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For sale
    • Price cut: $15K (2/27)
    $450,000

    740 E Rio Grande St, Colorado Springs, CO 80903

    4beds
    2baths
    1,235sqft
    : 
    Duplex
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $364/sqft
    $-- HOA

    What's special

    New plumbing fixturesUpgraded carpetStainless steel appliance packageQuartz countertopsNew lvp flooring
    Welcome home to a great property close to downtown, parks, schools and shopping. Live in one side and rent the other or turn this into your own cash cow as your next investment property. This newly remodeled duplex is ready to rent. Each unit has two bedrooms and one full bathroom. The bathrooms have been fully remodeled with new plumbing fixtures, tile surround, vanities and flooring. The kitchens also are new complete with new cabinetry, a stainless steel appliance package and quartz countertops. New interior and exterior paint, new LVP flooring and upgraded carpet. Each unit also has a new furnace and new or newer water heater. This is a turn key investment property ready for your tenants.
    68 days
    |
    461
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2026 at 08:06am

    Listed by:

    Travis Cottle 720-313-3713,

    Stoney Creek Properties

    Source: elevateMLS,MLS#: 3891322MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
      • Laundry: Electric Hook-up
      Interior area
      • Total structure area: 1,235
      • Total interior livable area: 1,235 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      Lot
      • Size: 7,492.32 Square Feet
      Details
      • Parcel number: 6420204019

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Alum/Vinyl/Steel, 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: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $364/sqft
      • Tax assessed value: $53,876
      • Annual tax amount: $1,042
      • Date on market: 1/12/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/27/2026Price change$450,000-3.2%$364/sqft
        Source: elevateMLS #3891322 Report a problem
        1/12/2026Listed for sale$465,000+62%$377/sqft
        Source: elevateMLS #3891322 Report a problem
        6/30/2025Sold$287,000+6.3%$232/sqft
        Source: Public Record Report a problem
        8/28/2024Sold$270,000-26%$219/sqft
        Source: Public Record Report a problem
        3/29/2024Listing removed--
        Source: elevateMLS #9340298 Report a problem
        3/11/2024Listed for sale$365,000+2079.1%$296/sqft
        Source: elevateMLS #9340298 Report a problem
        8/23/2000Sold$16,750$14/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$941 +14.8%$23,050
        2023$820 -9.8%$23,050 +57.2%
        2022$910 $14,660 -4.9%
        2021-- $15,420 +26.7%
        2020$826 +0.5%$12,170
        2019$822 +30.6%$12,170 +34.5%
        2018$629 -5.3%$9,050
        2017$664 +5.6%$9,050 +3.7%
        2016$629 $8,730 +8%
        2014-- $8,080

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,365/mo
        Principal & interest
        $2196
        Property taxes
        $169
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          Climate risks

          Neighborhood: Central Colorado Springs

          Getting around

          52 / 100
          Somewhat Walkable
          45 / 100
          Some Transit
          66 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Colorado Springs 11

          Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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