Skip main navigation
Off market
Street View
  • $587,800

    306 S Institute St, Colorado Springs, CO 80903

    5beds
    1,687sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $587,800 Zestimate®
    $348/sqft
    $1,898 Estimated rent

    Home value

    $587,800

    $547,000 - $635,000

    $1,898/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,898/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,898/mo

    Rent Zestimate®

    Refinance and save

    $3,406/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,406/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gorgeous remodel located minutes from downtown! This home has a main house with 2 detached cottages. The Main home has been fully renovated with new paint in and out, new roof over all structures! Walking inside you are greeted with a wood floors that flow throughout the main level. Living room has a wood fireplace. There is an office off the living room. Kitchen has all new cabinets, countertops, Stainless Steel Appliances and a dining room. Main level includes 2 bedrooms with the Master bedroom adjoining to a full bath with double vanity and tile flooring. Basement is finished to include a small rec room with wet bar. There is also a 3rd bedroom which could also be the master as it has its own private 3/4 bath with free standing shower. Laundry hookups are in the basement. Home does have a usable attic space with a ladder accessed near the stairs going to the basement. There is a large carport off the side of the home which goes straight to the studio cottage. This cottage on the left side of the home has a Kitchenette, living space, and its own 3/4 bath. The 2nd cottage has all new flooring, full Kitchen, and a full bath. There is storage on site as well as communal washer and drier. This whole property sits on a large corner lot with a separate driveway for each cottage.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    Heating
    • Baseboard, Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,687 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street, On-street, Garage
    Features
    • Exterior features: Stucco
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 6417310001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $348/sqft
    • Tax assessed value: $497,478
    • Annual tax amount: $1,989

    Price history

    DateEventPrice
    9/15/2020Sold$503,000+22.7%$298/sqft
    Source: Public Record Report a problem
    3/11/2019Sold$410,000+2.5%$243/sqft
    Source: Public Record Report a problem
    1/18/2019Price change$399,999-3.6%$237/sqft
    Source: Re/Max Properties Inc #6240337 Report a problem
    12/27/2018Listed for sale$415,000+188.2%$246/sqft
    Source: Re/Max Properties Inc #6240337 Report a problem
    6/4/2018Sold$144,000+260%$85/sqft
    Source: Public Record Report a problem
    7/30/2012Sold$40,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,989 +6.4%$35,070 -12.9%
    2024$1,870 +10.5%$40,260
    2023$1,692 -7.8%$40,260 +33.2%
    2022$1,835 $30,230 -2.8%
    2021-- $31,100 +97.1%
    2020$1,900 +78.3%$15,780
    2019$1,065 +32.5%$15,780 +36.4%
    2018$804 -5.3%$11,570
    2017$849 +5.6%$11,570 +6.5%
    2016$804 +27.7%$10,860
    2015$630 +3.1%$10,860 +7%
    2014$611 $10,150
    2013-- --
    2012-- $10,150
    2011$665 $10,150 -10%
    2010-- $11,280
    2009-- $11,280 -7%
    2008-- $12,130
    2006-- $12,130 +32%
    2004-- $9,190
    2003$596 +3.7%$9,190 -12.3%
    2002$575 +0.3%$10,480 +6.2%
    2001$573 $9,870
    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $587,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $587,800