312 E Cimarron St, Colorado Springs, CO
3 bd · 2 ba · 1,826 sqft Single Family listed at $415,000, built in 1910 in the Central Colorado City neighborhood.
About this home
Located just minutes from downtown Colorado Springs, this property offers a flexible layout well-suited for income-producing use or owner-occupant investment. The home includes 3 bedrooms, 2 bathrooms, and a total of 2,149 square feet, with an upper level that features a second kitchen and separate access-allowing it to function as an independent living space. Previously utilized as an income property, the layout supports a potential two-unit configuration with minimal modification, offering options for flexible term rental, multi-generational living, or partial owner occupancy. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines, and a replaced sewer line to the city main. Additional features include dedicated off-street parking, a backyard with patio and fire pit area, and close proximity to the downtown core and the revitalized south end, supporting strong rental appeal. Don't miss the opportunity to acquire a centrally located property with built-in flexibility and multiple income strategies.
Property details
- Price
- $415,000
- Bedrooms
- 3
- Bathrooms
- 2
- Interior
- 1,826 sqft
- Price / sqft
- $227
- Year built
- 1910
- Lot size
- 4,500 sqft
- Type
- Single Family
- Days on market
- 66
- Est. property tax
- $2,117/yr · $176/mo · 0.51% CO avg
- Last sold
- $250,000 · Jul 2018
Estimated monthly payment
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Price history
- Apr 23, 2026$415,000Initial list price
- Mar 24, 2026$415,000Price change
- Feb 19, 2026$425,000Initial list price
- Nov 7, 2025$415,000Price change
- Oct 13, 2025$425,000Price change
- Sep 27, 2025$449,000Initial list price
- Jul 16, 2018$250,000Sold
- May 11, 2018$245,000Initial list price
- Oct 12, 1993$39,900Sold
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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