CoriCutler

735 E Vermijo Avenue, Colorado Springs, CO 80903

$435,000
  • 735 E Vermijo Avenue, Colorado Springs, CO 80903 Main Photo

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Active
BEDS0 BATHS0.0 MLS#5614138
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWerner

Property Description

Turnkey duplex in a prime downtown Colorado Springs location with strong rental history. This fully occupied, income-producing property offers an excellent opportunity for both investors and owner-occupants. Each unit features 3 bedrooms and 2 bathrooms with functional layouts and comfortable living spaces. Well-maintained throughout, each unit includes a gas fireplace, vinyl windows, and durable, low-maintenance finishes that appeal to long-term tenants. Mechanical updates include a furnace and water heater installed in 2020, and the exterior and decks were painted in 2024. The property offers a spacious front yard, alley access with off-street parking, and a rear yard storage shed for additional utility. Its central location provides convenient access to downtown Colorado Springs, Prospect Lake, I-25, shopping, dining, and entertainment. Both tenants are currently on month-to-month leases, offering flexibility for an owner-occupant or an investor looking to adjust rents and maximize future income potential. A well-positioned asset with consistent rental demand and long-term upside in a growing market.

735 E Vermijo Avenue | MLS# 5614138

This multi-family property located at 735 E Vermijo Avenue, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $435,000. Search Colorado Springs real estate on www.coricutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: Gas, Two, See Remarks
Home Style: Duplex
Lot Size: 0.22 Acres
Roof Type: Composite Shingle
Taxes: $1,566
Year Built: 1998

Feature Descriptions

Appliances: Dishwasher, Disposal, Kitchen Vent Fan, Range, Refrigerator
Basement/Foundation: Crawl Space
Days on Site: 21
Existing Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Exterior: Masonite Type, See Prop Desc Remarks
Handicap Access: See Prop Desc Remarks
Laundry Facilities: Electric Hook-up
Parking Spaces: 6
Units: 2
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: Progressive Property Group LLC
Agency Phone: (719) 439-7647

Shown By

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

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Estimated Payment

$ 2,399.99 per month $2,142.70 Principal & Interest $130.42 Property Tax $126.88 Homeowner's Insurance

Change Payment Information

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(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.

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