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711 N Spruce St
Multi-Family
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$495,000

711 N Spruce St, Colorado Springs

33% below median
4 bd·2 ba·0 sqft
Built 18995,998 sqft lotOld Colorado City

711 N Spruce St, Colorado Springs, CO

4 bd · 2 ba · 0 sqft Multi-Family listed at $495,000, built in 1899 in the Old Colorado City neighborhood.

About this home

Cozy Home + Modern 2022 ADU The Perfect Blend of Comfort and Income Opportunity. Welcome to this charming 2-bedroom, 1-bath home on a 6, 000 sq. ft. lot, offering the perfect setup for anyone looking for a comfortable place to live and a smart investment at the same time. With 1, 052 sq. ft. of living space, the classic charm combined with practical updates of the main home feel warm and inviting. Setting this property apart is the functional and newer built additional dwelling unit on the property. Built in 2022, this additional unit features 2 bedrooms, 1 bathroom, and a versatile loft area, offering an incredible opportunity for rental income, office space or multigenerational living. Whether you choose long-term tenants, short-term rentals, or a private suite for guests, the options for flexibility are second to none. Located just minutes from Downtown Colorado Springs and Old Colorado City, this home sits in a highly desirable area with great demand for rentals. And with easy access to I-25, commuting is simple for youor your future tenants. Come explore the flexible possibilities of this must-see, cozy home that's conveniently close to places you'll love.

Property details

Price
$495,000
Bedrooms
4
Bathrooms
2
Year built
1899
Lot size
5,998 sqft
Type
Multi-Family
Days on market
152
Est. property tax
$2,525/yr · $210/mo · 0.51% CO avg
Last sold
$226,000 · Feb 2019

Estimated monthly payment

Down payment20% ($99,000)
Interest rate6.75%
Principal & Interest$2,568
Property Tax$454
Insurance$150
Total$3,172/mo

Can I afford this?

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Price history

$594K$271K$-53K$48K on Jan 84 (Sold)$51K on Oct 85 (Sold)$48K on Aug 91 (Sold)$84K on Sep 98 (Sold)$122K on Aug 01 (Sold)$138K on Nov 05 (Sold)$140K on Aug 10 (Initial list)$128K on Sep 10 (Price change)$107K on Oct 10 (Price change)$95K on Dec 10 (Price change)$95K on Jan 11 (Price change)$79K on Feb 11 (Sold)$125K on Feb 11 (Initial list)$125K on Mar 11 (Price change)$125K on May 11 (Sold)$142K on Oct 12 (Initial list)$138K on Nov 12 (Price change)$138K on Dec 12 (Price change)$159K on Jul 15 (Initial list)$159K on Jul 15 (Price change)$159K on Aug 15 (Sold)$180K on Dec 16 (Sold)$1K on Dec 17 (Price change)$1K on Dec 17 (Price change)$1K on Jan 18 (Price change)$1K on Jan 18 (Price change)$1K on Jan 18 (Price change)$1K on Jan 18 (Price change)$225K on Jan 19 (Initial list)$225K on Jan 19 (Initial list)$226K on Feb 19 (Sold)$226K on Feb 19 (Sold)$540K on Nov 25 (Initial list)$540K on Nov 25 (Initial list)$540K on Nov 25 (Initial list)$535K on Dec 25 (Price change)$535K on Dec 25 (Price change)$535K on Dec 25 (Price change)$529K on Jan 26 (Price change)$529K on Jan 26 (Price change)$529K on Jan 26 (Price change)$525K on Mar 26 (Price change)$525K on Mar 26 (Price change)$525K on Mar 26 (Price change)$519K on Mar 26 (Price change)$519K on Mar 26 (Price change)$519K on Mar 26 (Price change)$500K on Apr 26 (Price change)$500K on Apr 26 (Price change)$500K on Apr 26 (Price change)$495K on Apr 26 (Price change)$495K on Apr 26 (Price change)
$48K · Jan 84$495K · Apr 26
  1. Apr 25, 2026$495,000Price change
  2. Apr 25, 2026$495,000Price change
  3. Apr 11, 2026$500,000Price change
  4. Apr 11, 2026$500,000Price change
  5. Apr 11, 2026$500,000Price change
  6. Mar 23, 2026$519,000Price change
  7. Mar 23, 2026$519,000Price change
  8. Mar 23, 2026$519,000Price change
  9. Mar 7, 2026$525,000Price change
  10. Mar 7, 2026$525,000Price change
  11. Mar 7, 2026$525,000Price change
  12. Jan 21, 2026$529,000Price change
  13. Jan 21, 2026$529,000Price change
  14. Jan 21, 2026$529,000Price change
  15. Dec 19, 2025$535,000Price change
  16. Dec 19, 2025$535,000Price change
  17. Dec 19, 2025$535,000Price change
  18. Nov 24, 2025$540,000Initial list price
  19. Nov 21, 2025$540,000Initial list price
  20. Nov 21, 2025$540,000Initial list price
  21. Feb 20, 2019$226,000Sold
  22. Feb 15, 2019$226,000Sold
  23. Jan 13, 2019$225,000Initial list price
  24. Jan 12, 2019$225,000Initial list price
  25. Jan 25, 2018$1,295Price change
  26. Jan 23, 2018$1,295Price change
  27. Jan 9, 2018$1,295Price change
  28. Jan 9, 2018$1,295Price change
  29. Dec 26, 2017$1,395Price change
  30. Dec 26, 2017$1,395Price change
  31. Dec 13, 2016$180,000Sold
  32. Aug 28, 2015$159,000Sold
  33. Jul 21, 2015$159,000Price change
  34. Jul 16, 2015$159,000Initial list price
  35. Dec 5, 2012$138,000Price change
  36. Nov 7, 2012$138,000Price change
  37. Oct 6, 2012$141,900Initial list price
  38. May 3, 2011$124,987Sold
  39. Mar 7, 2011$124,987Price change
  40. Feb 24, 2011$124,987Initial list price
  41. Feb 2, 2011$79,000Sold
  42. Jan 6, 2011$95,000Price change
  43. Dec 14, 2010$95,000Price change
  44. Oct 20, 2010$107,000Price change
  45. Sep 22, 2010$128,000Price change
  46. Aug 22, 2010$139,900Initial list price
  47. Nov 17, 2005$138,000Sold
  48. Aug 20, 2001$122,000Sold
  49. Sep 14, 1998$84,000Sold
  50. Aug 2, 1991$48,427Sold
  51. Oct 1, 1985$51,000Sold
  52. Jan 1, 1984$47,500Sold

Location

This home is located in Colorado Springs, CO. Browse more Colorado Springs listings on the Colorado Springs market page or explore the full Colorado Springs market report.

About Colorado Springs: Colorado Springs is a home rule city that is the county seat of, and the most populous city in, El Paso County, Colorado, United States. The city had a population of 478,961 at the 2020 census, a 15.02% increase since 2010. Colorado Springs is the second-most populous city and most extensive city by area in the state of Colorado, and the 40th-most-populous city in the United States. It is the principal city of the Colorado Springs metropolitan area, which had 755,105 residents in 2020, and the second-most prominent city of the Front Range Urban Corridor. It is located in east-central Colorado on Fountain Creek, 70 miles (113 km) south of Denver. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 239 dry days per year and 21.8 inches of annual rainfall.

Location

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