1344 N Arcadia Street, Colorado Springs, CO 80903
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1344 N Arcadia Street, Colorado Springs, CO 80903
1344 N Arcadia Street, Colorado Springs, CO 80903
1344 N Arcadia Street, Colorado Springs, CO 80903
1344 N Arcadia Street, Colorado Springs, CO 80903
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Listed by Lauren Stadjuhar CRS LIV Sotheby's International Realty CO Springs
$ 535,000
Est. payment /mo
Active Under Contract

1344 N Arcadia Street Colorado Springs, CO 80903

7,000 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4946517

Construction Status Existing

Year Built 1980

Annual Tax Amount $1,930

Tax Year 2025

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Duplex

Source Pikes Peak REALTOR® Services

Property Description

Close to Patty Jewett. A Smarter Investment. Opportunity is knocking in the highly desirable Patty Jewett neighborhood. This Zoned R-2 duplex offers immediate income potential with an established tenant in the lower unit who would like to remain, providing rental income from day one. The property consists of two units. The upper unit features 3 bedrooms, 2 baths, LVP flooring, fresh paint throughout, new lighting, a wood-burning fireplace, and a composite deck with wrought iron railing offering views. The lower unit includes a spacious living room, kitchenette, 2 bedrooms, and 1 full bath. The oversized detached one-car garage with storage and an enclosed workshop is accessed from the alley and offers additional income potential. Amenities include shared laundry facilities, and ample street parking. Mature trees and established surroundings enhance the property's appeal for both tenants and owner-occupants. Patty Jewett continues to be one of Colorado Springs' most desirable neighborhoods, known for its walkability, character, and proximity to downtown, the Old North End, local dining, parks, major employment centers, I-25, and the Powers Corridor. The combination of location, tenant demand, and future flexibility creates an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation.

Location

State CO

County El Paso

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type One, Wood Burning

Furnishings Existing

Window Features Vinyl

Appliance Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer

Laundry Common

Exterior

Carport Spaces 2

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 6408203063

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://homes.livsothebysrealty.com/listing-preview/240350176?ax=bmlkPTI0MDM1MDE3Ng==


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1344 N Arcadia Street