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2416 W Vermijo Ave
Multi-Family
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$899,000

2416 W Vermijo Ave, Colorado Springs

345+ days
0 bd·0 ba·0 sqft
Built 195210,799 sqft lotOld Colorado City

2416 W Vermijo Ave, Colorado Springs, CO

0 bd · 0 ba · 0 sqft Multi-Family listed at $899,000, built in 1952 in the Old Colorado City neighborhood.

About this home

A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more. A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.

Property details

Price
$899,000
Bedrooms
0
Bathrooms
0
Year built
1952
Lot size
10,799 sqft
Type
Multi-Family
Days on market
345
Est. property tax
$4,585/yr · $382/mo · 0.51% CO avg
Last sold
$204,000 · Mar 2002
Virtual tour

Estimated monthly payment

Down payment20% ($179,800)
Interest rate6.75%
Principal & Interest$4,665
Property Tax$824
Insurance$150
Total$5,639/mo

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Price history

▼ 5.4%Most recent change on 2025-10-28: $950,000 → $899,000.

$1.75M$856K$-36K$113K on Nov 95 (Sold)$150K on Oct 96 (Sold)$204K on Mar 02 (Sold)$1.20M on Dec 20 (Initial list)$1.15M on Jan 21 (Price change)$1.15M on Jan 21 (Relisted)$1.13M on Feb 21 (Price change)$1.10M on Feb 21 (Price change)$1.07M on Apr 21 (Price change)$1.05M on May 21 (Price change)$1000K on May 21 (Price change)$989K on Jun 21 (Price change)$979K on Jul 21 (Price change)$1.60M on May 25 (Initial list)$1.40M on Jun 25 (Price change)$1.35M on Jul 25 (Price change)$1.20M on Aug 25 (Price change)$1.10M on Aug 25 (Price change)$999K on Sep 25 (Price change)$950K on Oct 25 (Price change)$899K on Oct 25 (Price change)
$113K · Nov 95$899K · Oct 25
  1. Oct 28, 2025$899,000Price change
  2. Oct 6, 2025$950,000Price change
  3. Sep 20, 2025$999,000Price change
  4. Aug 15, 2025$1,099,000Price change
  5. Aug 7, 2025$1,200,000Price change
  6. Jul 2, 2025$1,349,000Price change
  7. Jun 13, 2025$1,399,000Price change
  8. May 15, 2025$1,599,000Initial list price
  9. Jul 8, 2021$979,000Price change
  10. Jun 26, 2021$989,000Price change
  11. May 19, 2021$999,900Price change
  12. May 8, 2021$1,050,000Price change
  13. Apr 27, 2021$1,075,000Price change
  14. Feb 26, 2021$1,100,000Price change
  15. Feb 4, 2021$1,125,000Price change
  16. Jan 25, 2021$1,149,000Relisted
  17. Jan 15, 2021$1,149,000Price change
  18. Dec 14, 2020$1,200,000Initial list price
  19. Mar 14, 2002$204,000Sold
  20. Oct 23, 1996$150,000Sold
  21. Nov 1, 1995$112,500Sold

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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