421 S Prospect Street Colorado Springs, CO 80903
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,553 sqft
Price per Sqft $342
MLS Listing ID 2834134
Bedrooms 3
Full Baths 1
Construction Status Existing Home
HOA Y/N Yes
Year Built 1910
Annual Tax Amount $1,403
Tax Year 2024
Lot Size 8,001 Sqft
Acres 0.1837
Property Sub-Type Single Family
Source Pikes Peak REALTOR® Services
Land Area 1553
Property Description
Bright, open-concept main level with natural light, updated flooring, and fresh paint throughout. The kitchen features quartz countertops, stainless-steel appliances (gas range, dishwasher, refrigerator), shaker cabinetry, tile backsplash, and a serving buffet—designed for daily living and entertaining. Spacious living and dining areas flow seamlessly for easy gatherings.
The fully finished basement has a private entrance and a complete ADU: living room, full kitchen, bedroom, and modern full bath. Perfect for long-term rental income, short-term guests (check local STR rules), multi-generational living, or home office/guest suite.
Key Features & Lifestyle
• Double lot with expansive yard—gardening, entertaining, or future development (subject to zoning).
• R2 zoning = flexibility for duplex conversion, ADU, or additional units—rare downtown.
• Prime Downtown Colorado Springs location: walk/bike to restaurants, breweries, shopping, parks, trails, CC, and the Pikes Peak Greenway. Quick access to I-25, Old Colorado City, and Memorial Park.
• Updated systems, modern finishes, and move-in ready condition.
Whether you're seeking a primary residence with income potential, a turnkey house-hack, or a long-term investment, this renovated downtown home delivers lifestyle + cash flow in one of Colorado's most desirable urban neighborhoods.
Location
State CO
County El Paso
Rooms
Basement Full Basement
Interior
Heating Forced Air, Heat Pump
Cooling Ceiling Fan(s), Other, Wall Unit(s)
Flooring Wood Laminate
Fireplaces Type None
Furnishings Existing Home
Appliance Dishwasher, Dryer, Microwave Oven, Range, Refrigerator
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence All
Utilities Available Electricity Connected
Roof Type Composite Shingle
Porch Covered
Road Frontage City/Town Road
Building
Lot Description Corner, Level, Mountain View
Sewer Sewer
Water Assoc/Distr
Construction Status Existing Home
Schools
School District Colorado Springs 11
Others
Tax ID 6417313015
Acceptable Financing Assumable, Cash, Conventional, FHA, VA
Listing Terms Assumable, Cash, Conventional, FHA, VA
Virtual Tour https://www.zillow.com/homedetails/421-S-Prospect-St-Colorado-Springs-CO-80903/13617292_zpid/?view=public&imxlb=t,5
GET MORE INFORMATION