Calling all savvy investors! This exceptional duplex offers a stable income stream in a highly desirable location. Situated close to Monument, Colorado Springs, and Castle Rock, these units provide easy access to urban amenities with a charming small-town feel. Key features: • Two well-maintained 2-bedroom, 1-bathroom units: Both units are currently occupied by long-term tenants with leases ending October 31st, 2025. • Upper unit: Features a convenient portable dishwasher and in-unit washer and dryer. • Lower unit: Enjoys access to a shared washer and dryer. • Prime location: Residents can enjoy the convenience of nearby dining, shopping, and entertainment options in Monument, Colorado Springs, and Castle Rock. Don't miss out on this fantastic opportunity! This well-maintained duplex offers a strong return on investment and a chance to own property in a thriving area.
Sold for $450,000
$450,000
311 High St, Palmer Lake, CO 80133
4beds
2baths
1,976sqft
Duplex
Built in 1971
-- sqft lot
$533,400 Zestimate®
$228/sqft
$1,643 Estimated rent
Home value
$533,400
$496,000 - $571,000
$1,643/mo
Zestimate® history
Owner options
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$2,575/mo
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Zillow last checked:
Listing updated:
Listed by:
Mike Fischer SRES 719-964-8507,
Keller Williams Partners,
Ben Fischer 970-433-3338
Bought with:
Jennifer Browne
RE/MAX Real Estate Group LLC
Source: elevateMLS,MLS#: 2501295
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Hot Water
Cooling
- Ceiling Fan(s)
Appliances
- Included: 220v in Kitchen, Exhaust Fan, Oven, Refrigerator
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 4
Features
- Fencing: None
Lot
- Size: 0.37 Acres
Details
- Parcel number: 7105218006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Alum/Vinyl/Steel, Framed on Lot
- Roof: Composite Shingle
Condition
- Year built: 1971
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Palmer Lake
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $527,262
- Annual tax amount: $1,551
- Date on market: 6/27/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/13/2026 | Price change | $1,550-7.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/7/2026 | Listed for rent | $1,675$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2024 | Sold | $450,000-3.2%$228/sqft |
Source:  elevateMLS #2501295 Report a problem | ||
| 5/13/2024 | Contingent | $465,000$235/sqft |
Source: elevateMLS #2501295 Report a problem | ||
| 5/9/2024 | Listed for sale | $465,000+126.3%$235/sqft |
Source: elevateMLS #2501295 Report a problem | ||
| 4/8/2015 | Sold | $205,500-2.1%$104/sqft |
Source: Public Record Report a problem | ||
| 12/31/2014 | Listing removed | $209,900$106/sqft |
Source: Keller Williams Realty DTC #2634506 Report a problem | ||
| 11/29/2014 | Listed for sale | $209,900+5%$106/sqft |
Source: Keller Williams Realty DTC #2634506 Report a problem | ||
| 6/9/2011 | Listing removed | $199,900$101/sqft |
Source: RE/MAX PROPERTIES, INC. #435666 Report a problem | ||
| 4/8/2011 | Listed for sale | $199,900+5.2%$101/sqft |
Source: RE/MAX PROPERTIES, INC. #435666 Report a problem | ||
| 8/25/2004 | Sold | $190,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,049 +32.1% | $35,330 |
| 2023 | $1,551 -6% | $35,330 +59.6% |
| 2022 | $1,650 | $22,140 -4.9% |
| 2021 | -- | $23,280 +26.4% |
| 2020 | $1,359 +0.5% | $18,420 |
| 2019 | $1,353 +12.7% | $18,420 +19.1% |
| 2018 | $1,200 +0.2% | $15,470 |
| 2017 | $1,197 -0.2% | $15,470 +7.3% |
| 2016 | $1,200 +4.6% | $14,420 |
| 2015 | $1,147 +13.3% | $14,420 +11% |
| 2014 | $1,012 | $12,990 |
| 2013 | -- | -- |
| 2012 | -- | $13,000 |
| 2011 | $1,268 | $13,000 -20% |
| 2010 | -- | $16,240 |
| 2009 | -- | $16,240 +2% |
| 2008 | -- | $15,920 |
| 2006 | -- | $15,920 +25.7% |
| 2004 | -- | $12,670 |
| 2003 | $1,063 -2.4% | $12,670 -5.7% |
| 2002 | $1,090 -0.1% | $13,440 +12.6% |
| 2001 | $1,090 | $11,940 |
Find assessor info on the county website
Neighborhood: 80133
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Palmer Lake Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 5/10Lewis-Palmer Middle SchoolGrades: 7-8Distance: 3.5 mi
- 8/10Palmer Ridge High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- District: Lewis-Palmer-38
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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Estimated market value
$533,400
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Estimated market value
$533,400
- Colorado
- El Paso County
- Palmer Lake
- 80133
- 311 High St
Nearby cities
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Other Palmer Lake Topics
