Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping. With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!
Price cut: $5K (8/17)
$545,000
225 N Cedar St, Colorado Springs, CO 80903
3beds
2,275sqft
Single Family Residence
Built in 1901
6,250 Square Feet Lot
$-- Zestimate®
$240/sqft
$-- HOA
What's special
- 79 days
- 388
- 26
Zillow last checked:
Listing updated:
Listed by:
Brian Boals 719-459-9955,
RE/MAX Real Estate Group LLC
Source: elevateMLS,MLS#: 7244029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Other
- Level: Main
- Area: 250 Square Feet
- Dimensions: 25 x 10
Heating
- Electric, Forced Air
Cooling
- Ceiling Fan(s), Evaporative Cooling
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Basement, Main Level
Features
- 9Ft + Ceilings, Skylight (s), Vaulted Ceiling(s), High Speed Internet
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Windows: Window Coverings
- Basement: Partial,Partially Finished
Interior area
- Total structure area: 2,275
- Total interior livable area: 2,275 sqft
- Finished area above ground: 1,435
- Finished area below ground: 840
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Concrete Driveway, RV Access/Parking
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Exterior features: Auto Sprinkler System
- Fencing: Back Yard
Lot
- Size: 6,250 Square Feet
- Features: Level, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
Details
- Parcel number: 6417211010
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Framed on Lot, Frame
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1901
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $450,489
- Annual tax amount: $1,431
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $545,000-0.9%$240/sqft |
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| 7/10/2026 | Price change | $550,000-1.8%$242/sqft |
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| 6/9/2026 | Listed for sale | $559,999+1.8%$246/sqft |
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| 9/22/2025 | Listing removed | $550,000$242/sqft |
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| 9/18/2025 | Listed for sale | $550,000$242/sqft |
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| 9/12/2025 | Contingent | $550,000$242/sqft |
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| 7/28/2025 | Price change | $550,000-4.3%$242/sqft |
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| 7/10/2025 | Listed for sale | $575,000$253/sqft |
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| 7/8/2025 | Contingent | $575,000$253/sqft |
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| 4/4/2025 | Listed for sale | $575,000+36.6%$253/sqft |
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| 4/12/2024 | Sold | $421,000-6.2%$185/sqft |
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| 2/28/2024 | Pending sale | $449,000$197/sqft |
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| 2/28/2024 | Contingent | $449,000$197/sqft |
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| 2/23/2024 | Price change | $449,000-5.5%$197/sqft |
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| 1/24/2024 | Price change | $475,000-4.8%$209/sqft |
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| 1/9/2024 | Price change | $499,000+5.1%$219/sqft |
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| 1/9/2024 | Listed for sale | $475,000$209/sqft |
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| 12/19/2023 | Contingent | $475,000$209/sqft |
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| 11/30/2023 | Price change | $475,000-4.8%$209/sqft |
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| 10/7/2023 | Listed for sale | $499,000+108%$219/sqft |
Source: | ||
| 8/11/2015 | Sold | $239,900+116.1%$105/sqft |
Source: Public Record Report a problem | ||
| 10/7/1999 | Sold | $111,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,317 +34.6% | $30,180 |
| 2023 | $979 -7.8% | $30,180 +72.6% |
| 2022 | $1,062 | $17,490 -2.8% |
| 2021 | -- | $17,990 +18.3% |
| 2020 | $1,032 +0.5% | $15,210 |
| 2019 | $1,027 +34.2% | $15,210 +20% |
| 2018 | $765 -17.7% | $12,670 +15.1% |
| 2017 | $930 +21.5% | $11,010 -9.5% |
| 2016 | $765 +8.4% | $12,170 |
| 2015 | $706 +6% | $12,170 +10% |
| 2014 | $666 | $11,060 |
| 2013 | -- | -- |
| 2012 | -- | $11,290 |
| 2011 | $666 | $11,290 |
| 2010 | -- | $11,290 |
| 2009 | -- | $11,290 -7% |
| 2008 | -- | $12,140 |
| 2006 | -- | $12,140 +31.7% |
| 2004 | -- | $9,220 |
| 2003 | $599 +3.7% | $9,220 -12.4% |
| 2002 | $577 +3.3% | $10,520 +9.4% |
| 2001 | $558 | $9,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central Colorado Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Columbia
- Middle: North
- High: Palmer
- District: Colorado Springs 11
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








