USACOColorado Springs803 S Cascade Ave
803 S Cascade Ave, House other with 2 bedrooms, 2 bathrooms and null parking in Colorado Springs CO | Image 1
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$885,000

803 S Cascade Ave, Colorado Springs, CO

House

For Sale

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220
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1352 sqft
Garage No
Taxes $1,894
Days Active 2
Lot Size 
Approx. Age 1894
Avg. Price Per Sqft $654
MLS® Number 2204336

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special – 3 Homes on One Lot in Prime Downtown Colorado Springs Location! A rare opportunity awaits just blocks from the heart of downtown Colorado Springs—three fully detached homes on one lot, each with separate utilities, private parking, and individual street access. Currently operating as successful short-term rentals, this property offers versatile income potential with multiple exit strategies. Live in one and rent the other two, hold as a high-performing AirBnB portfolio, or subdivide and sell individually for instant equity. Preliminary conversations with the city suggest the subdivision process is straightforward, with a projected resale value of approximately $950, 000 once completed. Located just 1 block from Shuga’s, 2 blocks from the S. Tejon restaurant district, and 3 blocks from the stadium, this location is unbeatable for walkability and rental desirability. Property Breakdown: 803 – 1, 352 sq ft Charming two-story home with a fenced yard, central air + mini splits, and new windows. Main-level features a bedroom and full bath, with a second bedroom, full bath, and additional living space upstairs. Updated throughout. Washer and dryer included. 9 – 1, 025 sq ft Historic two-story with original hardwood floors, a gas stove, and clawfoot tub. Includes one bedroom and full bath on the main level, and a second bedroom upstairs. Features mini split cooling, and a fenced backyard/patio area perfect for guests or tenants. 15 – 460 sq ft Compact and stylish home with alley access, a detached shed/garage, and a tranquil water feature. Includes a washer/dryer combo and mini split cooling. Ideal for a mid-term rental or personal retreat. Bonus: These homes boast a fascinating piece of local lore—originally owned by the mistress of Colorado Springs tycoon Winfield Scott Stratton.Show Description
MLS® Number2204336
Laundry LevelMain Level
Central VacNo
FireplaceNo
Acreage0.2181
Exterior
GarageNo
Approx. Age1894
BasementCrawl Space
Driveway
Garage Spaces
HeatForced Air, Natural Gas, Wall Furnace
A/CCeiling Fan(s), Central Air, Other, Wall Unit(s)
Heating Fuel

Extras

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