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2826 W Platte Ave
Multi-Family
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$650,000

2826 W Platte Ave, Colorado Springs

4 bd·4 ba·0 sqft
Built 19368,999 sqft lotOld Colorado City

2826 W Platte Ave, Colorado Springs, CO

4 bd · 4 ba · 0 sqft Multi-Family listed at $650,000, built in 1936 in the Old Colorado City neighborhood.

About this home

Well-maintained four-plex located on the west side. Significant capital improvements include a new main sewer line installed in 2023 and an additional lateral line in 2025. The boiler was replaced in 2019 and upgraded with new copper tubing, along with a dedicated lateral line designed for a future boiler-heated hot water tank. All roofs were coated with two coats of silicone, offering protection expected to last up to 15 years. Additional updates include a new coin-operated laundry machine installed in 2022 and new luxury vinyl plank flooring in the laundry room in 2025. Unit updates: - Apartment 2 has been completely remodeled with a new kitchen and bathroom, along with newer paint, flooring, and doors. - Apartment 3 features newer tile countertops, new appliances, fresh paint, and refinished hardwood floors. - Apartment 4 offers new interior paint, refinished hardwood floors, new blinds, and a new range hood. The exterior landscaping is fully xeriscaped with decorative rock for low-maintenance upkeep. The property also includes two storage sheds and a detached garage at the rear, providing additional income potential.

Property details

Price
$650,000
Bedrooms
4
Bathrooms
4
Year built
1936
Lot size
8,999 sqft
Type
Multi-Family
Days on market
66
Est. property tax
$3,315/yr · $276/mo · 0.51% CO avg
Last sold
$300,000 · Aug 2019

Estimated monthly payment

Down payment20% ($130,000)
Interest rate6.75%
Principal & Interest$3,373
Property Tax$596
Insurance$150
Total$4,119/mo

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Price history

2.3%Most recent change on 2026-03-17: $665,000$650,000.

$755K$364K$-27K$38K on Jul 78 (Sold)$53K on Feb 79 (Sold)$195K on Dec 07 (Sold)$300K on Aug 19 (Sold)$675K on Oct 23 (Initial list)$675K on Dec 23 (Initial list)$675K on Dec 23 (Relisted)$675K on Feb 24 (Relisted)$690K on Jun 24 (Initial list)$690K on Jun 24 (Relisted)$670K on Aug 24 (Price change)$665K on Feb 26 (Initial list)$650K on Mar 26 (Price change)
$38K · Jul 78$650K · Mar 26
  1. Mar 17, 2026$650,000Price change
  2. Feb 19, 2026$665,000Initial list price
  3. Aug 5, 2024$670,000Price change
  4. Jun 25, 2024$690,000Relisted
  5. Jun 13, 2024$690,000Initial list price
  6. Feb 8, 2024$675,000Relisted
  7. Dec 18, 2023$675,000Relisted
  8. Dec 18, 2023$675,000Initial list price
  9. Oct 4, 2023$675,000Initial list price
  10. Aug 22, 2019$300,000Sold
  11. Dec 7, 2007$195,000Sold
  12. Feb 1, 1979$52,800Sold
  13. Jul 1, 1978$38,000Sold

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.

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