CoriCutler

421 S Prospect Street, Colorado Springs, CO 80903

$532,000
  • 421 S Prospect Street, Colorado Springs, CO 80903 Main Photo

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Active
BEDS3 BATHS2 SQUARE FEET1,553 MLS#2834134
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHillside

Property Description

Discover a rare blend of charm, space, and investment upside in the vibrant heart of Downtown Colorado Springs. This fully renovated home sits on a generous double lot with coveted R2 zoning—allowing a duplex, ADU (accessory dwelling unit), or multi-family use—making it ideal for owner-occupants, house-hackers, and investors. 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.

421 S Prospect Street | MLS# 2834134

This single family home located at 421 S Prospect Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $532,000. This property was built in 1910 and has 3 bedrooms with 1553 sq. ft. S Prospect Street is located in the Hillside subdivision. Search Hillside real estate on www.coricutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Other, Wall Unit(s)
Fenced: Yes
Fireplaces: None
Garage: 2
Heating: Forced Air, Heat Pump
Lot Size: 0.18 Acres
Roof Type: Composite Shingle
Stories: 1.0
Taxes: $1,404
Year Built: 1910

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator
Basement/Foundation: Full Basement
Days on Site: 22
Existing Utilities: Electricity Connected
Exterior: Stucco
Fence: All
Floor Plan: Ranch
Floors: Wood Laminate
Garage Amenities: Even with Main Level
Garage Type: Detached
Lot: Corner, Level, Mountain View
Outbuilding(s): Yes
Out Buildings: Storage Shed
Percentage of Basement Finished: 98
Square Footage: 617 (Basement), 936 (Main)
Utilities: Electricity Connected
View: Mountain
Water: Assoc/Distr

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Realty
Agency Phone: 719-445-0234

Shown By

Agent Name: Cori Cutler
Agent Phone: (719) 287-3320
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 2,892.58 per month $2,620.49 Principal & Interest $116.92 Property Tax $155.17 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/10/2026. The listing information on this page last changed on 04/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/10/2026 8:51:46 AM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Fri 04/10/2026 8:49:28 AM EST) or elevate MLS (last updated Fri 04/10/2026 8:45:17 AM EST) or Pueblo MLS (last updated Fri 04/10/2026 8:44:00 AM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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