523-525 N 5th St, Canon City, CO, 81212
About This Home
**Investment Opportunity: The Colorado House - Brick Duplex in Canon City** Discover a remarkable investment opportunity with "The Colorado House," a gorgeous brick duplex nestled in the vibrant heart of Canon City. Just a stone's throw from Main Street's delightful restaurants and shopping, this property combines historical charm with modern updates, making it an attractive option for savvy investors. This duplex boasts a rich history and a solid rental track record, ensuring a reliable income stream. Each one-bedroom unit is thoughtfully updated, featuring new flooring and well-maintained interiors that blend comfort with character. The generous-sized bedrooms provide ample living space, while the updated kitchens are perfect for today’s lifestyle. Each unit benefits from separate fenced outdoor areas, ideal for relaxation or entertaining. Additionally, a detached two-car garage offers valuable storage and parking options, enhancing the property's appeal. With current tenants on a month-to-month lease, you have the flexibility to adjust rental terms as needed. Plus, the new roof provides peace of mind for years to come. This is more than just a property; it's a gateway to a thriving community and a lucrative investment. Don’t miss out on the chance to own a piece of Canon City's history! *Photos are photoshopped to remove current tenants personal belongings.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1898
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Window features: Single Pane
- Attic: Access Only
Heating & Cooling
- Heating features: Natural Gas,See Remarks
- Cooling features: Refrigerated Air,Window Unit(s)
Property
Details
- Parcel number: 11024370
Features
- Fencing: All,Rear,See Prop Desc Remarks
Lot
- Lot size: 6,098 sqft
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
- Lightning
- Inland Flooding
- Winter Weather
- Hail
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 | $1,819 | $21,828 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $107 | $1,284 |
| Electricity | $186 | $2,232 |
| Total | $2,316 | $27,792 |
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 $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $359,900 |
| 2026-02-24 | Price change | $379,900 |
| 2025-09-16 | Price change | $399,900 |
| 2025-07-01 | Price change | $414,900 |
| 2025-05-08 | Listed for sale | $439,000 |
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