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For sale
    • $899,000

    2416 W Vermijo Ave, Colorado Springs, CO 80904

    --beds
    --baths
    --sqft
    : 
    $5,570/mo
    Get pre-qualified
    Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private fenced in yard
    A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more. A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.
    436 days
    |
    70
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Spraggins 719-439-2968,

    Commonwealth Investment Corporation LLC

    Source: elevateMLS,MLS#: 4136642MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air, Natural Gas, See Prop Desc Remarks
      Cooling
      • Ceiling Fan(s), See Prop Desc Remarks
      Appliances
      • Laundry: Common Area
      Video & virtual tour

      Property

      Lot
      • Size: 10,798 Square Feet
      Details
      • Parcel number: 7411303016

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Existing
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Tax assessed value: $725,544
      • Annual tax amount: $2,487
      • Date on market: 5/15/2025
      • Listing terms: Cash,Conventional,FHA,Other,Owner Will Carry,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/28/2025Price change$899,000-5.4%
        Source: elevateMLS #4136642 Report a problem
        10/6/2025Price change$950,000-4.9%
        Source: elevateMLS #4136642 Report a problem
        9/20/2025Price change$999,000-9.1%
        Source: elevateMLS #4136642 Report a problem
        8/15/2025Price change$1,099,000-8.4%
        Source: elevateMLS #4136642 Report a problem
        8/7/2025Price change$1,200,000-11%
        Source: elevateMLS #4136642 Report a problem
        7/2/2025Price change$1,349,000-3.6%
        Source: elevateMLS #4136642 Report a problem
        6/13/2025Price change$1,399,000-12.5%
        Source: elevateMLS #4136642 Report a problem
        5/15/2025Listed for sale$1,599,000+63.3%
        Source: elevateMLS #4136642 Report a problem
        8/3/2021Listing removed--
        Source: elevateMLS #5105957 Report a problem
        7/8/2021Price change$979,000-1%
        Source: elevateMLS #5105957 Report a problem
        6/26/2021Price change$989,000-1.1%
        Source: elevateMLS #5105957 Report a problem
        5/19/2021Price change$999,900-4.8%
        Source: elevateMLS #5105957 Report a problem
        5/8/2021Price change$1,050,000-2.3%
        Source: elevateMLS #5105957 Report a problem
        4/27/2021Price change$1,075,000-2.3%
        Source: elevateMLS #5105957 Report a problem
        2/26/2021Price change$1,100,000-2.2%
        Source: elevateMLS #5105957 Report a problem
        2/4/2021Price change$1,125,000-2.1%
        Source: elevateMLS #5105957 Report a problem
        1/15/2021Price change$1,149,000-4.3%
        Source: elevateMLS #5105957 Report a problem
        12/19/2020Listed for sale$1,200,000+488.2%
        Source: elevateMLS #5105957 Report a problem
        3/14/2002Sold$204,000+36%
        Source: Public Record Report a problem
        10/23/1996Sold$149,950+33.3%
        Source: Public Record Report a problem
        11/1/1995Sold$112,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,363 +191.7%$48,610
        2023$1,839 -9.8%$48,610 +47.9%
        2022$2,039 $32,860 -4.9%
        2021-- $34,550 +27%
        2020$1,846 +0.5%$27,200
        2019$1,836 +20.5%$27,200 +24.1%
        2018$1,523 -5.3%$21,920
        2017$1,608 +5.6%$21,920 +8.6%
        2016$1,523 +30.1%$20,190
        2015$1,170 +21.3%$20,190 +26%
        2014$965 $16,030
        2013-- --
        2011$1,142 $17,410 -10.1%
        2010-- $19,360
        2009-- $19,360 +0.1%
        2008-- $19,350 +17.6%
        2004-- $16,450
        2003$719 +3.7%$16,450 +30.2%
        2002$693 +2.1%$12,630 +8%
        2001$678 $11,690
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Old Colorado City

        Getting around

        90 / 100
        Walker's Paradise
        31 / 100
        Some Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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