517 Canon Avenue, Manitou Springs, CO 80829 (MLS # 4280690)
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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.
| DAYS ON MARKET | 17 | LAST UPDATED | 6/23/2025 |
|---|---|---|---|
| TRACT | Manitou Springs | YEAR BUILT | 1899 |
| COUNTY | El Paso | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Manitou Springs |
|---|---|
| Jr. High School | Manitou Springs |
| High School | Manitou Springs |
| PRICE HISTORY | |
| Prior to Jun 23, '25 | $750,000 |
|---|---|
| Jun 23, '25 - Today | $699,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Baseboard, Electric, Natural Gas |
| LOT | 7405 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Manitou Springs |
| TAXES | 1797 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Karen Schaefer, RE/MAX Properties Inc
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