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$975,000

12 Monroe Street, Colorado Springs CO, 80907

Built in1951
Property typeResidential
Listed by Matthew Orsillo, Better Homes and Gardens Real Estate Kenney & Company Listing Contact: 719-550-1515

Overview

Under contract

Listed May 11, 2026

Updated Jul 16

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

$6,487/mo

Est. mortgage payment based on a $975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,575
Tax Frequency
Annually
MLS provider logo

Listed by Matthew Orsillo, Better Homes and Gardens Real Estate Kenney & Company

Listing Contact: 719-550-1515

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

Data Last Updated: 7/16/2026

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