$1,400,000

321 Graceland Grv Colorado Springs, CO 80904

$10,000
Closing credit¹
8 beds
5 baths
0.1 acres
House

Property details

About 321 Graceland Grv

Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property—perfect for multi-generational living, house hacking, or maximizing rental income. Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard—ideal for tenants or personal use. Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area—an ideal layout for long-term rental or guest accommodations. Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, you’ll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience. Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures—all blending contemporary style with comfort. With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Wall Unit(s)
Lot size0.15 Acres
Year built2006
MLS #8221419
FireplaceMain Level, One, Wood Burning, Wood Burning Stove

Summary

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Fireplace: Main Level, One, Wood Burning, Wood Burning Stove
  • Total Bedroom Count: 8
  • Heating: Forced Air
  • Cooling: Central Air, Wall Unit(s)
  • List Price: $1,400,000
  • Year Built: 2006
  • Lot Size: 0.15 Acres
  • MLS Number: 8221419
  • Office Name: RE/MAX Real Estate Group LLC
  • Office Phone: (719) 534-7900
  • Listing Agent: Nathan Johnson ABR CRS GRI MRP

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: 6/19/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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321 Graceland Grv, Colorado Springs, CO 80904 - townhome / multi-family property featuring a balcony, stucco siding, and concrete driveway

$1,400,000

321 Graceland Grv

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Bristol Elementary School

Public District PK-5

0.6 mi

890 N Walnut St

3

Midland Elementary School

Public District PK-5

1.0 mi

2110 Broadway Ave

8

Steele Elementary School

Public District PK-5

1.8 mi

1720 N Weber 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 $45,918. Typical income of Colorado Springs, CO residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

43%
<35k
36%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
13%
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 321 Graceland Grv

The listing price of 321 Graceland Grv property is $1,400,000.

The property 321 Graceland Grv is a house located in Colorado Springs, Colorado, 80904.

Active Listing: 321 Graceland Grv is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 321 Graceland Grv are: Bristol Elementary School (GreatSchools Rating 5/10), Midland Elementary School (GreatSchools Rating 3/10), Steele Elementary School (GreatSchools Rating 8/10), West Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), North Middle School (GreatSchools Rating 5/10), Palmer High School (GreatSchools Rating 4/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Coronado High School (GreatSchools Rating 5/10).

The property at 321 Graceland Grv has 8 bedrooms and 5 bathrooms.

The year of construction for 321 Graceland Grv is 2006.

This home is located at 321 Graceland Grv in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $1,400,000.

In May 2025, from all listings sold in Colorado Springs, CO there were more than 76 sold above asking price, over 122 sold below and more than 72 were sold right at the asked price. The number of listings in Colorado Springs, CO increased by 42.2% between April and May 2025. In May 2025 median list price was $480,000 and the average listing age was 40 days.

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

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