740 E Rio Grande St

Colorado Springs, CO 80903

$450,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
a view of a house with a outdoor space
a view of a house with a backyard
a outdoor space view with a sitting space
a living room with furniture a clock and a window
a living room with furniture a clock and a window
a living room with furniture and a potted plant
a living room with furniture and a potted plant
a view of a dining room with furniture and wooden floor
a living room with furniture and a table
a view of entryway and hall with a wooden floor
a kitchen with stainless steel appliances a refrigerator sink and stove
a kitchen with white cabinets and appliances
a kitchen with a sink and cabinets
a kitchen with a sink cabinets and window
a kitchen with stainless steel appliances a stove microwave and refrigerator
a bathroom with a sink toilet and shower
a bedroom with a bed and a painting on the wall
a bedroom with a bed and a window
a bedroom with a bed and a shower
a bedroom with a bed and a window
a view of a house with a yard
a front view of a house with a yard covered with snow
a front view of a house with a yard and garage
a front view of a house with a yard
a picture of a floor plan

Description

Welcome home to a great property close to downtown, parks, schools and shopping. Live in one side and rent the other or turn this into your own cash cow as your next investment property. This newly remodeled duplex is ready to rent. Each unit has two bedrooms and one full bathroom. The bathrooms have been fully remodeled with new plumbing fixtures, tile surround, vanities and flooring. The kitchens also are new complete with new cabinetry, a stainless steel appliance package and quartz countertops....Welcome home to a great property close to downtown, parks, schools and shopping. Live in one side and rent the other or turn this into your own cash cow as your next investment property. This newly remodeled duplex is ready to rent. Each unit has two bedrooms and one full bathroom. The bathrooms have been fully remodeled with new plumbing fixtures, tile surround, vanities and flooring. The kitchens also are new complete with new cabinetry, a stainless steel appliance package and quartz countertops. New interior and exterior paint, new LVP flooring and upgraded carpet. Each unit also has a new furnace and new or newer water heater. This is a turn key investment property ready for your tenants.
  1. Listed by Travis Cottle • Stoney Creek Properties

Property Details for 740 East Rio Grande Street

Roof
Composite Shingle
Parking Spaces Number Of
6
Structure
Framed on Lot
Foundation Details
Crawl Space
LISTING UPDATED: 02/27/2026 04:06 PM

Property Details for 740 East Rio Grande Street

StatusActive
MLS #3891322
Days on Compass59
Taxes$1,042 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1952
Lot Size0.17 AC / 7,491 SF
CountyEl Paso County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Stoney Creek Properties, Travis Cottle
Add your commute

Building Information for 740 East Rio Grande Street

Stories-Residences-Year Built1952Building Size-Lot Size0.17 AC / 7,491 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,280 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$87

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 740 East Rio Grande Street

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2024
Property
Property and Assessments
  • Construction Status: Existing
Utilities
  • Heating: Forced Air
  • Cooling: None
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water: Municipal
Interior and Exterior Features
Exterior Features
  • Siding: Alum/Vinyl/Steel
Interior Features
  • Appliances: Dishwasher, Microwave Oven, Oven, Range, Refrigerator
  • Laundry Facilites: Electric Hook-up
Multi Family
Unit 1
  • Baths: 1
  • Beds: 2
  • Furnished: No
  • Num Garage: 0
  • Occupied: No
  • Sq Ft: 617.0
Unit 2
  • Baths: 1
  • Beds: 2
  • Furnished: No
  • Num Garage: 0
  • Occupied: No
  • Sq Ft: 618.0

Property History for 740 East Rio Grande Street

DateEvent & SourcePriceAppreciation
Jun 26, 2025

Sold (Public Record)

Public Record #1902781530

$287,000

+7.5% / yr

Aug 22, 2024

Sold (Public Record)

Public Record #1540066390

$270,000—
DateEvent & SourcePrice
06/26/2025

Sold (Public Record)

Public Record #1902781530

$287,000

+7.5% / yr

08/22/2024

Sold (Public Record)

Public Record #1540066390

$270,000

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

Public Records for 740 East Rio Grande Street

Taxable ValueLand$3,910Additions$19,210Total$23,120
Home Facts
Total Finished SqFt1,235 SqFtAbove Grade Finished SqFt1,235 SqFtStories1Lot Size7,491 SqFtStyleDuplexYear Built1952ZoningR2CountyEL PASOAPN6420204019

Schools near 740 East Rio Grande Street

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

North Middle School
Public6 to 8

Palmer High School
Public9 to 12

CIVA Charter High School
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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 740 East Rio Grande Street, Colorado Springs, CO 80903

740 East Rio Grande Street is a multi-family home for sale in Colorado Springs, CO 80903. This property was listed for sale on January 12, 2026 by Stoney Creek Properties, it's currently listed at $450,000. It has been on the market for a total of 59 days and was last sold on June 26, 2025. This listing's school district is Colorado Springs 11 School District. Nearby schools include Hunt Elementary School, North Middle School and Palmer High School. 740 East Rio Grande Street is a 0-bed, 0-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stoney Creek Properties, Travis Cottle

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.