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15 N Walnut St, Colorado Springs, CO, 80905

2beds
2baths
2,171sqft
$749,000
$345price/sqft
$4,502/moest. monthly cost
$180,080/yrincome needed

About This Home

TWO HOMES on one remarkable property! This rare opportunity includes a beautifully updated historic primary residence plus a brand-new ADU with exceptional versatility perfect for multigenerational living, house hacking, short-term rentals, or a flexible live/work setup. The charming 2-bedroom, 2-bath main home offers 1,055 sq ft of bright, inviting living space. Thoughtfully renovated, it blends historic character with modern upgrades, featuring high ceilings, original trim, and new luxury vinyl plank flooring throughout. Light fills every room, creating a warm and welcoming feel. The brand-new ADU is a standout 1 bedroom with an added loft, 2 bathrooms, 648 sq ft, and an attached 2-car garage currently set up as a fun rec room complete with a pool table and ping pong table, perfect for guests or renters. Major improvements include new sewer lines, new electrical panels, and beautifully updated bathrooms. Dual laundry setups offer excellent separation for multi-unit living. Set on a large, private, fully fenced lot, the property features charming cottage-style, low-maintenance landscaping with front-yard turf, fresh mulch, alley-access parking, and a peaceful backyard patio with a hot tub ideal for relaxing or entertaining. Ideally located in the heart of Colorado Springs and close to Old Colorado City, you’re just minutes from the US Olympic & Paralympic Museum, parks, restaurants, bars, shopping, and a nearby golf course, walk or bike to everything. Currently operating as a top-rated, active Airbnb, both homes are offered fully furnished with proven revenue and established listings. Enjoy immediate, turnkey rental income from day one, no setup required. With C-6 zoning, the possibilities are endless. Live in one home and rent the other, run a business onsite, or create a flexible multi-use arrangement. A truly unique property with outstanding potential!

Getting Around

77
WalkingVery Walkable
52
TransitGood Transit
86
BikeVery Bikeable

Schools

6/10
West Elementary SchoolGrades PK-51.2 mi
5/10
West Middle SchoolGrades 6-81.2 mi
4/10
Coronado High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1891

Materials

  • Roof: Composite Shingle
  • Construction materials: Other,Framed on Lot

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partial,Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Wood
  • Finished area below ground: 599
  • Finished area above ground: 1,572

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Radiant
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,171
  • Total interior livable area: 2,171 sqft

Other

  • Level: Main
  • Area: 110

Property

Details

  • Parcel number: 7413122011

Features

  • Patio & porch: Composite
  • Fencing: Back Yard

Lot

  • Lot size: 5,501 sqft
  • Features: See Remarks,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2