$7,422 Closing Credit¹
#3724337, Tricia Flake, Listing office: Main Street Brokers
$636,500 List price
244 Washington St Monument, CO 80132
$7,558
Closing credit¹
4 beds
2 baths
0.2 acres
House
Property details
About 244 Washington St
Incredible income-producing opportunity located in the heart of downtown Monument! This rare commercial property features two separate dwellings on one beautifully landscaped lot, offering built-in flexibility and multiple streams of potential income. The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately, ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a short-term rental conversion. Tucked behind the main home is a updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use. Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument’s most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value. ****** Take a look at the property video to get a real feel for the layout!********
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Forced Air
StatusActive
CoolingCeiling Fan(s)
Lot size0.1766 Acres
Year built1915
MLS #6430633
Virtual tour
Summary
- Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
- Basement: No
- Total Bedroom Count: 4
- Heating: Baseboard, Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $636,500
- Annual Tax Amount: $9,700
- Tax Year: 2023
- Year Built: 1915
- Lot Size: 0.1766 Acres
- MLS Number: 6430633
- Office Name: Lee and Associates Real Estate, Inc.
- Office Phone: (719) 963-6032
- Listing Agent: Stephanie Lee MRP
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$636,500
244 Washington St
$7,558
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 29, 2004 | Home Sold | $275,000 |
| Sep 11, 2001 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $144,690 | $9,700 |
| 2022 | $102,310 | $7,509 |
| 2021 | $102,310 | $7,549 |
| 2020 | $81,190 | $6,259 |
| 2019 | $81,190 | $3,163 |
| 2018 | $39,140 | $3,463 |
| 2017 | $39,140 | $3,016 |
History based on county public records data.
Nearby schools
8
Lewis-Palmer Elementary School
Public District PK-6
1.3 mi
•1315 Lake Woodmoor Dr
3
Monument Charter Academy
Public Charter PK-5
1.4 mi
•1150 Village Ridge Pt
9
Bear Creek Elementary School
Public District PK-6
2.4 mi
•1330 Creekside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,034. The most common annual income of people living in Monument, CO is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
13%
<35k
44%
35k-100k
36%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
News/Talk/Information
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 244 Washington St
The listing price of 244 Washington St property is $636,500.
The property 244 Washington St is a house located in Monument, Colorado, 80132.
Active Listing: 244 Washington St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 244 Washington St are: Lewis-Palmer Elementary School (GreatSchools Rating 8/10), Monument Charter Academy (GreatSchools Rating 3/10), Bear Creek Elementary School (GreatSchools Rating 9/10), Lewis-Palmer Middle School (GreatSchools Rating 5/10), Monument Charter Academy Secondary School (GreatSchools Rating 6/10), Discovery Canyon Campus Middle School (GreatSchools Rating 8/10), Lewis-Palmer High School (GreatSchools Rating 8/10), Palmer Ridge High School (GreatSchools Rating 9/10), Discovery Canyon Campus High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $9,700 (source: MLS/based on county public records data).
The last sale was on October 29, 2004 for $275,000 (source: MLS/tax record).
The property at 244 Washington St has 4 bedrooms and 2 bathrooms.
The year of construction for 244 Washington St is 1915.
This home is located at 244 Washington St in Monument, CO and zip code 80132 in the Downtown Monument neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $636,500.
Over 2 listings were sold over their listed price in May 2025 in Monument, CO. In the same period over 9 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Monument, CO increased by 35.7% between April and May 2025. In May 2025 median list price was $745,000 and the average listing age was 29 days.
From Rocket Homes Real Estate and based on county public records data.