Recently remodeled duplex with stucco exterior offering a strong investment or owner-occupant opportunity. One unit features 3 bedrooms (1 bedroom is non-conforming) and 2 baths, while the second unit offers 2 bedrooms and 1 bath. Both units include in-unit washer and dryer, large private driveways, and access to a spacious shed with separate storage areas. Each unit has a separately fenced backyard and enjoys stunning mountain views. Located close to downtown with a solid rental history. The 2-bedroom unit is currently vacant, providing the option to live in one unit and rent the other. A versatile investment with the opportunity for immediate rental income and long-term appreciation.
For sale
Price cut: $10K (2/10)
$449,000
734 E Rio Grande St, Colorado Springs, CO 80903
5beds
3baths
1,547sqft
Est.:
Duplex
Built in 1952
-- sqft lot
$-- Zestimate®
$290/sqft
$-- HOA
What's special
Separately fenced backyardStunning mountain viewsLarge private drivewaysIn-unit washer and dryerStucco exterior
- 53 days |
- 619 |
- 49 |
Zillow last checked: 7 hours ago
Listing updated: February 10, 2026 at 04:12am
Listed by:
Lee Frahm 719-660-7775,
Stone River Realty, LLC
Source: Pikes Peak MLS,MLS#: 1600356
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: 220v in Kitchen, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Electric Hook-up
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,547
- Total interior livable area: 1,547 sqft
Property
Parking
- Total spaces: 4
Features
- Fencing: Back Yard
Lot
- Size: 7,435.69 Square Feet
Details
- Parcel number: 6420204018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stucco, Framed on Lot
- Foundation: Crawl Space
- Roof: Composite Shingle
Condition
- Existing
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $53,314
- Annual tax amount: $1,320
- Date on market: 1/15/2026
- Listing terms: Cash,Conventional,Owner Will Carry
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Price change | $449,000-2.2%$290/sqft |
Source:  Pikes Peak MLS #1600356 Report a problem | ||
| 1/15/2026 | Listed for sale | $459,000-10.7%$297/sqft |
Source: Pikes Peak MLS #1600356 Report a problem | ||
| 12/30/2025 | Listing removed | $1,485$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2025 | Listed for rent | $1,485$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/6/2024 | Price change | $1,485-5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/17/2023 | Price change | $1,575-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2023 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Listing removed | -- |
Source: Pikes Peak MLS #8613455 Report a problem | ||
| 11/30/2023 | Price change | $514,000-2.5%$332/sqft |
Source: Pikes Peak MLS #8613455 Report a problem | ||
| 11/11/2023 | Listed for sale | $527,000+7.8%$341/sqft |
Source: Pikes Peak MLS #8613455 Report a problem | ||
| 9/22/2022 | Listing removed | -- |
Source: Pikes Peak MLS #4994623 Report a problem | ||
| 7/8/2022 | Price change | $489,000-2%$316/sqft |
Source: Pikes Peak MLS #4994623 Report a problem | ||
| 6/17/2022 | Listed for sale | $499,000$323/sqft |
Source: Pikes Peak MLS #4994623 Report a problem | ||
| 6/6/2022 | Listing removed | -- |
Source: Pikes Peak MLS #4994623 Report a problem | ||
| 5/19/2022 | Listed for sale | $499,000+51.6%$323/sqft |
Source: Pikes Peak MLS #4994623 Report a problem | ||
| 3/24/2021 | Sold | $329,059+19.7%$213/sqft |
Source: Public Record Report a problem | ||
| 3/9/2021 | Pending sale | $275,000$178/sqft |
Source: RE/MAX Real Estate Group #9296119 Report a problem | ||
| 3/6/2021 | Listed for sale | $275,000$178/sqft |
Source: RE/MAX Real Estate Group #9296119 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,207 +22.2% | $28,100 |
| 2023 | $988 -9.8% | $28,100 +59.1% |
| 2022 | $1,096 | $17,660 -4.9% |
| 2021 | -- | $18,570 +26.7% |
| 2020 | $995 +96.3% | $14,660 |
| 2019 | $507 +33.6% | $14,660 +34.9% |
| 2018 | $379 -5.3% | $10,870 |
| 2017 | $401 +5.6% | $10,870 +3% |
| 2016 | $379 +23.3% | $10,550 |
| 2015 | $308 +4% | $10,550 +8% |
| 2014 | $296 | $9,770 |
| 2013 | -- | -- |
| 2012 | -- | $9,760 |
| 2011 | $593 | $9,760 -2.9% |
| 2010 | -- | $10,050 +0.4% |
| 2009 | -- | $10,010 -7.3% |
| 2008 | -- | $10,800 |
| 2006 | -- | $10,800 +24.4% |
| 2004 | -- | $8,680 |
| 2003 | $284 -48.1% | $8,680 -13% |
| 2002 | $547 -3.6% | $9,980 +2% |
| 2001 | $568 | $9,780 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,317/mo
Principal & interest
$2149
Property taxes
$168
Climate risks
Neighborhood: Central Colorado Springs
Nearby schools
GreatSchools rating
- 1/10Hunt Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10North Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Palmer High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Colorado Springs 11
Source: Pikes Peak MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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