Residential Income · Active
Monument, CO 80132
$395,000
Residential Income
Property Type
0.1 acres
Lot Size
1996
Year Built
7638161
MLS #
About This Property
INVESTOR OPPORTUNITY WITH IMMEDIATE INCOME! This well-maintained two-story townhome, located on the EAST side of the duplex in desirable Monument, offers a strong rental history and a lease already in place through March 2027, providing dependable income from day one!
The functional floor plan features three bedrooms, 2.5 bathrooms, a one-car garage, and a private fenced backyard! Situated on a quiet cul-de-sac and backing to open space, the property enjoys beautiful mountain views—desirable features that support long-term tenant appeal and rental demand. Recent improvements include new exterior paint, a new roof in 2024, a new garage door, a new over-the-range microwave and new flooring in the kitchen, main-level half bath, and hallway! 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, added flexibility, and fewer restrictions!
Conveniently located near restaurants, shopping, Palmer Lake, Monument community events, the Air Force Academy’s Northgate entrance, with quick access to I-25 for an easy commute to both Colorado Springs and Denver! A well-positioned, income-producing property with strong rental appeal, valuable updates, and a long-term lease already in place!
98 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 # | 7638161 |
| Days on Market | 98 |
| Year Built | 1996 |
| Lot Size (Sq Ft) | 4,307 |
| Acres | 0.0989 |
| Annual Taxes | $2,130 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Forced Air |
| Cooling | Ceiling Fan(s) |
| Fireplace Features | Gas, Main Level, One |
| Appliances | Dishwasher, Microwave, Range |
| 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 |
|---|---|---|
| 11/11/2026 |
Price change Source: elevateMLS #7638161 |
$395,000 -1.0% |
| 8/5/2026 |
Listed for sale Source: elevateMLS #7638161 |
$399,000 +33.0% |
| 3/16/2020 |
Sold Source: elevateMLS #8285576 |
$300,000 |
| 2/9/2020 |
Listed for sale Source: elevateMLS #8285576 |
$300,000 +16.7% |
| 5/3/2017 |
Sold Source: elevateMLS #8764143 |
$257,000 +7.1% |
| 3/31/2017 |
Listed for sale Source: elevateMLS #8764143 |
$240,000 +11.1% |
| 9/16/2016 |
Sold Source: elevateMLS #2144480 |
$216,000 +8.1% |
| 8/10/2016 |
Listed for sale Source: elevateMLS #2144480 |
$199,900 |
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