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$345,000
Property Description
Updated, well-maintained, and truly rent-ready, this Cañon City duplex offers a strong investment opportunity on a convenient corner lot near Greenwood Avenue and 3rd Street. The property features approximately 2,016 square feet of total living space, a two-car garage, and a practical two-unit layout, believed to consist of two bedrooms and one bathroom per unit. Whether you're an investor, owner-occupant, or buyer seeking a house-hack opportunity, this property offers flexibility and long-term potential. Extensive updates have been completed with the goal of creating a durable, low-maintenance rental asset. The result is a clean and functional duplex that shows exceptionally well and is ready for immediate occupancy. Each unit offers comfortable living spaces, updated finishes, and an overall low-maintenance feel, while retaining select original features, including some windows and fiberglass shower surrounds. The property also presents multiple income opportunities. Previous ownership utilized one unit as a long-term rental and the other as a short-term rental, demonstrating the potential for a hybrid investment strategy. Buyers may choose to continue a combination of traditional and furnished rentals, and with the addition of amenities such as a hot tub or enhanced outdoor spaces, there may be further short-term rental potential. Conveniently located near downtown Cañon City, schools, shopping, restaurants, and everyday services, this duplex benefits from a desirable location with consistent rental demand. Whether you're expanding your investment portfolio, seeking a turnkey multifamily property, or exploring flexible rental strategies, this property represents a compelling opportunity in the Cañon City market.
Full Property Details
Full Property Details for 228 Greenwood Ave
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General
- Price: $345,000
- Taxes: $1,782 (2025)
- Status: Active
- Type: Duplex
- Source: MetroList_Colorado
- MLS ID: 1586996
- Updated: 7/4/2026
- Added to Site: 7 day(s) ago
Interior
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 2
Parking
- Total Spaces: 2
- Parking Features: Concrete
Location
- County: Fremont
- Subdivision: Canon City
- Driving Directions: From Highway 50 and 3rd street. Head north on 3rd street. Property is on the corner of greenwood and 3rd. Look for sign.
School Information
- Elem School District: Canon City RE-1
- Midd School District: Canon City RE-1
- High School District: Canon City RE-1
- Elementary School: Washington
- Middle School: Harrison
- High School: Canon City
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Construction: Frame, Wood Siding
- Basement Desc.: Crawl Space
- Roof: Composition
- Square Feet: 2,016
- Sq. Ft. Source: Public Records
- Living Area: 2,016 Sq. Ft.
- Year Built: 1979
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $1,782
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: SUBD: CANON CITY N 63 FT OF LOTS 15 & 16 BLK 20 CANON CITY
- Exclusions: Seller Personal Property
- Property ID: 11025410
Listed by Century 21 Community First
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Schools
Schools serving 228 Greenwood Ave
School District:Caã?±On City School District Re-1
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Cañon City, CO 606 North 9th Street, Cañon City, CO 81212 | K-5 | 0.6 mi |
Canon City Middle School 1215 Main Street, Cañon City, CO 81212 | 6-8 | 0.8 mi |
Canon City High School 1313 College, Cañon City, CO 81212 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 228 Greenwood Ave
Date
Details
Price
Change
Source
3/01/2023
Sold
$285,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 228 Greenwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,782
30%
$20,545
7%
2024
$1,368
4%
$19,132
24%
2023
$1,321
-8%
$15,447
-6%
2022
$1,429
-2%
$16,466
-5%
2021
$1,464
55%
$17,314
54%
2020
$946
1%
$11,260
—
2019
$934
-4%
$11,260
-2%
2018
$977
7%
$11,485
—
2017
$910
-2%
$11,485
-9%
2016
$924
—
$12,620
—
2015
$922
1%
$12,620
3%
2014
$909
6%
$12,290
—
2013
$854
-6%
$12,290
-5%
2012
$904
—
$13,004
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 228 Greenwood Ave
228 Greenwood Avenue, Canon City, CO 81212 (MLS# 1586996) is a Duplex property with 4 bedrooms and 2 full bathrooms. 228 Greenwood Avenue is currently listed for $345,000 and was received on July 04, 2026. Want to learn more about 228 Greenwood Avenue? Do you have questions about finding other Duplex real estate for sale in Canon City? You can browse all Canon City real estate or contact a Coldwell Banker agent to request more information.
