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4 Beds
2 Baths
1,896 sqft

$615,000

232 N Franklin Street, Colorado Springs CO, 80903

Price per sqft$324.37
Built in1890
Property size1,896 sqft
Property typeResidential
Listed by Diane Ortiz, Shift Real Estate LLC Listing Contact: 303-800-1000

Overview

Active

Listed Nov 10, 2026

Updated 11h ago

They don’t build them like this anymore! This 1890 Victorian is two homes on one lot, just a few blocks from Downtown Colorado Springs. The main house has kept its character, with original hardwood floors, rich wood trim and built-ins, a butler’s-style pantry, radiator heat, a clawfoot tub, and a bright sunroom. It offers 4 bedrooms, 2 baths and 1,612 sq ft. Behind it sits a separate two-story cottage with its own address, entrance, kitchen, living room, full bath, and main-level bedroom, plus two more bedrooms upstairs and a flex room that has served as a meditation suite, could become a walk in closet. Both homes have operated successfully as short-term rentals, and the City of Colorado Springs has confirmed that it would be elligible for an owner-occupied short term rental permit due to having multiple addresses (buyer to verify independently.) The property works well for house hacking, multigenerational living, or an investor seeking income. Outside are a wrought-iron fenced front yard, a covered front porch, a brick patio between the homes, and a 1-car detached garage with alley access. Zoned R-2. Walk to Memorial Park, local coffee shops, downtown dining, and the shops and events along Tejon. Close access to Colorado College, Memorial Hospital, and other major employment hubs. Short sale, subject to lender approval. Sold as-is. Buyer to verify zoning, shoft term rental licensing, and all measurements.

$4,092/mo

Est. mortgage payment based on a $615,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6451383

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$2,450
Tax Frequency
Annually
Garage
Yes

Also listed on REColorado

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Listed by Diane Ortiz, Shift Real Estate LLC Listing Contact: 303-800-1000

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

Data Last Updated: 11/14/2026

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