940 M St, Penrose, CO 81240
OFF MARKET

940 M St
Penrose, CO 81240

  • 3 Beds
  • 2 Baths
  • 1,288 sqft (on 2.46 acres)

$244,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,403/mo*

$244,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,403/mo*
3 Beds
2 Baths
1,288 sqft
(on 2.46 acres)

Local Information

  • Map ViewExplore the area around 940 M St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
2.46 acres
Living Area
1,288 sqft
Price/Sqft
$190

About this House

This single-family home is located at 940 M St, Penrose, CO. 940 M St is in Penrose, CO and in ZIP code 81240. This property has 3 bedrooms, 2 bathrooms and approximately 1,288 sqft of floor space. This property has a lot size of 2.46 acres and was built in 1987.
940 M St, Penrose, CO 81240 is a 3 bedroom, 2 bathroom, 1,288 sqft single-family home built in 1987. It is currently off market. The Trulia Estimate is $244,400, with a rent estimate of $2,111/month.

Home Details for 940 M St

Interior Features

Heating & Cooling
Heating: Other, OtherAir ConditioningCooling System: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 7

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherFoundation Type: Piers

Property Information

Year Built
Year Built: 1987Year Updated: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2.46 acres

Market trends in Penrose

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
40
4
MoM
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Property Tax and Assessment

Year2024
Tax$474
Assessment$193,001
Home facts updated by county records

Comparable Sales for 940 M St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.59
Single-Family Home
$445,000
09/29/25
3
2
1,911
0.81
Single-Family Home
$525,000
11/03/25
3
2
1,450
0.68
Single-Family Home
$265,000
05/14/26
3
1
1,680
0.75
Single-Family Home
$465,000
08/28/25
3
3
2,629
0.88
Single-Family Home
$219,700
08/19/25
3
2
1,512
0.61
Single-Family Home
$588,000
06/15/26
3
2.5
2,356
0.41
Single-Family Home
$460,000
12/08/25
3
1
2,112
0.91
Single-Family Home
$505,000
01/26/26
4
2
1,949
0.76
Single-Family Home
$675,000
07/10/26
4
2
2,277
1.30
Single-Family Home
$320,000
09/23/25
3
1.5
1,176

Nearby homes

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Assigned Schools

These are the assigned schools for 940 M St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Penrose

At least 9 Trulia users voted on each feature.
  • 92 % Say parking is easy

  • 89 % Say yards are well-kept

  • 88 % Say car is needed

  • 81 % Say people would walk alone at night

  • 80 % Say there's wildlife

  • 79 % Say it's quiet

  • 69 % Say there's holiday spirit

  • 62 % Say it's dog friendly

  • 60 % Say there are community events

  • 59 % Say kids play outside

  • 58 % Say neighbors are friendly

  • 36 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 18 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Pstiller
    "I live here, over live here ten years. like the people a lot but not the inconvenience. only one gas station, one very limited grocery. one bank. "
  • rstillday
    "I've lived in Penrose for two years now and love the area, everything is close and neighbors are really nice. Keep to themselves, but friendly if you need help. Great place to retire."
  • Ken
    "The area is good for horse or animal lovers. The county is only allowing homes or doublewide mobiles in the areas. No singlewides of any year or style are allowed. The area consist of half gravel and half paved roads. There is a huge mix of home types in the area. In 20 years it may become a more sought after area. The local folks do not want to be incorporated like the county would like it to be."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 940 M St

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Off Market Homes Near 940 M St

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Frequently asked questions about 940 M St

  • What is 940 M St estimated to be worth?
    Trulia's estimated value for 940 M St in Penrose, CO is $244,400.
  • Is Penrose a buyer's or seller's market?
    Penrose is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Penrose?
    Residents describe Penrose, CO as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Penrose, CO.
  • What are the closest schools to 940 M St?
    The closest schools to 940 M St in Penrose, CO are Florence High School (Middle, rated 3/10), Penrose Elementary School (Pre-K, rated 5/10).
  • Does 940 M St have air conditioning?
    Yes, 940 M St in Penrose, CO has air conditioning.
  • How big is the lot at 940 M St?
    The lot at 940 M St in Penrose, CO is about 2.5 acres.