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704 Cooper Ave, Colorado Springs, CO, 80905

4beds
2baths
1,378sqft
$590,000
$428price/sqft
$3,639/moest. monthly cost
$145,560/yrincome needed

About This Home

Fully renovated up-down duplex in a central Colorado Springs location, offering strong income potential and flexibility for owner-occupants or investors. Each unit features 2 bedrooms and 1 bathroom, along with brand-new appliances and private in-unit laundry. The downstairs unit includes a bright enclosed sunroom with its own separate entrance, while both units share a fully fenced yard. Live in one unit and offset your mortgage with rental income from the other, or explore additional revenue through short-term rental opportunities. The upstairs unit is currently vacant, and the downstairs lease ends at the end of June—giving the future owner the flexibility to choose which unit to occupy. Both units have maintained a 0% vacancy rate in recent years, highlighting the property’s consistent rental demand. Additional income potential includes a separately rented garage and space to add an ADU (zoned R-2; buyer to verify with city). This is a rare opportunity to own a turnkey property with multiple income streams in a desirable location. Sewer Line was lined in 2022, which comes with a 50 year warranty that transfers to the new owners. New Furnace and New Split Units in Upstairs Unit. All Foundation issues were addressed and completed in 2022.

Getting Around

42
WalkingCar-Dependent
41
TransitSome Transit
67
BikeBikeable

Schools

6/10
6/10
Holmes Middle SchoolGrades 6-82.0 mi
4/10
Coronado High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1889

Materials

  • Foundation: Crawl Space

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Air,Other,Wall Furnace
  • Cooling features: Ceiling Fan(s),Central Air,Other,Wall Unit(s)

Interior Area

  • Total structure area: 1,378
  • Total interior livable area: 1,378 sqft

Property

Details

  • Parcel number: 7412409001

Features

  • Fencing: Community

Lot

  • Lot size: 9,151 sqft

Parking

  • Total spaces: 4