225 N Cedar Street, Colorado Springs 80903 - MLS #7244029

$540,000

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3 Beds
3 Baths
2,249 Sqft
.14 Acres
2 Garages

Colorado Springs 11

School District

Active

Status

$1,431

Total Taxes

1901

Year Built


Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping.
With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!

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Essential Information
MLS® #7244029
Price$540,000
Property Tax$1,431
Bedrooms3
Bathrooms3.00
Full Baths2
Square Footage2,249
Main Floor SqFt1,029
Upper Floor SqFt406
Basement SqFt840
Acres0.14
Year Built1901
TypeResidential
Sub-TypeSingle Family
StatusActive
Community Information
Address225 N Cedar Street
AreaAdams & Mcdonalds
CountyEl Paso
StateCO
Zip Code80903
Amenities
Parking Spaces2
# of Garages2
Garage TypeDetached
Utilities

Electricity Connected, Natural Gas Connected

Miscellaneous

Auto Sprinkler System, High Speed Internet Avail., RV Parking, Window Coverings

Interior
HeatingElectric, Forced Air
Master Bedroom on Main LevelY
Has BasementYes
Basement Completion97
BasementPartial Basement
Interior Features

9Ft + Ceilings, Skylight (s), Vaulted Ceilings

Appliances

Dishwasher, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Cooling

Ceiling Fan(s), Evaporative Cooling

Floors

Carpet, Ceramic Tile, Luxury Vinyl

Exterior
WindowsVinyl
RoofComposite Shingle
ConstructionStucco
Lot Location

Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center

School Information
DistrictColorado Springs 11
ElementaryColumbia
MiddleNorth
HighPalmer
Additional Information
Date ListedJune 9th, 2026
FinancingCash, Conventional, FHA, VA
HOA Fees Freq.Not Applicable
Listing Details
OfficeRE/MAX Real Estate Group LLC
Property History
Price Reduced from $545,000 to $540,000$5,000(0.92%)
Price Reduced from $550,000 to $545,000$5,000(0.91%)
Price Reduced from $559,999 to $550,000$9,999(1.79%)

225 N Cedar Street Neighborhood Information

Nearby Military Facility(ies), Stable Population, Moderate Residential Turnover

Nearby Locations

  • Nearest Airport

    • 6 milesCity Of Colorado Springs Municipal
  • Nearest College

    • 1 miles Intellitec College
  • Nearest University

    • 1 milesColorado College
  • Nearest Sports Team

    • 7 milesColorado Springs Sky Sox (aaa)

Weather & Climate

  • Highs

    • January 41.70℉
    • July 84.40℉
  • Lows

    • January 14.50℉
    • July 54.80℉
  • Precipitation

    • 17.40"

Schools Near 225 N Cedar Street MLS #7244029

GreatSchools School Name Distance

COLORADO SCHOOL FOR THE DEAF AND BLIND

Public - Preschool to - Closest Elementry School
0.2 Miles

COLUMBIA ELEMENTARY SCHOOL

Public - Preschool to 5th Grade
0.3 Miles

GRIFFITH CENTERS FOR CHILDREN

Private - 5th Grade to 12th Grade
0.5 Miles

DIVINE REDEEMER CATHOLIC SCHOOL

Catholic - Preschool to 8th Grade - Closest Middle School
0.7 Miles

COMMUNITY PREP CHARTER SCHOOL

Public - 9th Grade to 12th Grade
0.8 Miles

PALMER HIGH SCHOOL

Public - 9th Grade to 12th Grade - Closest High School
0.9 Miles

NORTH MIDDLE SCHOOL

Public - 6th Grade to 8th Grade
0.9 Miles

Amenities Near 225 N Cedar Street MLS #7244029

Property Summary for: MLS# 7244029

Property Summary: Located in the Adams & Mcdonalds subdivision, 225 N Cedar Street is a Single Family home for sale in Colorado Springs, CO 80903, listed at $540,000. Current listing information about 225 N Cedar Street indicates the property features, 3 beds, 3 baths, and has approximately 2,249 square feet of living space, with a lot size of 0.14 acres, and was originally constructed in 1901. The current price per square foot is $240. The average price per square foot for properties in 80903 is $354. The average list prices for similar properties for sale is $501,995. To schedule a private showing of MLS# 7244029 at 225 N Cedar Street in Adams & Mcdonalds, contact your Colorado Springs real estate team at 719-338-7294.