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2606 Wheeler Ave
Pending
Single Family
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$299,000

$156/sqft

2606 Wheeler Ave, Colorado Springs

59% below median
3 bd·3 ba·1,920 sqft
Built 19689,143 sqft lotCentral Colorado City

2606 Wheeler Ave, Colorado Springs, CO

3 bd · 3 ba · 1,920 sqft Single Family listed at $299,000, built in 1968 in the Central Colorado City neighborhood.

About this home

Investor Special - Fire-Damaged Ranch on Oversized Lot | Short Sale Rare opportunity for investors or experienced rehabbers. This large ranch-style home sits on an oversized lot and offers strong potential for a full renovation or redevelopment. The property includes a full basement and a large detached 3-car garage, providing ample space and flexibility. The home has fire damage and will require significant repairs or reconstruction, making it ideal for a cash buyer or renovation loan. Excellent layout potential, single-level living, and a generous footprint create multiple exit strategies. Property is being sold as-is as a short sale, subject to bank approval. No repairs will be made by the seller. Buyer to perform all due diligence regarding condition, utilities, zoning, and feasibility. Bring your vision and unlock the value in this well-located property with substantial upside.

Property details

Price
$299,000
Bedrooms
3
Bathrooms
3
Interior
1,920 sqft
Price / sqft
$156
Year built
1968
Lot size
9,143 sqft
Type
Single Family
Days on market
129
Est. property tax
$1,525/yr · $127/mo · 0.51% CO avg
Last sold
$515,000 · Feb 2022

Estimated monthly payment

Down payment20% ($59,800)
Interest rate6.75%
Principal & Interest$1,551
Property Tax$274
Insurance$150
Total$1,976/mo

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Price history

$629K$304K$-22K$32K on Jun 77 (Sold)$175K on Oct 08 (Sold)$268K on Apr 21 (Sold)$515K on Feb 22 (Sold)$575K on May 24 (Initial list)$549K on May 24 (Price change)$380K on Jun 24 (Relisted)$349K on Jul 24 (Price change)$339K on Jul 24 (Price change)$350K on Jun 25 (Initial list)$299K on Dec 25 (Initial list)
$32K · Jun 77$299K · Dec 25
  1. Dec 18, 2025$299,000Initial list price
  2. Jun 6, 2025$350,000Initial list price
  3. Jul 11, 2024$339,000Price change
  4. Jul 6, 2024$349,000Price change
  5. Jun 28, 2024$380,000Relisted
  6. May 6, 2024$549,000Price change
  7. May 3, 2024$575,000Initial list price
  8. Feb 18, 2022$515,000Sold
  9. Apr 16, 2021$268,000Sold
  10. Oct 30, 2008$175,000Sold
  11. Jun 1, 1977$32,000Sold

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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