515 N Franklin St, Colorado Springs, CO, 80903
About This Home
Nestled in the heart of the charming Shooks Run neighborhood, this lovingly maintained 148-year-old home blends timeless character with everyday comfort. Featuring 2 bedrooms and 1 bath, this historic gem showcases original hardwood flooring that tells a story in every step and a cozy freestanding wood stove that creates the perfect ambiance on crisp Colorado evenings. Situated on a large lot with convenient alley access, the property offers space, flexibility, and future potential — whether you envision a garden retreat, workshop, or additional outdoor living space. Enjoy an unbeatable location just minutes from local cafés, coffee shops, schools, parks, trails, hospitals, and vibrant downtown Colorado Springs. This is urban convenience wrapped in historic charm. If you’ve been searching for a home with soul, character, and a location that truly connects you to the community, this Shooks Run treasure is ready to welcome you home.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Existing Home
- Year built: 1878
Materials
- Foundation: Crawl Space
- Roof: Composite Shingle
- Construction materials: Stucco,Framed on Lot,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas in Kitchen,Microwave,Range,Refrigerator
- Laundry features: Electric Hook-up,Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Window Coverings
- Flooring: Tile,Wood,Wood Laminate
- Number of fireplaces: 1
- Fireplace features: Free Standing,One
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 816
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 816
- Total interior livable area: 816 sqft
Property
Details
- Parcel number: 6408334007
Features
- Patio & porch: Concrete,Covered
- Has view: Yes
- View description: View of Pikes Peak
Lot
- Lot size: 6,115 sqft
- Features: Level
Parking
- Parking features: No Garage,Garage Amenities (None),RV Access/Parking
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
- Winter Weather
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,643 | $19,716 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $121 | $1,452 |
| Electricity | $186 | $2,232 |
| Total | $2,216 | $26,592 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-02 | Listed for sale | $345,000 |
For Sale by Agent
View on Zillow