#8290560, Kimberly Lockett ABR GRI MRP SRES, Listing office: Kimberly Lockett Real Estate Group Inc
Property details
About 703 E Costilla St
Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!
Highlights
Home typeOther
StatusActive
Lot size0.2181 Acres
MLS #7590974
WaterfrontSee Remarks
ViewCity, Mountain(s), See Remarks
Summary
- Waterfront: See Remarks
- View: City, Mountain(s), See Remarks
- List Price: $535,000
- HOA Amount: $0
- Annual Tax Amount: $3,122
- Tax Year: 2023
- Lot: City Lot, Corner Lot, Level, Views, See Remarks
- Lot Size: 0.2181 Acres
- MLS Number: 7590974
- Office Name: RE/MAX Real Estate Group LLC
- Office Phone: (719) 534-7900
- Listing Agent: Kyle Tzitzicas
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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: 7/24/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 08, 2021 | Home Sold | $210,000 |
| Jul 17, 2019 | Home Sold | $105,000 |
| Dec 21, 2018 | Home Sold | $90,000 |
| Sep 17, 2014 | Home Sold | $57,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $56,990 | $3,122 |
| 2022 | $27,550 | $1,541 |
| 2021 | $27,550 | $1,625 |
| 2020 | $18,850 | $1,279 |
| 2019 | $18,850 | $1,121 |
| 2018 | $15,280 | $1,061 |
| 2017 | $15,280 | $378 |
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
1.4 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. Most families are single, no kids. Most 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 703 E Costilla St
The listing price of 703 E Costilla St property is $535,000.
The property 703 E Costilla St is land located in Colorado Springs, Colorado, 80903.
Active Listing: 703 E Costilla St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 703 E Costilla 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), Palmer High School (GreatSchools Rating 4/10), Eastlake High School of Colorado Springs (GreatSchools Rating 1/10), Community Preparatory Charter School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,122 (source: MLS/based on county public records data).
The last sale was on June 8, 2021 for $210,000 (source: MLS/tax record).
The property 703 E Costilla St is 0.218 acres.
This home is located at 703 E Costilla St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $535,000.
Over 77 listings were sold over their listed price in June 2025 in Colorado Springs, CO. In the same period over 126 listings were sold below the listed price and 87 listings were sold for the listed price. Between May and June 2025, Colorado Springs, CO real estate market has seen increase in the number of listings by 36.4%. While the average time on the market in June 2025 was 33 days, the median list price was $484,906.
From Rocket Homes Real Estate and based on county public records data.