520 Prairie Rd
Colorado Springs, CO 80909
- 2 beds
- 1 bath
- 744 sqft
- 7,405 sqft lot
- $375 per sqft
- 1947 build
- – on site
ASSUME THIS MORTGAGE at a 3.375% rate! Endless Possibilities on a Spacious Lot! This charming 2-bedroom, 1-bath ranch home sits on a generous .17-acre lot, offering a wealth of opportunities for homeowners and investors alike. The home features updated vinyl windows that fill the space with natural light, a functional layout for comfortable living, and a bathroom accessible from both the laundry room and primary bedroom. Outside, the oversized lot provides ample space for RV parking, a firepit area, and future improvements-all with the freedom of no HOA restrictions. A detached two-car garage with an attached workshop adds even more versatility, whether for storage, hobbies, or potential expansion. Alley access at the rear of the property enhances convenience and flexibility for future projects. Located within walking distance to schools, restaurants, Memorial Hospital and the Olympic Training Center, and with easy access to public transportation, this home is perfectly positioned for both daily living and investment potential. The zoning also allows for future expansion options, including the possibility of adding an Accessory Dwelling Unit (ADU) or more. Don't miss out on this rare opportunity to own a property with space to grow and options to explore. Schedule your showing today!
Last checked:
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Last updated Apr 6, 2025
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MLS# 4183264 —
This home is listed in more than one place. See it here, and here.
The Building
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Year Built:1947
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Cottage/Bung
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Total SqFt:744 Sqft
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Building Area Total:744
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Roof:Fiberglass
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Foundation Details:Slab
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Levels:One
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Basement:Sump Pump
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Stories:1
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Direction Faces:East
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Accessibility Features:No Stairs
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Above Grade Finished Area:744
Interior
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Interior Features:Eat-in Kitchen
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Living Room Level:Main
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Kitchen Level:Main
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Laundry Features:Main Level
Room Dimensions
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Living Area:744
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Living Room Area:176
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Living Room Length:16
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Living Room Width:11
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Kitchen Length:12
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Kitchen Area:132
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Kitchen Width:11
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Master Bedroom Area:140
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Master Bedroom Width:14
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Master Bedroom Length:10
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Bedroom 2 Area:81
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Bedroom 2 Length:9
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Bedroom 2 Width:9
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Laundry Room Length:14
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Laundry Room Width:8
Financial & Terms
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Listing Terms:Cash
Location
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Directions:Take Union Blvd South. Turn east on Willamette Ave. Turn Right on Prairie Rd and house is on your right.
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Coordinates:-104.787598, 38.840336
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Latitude:38.840336
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Longitude:-104.787598
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Property Condition:Fixer
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Lot Size Acres:0.17
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Lot Size SqFt:7,405 Sqft
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Lot Size Area:7405
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Lot Size Units:Square Feet
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Zoning:R5
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View:Mountain(s)
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Exclusions:Personal Property, TV, Brass Bell on front porch
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Horse:false
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Fencing:Partial
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Other Structures:Outbuildings
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Waterfront:false
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Road Surface Type:Gravel
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:$677
Beds
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Bedrooms Total:2
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Bedroom 2 Level:Main
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Master Bedroom Level:Main
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Cooling:Room Air Conditioner
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Cooling:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
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Water Source:City Water
Appliances
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Appliances:Refrigerator
Schools
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Elementary School:Queen Palmer
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Middle School:Galileo
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High School:Palmer
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High School District:Colorado Springs 11
The Community
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Association:false
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Subdivision Name:JR Marks
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:2
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Garage:true
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Garage Type:Detached
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Attached Garage:false
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Covered Spaces:2
Monthly cost estimate

Asking price
$279,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,493
|
Taxes | $56 |
Insurance | $76 |
Utilities | $138 See report |
Total | $1,763/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Price Changed | IRES | $279,000 | -3.8% |
2/21/25
Feb 21, 2025
|
Price Changed | IRES | $290,000 | -3.3% |
1/24/25
Jan 24, 2025
|
Listed / Active | IRES | $300,000 |