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1489 Arapahoe Street, Strasburg, CO, 80136

2beds
3baths
1,895sqft
$434,900
$229price/sqft
$2,864/moest. monthly cost
$114,560/yrincome needed

About This Home

Looking for the perfect space to live and run your business? This is it! Located in Strasburg and zoned B4 Business, this versatile property offers incredible potential for entrepreneurs or anyone seeking a live/work setup. The home was fully renovated just three years ago, featuring updated electrical, plumbing, drywall, paint, doors, trim, and flooring. Enjoy year-round comfort with a newer furnace and central A/C, plus modern lighting throughout. Additional upgrades include a new roof, sprinkler system, and a beautifully added en-suite bathroom. The room off the garage includes a convenient half bath—ideal for a home office, client space, or studio. Outside, you’ll find a spacious backyard with a storage shed and a long driveway providing ample parking for multiple vehicles. Whether you're starting a business or simply want a move-in-ready home with flexibility, this property is a rare opportunity. Contact us today to schedule a showing!

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
2/10
Hemphill Middle SchoolGrades 6-80.6 mi
5/10
Strasburg High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1916

Materials

  • Roof: Composition
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom

  • Features: En Suite Bathroom,Primary Suite
  • Level: Main

Bathroom

  • Level: Main

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Exercise Room

  • Level: Basement

Features

  • Ceiling Fan(s),Laminate Counters,Open Floorplan,Primary Suite,Smoke Free,Walk-In Closet(s)
  • Window features: Double Pane Windows,Window Coverings
  • Flooring: Tile,Vinyl
  • Finished area below ground: 200
  • Finished area above ground: 1,464

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,895
  • Total interior livable area: 1,895 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Office

  • Level: Main

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: 031552796
  • Zoning: B-4
  • Special condition: Standard
  • Exclusions: Personal Property Shipping Container Washer And Dryer

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Garden,Private Yard
  • Fencing: Partial
  • Residential vegetation: Grassed

Lot

  • Lot size: 8,712 sqft
  • Features: Sprinklers In Rear

Parking

  • Total spaces: 7
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Wildfire
Cold Wave
Drought
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$280$3,360
Property Taxes $199$2,388
Electricity $186$2,232
Total$2,864$34,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,194/yr
40% on housing$85,920/yr
45% on housing$76,373/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 80136$210
Arapahoe County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 80136$235
Arapahoe County$246

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$435,000
2026-03-20Listed for sale$440,000
2025-06-06Sold$410,000
2025-04-29Pending sale$424,999
2025-04-22Price change$424,999
2025-04-14Price change$429,999
2025-04-09Listed for sale$430,000
2023-10-30Sold$375,000
2023-09-01Sold$215,000
2018-01-31Sold$205,000
2017-12-01Pending sale$200,000
2017-10-29Listed for sale$200,000
2017-10-29Listing removed$200,000
2017-10-28Price change$200,000
2017-09-26Price change$2,000
2017-09-18Price change$2,100
2017-08-30Price change$2,200
2017-05-20Listed for rent$2,300
2017-05-19Listing removed$200,000
2017-04-02Price change$200,000
2017-01-02Listed for sale$210,000
2013-08-12Sold$128,000
2013-05-20Listed for sale$130,000

For Sale by Agent

AgentConnie Lybarger
BrokerageRE/MAX Full House Inc.

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