Sold
Last Sold Price
2 beds2 baths1,030 sqft
627 Alexander Rd, Colorado Springs, CO 80909
Multi FamilyProperty Type
0.12 acresLot Size
1927Year Built
$534/sq ftPrice per sq ft
2 carsParking Spaces

Description

Investment excellence awaits with this fully furnished and professionally managed duplex, tailored for short-term rentals with excellent STR rental income history. Each 1 bed, 1 bath unit spans 515 sq/ft and accommodates 4 guests, maximizing your rental potential. Private backyards, complete with hot tubs, fire pits, and BBQ grills, elevate the guest experience. The low-maintenance exterior, featuring turf and xeriscaped rock, ensures minimal upkeep. Recent upgrades include new electrical services,...Investment excellence awaits with this fully furnished and professionally managed duplex, tailored for short-term rentals with excellent STR rental income history. Each 1 bed, 1 bath unit spans 515 sq/ft and accommodates 4 guests, maximizing your rental potential. Private backyards, complete with hot tubs, fire pits, and BBQ grills, elevate the guest experience. The low-maintenance exterior, featuring turf and xeriscaped rock, ensures minimal upkeep. Recent upgrades include new electrical services, panels, wiring, plumbing, and a new roof, guaranteeing long-term durability. Units have been completely remodeled inside and offer low maintenance finishes and durability. Individual laundry in each unit adds a sought-after convenience. With new furnishings, fixtures, and supplies, this property offers a turnkey investment right away with bookings into next year. King-sized beds enhance guest satisfaction, while comprehensive inclusions simplify ownership. Seize the opportunity to own a fully occupied, fully managed, hassle-free investment property primed for success. Ask about how to obtain non owner occupied STR permits for this property.
  • Listed by: Charlie Peace 719.502.1827 charliepeacehomes@gmail.com • Equity Colorado Real Estate
Listing closed: 12/26/2023 10:00 PM • Source: Pikes Peak REALTOR Services (elevatedMLS), MLS#: 6800297

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Recent comparable sales

Median sold price

$415,000

Avg days on market

27

Sale-to-list ratio

96.0%

Colorado Springs, CO

9 comparable properties found

1

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2
Bedrooms
2
Bathrooms
1,067
Square Feet
0.18
Acres
$585,000 | 716 Arcadia Place, Colorado Springs, CO 80903
1/4
2

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Bedrooms
1,149
Square Feet
0.13
Acres
$393,000 | 502 North Royer Street, Colorado Springs, CO 80903
1/26
3

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Sold 05/01/26

2
Bedrooms
960
Square Feet
0.14
Acres
$453,000 | 1301 North El Paso Street, Colorado Springs, CO 80903
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4

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Acres
$395,000 | 1912 West Bijou Street, Colorado Springs, CO 80904
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Acres
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1/2
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Bedrooms
1,161
Square Feet
0.22
Acres
$280,000 | 320 May Drive, Colorado Springs, CO 80905
1/15
7

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Sold 10/01/25

2
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Square Feet
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Sold 05/06/25

2
Bedrooms
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9

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Sold 07/15/26

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Bedrooms
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Location

Listing Courtesy of Equity Colorado Real Estate, Charlie Peace
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Property Information for 627 Alexander Road

Property Details
  • Taxes: $776 / year
  • MLS Type: Income / Duplex
  • Zoning: R2
Building Information
  • Residences: 2
  • Year Built: 1927
  • Lot Size: 0.12 AC / 5,290 SF
Summary
Location and General Information
  • Zoning Entity: Colorado Springs
  • Directions: From Union, head East on Willamette, turn left on Alexander Rd. Duplex is on the right at the corner of Alexander and Monument
  • Latitude: 38.841938
  • Longitude: -104.78555
Taxes and HOA
  • Parcel Number: 6409409013
  • Tax Annual Amount: $776
  • Tax Year: 2022
School Information
  • High School District: Colorado Springs 11
Parking
  • Number Of Parking Spaces: 2
Virtual Tour
  • Virtual Tour URL Unbranded 2: tinyurl.com/Oakleaf COS
  • Virtual Tour URL Unbranded: tinyurl.com/Evergreen COS
Property
Lot Information
  • Lot Size: 5290.0
  • Lot Size Units: Sq Ft
  • Lot Size Acres: 0.1214
  • Lot Size Square Feet: 5290.0
Property and Assessments
  • Living Area Source: Assessor Records
  • Year Built: 1927
Utilities
  • Has Well Permit: No
  • Sewer: Sewer
  • Utilities: Electricity Connected, Natural Gas
  • Water Source: Municipal
Interior and Exterior Features
Exterior Features
  • Fencing: All
Interior Features
  • Additional Items: Fully furnished, fully managed income producing airbnb Short Term rental with the ability for buyer to apply for 2 Non Owner Occupied STR permits. Turn key investment property from Day 1.
  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Gas Grill, Kitchen Vent Fan, Microwave Oven, Range, Refrigerator, Washer
  • Cooling: See Prop Desc Remarks, Wall Unit(s)
  • Heating: Other, See Prop Desc Remarks, Wall Furnace
  • Laundry Features: Electric Hook-up
Multi Family
Multi Family Information
  • Unit Count: 2
  • Unit Total Baths: 2
  • Unit Total Beds: 2
  • Unit Total Occupied: 2
  • Unit Total Sqft: 1030
  • Number Of Units Total: 2
Income & Expenses
  • Gross Rental Multiplier: 72
Rental
Rent Information
  • Owner Pays: Electric, Gas, Sewer, Snow Removal, Trash, Water, See Show/Agent Remarks
  • Total Actual Rent: $7,600.00

Property History for 627 Alexander Road

DateEvent & SourcePriceAppreciation
Dec 27, 2023

Sold (Public Record)

Public Record #1524426418

$550,000

+38.8% / yr

Dec 26, 2023

Sold

Pikes Peak REALTOR Services (elevatedMLS) #6800297

$550,000—
Dec 7, 2023

Pending

Pikes Peak REALTOR Services (elevatedMLS) #6800297

—
DateEvent & SourcePrice
12/27/2023

Sold (Public Record)

Public Record #1524426418

$550,000

+38.8% / yr

12/26/2023

Sold

Pikes Peak REALTOR Services (elevatedMLS) #6800297

$550,000
12/07/2023

Pending

Pikes Peak REALTOR Services (elevatedMLS) #6800297

—

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

Public Records for 627 Alexander Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,121 ($93 / month)
Home Facts
Baths2.5Total Finished SqFt1,030 SqFtAbove Grade Finished SqFt1,030 SqFtStories1Lot Size5,290 SqFtStyleDuplexYear Built1927Year Renovated2022ZoningR-2CountyEL PASOAPN64094-09-013

Schools near 627 Alexander 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
Charter - 9 to 12
Rating
School
Distance
Queen Palmer Elementary School
PublicPK to 5

Galileo School Of Math And Science
Public6 to 8

Palmer High School
Public9 to 12

Eastlake High School of Colorado Springs
Charter9 to 12

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.

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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 Equity Colorado Real Estate, Charlie Peace

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.