411 Olive St, Colorado Springs, CO 80904
FOR SALE

411 Olive St
Colorado Springs, CO 80904

Old Colorado City
  • Studio
  • Studio

$600,000

Est. Mortgage $3,471/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

An Exceptional Income Opportunity Awaits – This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods & Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms & 1 bath, offering a generous living space on both levels. Whether your preference lies in long-term rentals or capitalizing on the mid & short-term rental market, this property is ideally situated amongst the most desirable city amenities. The main level residence boasts an aesthetic design w/cove ceiling, showcasing a charming ambiance that is sure to captivate. Solid hardwood floors flow throughout the great room & bedrms. The great room captures mountain views & adjoins the new luxury kitchen w/quartz counters, breakfast bar, shaker cabinets, uplighting, subway tile backsplash & marble tile floor. Main level bedrooms have easy access to jack & jill full bath. One bedroom has mtn views, the other has large closet & stack-able washer/dryer. The large backyard is fully fenced & divided into two separate private yards each w/ an outdoor kitchen feat. built-in grills/fridge/granite counter, electric outlets & cabinet, adding to the potential. The lower unit boast the same attention to detail with all new materials, LED lighting, French doors illuminate the great room & dining area. The adjoining kitchen has stainless appliances & pantry/storage. Both lower rooms have walk-in closets, egress windows, & easy access to ¾ bath. With a proven track record of consistent rent. Newer roof, newer electric panel, newer furnace, energy efficient windows & more. See it today.

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
12 days ago

Home Details for 411 Olive St

Interior Features

Interior Details
Basement: Full,Walk-Out Access
Appliances & Utilities
Utilities: Phone AvailableAppliances: 220v in Kitchen, Dishwasher, Disposal, Refrigerator, Self Cleaning OvenDishwasherDisposalLaundry: Electric Hook-upRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace

Exterior Features

Exterior Home Features
Roof: Composite ShingleFencing: Full, Back Yard, See Remarks
Parking & Garage
Parking Spaces: 4

Days on Market

Days on Market: 12

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Stucco

Price & Status

Price
List Price: $600,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Colorado Springs
School Information
Elementary School District: Colorado Springs 11Jr High / Middle School District: Colorado Springs 11High School District: Colorado Springs 11

Agent Information

Listing Agent
Listing ID: 3660074

Lot Information

Lot Area: 5301.252 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 3660074
Last check for updates: about 14 hours ago
Listing courtesy of Edward Behr CRS GRI , (719) 338-7038
The Platinum Group
Brandon Behr, (719) 238-4912
Source: Pikes Peak MLS, MLS#3660074

Price History for 411 Olive St

DatePriceEventSource
04/17/2024$600,000Listed For SalePikes Peak MLS #3660074
04/28/2023$600,000Sold
N/A
10/27/2022$200,000Sold
Pikes Peak MLS #7502336
10/03/2022$250,000ContingentPikes Peak MLS #7502336
09/27/2022$250,000PendingToActivePikes Peak MLS #7502336
09/15/2022$350,000ContingentPikes Peak MLS #7502336
09/10/2022$350,000PendingToActivePikes Peak MLS #7502336
08/31/2022$350,000ContingentPikes Peak MLS #7502336
08/21/2022$350,000Listed For SalePikes Peak MLS #7502336

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Property Taxes and Assessment

Year2022
Tax$1,121
Assessment$265,612
Home facts updated by county records

Comparable Sales for 411 Olive St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Multi-Family Home
$794,000
07/10/23
-
-
0.35
Multi-Family Home
$725,000
08/31/23
-
-
0.33
Multi-Family Home
$450,000
12/21/23
-
-
0.45
Multi-Family Home
$512,000
03/08/24
-
-
0.47
Multi-Family Home
$445,000
02/27/24
-
-
0.56
Multi-Family Home
$469,900
09/26/23
-
-
0.40
Multi-Family Home
$179,800
08/29/23
4
2
1,867
0.60
Multi-Family Home
$891,000
10/23/23
-
-
0.68
Multi-Family Home
$525,000
10/11/23
-
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Colorado City

