Selected for the Terner Labs Housing Venture Lab

3308 Hancock Avenue, Colorado Springs, CO 80907

Active
Listed 64 days ago
Owner-Occupant Eligible
$375,000

About $1,309 a month to live here, after the rent from the other home.

Duplex1,152 sqft4 beds2 bathsListed Sep 9, 2026

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

Live here for about

$1,309a month

The other home rents for $907. We hold back $177 of that for repairs and an empty month, and the rest goes toward a $2,039 monthly payment.

Income to qualify: about $49,000 a year

With how much down?

At 20% down ($75,000) 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 $52,000 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.

$13,125 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

3308 N Hancock Ave is a well located duplex in Colorado Springs offering an attractive opportunity for both owner occupants and investors. The property consists of two spacious two bedroom, one bathroom units, providing a total of four bedrooms and two bathrooms across the duplex. Each unit offers a functional floor plan with comfortable living spaces and dedicated bedroom areas, making the property well suited for the Colorado Springs rental market. The duplex provides investors with the opportunity to own a small multifamily asset with two separate income producing units while benefiting from the relative simplicity of a two unit property. Positioned in an established Colorado Springs neighborhood, the property provides convenient access to surrounding residential amenities, employment centers, retail, dining, and major transportation routes. The property's duplex configuration also offers flexibility for an owner occupant looking to offset their housing costs with rental income or an investor seeking to add a smaller multifamily asset to their portfolio. Property Highlights: -Duplex consisting of two 2-bedroom, 1-bathroom units -Four total bedrooms and two total bathrooms -Two separate income producing units -Functional layouts well suited for long term rental demand -Attractive option for both investors and owner occupants -Established Colorado Springs location -Opportunity to capture additional value through future rental growth and property improvements -Low unit count provides a straightforward management profile

Duplex

Property Type

1955

Year Built

Listing Date: 09/09/2026

Listed by: Andrew Stephens

Listing office: MODUS Real Estate

Contact: 720-496-8868

Source: REcolorado #2405699

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%
$375,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$375,000
Your Down Payment$75,000
Financed$300,000
Estimated Monthly Payment$2,039

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 ($75,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,039/month
Principal + Interest
$1,722
Property Taxes
$102
Home Insurance
$215
Rental Income (1 Unit)
$907/month

From the listing description.

Rental Expenses
-$177
Cost to live here
$1,309/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# 2405699 · Listing office: MODUS Real Estate

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