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Sold for $280,000
    • $280,000

    940 S Sierra Madre St, Colorado Springs, CO 80903

    4beds
    2baths
    1,568sqft
    Duplex
    Built in 1954
    -- sqft lot
    $274,600 Zestimate®
    $179/sqft
    $1,967 Estimated rent

    Home value

    $274,600

    $261,000 - $288,000

    $1,967/mo

    Zestimate® history
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    What's special

    Ample off-street parkingGenerously sized lot
    Fantastic opportunity for both owner-occupants and investors alike! This well-situated duplex sits just outside downtown on a generously sized lot with ample off-street parking. One unit is already rented, providing instant income from day one, while the second unit offers the option to live in or rent out for additional cash flow. With downtown’s continued growth, you’ll enjoy convenient access to new restaurants, Switchbacks Stadium, and quick connections to I-25 for easy travel north or south. In today’s challenging housing market, this property delivers a rare and affordable living solution with built-in investment potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Muldoon 719-491-1163,

    Muldoon Associates Inc

    Bought with:

    Non Member

    Non Member

    Source: elevateMLS,MLS#: 4977018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: None
    Interior area
    • Total structure area: 1,568
    • Total interior livable area: 1,568 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Fencing: None
    Lot
    • Size: 10,001 Square Feet
    Details
    • Parcel number: 6419206031

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Crawl Space
    • Roof: Composite Shingle
    Condition
    • Existing
    • New construction: No
    • Year built: 1954

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $250,097
    • Annual tax amount: $1,580
    • Date on market: 8/8/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/13/2025Sold$280,000-6.6%$179/sqft
    Source: elevateMLS #4977018 Report a problem
    10/4/2025Contingent$299,900$191/sqft
    Source: elevateMLS #4977018 Report a problem
    8/8/2025Listed for sale$299,900+99.9%$191/sqft
    Source: elevateMLS #4977018 Report a problem
    6/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/5/2024Price change$995-4.8%$1/sqft
    Source: Zillow Rentals Report a problem
    5/21/2024Price change$1,045-8.7%$1/sqft
    Source: Zillow Rentals Report a problem
    5/1/2024Price change$1,145-4.6%$1/sqft
    Source: Zillow Rentals Report a problem
    4/23/2024Listed for rent$1,200$1/sqft
    Source: Zillow Rentals Report a problem
    2/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/3/2023Listed for rent$1,200+60%$1/sqft
    Source: Zillow Rentals Report a problem
    11/19/2019Listing removed$750
    Source: A Cut Above Property Management Report a problem
    11/5/2019Listed for rent$750+30.4%
    Source: A Cut Above Property Management Report a problem
    11/5/2015Listing removed$575
    Source: A Cut Above Property Management Report a problem
    10/23/2015Listed for rent$575+4.5%
    Source: A Cut Above Property Management Report a problem
    1/1/2015Listing removed$150,000$96/sqft
    Source: Keller Williams Partners Realty #2458278 Report a problem
    5/10/2014Listed for sale$150,000+900%$96/sqft
    Source: Keller Williams Partners Realty #2458278 Report a problem
    4/8/2014Listing removed$550
    Source: A Cut Above Property Management Report a problem
    1/13/2014Listed for rent$550
    Source: A Cut Above Property Management Report a problem
    11/16/2013Listing removed$550
    Source: Zillow Rental Network Report a problem
    11/4/2013Listed for rent$550
    Source: A Cut Above Property Management Report a problem
    10/3/1995Sold$15,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$582 +14.2%$16,760
    2023$510 -9.8%$16,760 +84%
    2022$565 $9,110 -4.9%
    2021-- $9,580 +14.7%
    2020$842 +49.3%$8,350
    2019$564 +10.4%$8,350 +13.6%
    2018$511 -5.3%$7,350
    2017$539 +5.6%$7,350 +10.2%
    2016$511 +32.1%$6,670
    2015$387 +2%$6,670 +5.9%
    2014$379 $6,300
    2013-- --
    2012-- $6,300
    2011$399 $6,300 -6.9%
    2010-- $6,770
    2009-- $6,770 -2%
    2008-- $6,910
    2006-- $6,910 +23.2%
    2004-- $5,610
    2003$364 +3.7%$5,610 -12.3%
    2002$351 -0.4%$6,400 +5.4%
    2001$352 $6,070
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby homes

    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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    Estimated market value
    $274,600
    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
    $274,600

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