Selected for the Terner Labs Housing Venture Lab

2511 Busch Avenue, Colorado Springs, CO 80904

Active
Listed 71 days ago
Owner-Occupant Eligible
$665,000

About $1,846 a month to live here, after the rent from the other home.

Duplex2,432 sqft6 beds4 bathsListed Sep 2, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$1,846a month

The other home rents for $2,127. We hold back $319 of that for repairs and an empty month, and the rest goes toward a $3,654 monthly payment.

Income to qualify: about $83,000 a year

With how much down?

At 20% down ($133,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $92,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$23,275 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

Duplex

Property Type

7,012 sqft

Lot Size

2026

Year Built

Listing Date: 09/02/2026

Listed by: Scott Coddington

Listing office: Pulse Real Estate Group LLC

Contact: 719-238-3536

Source: REcolorado #6041435

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$665,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$665,000
Your Down Payment$133,000
Financed$532,000
Estimated Monthly Payment$3,654

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($133,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,654/month
Principal + Interest
$3,054
Property Taxes
$259
Home Insurance
$341
Rental Income (1 Unit)
$2,127/month

From the listing description.

Rental Expenses
-$319
Cost to live here
$1,846/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 6041435 · Listing office: Pulse Real Estate Group LLC

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