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111 S 8th St, Colorado Springs, CO, 80905

2beds
2baths
1,269sqft
$415,000
$327price/sqft
$2,688/moest. monthly cost
$107,520/yrincome needed

About This Home

Prime Old Colorado City Charm Meets Modern Versatility! Located on the edge of OCC and Downtown this beautifully remodeled gem features highly coveted MX-M (Mixed-Use) zoning, offering endless possibilities as a stunning urban residence, live-work setup, or professional office space. Step inside to a bright, open-concept main level highlighting soaring ceilings, hardwood floors, and a meticulously updated interior that perfectly balances modern luxury with historic charm. Downstairs, the finished basement is currently utilized as a spacious, non-conforming primary suite, providing excellent privacy and a great separation of space. This turnkey property boasts a new roof, new electrical wiring and panel, updated plumbing, new water heater, new hospital-grade air filtration system, and newer appliances, making it truly move-in ready from day one. Enjoy your downtime on the charming front porch and say goodbye to parking struggles with rare, dedicated off-street parking. You are just steps from the boutique shopping and dining of Old Colorado City.

Getting Around

79
WalkingVery Walkable
42
TransitSome Transit
83
BikeVery Bikeable

Schools

6/10
West Elementary SchoolGrades PK-51.1 mi
5/10
West Middle SchoolGrades 6-81.1 mi
4/10
Coronado High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1919

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: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Area: 505

Basement

  • Has basement: Yes
  • Basement: Partial,Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Flooring: Wood
  • Finished area below ground: 505
  • Finished area above ground: 764

Heating & Cooling

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

Interior Area

  • Total structure area: 1,269
  • Total interior livable area: 1,269 sqft

Property

Lot

  • Lot size: 3,001 sqft
  • Features: Level

Parking

  • Parking features: No Garage

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

How This Home’s Risks Compare

Winter Weather
Hail
Inland Flooding
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 $2,098$25,176
Home Insurance *$249$2,988
Property Taxes $155$1,860
Electricity $186$2,232
Total$2,688$32,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,160/yr
40% on housing$80,640/yr
45% on housing$71,680/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 80905$152
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80905
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-20Price change$415,000
2026-06-28Listed for sale$430,000
2024-04-08Sold$310,000
2024-03-10Contingent$310,000
2024-02-15Price change$310,000
2024-01-19Listed for sale$325,000
2023-12-18Listing removed--
2023-10-24Listed for sale$339,000

For Sale by Agent

AgentJP McDonough
Brokerage8Z Real Estate LLC

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