Residential Income · Active
Monument, CO 80132
$405,000
Residential Income
Property Type
0.09 acres
Lot Size
1996
Year Built
1421917
MLS #
About This Property
INVESTOR OPPORTUNITY WITH IMMEDIATE INCOME! This well-maintained two-story townhome on the WEST side of the duplex in desirable Monument offers a proven rental history and a lease in place through February 2027, providing immediate, dependable rental income! The functional floor plan features three bedrooms, 2.5 bathrooms, a one-car garage, and a private fenced backyard. Located on a quiet cul-de-sac and backing to open space, the property enjoys beautiful mountain views and desirable features that help support long-term tenant appeal and rental demand.
Recent improvements include new exterior paint in 2026, a new roof in 2024, new LVP flooring on all of main level (except kitchen which has tile flooring) and a new dishwasher in 2023, new interior paint in 2022 and new water heater in 2021. Tenants pay electric, gas, and trash, while the owner pays water and sewer as required by the Town of Monument. No HOA fees mean fewer recurring expenses, greater flexibility, and fewer restrictions for the owner. Conveniently located near restaurants, shopping, Palmer Lake, Monument community events, the Air Force Academy’s Northgate entrance, and I-25, with easy access to both Colorado Springs and Denver. An attractive income-producing investment with a long-term lease, desirable location, valuable updates and strong rental appeal!
84 days on market
Listed by Chrissy Adsit CNE GRI & Beth Szucs · Better Homes and Gardens Real Estate Kenney & Company · 719-550-1515
Property Details
| Property Type | Residential Income |
| Status | Active |
| MLS # | 1421917 |
| Days on Market | 84 |
| Year Built | 1996 |
| Lot Size (Sq Ft) | 3,718 |
| Acres | 0.0854 |
| Annual Taxes | $2,874 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Forced Air |
| Cooling | Ceiling Fan(s) |
| Fireplace Features | Gas, Main Level, One |
| Appliances | Dishwasher, Oven, Range, Refrigerator |
| Roof | Composite Shingle |
| Basement | Crawl Space |
| Construction | Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 11/12/2026 |
Price change Source: elevateMLS #1421917 |
$405,000 -3.3% |
| 8/20/2026 |
Listed for sale Source: elevateMLS #1421917 |
$419,000 +30.9% |
| 9/30/2020 |
Sold Source: elevateMLS #4849690 |
$320,000 +1.6% |
| 8/28/2020 |
Listed for sale Source: elevateMLS #4849690 |
$315,000 +87.5% |
| 11/27/2013 |
Sold Source: elevateMLS #724636 |
$168,000 -4.0% |
| 10/8/2013 |
Listed for sale Source: elevateMLS #724636 |
$175,000 +10.1% |
| 1/9/2012 |
Sold Source: elevateMLS #654501 |
$159,000 -3.6% |
| 8/3/2010 |
Listed for sale Source: elevateMLS #654501 |
$165,000 |
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