1321 Wood Avenue, Colorado Springs, CO 80903

Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1321 Wood Avenue,Colorado Springs, CO 80903
$1,600,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel pitrone
Office: keller williams premier realty
MLS#:3306167
Source:CO_PPAR

Price summary

  • Price:$1,600,000

About this home

A rare opportunity awaits the discerning investor: acquire a stately, high-cash-flow asset in the heart of downtown Colorado Springs. Located on the coveted Millionaire’s Row in the historic Old North End, this magnificent property stands as a testament to turn-of-the-century elegance while delivering robust, modern-day returns. This is the turn-key investment you've been seeking, perfectly positioned for a seamless addition to any serious portfolio or a strategic close for a 1031 Exchange. This grand asset comprises a majestic Main House hosting seven units and a separate Carriage House providing three additional units, resulting in an impressive 10 unit property. With approximately 13,663 sq ft. of rentable space on a sprawling half-acre lot and dedicated parking, the property minimizes vacancy risk and maximizes tenant appeal in a high-demand market. It currently generates $12,000+ per month in income, with proven potential to reach ~$13,000. Recent exterior painting on

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Home facts

  • Year built:1919
  • Listing ID #:3306167
  • Added:5 day(s) ago
  • Updated:December 30, 2025 at 12:45 AM

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Electric, Forced Air, Natural Gas

Structure and exterior

  • Roof:Composite Shingle
  • Year built:1919
  • Lot area:0.52 Acres

Utilities

  • Water:Municipal

Finances and disclosures

  • Price:$1,600,000
  • Tax amount:$4,672 (2024)
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