704 Cooper Ave, Colorado Springs, CO, 80905
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
Car-Dependent
Some Transit
BikeableSchools
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
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
- Inland Flooding
- Lightning
- Tornado
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 | $2,781 | $33,372 |
| Home Insurance * | $249 | $2,988 |
| Property Taxes | $206 | $2,472 |
| Electricity | $186 | $2,232 |
| Total | $3,422 | $41,064 |
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 |
|---|---|---|
| 2026-05-11 | Price change | $590,000 |
| 2026-04-30 | Listed for sale | $600,000 |
| 2022-02-17 | Sold | $302,000 |
| 2022-01-13 | Listed for sale | $275,000 |
| 2004-12-02 | Sold | $171,360 |
| 2001-06-14 | Sold | $139,500 |
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