Rare opportunity in the heart of Manitou Springs. 4 of 5 units currently rented out. One of the units currently undergoing a cosmetic remodel that should be complete by mid April and ready to rent turn key. The upper two units have the benefit of off street parking in a dedicated lot off Dudley. Newer roof, newer water heater that services all the units. The location can not be beat, right up the street from downtown Manitou. Exceptionally strong rental history with consistent 100% occupancy.
Sold for $814,900
$814,900
505 Canon Ave, Manitou Springs, CO 80829
5beds
5baths
3,050sqft
Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$267/sqft
$5,360 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,360/mo
Zestimate® history
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Dedicated lotNewer roof
Zillow last checked:
Listing updated:
Listed by:
Iggy Beljovkin 719-233-2410,
Summit Ridge Group LLC
Bought with:
Non Member
Non Member
Source: elevateMLS,MLS#: 4568699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Coin, Common Area
Interior area
- Total interior livable area: 3,050 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 3,625 Square Feet
Details
- Parcel number: 7405212017
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1909
Utilities & green energy
- Water: Municipal
- Utilities for property: Natural Gas Connected, Phone Available
Community & HOA
Location
- Region: Manitou Springs
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $368,153
- Annual tax amount: $1,593
- Date on market: 9/17/2023
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2023 | Sold | $814,900$267/sqft |
Source:  elevateMLS #4568699 Report a problem | ||
| 6/18/2023 | Price change | $814,900-1.8%$267/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 5/30/2023 | Price change | $829,900-1.8%$272/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 5/13/2023 | Price change | $844,900-1.7%$277/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 5/2/2023 | Price change | $859,900-1.1%$282/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 4/15/2023 | Price change | $869,900-1.1%$285/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 3/26/2023 | Listed for sale | $879,900-9.7%$288/sqft |
Source: elevateMLS #4568699 Report a problem | ||
| 9/2/2022 | Listing removed | -- |
Source: elevateMLS #9822063 Report a problem | ||
| 4/9/2022 | Listed for sale | $974,900+971.3%$320/sqft |
Source: elevateMLS #9822063 Report a problem | ||
| 3/3/2019 | Listing removed | $650 |
Source: A Cut Above Property Management Report a problem | ||
| 2/23/2019 | Listed for rent | $650 |
Source: A Cut Above Property Management Report a problem | ||
| 10/19/2015 | Sold | $91,000-59.7%$30/sqft |
Source: Public Record Report a problem | ||
| 11/7/2001 | Sold | $226,000+22.8%$74/sqft |
Source: Public Record Report a problem | ||
| 5/19/1998 | Sold | $184,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,011 +88.9% | $24,660 |
| 2023 | $1,594 -6.1% | $24,660 +14.4% |
| 2022 | $1,698 | $21,560 -4.9% |
| 2021 | -- | $22,670 +19.9% |
| 2020 | $1,486 -5.8% | $18,900 |
| 2019 | $1,578 +33.3% | $18,900 +24.2% |
| 2018 | $1,184 -11.6% | $15,220 |
| 2017 | $1,339 +13.1% | $15,220 -9.5% |
| 2016 | $1,184 -9.5% | $16,820 |
| 2015 | $1,309 +7.6% | $16,820 |
| 2014 | $1,217 | $16,820 |
| 2013 | -- | -- |
| 2012 | -- | $18,280 |
| 2011 | $1,340 | $18,280 -2.2% |
| 2010 | -- | $18,700 |
| 2009 | -- | $18,700 -11.6% |
| 2008 | -- | $21,160 |
| 2006 | -- | $21,160 +17.6% |
| 2004 | -- | $17,990 -5.4% |
| 2003 | $1,366 +2.8% | $19,020 +6.9% |
| 2002 | $1,329 +9.5% | $17,800 +8% |
| 2001 | $1,214 | $16,480 |
Find assessor info on the county website
Neighborhood: 80829
Nearby homes
- $--1 bd1 ba-- sqft505 Canon Ave #3, Manitou Springs, CO 80829Off Market
- $--1 bd1 ba-- sqft505 Canon Ave APT 1, Manitou Springs, CO 80829Off Market
- $--1 bd1 ba450 sqft505 Canon Ave APT 2, Manitou Springs, CO 80829Off Market
- $--1 bd1 ba-- sqft505 Canon Ave APT 4, Manitou Springs, CO 80829Off Market
- $999-- bd1 ba179 sqft505 Canon Ave APT 5, Manitou Springs, CO 80829For Rent
- $--1 bd1 ba-- sqft507 Canon Ave #3, Manitou Springs, CO 80829Off Market
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Nearby schools
GreatSchools rating
- 5/10Ute Pass Elementary SchoolGrades: PK-6Distance: 5.8 mi
- 6/10Manitou Springs Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Manitou Springs High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Manitou Springs-14
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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- Colorado
- El Paso County
- Manitou Springs
- 80829
- 505 Canon Ave
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