Last Sold Price
4 beds3 baths2,556 sqft$184/sqft
116 W Cheyenne Rd, Colorado Springs, CO 80906

Description

Great investment opportunity near the desirable Ivywild area. Unit A is 2 bedrooms, 1 bathroom upstairs and a finished basement area with an additional bath. Unit B is 2 bedrooms, 1 bathroom with the basement area. Both units have a 1 car garage and mudroom for in unit washer/dryer. Both units are occupied long term.Great investment opportunity near the desirable Ivywild area. Unit A is 2 bedrooms, 1 bathroom upstairs and a finished basement area with an additional bath. Unit B is 2 bedrooms, 1 bathroom with the basement area. Both units have a 1 car garage and mudroom for in unit washer/dryer. Both units are occupied long term.
LISTING CLOSED: 06/11/2025 10:00 PM

  1. Listed by Blaze Panariso MRP PPRES • RE/MAX Real Estate Group LLC
    P: (719) 424-0311 blaze@panarisorealestate.com

Property Details for 116 West Cheyenne Road

Status
MLS #
2469009
Days on Compass
50
Taxes
$1,523 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Income / Duplex
Year Built
1995
Lot Size
0.18 AC / 7,810 SF
Zoning
R2

Recent comparable sales

Median sold price

$500,000

Avg days on market

55

Sale-to-list ratio

94.3%

Colorado Springs, CO

9 comparable properties found

a front view of a house with garden
1/29
1

$417,000

Sold 11/05/25

4
Bedrooms
2,597
Square Feet
0.38
Acres
a front view of a house with garden
1/45
2

$500,000

Sold 02/19/25

4
Bedrooms
2,360
Square Feet
0.15
Acres
$460,000 | 2998 Westcliff Circle, Colorado Springs, CO 80906
1/43
3

$460,000

Sold 06/30/26

4
Bedrooms
2,584
Square Feet
0.21
Acres
$459,000 | 1713 Arbor Way, Colorado Springs, CO 80905
1/32
4

$459,000

Sold 05/29/26

4
Bedrooms
2,143
Square Feet
0.19
Acres
$565,000 | 1169 Beacon Hill Way, Colorado Springs, CO 80905
1/50
5

$565,000

Sold 10/20/25

4
Bedrooms
2,281
Square Feet
0.15
Acres
a front view of a house with a tree
1/45
6

$536,000

Sold 04/13/26

4
Bedrooms
2,876
Square Feet
0.04
Acres
$450,000 | 1334 East Parkway Drive, Colorado Springs, CO 80905
1/33
7

$450,000

Sold 05/21/25

4
Bedrooms
2,171
Square Feet
Unavailable
Acres
$550,000 | 1007 Sun Drive, Colorado Springs, CO 80905
1/51
8

$550,000

Sold 05/15/26

4
Bedrooms
2,812
Square Feet
0.35
Acres
$568,500 | 875 Redemption Point, Colorado Springs, CO 80905
1/39
9

$568,500

Sold 10/10/24

4
Bedrooms
2,603
Square Feet
0.10
Acres

Location

Listing Courtesy of RE/MAX Real Estate Group LLC, Blaze Panariso MRP PPRES

Sold By Acquire Homes Inc, Rachel Anne Pugia

Add your commute

Building Information for 116 West Cheyenne Road

Stories-Residences2Year Built1995Building Size-Lot Size0.18 AC / 7,810 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,516 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,389