  • Jeneva
    "I see people walking their dogs all the time. It’s an older and quiet neighborhood, I am female and I always feel safe walking alone."
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  • Trulia User
    "The sidewalks are not best so watch your step. There are Trails around to be able to take your dogs on long walks but they need to be on leashes still"
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  • Trulia User
    "I love my neighborhood it's close to trails, mountains, stores and tourists area. very easy to hop on the major highway to Denver and Pueblo. "
    0
    Flag
  • Trulia User
    "I think this is more of an older adult community, not a lot of kids in this neighborhood. It's not "unfriendly" to children. It just has older adults in it. "
    1
    Flag
  • Trulia User
    "I commute to Denver, kinda far, but I love the neighborhood. But my second job in the Springs is close by. Centrally located area"
    0
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  • Trulia User
    "It’s really close to Old Colorado City. I love this area for neighborhood walks and a beautiful view of the mountains."
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  • Trulia User
    "Yes, it’s a good place to live. Mostly all dog owners leash their pups and walk them about the neighborhood. Hidden gem"
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  • Trulia User
    "I have to use the bus or rideshare after a car wreck. The #16 bus route is adequate when it is running. "
    1
    Flag
  • Trulia User
    "The neighbor hood is quiet and peaceful and plenty of beautiful parks near bye and many stores around never a terrible event going on either extremely friendly "
    0
    Flag
  • Trulia User
    "there are lots of pet friendly parks here that dog owners do not need to have a leash for there animales"
    0
    Flag
  • Trulia User
    "close to Garden of the Gods, Pikes Peak, grocery stores. resteraunts, tourist area, and major highways."
    0
    Flag
  • Trulia User
    " this neighborhood is very age diverse. young families and elderly. schools parks are abundant. There are a lot of shopping and resteraunts also"
    0
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  • Trulia User
    "We live in Gold Hill Mesa and we live this neighborhood. Everything well maintained and people are very friendly "
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    Flag
  • Eric B.
    "It's parks and natural spaces make old Colorado City feel very homey in the heart of a small old pioneer city."
    4
    Flag
  • Steveandpattiepayne
    "Nearby schools, several parks, nice people, interesting community. Some homeless, hopefully the city comes up with a viable, humane solution."
    3
    Flag
  • LeeAnn S.
    "we have a farmers market on the weekend and a lot of times on Thursday night there's usually a band in the local park"
    0
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  • Steveandpattiepayne
    "Summer music evenings, neighbourhood garage sale, walkable, everything we need, mostly. Friendly people, pets ok"
    1
    Flag
  • Taylormarieed
    "In my particular neighborhood, (Cross roads: Kiowa St. & South Limit) it feels safe and is quiet at night time. I feel comfortable letting my kids walk the dog by themselves during the day, (not too far away, of course!) Overall, I have no complaints since moving to this neighborhood! "
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  • Gary B.
    "like the beautiful spaces. Hate lack of pooper bag stations. the views are amazing. the weather is fantastic."
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  • Brittanymrdh
    "Everyone is out walking their dogs all the time and are very friendly. Close to a couple different parks to walk your dogs. "
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  • Kelley H.
    "Perfect location in terms of proximity to downtown. My commute is 10 minutes down Colorado Ave and rush hour doesn’t exist."
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  • Cullyr
    "There are many parks and playgrounds though out occ/the westside mot residences have one within walking distance "
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  • Trulia User
    "There are plenty of nearby trails and dog parks. There is no heart worm incident originating locally. Ticks are very very rare, even on the foothill trails. Fleas are uncommon. Several great vets are in the neighborhood. "
    1
    Flag
  • De
    "Good neighborhood nice people a lot good stores pet friendly I feel very comfortable living in this neighborhood "
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  • Robin W.
    "More of a hometown vibe. Kids play outside and deer stroll through. Walking can be challenging in the hilly areas. "
    1
    Flag
  • Brian M.
    "Love the fact that being on the edge of westside I have had deer, raccoons, squirrels, etc in and through the yard. For the most part pretty quiet neighborhood "
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  • Amanda J.
    "very easy commute with car to anywhere in the city. along Colorado there are nice walkable areas and there are trails and parks all around "
    1
    Flag
  • Caitlin D. M.
    "Lots of people have dogs but you have to be careful about where you walk them because the sidewalks disappear and reappear randomly through the neighborhood "
    1
    Flag
  • Erin J.
    "I just moved here and I love it. I’ve been here for about a week or two now. I catch the bus to get around and so far everything has been great!"
    4
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  • Bobajanw
    "Library, museum, shopping, dining all within walking distance. Dog friendly. Neighborly environment. Really enjoy living here!"
    2
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  • cbaum
    "This is an ideal location for many. Two miles from the Broadmoor, two miles from Old Colorado City, two miles from downtown. Best restaurant in Colorado per Conde Naste is about 1 mile away. Walmart 0.8 miles away. "
    2
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  • mtroyerickson
    "I own a house here, and have sense 2011. Very quiet neighborhood, and I have never had an issue with any of my neighbors. Everyone is friendly, and sociable. Close to Old Colorado city, and a lot of different restaurants, and independent shops. Great place to live, and raise a family."
    0
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  • Bobajanw
    "A great place to live; close to parks, shopping, library, family oriented pubs."
    2
    Flag
  • seakorn33
    "This is a great kept secret for those who want to be close to city but tucked in mountain range. Close to everything."
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LGBTQ Local Legal Protections

Edward Behr CRS GRI , The Platinum Group
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
411 Olive St, Colorado Springs, CO 80904 is a studio multi-family built in 1948. 411 Olive St is located in Old Colorado City, Colorado Springs. This property is currently available for sale and was listed by Pikes Peak MLS on Apr 17, 2024. The MLS # for this home is MLS# 3660074.