Investment Opportunity in D-12: Duplex Property with Great Potential! Don't miss this excellent investment opportunity in the sought-after D-12 area! This property features two units: a spacious 3-bedroom and a cozy 2-bedroom, offering multiple income streams or flexible living arrangements. The property also includes a 2-car garage and a convenient carport, providing ample parking space. Sitting on a large lot, this property has incredible potential for value-add renovations. Sold "as is, " it needs some work but offers a blank canvas for investors or homeowners looking to customize and increase equity. Ideal for rental income or a personal project, this is an opportunity you won’t want to miss!
Multi-familyProperty Type
1950Year Built
8,970 sq ftLot Size
$204Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Jeffrey Piggot• The Cutting Edge
Bought with Jennifer Montoya• Coldwell Banker Realty
*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
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
8,970 Sq. Ft.
Year renovated
—
Sq. Ft.
2,016
Year built
1950
Style
Other
County
El Paso County
APN
7425118024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 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
Apr 14, 2025 • Final
434
Bathroom
Kitchen
Plumbing
Mar 11, 2022 • Final
434
Replace the furnace.
HVAC
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 Information
# of Parking Spaces: 3
Interior
Interior Features
Fireplace Description: Lower, Upper
Appliances: Dishwasher, Range Oven (Gas/Electricity), Refrigerator, Washer
Laundry Facilites: Electric Hook-up
Cooling: None
Heating: Gravity, Natural Gas
Room Information
Unit Total Baths: 2
Unit Total Beds: 5
Exterior
Exterior Features
Siding: Masonite Type
Lot Information
Acres Total: 0.2059
Property Information
Property Sub Type: Duplex
Building Information
Full Basement
Construction Status: Existing
Financial
Tax Information
Tax Amount: $2,450.44
Tax Year: 2023
Financing Information
Terms: Cash, Conventional
Utilities
Utility Information
Water: Municipal
Electricity
Location
Multi-Unit Information
# of Units: 2
School Information
School District: 12-Cheyenne Mountain
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,016
Stories: 1.0
Lot Size: 8,970 square feet
Style: Other
Year Built: 1950
Year Renovated: —
County: El Paso County
APN: 7425118024
Home facts updated by county records on Jun 12, 2026
Around this home
Schools
Broadmoor Elementary School
Public K-6 • Assigned • 1.1mi
9/10
Cheyenne Mountain Junior High School
Public 7-8 • Assigned • 1.0mi
3/10
Cheyenne Mountain High School
Public 9-12 • Assigned • 1.3mi
9/10
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
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
2/10 Heat Factor
6 days above 90° 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 • 80906
Average low and high temperatures (°F)
35
15
44
24
52
30
52
31
57
38
71
50
74
53
73
53
67
46
60
39
46
28
45
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$483,000 – $585,000
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