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426 S Hancock Ave, Colorado Springs, CO, 80903

4beds
3baths
1,704sqft
$495,000
$290price/sqft
$3,139/moest. monthly cost
$125,560/yrincome needed

About This Home

Three-unit investment property located near Memorial Park is ready for you! "Main House" has 2 bedrooms and 1 bath, "Long House" has 1 bedroom and 1 bathroom, "Cottage" has 1 bedroom and 1 bathroom. All units come with refrigerator, stove, washer, & dryer. Tenants are currently on month-to-month lease.

Getting Around

57
WalkingSomewhat Walkable
37
TransitSome Transit
63
BikeBikeable

Schools

1/10
Hunt Elementary SchoolGrades PK-50.9 mi
6/10
North Middle SchoolGrades 6-81.6 mi
3/10
Palmer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1910

Materials

  • Foundation: Not Applicable
  • Construction materials: Wood Siding,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas in Kitchen,Oven,Refrigerator,Washer
  • Laundry features: Electric Hook-up

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,704
  • Total interior livable area: 1,704 sqft

Property

Details

  • Parcel number: 6417315021

Lot

  • Lot size: 4,599 sqft

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
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Tornado

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 $2,502$30,024
Home Insurance *$266$3,192
Property Taxes $185$2,220
Electricity $186$2,232
Total$3,139$37,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,622/yr
40% on housing$94,170/yr
45% on housing$83,706/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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$190
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$495,000
2022-10-27Listing removed--
2022-09-27Listed for rent$1,495
2020-06-30Sold$162,000
2020-06-12Listed for sale$185,000
2020-06-12Pending sale$185,000
2020-05-20Listed for sale$185,000
2020-05-20Pending sale$185,000
2020-05-01Listed for sale$185,000
1995-09-18Sold$40,000

For Sale by Agent

AgentKatie Newbill MRP RENE
BrokerageKeller Williams Clients Choice Realty

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