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1018 W Colorado Ave, Colorado Springs, CO, 80904

2beds
1baths
999sqft
$299,990
$300price/sqft
$2,117/moest. monthly cost
$84,680/yrincome needed

About This Home

Welcome to this beautifully remodeled 1899 bungalow nestled in the heart of highly sought-after Old Colorado City! This charming 2-bedroom, 1-bath home offers approximately 1000 square feet of updated living space, blending timeless character with modern improvements. Extensive updates include new interior and exterior paint, new carpet, wood laminate flooring, an updated bathroom, updated plumbing and light fixtures, new interior doors, vinyl windows and updated deck, and a 2025 water heater, making this home truly move-in ready. The inviting front porch is the perfect place to enjoy your morning coffee or unwind at the end of the day, while the fully fenced yard provides space for entertaining, gardening, outdoor activities, or simply relaxing. Just off the kitchen, you'll find a versatile bonus room, for additional flex space, with convenient access to the partial basement for storage and utility space. Street parking and alley access add everyday convenience. Located in one of Colorado Springs sought after historic neighborhoods, you'll love being just moments from the unique boutiques, locally owned restaurants, coffee shops, breweries, art galleries, farmers markets, and year-round events that make Old Colorado City so special. Enjoy easy access to Downtown Colorado Springs, Garden of the Gods, Red Rock Canyon Open Space, Bear Creek Regional Park, Manitou Springs, scenic hiking and biking trails, shopping, schools, hospitals, military installations, public transportation, and I-25. Whether you're searching for your first home, downsizing, looking for a second home, or adding to your investment portfolio, this beautifully updated bungalow offers historic charm, and modern updates. You're going to love coming home.

Getting Around

76
WalkingVery Walkable
36
TransitSome Transit
84
BikeVery Bikeable

Schools

6/10
West Elementary SchoolGrades PK-50.8 mi
5/10
West Middle SchoolGrades 6-80.8 mi
4/10
Coronado High SchoolGrades 9-122.8 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1899

Materials

  • Roof: Composite Shingle
  • Construction materials: Wood Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Oven,Refrigerator
  • Laundry features: In Basement

Basement

  • Area: 224

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 6-Panel Doors
  • Flooring: Carpet,Wood Laminate
  • Fireplace features: None
  • Finished area below ground: 224
  • Finished area above ground: 775

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 999
  • Total interior livable area: 999 sqft

Property

Details

  • Parcel number: 7413219017

Features

  • Fencing: Front Yard

Lot

  • Lot size: 3,920 sqft
  • Features: Level,Hiking Trail,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center,No Landscaping

Parking

  • Parking features: No Garage,Gravel Driveway

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
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 $1,516$18,192
Home Insurance *$303$3,636
Property Taxes $112$1,344
Electricity $186$2,232
Total$2,117$25,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,582/yr
40% on housing$63,510/yr
45% on housing$56,453/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

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 80904$185
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80904
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-12Listed for sale$299,990
2026-06-25Listing removed$1,100
2026-06-09Listed for rent$1,100
2024-01-23Listing removed--
2023-12-29Listed for rent$1,595
2020-08-15Listing removed$1,399
2020-08-04Listed for rent$1,399
2019-05-21Listing removed$1,199
2019-05-08Price change$1,199
2019-04-22Listed for rent$1,200
2018-03-25Listing removed$1,100
2018-03-22Listed for rent$1,250
2014-07-18Listing removed$750
2014-07-14Listed for rent$750
2007-01-08Sold$104,000

For Sale by Agent

AgentPamela Higgins-De Jong ABR MRP
BrokerageRE/MAX Real Estate Group LLC

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