$849,000

501 N Franklin St Colorado Springs, CO 80903

$10,000
Closing credit¹
5 beds
3 full, 1 partial
4,500 sqft
0.1 acres
$189 / sqft
House

Property details

About 501 N Franklin St

Are you looking for a home with great walkability? This custom-built, 8-year-old home in an established downtown neighborhood might be exactly what you're looking for! It's just a few blocks from downtown, and around the corner from a fantastic local coffee house, pizza cafe, trails, parks, top restaurants, shops, and schools. The large open main level floor plan boasts hardwood flooring, tall ceilings, and a gas fireplace in the living room, complemented by abundant natural light from large windows. The gourmet kitchen features slab granite countertops, stainless steel appliances, an island with a gas cooktop, and custom cabinetry throughout. The main level master suite offers an attached bathroom with double vanities, slab granite, tile flooring, a large shower, and a walk-in closet. The laundry room is conveniently located off the kitchen and master suite, providing ample storage and folding space. The upper level is a great escape with a secondary family room/loft area featuring a gas fireplace and mountain views, and three spacious bedrooms sharing a large full bathroom with double sinks. You can spread out in the finished basement where you will find a 3rd family room which is currently set up as a media/theater room, with 9-foot ceilings, a fifth bedroom, a full bathroom, and plenty of storage space in the unfinished portion. The backyard is a great space for play and entertainment with low-maintenance turf, also providing access to the oversized 2-car garage located off the alley. Central air conditioning, upgrades throughout the home, two gas fireplaces, a low-maintenance stucco exterior, and newer construction features all add to the true value of this tremendous home!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size4,500 sqft
BasementYes
Lot size0.1331 Acres
Year built2017
ParkingDetached
MLS #6370346
FireplaceGas, Main Level, Two, Upper Level
ViewMeadow

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Microwave, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Fireplace: Gas, Main Level, Two, Upper Level
  • Total Bedroom Count: 5
  • Attached Garage: No
  • Parking: Detached
  • View: Meadow
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $849,000
  • Price/SqFt: $188
  • HOA Amount: $0
  • Annual Tax Amount: $3,250
  • Tax Year: 2023
  • Lot: Level, Meadow
  • Year Built: 2017
  • Living Area: 4,500 SqFt
  • Lot Size: 0.1331 Acres
  • MLS Number: 6370346
  • Office Name: ERA Shields Real Estate
  • Office Phone: (719) 593-1000
  • Listing Agent: Tanya Walter C2EX MRP RENE SRES

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: 6/30/2025, 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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501 N Franklin St, Colorado Springs, CO 80903 - view of front of property featuring stucco siding

$849,000

501 N Franklin St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 11, 2021
Home Sold
$715,000
Mar 09, 2018
Home Sold
$499,000
Aug 19, 2016
Home Sold
$64,000
Jun 06, 2000
Home Sold
$24,500

Tax history

YearAssessmentProperty Tax
2023$65,460$3,250
2022$40,410$2,261
2021$41,570$2,452
2020$37,190$2,524
2019$37,190$2,747
2018$37,440$765
2017$11,020$514

History based on county public records data.

Nearby schools

3

Columbia Elementary School

Public District PK-5

0.1 mi

835 E Saint Vrain St

5

Queen Palmer Elementary School

Public District PK-5

1.1 mi

1921 E Yampa St

5

Bristol Elementary School

Public District PK-5

1.3 mi

890 N Walnut 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 $32,586. Most Colorado Springs, CO residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

51%
<35k
30%
35k-100k
18%
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?

65%
Single, No Kids
14%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 N Franklin St

The listing price of 501 N Franklin St property is $849,000.

The property 501 N Franklin St is a house located in Colorado Springs, Colorado, 80903.

Active Listing: 501 N Franklin St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 N Franklin St are: Columbia Elementary School (GreatSchools Rating 3/10), Queen Palmer Elementary School (GreatSchools Rating 5/10), Bristol Elementary School (GreatSchools Rating 5/10), North Middle School (GreatSchools Rating 5/10), Galileo School of Math and Science (GreatSchools Rating 2/10), Mann Middle School (GreatSchools Rating 2/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Palmer High School (GreatSchools Rating 4/10), Eastlake High School of Colorado Springs (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $3,250 (source: MLS/based on county public records data).

The last sale was on August 11, 2021 for $715,000 (source: MLS/tax record).

The property at 501 N Franklin St has 5 bedrooms and 3 full and 1 half bathrooms.

The property 501 N Franklin St is 4,500 SqFt (source: MLS/tax record).

The year of construction for 501 N Franklin St is 2017.

This home is located at 501 N Franklin St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 4,500 square foot home, which was built in 2017, sits on a 0.13 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $849,000.

In May 2025 more than 76 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 122 were sold below. The number of listings in Colorado Springs, CO increased by 42.2% between April and May 2025. The median list price of listings available in May 2025 was $480,000, while the average time on the real estate market was 40 days.

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

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