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$950,000

Listing Price

4beds

2baths

3,518sqft

21,748sqft lot

506 W Cheyenne Rd, Colorado Springs, CO 80906

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1954

Year built

Home Details

Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a single-family home with a 4-plex and a second detached 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced back yard and large front yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units, a detached two-car garage and a large open space. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.

Interior Details

Square Feet
  • 3518

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 21748

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,169

$4,900

$39,770

--%

$44,670

2019

$3,169

$4,900

$39,770

--%

$44,670

2018

$2,675

$4,700

$32,310

--%

$37,010

2017

$2,664

$4,700

$32,310

--%

$37,010

2016

$2,372

$4,760

$29,090

--%

$33,850

2014

$2,191

$3,640

$27,660

--%

$31,300

2013

$2,094

$3,640

$27,660

--%

$31,300

2012

$2,113

$3,640

$27,960

--%

$31,600

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Average Home Price in 80906

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$868,454

3 Beds

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Sold 07/30/2026

$1,016,406

3 Beds

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Sold 07/08/2026

$608,531

5 Beds

2 Baths

3,092 Sqft

27,769 Lot (sqft)

Sold 05/06/2026

$970,000

4 Beds

3.5 Baths

3,658 Sqft

35,284 Lot (sqft)

Sold 09/29/2026

$1,275,000

4 Beds

4 Baths

3,832 Sqft

31,581 Lot (sqft)

Sold 09/29/2026

$799,000

3 Beds

2.5 Baths

3,026 Sqft

22,400 Lot (sqft)

Sold 06/08/2026

$605,000

4 Beds

2.5 Baths

3,157 Sqft

11,912 Lot (sqft)

Sold 10/06/2026

$859,869

2 Beds

1.5 Baths

3,054 Sqft

21,600 Lot (sqft)

Sold 10/05/2026

$1,425,000

4 Beds

4 Baths

3,339 Sqft

25,847 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
950,000
$
Down payment
190,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,700
$
HOA (Monthly)
0
$
PMI
0
$
$6,150
Your Payment
Total Monthly Payment:$6,150
Percent of Income:105%
Affordable:No

Details for 506 W CHEYENNE RD

Property Debt

Foreclosure Contact Details