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 116 West Cheyenne Road

Summary
Location and General Information
  • Zoning Entity: Colorado Springs
  • Directions: From S Nevada head west on W Cheyenne Road. Property is on the north side of the street and sits behind 118 W Cheyenne Road down a long driveway. Consider parking on W Cheyenne Rd as driveway has tenant vehicles
  • Latitude: 38.806911
  • Longitude: -104.830058
Taxes and HOA
  • Parcel Number: 6430215042
  • Tax Annual Amount: $1,523
  • Tax Year: 2023
School Information
  • High School District: Colorado Springs 11
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Lot Size: 7810.0
  • Lot Size Units: Sq Ft
  • Lot Size Acres: 0.1793
  • Lot Size Square Feet: 7810.0
Property and Assessments
  • Living Area Source: Assessor Records
  • Year Built: 1995
Building Features
  • Structure Type: Framed on Lot
Utilities
  • Has Well Permit: No
  • Sewer: Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Telephone
  • Water Source: Municipal
Interior and Exterior Features
Exterior Features
  • Siding: Wood
  • Fencing: Rear
  • Roof: Composite Shingle
Interior Features
  • Appliances: 220v in Kitchen, Dishwasher, Range, Refrigerator
  • Basement: Crawl Space, Partial Basement
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Electric Hook-up
Multi Family
Multi Family Information
  • Unit Count: 2
  • Unit Total Baths: 3
  • Unit Total Beds: 4
  • Unit Total Num Garage: 2
  • Unit Total Occupied: 2
  • Unit Total Sqft: 2556
  • Number Of Units Total: 2
Income & Expenses
  • Gross Rental Multiplier: 171
Rental
Rent Information
  • Total Actual Rent: $2,745.00

Property History for 116 West Cheyenne Road

DateEvent & SourcePriceAppreciation
Jun 11, 2025

Sold

Pikes Peak REALTOR Services (elevatedMLS) #2469009

$470,000
Jun 11, 2025

Sold (Public Record)

Public Record #1563268939

$470,000
May 14, 2025

Pending

Pikes Peak REALTOR Services (elevatedMLS) #2469009

DateEvent & SourcePrice
06/11/2025

Sold

Pikes Peak REALTOR Services (elevatedMLS) #2469009

$470,000
06/11/2025

Sold (Public Record)

Public Record #1563268939

$470,000
05/14/2025

Pending

Pikes Peak REALTOR Services (elevatedMLS) #2469009

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 West Cheyenne Road

Taxable ValueLand$5,510Additions$24,920Total$30,430
Tax Record2025$1,505 ($125 / month)
Home Facts
Total Finished SqFt2,126 SqFtAbove Grade Finished SqFt2,126 SqFtStories2Lot Size7,810 SqFtStyleDuplexYear Built1995ZoningPUD R2CountyEL PASOAPN6430215042

Schools near 116 West Cheyenne Road

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hunt Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Palmer High School
Public9 to 12

Buena Vista Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 80906

$250,000 | 826 London Green Way, Colorado Springs, CO 80906
1/35

The Springs Team Real Estate Company • MLS #8555588

New

$250,000

2
Bedrooms
1,222
Square Feet
0.02
Acres
$895,000 | 29 Briarwood Place, Colorado Springs, CO 80906
1/43

Broadmoor Properties • MLS #9696850

New

$895,000

4
Bedrooms
3,636
Square Feet
0.49
Acres
$1,950,000 | 21 Leaming Road, Colorado Springs, CO 80906
1/48

The Platinum Group • MLS #4397671

New Construction

$1,950,000

5
Bedrooms
4,246
Square Feet
0.42
Acres
$249,000 | 921 London Green Way, Colorado Springs, CO 80906
1/32

There's No Place Like Home • MLS #2189852

Open: 9/6 01:00PM - 03:00PM

$249,000

2
Bedrooms
1,050
Square Feet
0.02
Acres
$415,000 | 1118 Maxwell Street, Colorado Springs, CO 80906
1/21

Code of the West Real Estate • MLS #1763555

$415,000

4
Bedrooms
1,666
Square Feet
0.22
Acres
$900,000 | 325 Altura Way, Colorado Springs, CO 80906
1/50

LIV Sotheby's International Realty CO Springs • MLS #5879791

$900,000

5
Bedrooms
3,454
Square Feet
0.42
Acres
$569,000 | 28 Woodbridge Drive, Colorado Springs, CO 80906
1/44

LIV Sotheby's International Realty CO Springs • MLS #5675311

New

$569,000

3
Bedrooms
2,340
Square Feet
0.03
Acres
$836,000 | 20 Lambrig Way, Colorado Springs, CO 80906
1/44

REMAX PROPERTIES • MLS #4110626

$836,000

4
Bedrooms
3,750
Square Feet
0.23
Acres
$1,150,000 | 274 Balmoral Way, Colorado Springs, CO 80906
1/49

REMAX PROPERTIES • MLS #7022004

$1,150,000

6
Bedrooms
4,520
Square Feet
0.42
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Group LLC, Blaze Panariso MRP PPRES

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.