$349,500

319 S Institute St Colorado Springs, CO 80903

$4,150
Closing credit¹
3 beds
1 full
1,026 sqft
0.1 acres
$341 / sqft
House

Property details

About 319 S Institute St

Situated on a quiet block in Colorado Springs’ Downtown East neighborhood, this well-maintained 3-bedroom, 1-bath bungalow blends timeless design with practical updates and a location that puts the best of the city at your doorstep. With inviting indoor spaces, smart outdoor improvements, and functional upgrades, the home is move-in ready and suited to a wide range of lifestyles. Inside, you're welcomed by original hardwood floors and large windows that fill the living and dining areas with natural light. The open layout offers comfort and flexibility, complemented by fresh finishes and thoughtful design touches. The kitchen is updated with granite countertops, stainless steel appliances, a tile backsplash, and a peninsula for added seating. Three versatile bedrooms accommodate sleep, work, or creative use, while the bathroom features designer tile, modern lighting, and a sleek vanity. Outside, enjoy a fully fenced backyard with xeriscaping, mature trees, and space for dining or entertaining. A dog run adds convenience, and the detached 2-car garage provides off-street parking and storage. At the rear, a detached bonus structure with its own gas meter and address offers potential for a studio, guest suite, or home office, adding flexibility without defining the property. You're just three blocks from Memorial Park and Prospect Lake, with access to 190+ acres of green space, a YMCA, skate park, and trails. Nearby are the Tejon Street corridor, Shuga’s, Four by Brother Luck, Phantom Canyon Brewing, Colorado College, the Fine Arts Center, Weidner Field, and the U.S. Olympic & Paralympic Museum. With quick access to I-25, transit, and UCHealth Memorial Hospital, this home offers comfort, convenience, and long-term value in one of the city’s most connected neighborhoods.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,026 sqft
Lot size0.1148 Acres
Year built1899
ParkingDetached
MLS #3134664
WaterfrontSee Remarks
ViewSee Remarks

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Gas Grill, Microwave, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: See Remarks
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Detached
  • Waterfront: See Remarks
  • View: See Remarks
  • Exterior: Porch/Covered, See Remarks
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $349,500
  • Price/SqFt: $340
  • HOA Amount: $0
  • Annual Tax Amount: $752
  • Tax Year: 2023
  • Lot: See Remarks
  • Year Built: 1899
  • Living Area: 1,026 SqFt
  • Lot Size: 0.1148 Acres
  • MLS Number: 3134664
  • Office Name: Orchard Brokerage LLC
  • Office Phone: (844) 515-9880
  • Listing Agent: Jacob Romero

IDX 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: 5/22/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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319 S Institute St, Colorado Springs, CO 80903 - bungalow with fence

$349,500

319 S Institute St

$4,150

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 30, 2019
Home Sold
$219,000
Nov 08, 2012
Home Sold
$51,129
May 03, 2012
Home Sold
$101,160
Nov 05, 2004
Home Sold
$107,500

Tax history

YearAssessmentProperty Tax
2023$19,880$752
2022$13,860$775
2021$14,260$841
2020$11,150$756
2019$11,150$603
2018$8,230$571
2017$8,230$506

History based on county public records data.

Nearby schools

3

Columbia Elementary School

Public District PK-5

0.8 mi

835 E Saint Vrain St

3

Hunt Elementary School

Public District PK-5

1.2 mi

2101 Manitoba Dr

5

Queen Palmer Elementary School

Public District PK-5

1.5 mi

1921 E Yampa St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,061. Typical income of Colorado Springs, CO residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

42%
<35k
56%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 319 S Institute St

The listing price of 319 S Institute St property is $349,500.

The property 319 S Institute St is a house located in Colorado Springs, Colorado, 80903.

Active Listing: 319 S Institute St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 319 S Institute St are: Columbia Elementary School (GreatSchools Rating 3/10), Hunt Elementary School (GreatSchools Rating 3/10), Queen Palmer Elementary School (GreatSchools Rating 5/10), North Middle School (GreatSchools Rating 5/10), Mountain Vista Community School (GreatSchools Rating 6/10), Galileo School of Math and Science (GreatSchools Rating 2/10), Eastlake High School of Colorado Springs (GreatSchools Rating 1/10), Palmer High School (GreatSchools Rating 4/10), Community Preparatory Charter School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $752 (source: MLS/based on county public records data).

The last sale was on September 30, 2019 for $219,000 (source: MLS/tax record).

The property at 319 S Institute St has 3 bedrooms and 1 bathroom.

The property 319 S Institute St is 1,026 SqFt (source: MLS/tax record).

The year of construction for 319 S Institute St is 1899.

This home is located at 319 S Institute St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 1,026 square foot home, which was built in 1899, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $349,500.

Colorado Springs, CO housing market in April 2025 saw over 79 listings sold above listed price, more than 71 sold at listed price and over 113 sold below. The inventory of homes for sale in Colorado Springs, CO between March and April 2025 increased by 46.1%. While the average time on the market in April 2025 was 48 days, the median list price was $478,588.

From Rocket Homes Real Estate and based on county public records data.

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