$6,649 Closing Credit¹
#6747274, Rocky Manning, Listing Office: Keller Williams Clients Choice Realty
$540,000 List price
421 S Prospect St Colorado Springs, CO 80903
$6,413
Closing credit¹
3 beds
2 baths
0.2 acres
House
Property details
About 421 S Prospect St
*Charming Fully Renovated Downtown Home with R2 Zoning and Income Potential!* Welcome to your dream home in the vibrant heart of Colorado Springs! This beautifully renovated residence, situated on a generous double lot, features highly desirable R2 zoning that creates a fantastic investment opportunity for savvy buyers. As you step inside, you'll be greeted by a bright and open layout that immediately makes you feel at home. The stunning kitchen showcases stainless steel appliances, quartz countertops, and ample cabinetry with serving buffet makes it a perfect space for entertaining. The main floor houses a spacious living area that is infused with natural light, and a convenient dining space that flows seamlessly into the kitchen. Venturing downstairs, you'll discover a fully finished basement that offers a private entrance, providing independence and privacy for guests or tenants alike. This versatile basement includes a fully equipped accessory dwelling unit (ADU) featuring its own inviting living area, a full kitchen, a cozy bedroom and bath, and a modern bathroom—making it ideal for generating rental income or providing comfortable accommodations for visiting friends and family. KEY FEATURES: *Double Lot* Enjoy an expansive outdoor area that presents endless possibilities for gardening, entertaining, or future development projects. *R2 Zoning* Take advantage of the versatile zoning that enhances the property's potential, opening doors for various residential and investment opportunities. *Prime Location* Immerse yourself in the vibrant downtown Colorado Springs lifestyle, with an array of nearby shopping, dining, cultural attractions, and beautiful parks just moments away. This property is the perfect blend of a charming home and a lucrative investment opportunity, making it a rarity in today’s market. Don’t miss out on this exceptional chance to become part of the Colorado Springs community. explore all that this remarkable property has to offer!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.1837 Acres
Year built1910
MLS #3386494
Summary
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Basement: Yes
- Fireplace: None
- Total Bedroom Count: 3
- Heating: Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $540,000
- Annual Tax Amount: $1,289
- Tax Year: 2023
- Year Built: 1910
- Lot Size: 0.1837 Acres
- MLS Number: 3386494
- Office Name: Keller Williams Premier Realty
- Office Phone: (719) 445-0234
- Listing Agent: Jeffrey Johnson
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: 6/2/2025, 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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$540,000
421 S Prospect St
$6,413
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 12, 2022 | Home Sold | $540,000 |
| Dec 27, 2021 | Home Sold | $310,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $29,680 | $1,289 |
| 2022 | $13,780 | $771 |
| 2021 | $14,180 | $836 |
| 2020 | $11,090 | $752 |
| 2019 | $11,090 | $600 |
| 2018 | $8,180 | $568 |
| 2017 | $8,180 | $503 |
History based on county public records data.
Nearby schools
3
Columbia Elementary School
Public District PK-5
0.9 mi
•835 E Saint Vrain St
3
Hunt Elementary School
Public District PK-5
1.2 mi
•2101 Manitoba Dr
4
Stratton Meadows Elementary School
Public District PK-5
1.5 mi
•610 Brookshire Ave
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 $22,353. Residents of Colorado Springs, CO typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
67%
<35k
29%
35k-100k
0%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
56%
Single, No Kids
16%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Banana Republic
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 421 S Prospect St
The listing price of 421 S Prospect St property is $540,000.
The property 421 S Prospect St is a house located in Colorado Springs, Colorado, 80903.
Active Listing: 421 S Prospect St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 421 S Prospect St are: Columbia Elementary School (GreatSchools Rating 3/10), Hunt Elementary School (GreatSchools Rating 3/10), Stratton Meadows Elementary School (GreatSchools Rating 4/10), 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 $1,289 (source: MLS/based on county public records data).
The last sale was on October 12, 2022 for $540,000 (source: MLS/tax record).
The property at 421 S Prospect St has 3 bedrooms and 2 bathrooms.
The year of construction for 421 S Prospect St is 1910.
This home is located at 421 S Prospect St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $540,000.
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 homes for sale in Colorado Springs, CO increased by 42.2% between April and May 2025. In May 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $480,000.
From Rocket Homes Real Estate and based on county public records data.