3 Beds
2 Baths
1,553 SqFt
3 Beds
2 Baths
1,553 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,553 sqft
Price per Sqft $342
MLS Listing ID 2834134
Style Ranch
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Construction Status Existing Home
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,403
Tax Year 2024
Lot Size 8,000 Sqft
Property Sub-Type Single Family
Property Description
Bright, open-concept main level with natural light, updated flooring, and fresh paint throughout. The kitchen features quartz countertops, stainless-steel appliances (gas range, dishwasher, refrigerator), shaker cabinetry, tile backsplash, and a serving buffet—designed for daily living and entertaining. Spacious living and dining areas flow seamlessly for easy gatherings.
The fully finished basement has a private entrance and a complete ADU: living room, full kitchen, bedroom, and modern full bath. Perfect for long-term rental income, short-term guests (check local STR rules), multi-generational living, or home office/guest suite.
Key Features & Lifestyle
• Double lot with expansive yard—gardening, entertaining, or future development (subject to zoning).
• R2 zoning = flexibility for duplex conversion, ADU, or additional units—rare downtown.
• Prime Downtown Colorado Springs location: walk/bike to restaurants, breweries, shopping, parks, trails, CC, and the Pikes Peak Greenway. Quick access to I-25, Old Colorado City, and Memorial Park.
• Updated systems, modern finishes, and move-in ready condition.
Whether you're seeking a primary residence with income potential, a turnkey house-hack, or a long-term investment, this renovated downtown home delivers lifestyle + cash flow in one of Colorado's most desirable urban neighborhoods.
Location
State CO
County El Paso
Area Hillside
Interior
Cooling Ceiling Fan(s), Other, Wall Unit(s)
Flooring Wood Laminate
Fireplaces Number 1
Fireplaces Type None
Appliance Dishwasher, Dryer, Microwave Oven, Range, Refrigerator
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence All
Utilities Available Electricity Connected
Roof Type Composite Shingle
Building
Lot Description Corner, Level, Mountain View
Foundation Full Basement
Water Assoc/Distr
Level or Stories Ranch
Finished Basement 98
Structure Type Frame
Construction Status Existing Home
Schools
School District Colorado Springs 11
Others
Special Listing Condition Lead Base Paint Discl Req
Virtual Tour https://www.zillow.com/homedetails/421-S-Prospect-St-Colorado-Springs-CO-80903/13617292_zpid/?view=public&imxlb=t,5
Schools and Properties Nearby
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