Updated, well-maintained, and truly rent-ready, this Cañon City duplex offers a strong investment opportunity on a convenient corner lot near Greenwood Avenue and 3rd Street. The property features approximately 2,016 square feet of total living space, a two-car garage, and a practical two-unit layout, believed to consist of two bedrooms and one bathroom per unit. Whether you're an investor, owner-occupant, or buyer seeking a house-hack opportunity, this property offers flexibility and long-term potential. Extensive updates have been completed with the goal of creating a durable, low-maintenance rental asset. The result is a clean and functional duplex that shows exceptionally well and is ready for immediate occupancy. Each unit offers comfortable living spaces, updated finishes, and an overall low-maintenance feel, while retaining select original features, including some windows and fiberglass shower surrounds. The property also presents multiple income opportunities. Previous ownership utilized one unit as a long-term rental and the other as a short-term rental, demonstrating the potential for a hybrid investment strategy. Buyers may choose to continue a combination of traditional and furnished rentals, and with the addition of amenities such as a hot tub or enhanced outdoor spaces, there may be further short-term rental potential. Conveniently located near downtown Cañon City, schools, shopping, restaurants, and everyday services, this duplex benefits from a desirable location with consistent rental demand. Whether you're expanding your investment portfolio, seeking a turnkey multifamily property, or exploring flexible rental strategies, this property represents a compelling opportunity in the Cañon City market.
For sale
Price cut: $5.1K (8/21)
$339,900
228 Greenwood Ave, Canon City, CO 81212
4beds
2baths
--sqft
Duplex
Built in 1979
-- sqft lot
$333,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 25 days
- 250
- 20
Zillow last checked:
Listing updated:
Listed by:
Erick Passmore,
Century 21 Community First
Source: Royal Gorge AOR,MLS#: 7620145
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Has fireplace: No
- Fireplace features: None
Property
Features
- Fencing: Rear
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 11025410
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Frame
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Canon City
Financial & listing details
- Tax assessed value: $285,559
- Annual tax amount: $1,782
- Date on market: 8/5/2026
- Listing terms: Cash,Conventional,FHA
Estimated market value
$333,000
$316,000 - $350,000
$2,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $339,900-1.5% |
Source: | ||
| 7/4/2026 | Listed for sale | $345,000 |
Source: | ||
| 7/3/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/19/2026 | Listed for sale | $345,000+21.1% |
Source: Owner Report a problem | ||
| 3/1/2023 | Sold | $285,000-3.4% |
Source: | ||
| 1/20/2023 | Listed for sale | $295,000-9.2% |
Source: | ||
| 7/7/2022 | Listing removed | -- |
Source: | ||
| 6/22/2022 | Listed for sale | $325,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,636 +23.9% | $19,132 +23.9% |
| 2023 | $1,321 -7.6% | $15,447 -6.2% |
| 2022 | $1,429 -2.4% | $16,466 -4.9% |
| 2021 | $1,464 +54.8% | $17,314 +53.8% |
| 2020 | $946 +1.3% | $11,260 |
| 2019 | $934 +2.7% | $11,260 -2% |
| 2018 | $910 | $11,485 |
| 2017 | $910 -1.5% | $11,485 -9% |
| 2016 | $924 +0.2% | $12,620 |
| 2015 | $922 | $12,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 81212
Nearby schools
Schools provided by the listing agent
- Elementary: Washington
Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






