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$450,000
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Property Description
Income-Producing Duplex in a Prime Central Location Opportunity meets location with this centrally located duplex, perfectly positioned near Palmer Park and Mitchell High School-offering convenience, strong rental appeal, and consistent income potential. Both units are currently rented, providing immediate cash flow from day one. Each unit features a well-designed 2-bedroom, 1-bath layout, complete with private garage stall, in-unit washer and dryer, and direct access to the backyard-amenities today's renters actively seek. Inside, you'll find spacious kitchens and dining areas, large bedrooms with generous closets, and abundant natural light throughout. Thoughtful upgrades include updated double-pane vinyl windows and recent renovations in both units, enhancing both comfort and long-term value. This property is built for efficiency and flexibility, with separate metering for water, electric, and gas-simplifying management and maximizing returns. A roof replacement in 2018 adds further peace of mind. Whether you're expanding your portfolio or securing a smart first investment, this duplex delivers location, stability, and upside in one compelling package. Don't miss your chance to own a high-performing asset in a high-demand area.
Full Property Details
Full Property Details for 1309 Tappan Cir
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General
- Sold For: $450,000
- Taxes: $1,315 (2024)
- Status: Closed
- Type: Duplex
- Source: MetroList_Colorado
- MLS ID: 7913789
- Added to Site: 186 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Exterior Access Door
Location
- County: El Paso
- Subdivision: Austin Estates
- Driving Directions: From Palmer Park Blvd, head south on N Murray Blvd, then turn W on E San Miguel St. Turn north on Tappan Cir. and the property will be on your right (to the east).
- Direction Faces: West
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Madison
- Middle School: Swigert
- High School: Mitchell
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Natural Gas
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Structural Information
- Structure Type: Duplex
- Construction: Frame, Wood Siding
- Roof: Composition
- Common Walls: Something Above, Something Below
- Entry Location: Stairs
- Square Feet: 1,867
- Sq. Ft. Source: Public Records
- Living Area: 1,867 Sq. Ft.
- Year Built: 1965
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,400
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Landscaped, Level
- Zoning: R-2 AO APZ
- Fencing (Description): Partial
Financial Considerations
- Lease Price: $3,000
- Tax Amount: $1,315
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, Qualified Assumption, USDA Loan, VA Loan
- Owner Pays: Exterior Maintenance, Taxes, Water
- Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 24 BLK 2 AUSTIN ESTATES SUB 5 FIL 2
- Exclusions: Tenants' personal property
- Property ID: 64112-03-014
Listed by Resident Realty North Metro LLC
Sold by Non Mls Participant
Listing agent
— 1309 Tappan Cir —
Resident Realty North Metro LLC
craig@craigalangroup.com,719-250-4974
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1309 Tappan Cir
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Colorado Springs, CO 4120 Constitution Avenue, Colorado Springs, CO 80909 | PK-5 | 0.8 mi |
Sabin Middle School 3605 North Carefree Circle, Colorado Springs, CO 80917 | 6-8 | 2.1 mi |
Mitchell High School 1205 Potter Drive, Colorado Springs, CO 80909 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
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1309 Tappan Circle, Colorado Springs, CO 80909 (MLS# 7913789) is a Duplex property that was sold at $450,000 on September 14, 2026. Want to learn more about 1309 Tappan Circle? Do you have questions about finding other Duplex 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.