REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jose Vazquez

jose@coprimehomes.com +1(719) 291-5608

$ 650,000

Est. payment -/mo

Save

Open Sun 1PM-3PM

1510 Crestone AVE Colorado Springs, CO 80905

8,000 Sqft Lot

Open House

Sun Apr 26, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3789842

Construction Status Existing

HOA Y/N No

Year Built 1963

Annual Tax Amount $1,894

Tax Year 2025

Lot Size 8,000 Sqft

Property Sub-Type Triplex

Property Description

One of the most versatile income-producing properties in Colorado Springs with 5 years of strong rental history and multiple ways to make money. This Ivywild triplex has been successfully operated as a short-term, medium-term, and long-term rental—giving you the flexibility to pivot strategies as the market changes. Live in one unit and rent the others, or keep it fully investment-focused. The property features an oversized 2-car garage with a built-in grease pit and attached heated storage space (previously used as a podcast studio), PLUS a separate standalone 1-car garage. Both garage spaces offer additional income potential and can be rented separately. R5 zoning offers future upside with the ability for additional units, like converting the garages into living space. Low property taxes and paid-off solar panels keep operating costs down and more money in your pocket. The upstairs unit is a fully furnished 2 bed/1 bath with a large laundry room & extra storage, currently rented as a medium-term rental. The downstairs unit, a 2 bed/2 bath, features a spacious primary suite with attached bath, a flex space perfect for an office or possible third bedroom, and in-unit laundry. This unit has fresh paint, new carpet, and updated tile in both bathrooms. The unit comes unfurnished and was operated as a long-term rental over the past year, but is now ready for its next tenant or owner. The studio unit comes fully furnished with 2 sleeping areas (including a loft kids love), full-size fridge, and 2-burner cooktop - it has been a proven short-term rental performer. All units are updated with modern finishes and granite countertops. But wait, there's more! Plenty of parking with 4 spots in the driveway plus 3 additional off-street spaces. Fully fenced backyard features low-maintenance xeriscaping and turf—perfect for keeping things simple and an outdoor space for pets. Turnkey, flexible, and packed with upside—this one checks all the boxes.

Location

State CO

County El Paso

Area Crestone Heights

Interior

Cooling Ceiling Fan(s), Wall Unit(s)

Fireplaces Number 1

Fireplaces Type Two

Laundry Electric Hook-up

Exterior

Garage Spaces 7.0

Fence Rear

Utilities Available Electricity Connected, Natural Gas Available, Solar

Roof Type Composite Shingle

Building

Foundation Full Basement, Walk Out

Water Municipal

Structure Type Framed on Lot

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Not Applicable

Unit 2

Sqft 1312

Beds 2

Baths 2

Garages 1

Rent Price 2000

Occupied N

Furnished N

Unit 1

Sqft 1092

Beds 2

Baths 1

Rent Price 2000

Occupied Y

Furnished Y

Unit 3

Sqft 440

Beds 2

Baths 1

Rent Price 1750

Occupied Y

Furnished Y

Listed by Amanda Schneider

Jose Vazquez

Broker Associate | License ID: FA.100102986

+1(719) 291-5608

Jose Vazquez

1510 Crestone AVE Colorado Springs, CO 80905

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

Unit 2

Unit 1

Unit 3

GET MORE INFORMATION

Go tour this home

1510 Crestone AVE