225 N Cedar Street, Colorado Springs, CO 80903
Adams & Mcdonalds · El Paso County
Key Facts
Description
Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping. With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1901
Living Area
2,275 sq ft
Lot Size
0.14 acres
Garage Spaces
2
Parking Spaces
2
Ownership
Individual
Zoning
R-2
Days on Market
3
MLS® Listing#
3107641
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Patio
Fencing
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Columbia
- Middle:
- North
- High:
- Palmer
Financial Details
HOA
None
Annual Taxes
$1,506
Tax year 2025
Parcel Number
64172-11-010
Directions
From N Nevada Avenue - east on E Platte Avenue, south on N Cedar Street
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Colorado Springs, CO
- $522,120
- Median Listing Price
- 67
- Median Days on Market
- 2,005
- Median Sq Ft
- $249
- Median Price / Sq Ft
- 5,930
- Active Listings
- This home’s price is 5% above the area median.
- Its price per sq ft is 3% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Colorado Springs, CO.
Location
Points of Interest in Colorado Springs, CO
Showing the Colorado Springs area map.
Nearby Schools
Colorado School for the Deaf and Blind
School · 0.3 mi away
Columbia Elementary School
Elementary · 0.3 mi away
Divine Redeemer Catholic School
Secondary · 0.8 mi away
Community Prep School
Secondary · 0.8 mi away
Pikes Peak Prep
Elementary · 0.8 mi away
Palmer High School
Secondary · 0.8 mi away
Production Printing
School · 0.9 mi away
North Middle School
Elementary · 0.9 mi away
Samaritan CNSLNG & Edctn Ctr of the
School · 0.9 mi away
Queen Palmer Elementary School
Elementary · 0.9 mi away
Life Skills High School
Secondary · 1.1 mi away
Taylor Elementary School
Elementary · 1.2 mi away
St Mary's High School
Secondary · 1.3 mi away
Tesla High School
Secondary · 1.4 mi away
John Adams Elementary School
Elementary · 1.4 mi away
Star Academy
School · 1.5 mi away
Eastlake High School
Secondary · 1.5 mi away
Galileo School of Math and Science
Secondary · 1.5 mi away
Rogers Elementary School
Elementary · 1.6 mi away
Steele Elementary School
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1443 Acacia Drive, Colorado Springs, CO | $385,000 | 5 | 3 | 2,173 |
| 9404 Tranquil Morning Terrace, Colorado Springs, CO | $385,000 | 4 | 4 | 2,222 |
| 4550 Borden Drive, Colorado Springs, CO | $385,000 | 3 | 2 | 1,572 |
| 217 Fairmont Street, Colorado Springs, CO | $385,000 | 4 | 2 | 1,807 |
| 4618 Ridgeglen Road, Colorado Springs, CO | $385,000 | 4 | 2 | 2,063 |
| 4618 Ridgeglen Road, Colorado Springs, CO | $385,000 | 4 | 2 | 2,038 |
Moving Cost Estimate
EXIT Agents in Colorado Springs
Listing Courtesy: RE/MAX Real Estate Group Inc - BrianBoals@gmail.com,719-459-9955
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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