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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,867 sqft
Subdivision Austin Estates
MLS Listing ID IRE7913789
Sold Date 09/14/26
Bedrooms 3
HOA Y/N No
Year Built 1965
Annual Tax Amount $1,315
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Duplex
Source ires
Property Description
Income-Producing Duplex in a Prime Central Location Opportunity meets location with this centrally located duplex, perfectly positioned near Palmer Park and Mitchell High School-offering convenience, strong rental appeal, and consistent income potential. Both units are currently rented, providing immediate cash flow from day one. Each unit features a well-designed 2-bedroom, 1-bath layout, complete with private garage stall, in-unit washer and dryer, and direct access to the backyard-amenities today's renters actively seek. Inside, you'll find spacious kitchens and dining areas, large bedrooms with generous closets, and abundant natural light throughout. Thoughtful upgrades include updated double-pane vinyl windows and recent renovations in both units, enhancing both comfort and long-term value. This property is built for efficiency and flexibility, with separate metering for water, electric, and gas-simplifying management and maximizing returns. A roof replacement in 2018 adds further peace of mind. Whether you're expanding your portfolio or securing a smart first investment, this duplex delivers location, stability, and upside in one compelling package. Don't miss your chance to own a high-performing asset in a high-demand area.
Location
State CO
County El Paso
Community Austin Estates
Area Out Of Area
Zoning R-2 AO APZ
Direction From Palmer Park Blvd, head south on N Murray Blvd, then turn W on E San Miguel St. Turn north on Tappan Cir. and the property will be on your right (to the east).
Interior
Heating Forced Air
Appliance Dishwasher, Refrigerator, Dryer, Microwave, Fire Alarm
Exterior
Parking Features Attached
Garage Spaces 2.0
Fence Partial
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
View Y/N No
Roof Type Composition
Porch Patio
Garage Yes
Building
Lot Description Level, House Faces West
Sewer Public Sewer
Water City
Level or Stories Bi-Level
Structure Type Frame,Wood Siding
New Construction false
Schools
Elementary Schools Madison
Middle Schools Swigert
High Schools Colorado Springs 11
School District Colorado Springs 11
Others
Acceptable Financing Cash, Conventional, FHA, VA, Assumable
Listing Terms Cash, Conventional, FHA, VA, Assumable
Special Listing Condition Private Owner
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