Sold for $425,000

$425,000

740 E Rio Grande St, Colorado Springs, CO 80903

4beds

2baths

1,235sqft

Duplex

Built in 1952

-- sqft lot

$424,900 Zestimate^®

$344/sqft

$1,510 Estimated rent

Home value

$424,900

$404,000 - $446,000

$1,510/mo

Zestimate^® history

Owner options

List your home for rent

$1,510/mo

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$1,510/mo

Rent Zestimate^®

Refinance and save

$2,392/mo

Est. payment

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$2,392/mo

Est. payment

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What's special

New plumbing fixturesUpgraded carpetStainless steel appliance packageQuartz countertopsNew lvp flooring

Welcome home to a great property close to downtown, parks, schools and shopping. Live in one side and rent the other or turn this into your own cash cow as your next investment property. This newly remodeled duplex is ready to rent. Each unit has two bedrooms and one full bathroom. The bathrooms have been fully remodeled with new plumbing fixtures, tile surround, vanities and flooring. The kitchens also are new complete with new cabinetry, a stainless steel appliance package and quartz countertops. New interior and exterior paint, new LVP flooring and upgraded carpet. Each unit also has a new furnace and new or newer water heater. This is a turn key investment property ready for your tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

None

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry: Electric Hook-up

Interior area

Total structure area: 1,235
Total interior livable area: 1,235 sqft

Property

Parking

Total spaces: 6

Lot

Size: 7,492 sqft

Details

Parcel number: 6420204019

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Alum/Vinyl/Steel, Framed on Lot
Foundation: Crawl Space
Roof: Composite Shingle

Condition

Existing
New construction: No
Year built: 1952

Utilities & green energy

Water: Municipal
Utilities for property: Electricity Connected, Natural Gas Connected

Community & neighborhood

Location

Region: Colorado Springs

Other

Other facts

Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
5/21/2026	Sold	$425,000-5.6%$344/sqft
Source: elevateMLS #3891322 Report a problem
5/1/2026	Pending sale	$450,000$364/sqft
Source: elevateMLS #3891322 Report a problem
2/27/2026	Price change	$450,000-3.2%$364/sqft
Source: elevateMLS #3891322 Report a problem
1/12/2026	Listed for sale	$465,000+62%$377/sqft
Source: elevateMLS #3891322 Report a problem
6/30/2025	Sold	$287,000+6.3%$232/sqft
Source: Public Record Report a problem
8/28/2024	Sold	$270,000-26%$219/sqft
Source: Public Record Report a problem
3/29/2024	Listing removed	--
Source: elevateMLS #9340298 Report a problem
3/11/2024	Listed for sale	$365,000+2079.1%$296/sqft
Source: elevateMLS #9340298 Report a problem
8/23/2000	Sold	$16,750$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$941 +14.8%	$23,050
2023	$820 -9.8%	$23,050 +57.2%
2022	$910	$14,660 -4.9%
2021	--	$15,420 +26.7%
2020	$826 +0.5%	$12,170
2019	$822 +30.6%	$12,170 +34.5%
2018	$629 -5.3%	$9,050
2017	$664 +5.6%	$9,050 +3.7%
2016	$629	$8,730 +8%
2014	--	$8,080