLS GRID as of Mon Sep 14 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.