CoriCutler

421 S Prospect Street, Colorado Springs, CO 80903

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

48 Total Photos [Click to View All]

Active
BEDS0 BATHS0.0 MLS#8848423
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHillside

Property Description

*Charming Fully Renovated Downtown Home with R2 Zoning and Income Potential!* Welcome to your dream home in the vibrant heart of Colorado Springs! This beautifully renovated residence, situated on a generous double lot, features highly desirable R2 zoning that creates a fantastic investment opportunity for savvy buyers. As you step inside, you'll be greeted by a bright and open layout that immediately makes you feel at home. The stunning kitchen showcases stainless steel appliances, quartz countertops, and ample cabinetry with serving buffet makes it a perfect space for entertaining. The main floor houses a spacious living area that is infused with natural light, and a convenient dining space that flows seamlessly into the kitchen. Venturing downstairs, you'll discover a fully finished basement that offers a private entrance, providing independence and privacy for guests or tenants alike. This versatile basement includes a fully equipped accessory dwelling unit (ADU) featuring its own inviting living area, a full kitchen, a cozy bedroom and bath, and a modern bathroom—making it ideal for generating rental income or providing comfortable accommodations for visiting friends and family. KEY FEATURES: *Double Lot* Enjoy an expansive outdoor area that presents endless possibilities for gardening, entertaining, or future development projects. *R2 Zoning* Take advantage of the versatile zoning that enhances the property's potential, opening doors for various residential and investment opportunities. *Prime Location* Immerse yourself in the vibrant downtown Colorado Springs lifestyle, with an array of nearby shopping, dining, cultural attractions, and beautiful parks just moments away. This property is the perfect blend of a charming home and a lucrative investment opportunity, making it a rarity in today’s market. Don’t miss out on this exceptional chance to become part of the Colorado Springs community. explore all that this remarkable property has to offer!

421 S Prospect Street | MLS# 8848423

This multi-family property located at 421 S Prospect Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $532,000. Search Colorado Springs real estate on www.coricutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: None
Home Style: SF Home
Lot Size: 0.18 Acres
Roof Type: Composite Shingle
Taxes: $1,404
Year Built: 1910

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Washer
Basement/Foundation: Full Basement
Days on Site: 22
Existing Utilities: Electricity Connected
Exterior: Stucco
Laundry Facilities: Electric Hook-up
Parking Spaces: 2
Units: 2
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

IDX logo

Estimate Your Payment

Estimated Payment

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

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

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.

The real estate listing information and related content displayed on this site is provided exclusively 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel