1002 E Rio Grande Street, Colorado Springs, CO 80903 - Photo 1

1/1

$685,000

Sold
Closed
Multi-Family
7 Total Beds

1/1

Property Description

Great house hacking or investment opportunity right outside of downtown Colorado Springs. Each unit has granite countertops, luxury vinyl flooring, washer/dryer hook ups and spacious layouts. The main home square footage has more livable space than what is reflected on the tax roll - front unit is a 2 bed/1 bath, back unit is a 2 bed/2 bath with finished attic space, and the basement is a large 2 bed/1 bath with 9 foot ceilings. The detached carriage house is a 1 bed/1 bath with access to its own yard. Updated in 2021 with new electrical, plumbing, HVAC, windows and roofing - this property has had the major items taken care of. Tenant occupied - no showings until offer is accepted. Please do not bother the tenants.

Full Property Details

Full Property Details for 1002 E Rio Grande St

General

Sold For: $685,000
Taxes: $1,877 (2023)
Status: Closed
Type: Multi-Family
Source: MetroList_Colorado
MLS ID: 6326277
Added to Site: 335 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5

Bedrooms

Total Bedrooms: 7

Parking

Total Spaces: 2

Location

County: El Paso
Subdivision: Downtown

School Information

Elem School District: Colorado Springs 11
Midd School District: Colorado Springs 11
High School District: Colorado Springs 11
Elementary School: Hunt
Middle School: North
High School: Palmer

Community

Pets Allowed: Yes

Heating & Cooling

Cooling Type: Room Air Conditioning
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Structure Type: Quadruplex
Construction: Frame, Vinyl Siding
Basement: Yes
Basement Desc.: Finished, Full
Roof: Composition
Square Feet: 3,876
Sq. Ft. Source: Listor Measured
Living Area: 3,876 Sq. Ft.
Year Built: 1948

Lot Features

Zoning: R2

Financial Considerations

Operating Expenses: Insurance, Maintenance, Real Estate Tax, Utilities
Tax Amount: $1,877
Tax Year: 2023
Terms: Conventional, FHA, USDA Loan, VA Loan
Owner Pays: Electricity, Gas, Insurance, Taxes, Water

Disclosures and Reports

Ownership: Corporation/Trust
Special Conditions: None
Legal Description: LOT 1 BLK 5 CHEYENNE ADD COLO SPGS
Exclusions: tenants personal property
Property ID: 64202-01-010

Listed by 7281 Real Estate
Sold by Non Mls Participant

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Listing agent

— 1002 E Rio Grande St —

7281 Real Estate

Shawn@7281re.com,720-334-1034

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Schools

Schools serving 1002 E Rio Grande St

School District:Colorado Springs School District 11

Name	Grades	Distance
Hunt Elementary School 2101 Manitoba Drive, Colorado Springs, CO 80910	PK-5	0.9 mi
North Middle School 612 East Yampa Street, Colorado Springs, CO 80903	6-8	1.7 mi
Palmer High School 301 North Nevada Avenue, Colorado Springs, CO 80903	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

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16.28
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3
Beds
2
Total Baths
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New to Website

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Single Family
Active
Updated 5 days ago

2
Beds
1
Total Bath
817
Sq. Ft.
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$399,000

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Active
Updated 13 hours ago

3
Beds
2
Total Baths
1,294
Sq. Ft.
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$409,900

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Single Family
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,300
Sq. Ft.
MLS # 4463945

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Price Reduced

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$514,999

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Single Family
Active
Updated 2 days ago

4
Beds
3
Total Baths
2,015
Sq. Ft.
MLS # 1129963

Listed by Remax Properties

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Price Reduced

-$100,000 (-14.29%)

$600,000

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Single Family
Active
Updated 2 days ago

2
Beds
1
Total Bath
837
Sq. Ft.
MLS # 5397609

Listed by Pink Realty Inc

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Price Reduced

-$5,000 (-1.29%)

$384,000

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Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,464
Sq. Ft.
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Sold

$599,000

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Single Family
Closed

4
Beds
3
Total Baths
2,204
Sq. Ft.
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Sold

$625,000

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Single Family
Closed

3
Beds
2
Total Baths
1,645
Sq. Ft.
MLS # 4965242

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Sold

$735,000

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Single Family
Closed

5
Beds
3
Total Baths
2,947
Sq. Ft.
MLS # 5481019

Listed by eXp Realty, LLC
Sold by The Cutting Edge

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Sold

$610,000

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Single Family
Closed

3
Beds
2
Total Baths
2,012
Sq. Ft.
MLS # 6614102

Listed by Walston Group Real Estate
Sold by Non Mls Participant

1002 E Rio Grande Street, Colorado Springs, CO 80903 (MLS# 6326277) is a Multi-Family property that was sold at $685,000 on March 28, 2025. Want to learn more about 1002 E Rio Grande Street? Do you have questions about finding other Multi-Family real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.

1002 E Rio Grande St Colorado Springs, CO 80903