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$699,000

517 Canon Ave Manitou Springs, CO 80829

3 beds
3 baths
525 sqft
0.2 acres
$1,331 / sqft
Multi-Family

Property details

About 517 Canon Ave

Peace, Love & Profit in the Heart of Manitou Springs! Invest in a vibe AND a valuable asset. Welcome to Peace, Love, and Profit—a rare opportunity to own three fun and funky updated cottages in the iconic and artsy town of Manitou Springs. Whether you're looking to build wealth, create community, or simply live the Colorado dream, this property checks every box with charm, cash flow, and character. Each of the three cottages has been remodeled with modern updates, while preserving the eclectic soul that makes Manitou Springs magical. From new paint and fixtures to updated kitchens and baths, these cottages are turnkey and tenant-ready. Features You'll Love: Three Separate, Updated Units Proven Rental History with strong income 6 space Parking Lot—a true UNICORN in Manitou! Cozy layouts with loads of natural light and yards Washer/Dryer storage room Minutes from downtown Colorado Springs, An hour to Denver, an easy drive to Breckenridge, and of course- trails, restaurants & the incline!!! Live in one, rent the other two… lease all three… or transform them into your next investment opportunity! The flexibility is just as dreamy as the setting. Set against the backdrop of Pike’s Peak and nestled in the heart of one of Colorado’s most beloved towns, this is not just real estate—it’s a lifestyle portfolio. Don’t miss your chance to own a slice of peace, a whole lot of love, and a reliable stream of profit.

Highlights

Home typeTriplex
HeatingBaseboard, Electric, Natural Gas
StatusActive
Size525 sqft
Lot size0.17 Acres
Year built1899
MLS #4280690

Summary

  • Basement: No
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: None
  • List Price: $699,000
  • Price/SqFt: $1,331
  • Annual Tax Amount: $1,181
  • Tax Year: 2020
  • Directions: Manitou Ave., to Canon Ave., home on the left
  • Year Built: 1899
  • Living Area: 525 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 4280690
  • MLS Name: RECOLORADO
  • Office Name: RE/MAX Properties Inc
  • Office Phone: (719) 576-5000
  • Listing Agent: Karen Schaefer

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 1:57:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 07, 2021
Home Sold
$405,000
Mar 01, 2017
Home Sold
$280,000

Tax history

YearAssessmentProperty Tax
2023$28,240$-
2022$17,510$-
2021$18,010$-
2020$15,030$1,181
2019$15,030$879
2018$9,990$777
2017$9,990$715

History based on county public records data.

Nearby schools

5

Manitou Springs Elementary School

Public District PK-5

0.4 mi

110 Pawnee Ave

7

Howbert Elementary School

Public District PK-5

2.7 mi

1023 N 31st St

3

Midland Elementary School

Public District PK-5

3.3 mi

2110 Broadway Ave

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 $50,108. Residents of Manitou Springs, CO typically earn less than $<35k each year. 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?

43%
<35k
39%
35k-100k
12%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
9%
Single, with Kids
19%
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
6%
12-17 yrs old
24%
18-34 yrs old
50%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 517 Canon Ave

The listing price of 517 Canon Ave property is $699,000.

The property 517 Canon Ave is a multi located in Manitou Springs, Colorado, 80829.

Active Listing: 517 Canon Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 517 Canon Ave are: Manitou Springs Elementary School (GreatSchools Rating 5/10), Howbert Elementary School (GreatSchools Rating 7/10), Midland Elementary School (GreatSchools Rating 3/10), Manitou Springs Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), Holmes Middle School (GreatSchools Rating 5/10), Manitou Springs High School (GreatSchools Rating 7/10), Coronado High School (GreatSchools Rating 5/10), Colorado Springs Early Colleges (GreatSchools Rating 5/10).

According to the records, the last property tax for 2020 is $1,181 (source: MLS/based on county public records data).

The last sale was on April 7, 2021 for $405,000 (source: MLS/tax record).

The property 517 Canon Ave is 525 SqFt (source: MLS/tax record).

The year of construction for 517 Canon Ave is 1899.

This home is located at 517 Canon Ave in Manitou Springs, CO and zip code 80829. This 525 square foot home, which was built in 1899, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $699,000.

While more than 0 listings in Manitou Springs, CO in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between May and June 2025, Manitou Springs, CO real estate market has seen increase in the number of listings by 41%. The median list price of listings available in June 2025 was $695,000, while the average time on the real estate market was 18 days.

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

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