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1215 N Nevada Ave
Multi-Family
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$3,500,000

1215 N Nevada Ave, Colorado Springs

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25 bd·22 ba·0 sqft
Built 191010,829 sqft lotEast Colorado Springs

1215 N Nevada Ave, Colorado Springs, CO

25 bd · 22 ba · 0 sqft Multi-Family listed at $3,500,000, built in 1910 in the East Colorado Springs neighborhood.

About this home

Pride of ownership shines throughout this charming Victorian apartment complex, ideally situated in the heart of Colorado Springs' Historic Old North End. The property features three buildings plus an alley-accessible gravel parking lot, offering both character and functionality. Building #1213 includes 8 units: a mix of one efficiency unit, five one-bedroom units, and two 1+ bedroom units. Building #1215 features 13 units, consisting of one two-bedroom unit, three efficiency units, six one-bedroom units, and three 1+ bedroom units. One of these units is currently utilized as an office. Building #1215 1/2 is a standalone three-bedroom cottage, adding unique charm and variety to the property. Each unit is equipped with a refrigerator, gas stove, and mini blinds. The property boasts excellent rental history, with many long-term tenants and steady occupancy. Financial information available upon request.

Property details

Price
$3,500,000
Bedrooms
25
Bathrooms
22
Year built
1910
Lot size
10,829 sqft
Type
Multi-Family
Days on market
174
Est. property tax
$17,850/yr · $1,488/mo · 0.51% CO avg
Last sold
$265,000 · Jan 1981
Virtual tour

Estimated monthly payment

Down payment20% ($700,000)
Interest rate6.75%
Principal & Interest$18,161
Property Tax$3,208
Insurance$150
Total$21,519/mo

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Price history

$3.82M$1.88M$-58K$265K on Jan 81 (Sold)$3.50M on Nov 25 (Initial list)
$265K · Jan 81$3.50M · Nov 25
  1. Nov 3, 2025$3,500,000Initial list price
  2. Jan 1, 1981$265,000Sold

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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