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1041 Market St, Colorado Springs, CO, 80904

3beds
3baths
2,372sqft
$535,000
$226price/sqft
$3,394/moest. monthly cost
$135,760/yrincome needed

About This Home

An exceptional opportunity on the West Side of Colorado Springs, just minutes from the mountains, offering versatility, character, and impressive income potential. This thoughtfully expanded and remodeled property blends timeless charm with modern sophistication. The main residence features 3 bedrooms and 3 bathrooms, enhanced by luxury vinyl flooring throughout the living room, kitchen, and flex room off the kitchen—ideal as a walk-in pantry, secondary dining area, or creative studio. The inviting living room is anchored by a cozy fireplace and framed by stunning mountain views, creating a warm and refined atmosphere. Just off the entry, an additional bedroom offers flexibility—perfect as a guest suite, executive home office, or private den. The kitchen features an open floor plan, abundant cabinetry, and all appliances included. The primary suite serves as a peaceful retreat, complete with a private balcony and direct access to its dedicated bath. Washer and dryer are included. Outdoor living impresses with a covered front porch, expansive rear patio, and large covered pergola—perfect for gatherings. The property is fully fenced and includes ceiling fans, unfinished basement storage, off-street parking for the main home, and alley access for the apartment. At the rear is a detached ADU with a versatile lower-level storage/office space and a private 2-bedroom, 1.5-bath apartment above with mountain views. Ideal for rental income, multi-generational living, or guests, this separate residence includes its own access and dedicated parking. Significant improvements—including a new roof, foundation, and sewer line—provide long-term confidence. Properties offering this combination of flexibility, updates, income potential, and West Side location are increasingly rare. This one won’t last.

Getting Around

65
WalkingSomewhat Walkable
26
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

5/10
5/10
West Middle SchoolGrades 6-80.8 mi
4/10
Coronado High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1951

Materials

  • Roof: Other
  • Construction materials: Wood Siding,Framed on Lot

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Main Level

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • 3/4 bathrooms: 3

Features

  • Great Room,Other,See Prop Desc Remarks
  • Flooring: Luxury Vinyl
  • Fireplace: Yes
  • Finished area below ground: 384
  • Finished area above ground: 1,988

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,372
  • Total interior livable area: 2,372 sqft

Other

  • Level: Upper
  • Area: 180

Property

Details

  • Parcel number: 7414206022

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Full,See Remarks
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 7,100 sqft
  • Features: Level,See Remarks,Hiking Trail,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center

Parking

  • Parking features: Concrete Driveway