Active Income

224 N Prospect Street

Colorado Springs, CO 80903

#5968905 Updated: Oct 29, 2026, 11:08am

$525,000

0 Beds • 0 Baths • 0 SqFt

Beds

Baths

SqFt

Acres

Property Description

Rare opportunity just minutes from downtown! This exceptional investment property features a charming 2-bedroom, 1-bath main house plus a fully separate, turnkey 1-bedroom, 1-bath cottage—perfect for generating rental income or hosting guests. Each residence includes its own private front yard and dedicated parking, offering both privacy and convenience. Ideal for young professionals or savvy buyers looking to offset higher interest rates with built-in rental income, the cottage is move-in ready and can start producing revenue immediately. Located just five minutes from downtown, this property provides a quick commute while maintaining a peaceful neighborhood feel. Opportunities like this are rare—schedule your showing today and see the potential for yourself!

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Included Appliances

Countertop SystemDishwasherDisposalDryerGas in KitchenKitchen Vent FanRefrigeratorWasher

Property Details

Interior

Appliances

Countertop SystemDishwasherDisposalDryerGas in KitchenKitchen Vent FanRefrigeratorWasher

Cooling

Ceiling Fan(s)

Heating

ElectricForced Air

Laundry Facilities

Electric Hook-up

Unit Total Baths

Unit Total Beds

Construction

Construction Status

Existing

Roof

Composite Shingle

Siding

Wood

Year Built

1900

foundation Details

Crawl Space

Site & Exterior

Acres Total

0.1330

Lot Size

0.1330

Lot Size Area

5793.48

Lot Size Units

Acres

Parking Spaces Number Of

Utilities

Electricity Connected

Water

Municipal

Neighborhood & Lifestyle

Community & Association

M L S Area Minor

Highland

Schools

Ratings

District

Colorado Springs 11

WalkScore™

Walk Score

Very Walkable

Transit Score

Good Transit

Bike Score

Very Bikeable

More details on WalkScore.com

Listing provided courtesy of PPAR via IDX. Updated: Oct 29, 2026, 11:08am.

Megan Klos

Listing Agent

HomeSmart

Homendo AI

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224 N Prospect Street

224 N Prospect Street

Property Description

Property Details

Interior

Construction

Site & Exterior

Neighborhood & Lifestyle

Community & Association

Schools

WalkScore™

Megan Klos