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Fixer-Upper with Bonus Rental Unit – Dual Living in Knob Hill!
Opportunity knocks in Colorado Springs! Located in the centrally located Knob Hill subdivision, this property offers not just one—but two homes on a single lot, each with their own private space and entrance.
The main house features 2 bedrooms and 1 bathroom and is in need of a full remodel—ideal for an investor or homeowner looking to build equity and make it their own. With great bones and tons of potential, you can reimagine this home into something truly special.
Behind a privacy fence sits a separate 1 bed, 1 bath guest house/mother-in-law unit, complete with its own entrance and utilities. The seller previously used both homes as separate rentals, making this an excellent investment opportunity or perfect for multigenerational living.
With easy access to downtown, schools, shopping, and more, this as-is property is a rare find with built-in income potential. Whether you're looking to live in one and rent the other, or renovate both for a high-return investment—this Knob Hill gem is ready for your vision.
Live in one, rent the other, or renovate both—your opportunity starts here!
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DRIVE TIME TO BASE
Nearby Military Facility(ies), Moderate Residential Turnover
| GreatSchools | School Name | Distance |
|---|---|---|
|
ST MARY'S HIGH SCHOOL Catholic - 9th Grade to 12th Grade - Closest High School |
0.5 Miles |
|
|
QUEEN PALMER ELEMENTARY SCHOOL Public - Preschool to 5th Grade - Closest Elementry School |
0.5 Miles |
|
|
DIVINE REDEEMER CATHOLIC SCHOOL Catholic - Preschool to 8th Grade - Closest Middle School |
0.7 Miles |
|
|
GRIFFITH CENTERS FOR CHILDREN Private - 5th Grade to 12th Grade |
0.8 Miles |
|
ROGERS ELEMENTARY SCHOOL Public - Preschool to 5th Grade |
0.9 Miles |
|
|
GALILEO SCHOOL OF MATH AND SCIENCE Public - 6th Grade to 8th Grade |
1.1 Miles |
|
COLUMBIA ELEMENTARY SCHOOL Public - Preschool to 5th Grade |
1.2 Miles |
Property Summary: Located in the Knob Hill subdivision, 519 Prairie Road is a Single Family home for sale in Colorado Springs, CO 80909, listed at $267,770. Current listing information about 519 Prairie Road indicates the property features, 2 beds, 1 baths, and has approximately 750 square feet of living space, with a lot size of 0.17 acres, and was originally constructed in 1935. The current price per square foot is $357. The average price per square foot for properties in 80909 is $236. The average list prices for similar properties for sale is $418,332. To schedule a private showing of MLS# 9639889 at 519 Prairie Road in Knob Hill, contact your Colorado Springs real estate team at 719-338-7294.
