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Backup Offers

514 N Wahsatch Ave, Colorado Springs, CO, 80903

$1,100,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Baths
Multi
Schools Nearby

Location

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514 N Wahsatch Ave, Colorado Springs$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1899
HeatingForced Air
CoolingCeiling Fan(s)
MLS #5355890
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 514 N Wahsatch Ave

This fully updated 5-plex is fully rented and has tons of potential! Located in the heart of Downtown Colorado Springs near Colorado College, downtown, and multiple hospitals, it's no surprise this property is so easy to rent out! The property also features a 4 car garage not currently being used or rented and can easily be used to for storage units or garage space for additional rental income. This is a turn key property with tons of upside. Property directly behind on Weber is also for sale making both properties 11 units total.

Property Details

Property Features

Property Information:

  • Year Built: 1899

Listing Office:

  • Office Name: ERA Shields Real Estate
  • Office Phone: (719) 593-1000
  • Listing Agent: Benjamin Kennedy SRES

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Virtual/3D Tour

  • Virtual Tour: 514 N Wahsatch Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Palmer High School, Public District Grades 9-12
  • North Middle School, Public District Grades 6-8
  • Taylor Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $1,324
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

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Colorado Springs, CO

City

Med. Sold Price

$464.8K

Med. Price/SqFt

$230

Avg. Days On Market

48

# of Sold Homes

189

514 N Wahsatch Ave vs Colorado Springs

57 DAYS ON ROCKET

+9 Days

$1,100,000

+$635.1K More

KEY TAKEAWAY

This property is $635.1K more than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #5355890

Listing Office:

  • Office Name: ERA Shields Real Estate
  • Office Phone: (719) 593-1000
  • Listing Agent: Benjamin Kennedy SRES

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2013Home Sold
$237,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,324$19,500
2019$1,201$19,500
2018$1,138$16,370
2017$1,049$16,370

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1549537
9
/10

  • Taylor Elementary School

  • 900 E Buena Ventura St

  • 1.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1549538
5
/10

  • North Middle School

  • 612 E Yampa St

  • 0.54 miles

  • Public District Grades 6-8

High School

school-card-donut-1549539
4
/10

  • Palmer High School

  • 301 N Nevada Ave

  • 0.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,938. The most common annual income of people living in Colorado Springs, CO is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Colorado›El Paso County›Colorado Springs›80903›514 N Wahsatch Ave

This home is located at 514 N Wahsatch Ave in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This home, which was built in 1899, sits on a 0.22 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,100,000.

While more than 51 listings in Colorado Springs, CO in March 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 89 were sold below. In March 2024 in Colorado Springs, CO there were 42.9% more homes for sale than in February 2024. While the average time on the market in March 2024 was 48 days, the median list price was $464,807.

From Rocket Homes Real Estate and based on county public records data.

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