#9442886, Bruce Betts CDPE CRS CSP GRI PSA, Listing office: RE/MAX Advantage Realty, Inc.

520 Prairie Rd Colorado Springs, CO 80909
Property details
About 520 Prairie Rd
Hard-to-Find Single-Family Opportunity in Colorado Springs – with NEW Carpet and Flooring! This updated 2-bedroom, 1-bath ranch home sits on a spacious 0.17-acre lot with no HOA and R-5 zoning, offering exciting potential for future expansion—including the possibility of an ADU (Accessory Dwelling Unit). Whether you're looking for a primary residence or future income potential, this property delivers flexibility and value. Step inside to a bright and open layout filled with natural light. Brand-new carpet in the living room and both bedrooms, plus fresh interior paint throughout, gives this home a crisp, move-in ready feel. The eat-in kitchen features new vinyl flooring and seamless access to the backyard—perfect for hosting friends or enjoying summer evenings outdoors. The bathroom is thoughtfully designed with dual access from both the primary bedroom and the oversized laundry room (washer & dryer included), making everyday living and guest visits more convenient. Outside, you'll find a detached 2-car garage with an attached workshop, ideal for hobbies, storage, or DIY projects. Alley access provides space for RV parking, trailers, or outdoor gear—a rare bonus in this price range! Located on a quiet street, you're just minutes from Downtown Colorado Springs (5 mins), UCHealth Memorial Central (1 mile), and the Olympic Training Center (0.5 mile). Parks, public transit, schools, and shopping are all close by. Don’t miss the chance to see this versatile property! Schedule your showing today and explore the possibilities!
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Refrigerator, Washer
- Basement: No
- Flooring Type: Concrete, Tile
- Interior: Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Laminate Counters, No Stairs, Open Floorplan, Primary Suite
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Gravel
- View: Mountain(s)
- Exterior: Fire Pit
- Architectural Style: Bungalow
- Heating: Natural Gas
- Cooling: Air Conditioning
- List Price: $255,000
- Price/SqFt: $342
- Annual Tax Amount: $677
- Tax Year: 2023
- Lot: Near Public Transit
- Directions: Take Union Blvd South. Turn east on Willamette Ave. Turn Right on Prairie Rd and house is on your right.
- Year Built: 1947
- Living Area: 744 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 4183264
- MLS Name: RECOLORADO
- Office Name: eXp Realty, LLC
- Office Phone: (888) 440-2724
- Listing Agent: Dianne Schell
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 10, 2020 | Home Sold | $213,000 |
Dec 28, 2015 | Home Sold | $104,900 |
Apr 21, 2006 | Home Sold | $76,000 |
Mar 13, 2006 | Home Sold | $57,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $18,490 | $677 |
2022 | $12,080 | $675 |
2021 | $12,430 | $733 |
2020 | $9,550 | $648 |
2019 | $9,550 | $558 |
2018 | $7,610 | $528 |
2017 | $7,610 | $335 |
History based on county public records data.
Nearby schools
5
Queen Palmer Elementary School
Public District PK-5
0.4 mi
•1921 E Yampa St
6
Rogers Elementary School
Public District PK-5
0.9 mi
•110 S Circle Dr
3
Columbia Elementary School
Public District PK-5
1.1 mi
•835 E Saint Vrain St
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 $34,922. The most common annual income of people living in Colorado Springs, CO is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 520 Prairie Rd
The listing price of 520 Prairie Rd property is $255,000.
The property 520 Prairie Rd is a house located in Colorado Springs, Colorado, 80909.
Active Listing: 520 Prairie Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 520 Prairie Rd are: Queen Palmer Elementary School (GreatSchools Rating 5/10), Rogers Elementary School (GreatSchools Rating 6/10), Columbia Elementary School (GreatSchools Rating 3/10), Galileo School of Math and Science (GreatSchools Rating 2/10), North Middle School (GreatSchools Rating 5/10), Mountain Vista Community School (GreatSchools Rating 6/10), Eastlake High School of Colorado Springs (GreatSchools Rating 1/10), Odyssey Early College and Career Options (GreatSchools Rating 5/10), Achieve Online (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $677 (source: MLS/based on county public records data).
The last sale was on June 10, 2020 for $213,000 (source: MLS/tax record).
The property at 520 Prairie Rd has 2 bedrooms and 1 bathroom.
The property 520 Prairie Rd is 744 SqFt (source: MLS/tax record).
The year of construction for 520 Prairie Rd is 1947.
This home is located at 520 Prairie Rd in Colorado Springs, CO and zip code 80909 in the Central Colorado Springs neighborhood. This 744 square foot home, which was built in 1947, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $255,000.
While more than 77 listings in Colorado Springs, CO in June 2025 were sold above asking price, there were more than 87 listings sold at asking price, and more than 126 were sold below. In June 2025 in Colorado Springs, CO there were 36.4% more homes for sale than in May. In June 2025, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $484,906.