80903 Homes under $500,000

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Newest 80903 Homes under $500,000

$499,900

4 Beds ⋅ 1 Baths ⋅ 1,744 SqFt. ⋅ ACTIVE Status

Downtown living with separate additional dwelling unit. Discover timeless character and thoughtful updates in this charming home located in the established Shooks Run neighborhood. Ideally positioned near downtown, this location offers a unique blend of historic charm and everyday convenience with easy access to local shops, dining, parks, golf and cultural attractions. Inside, beautiful original hardwood floors bring warmth and character throughout, complemented by stunning stained glass accents that fill the home with natural light and architectural charm. The gorgeous updated kitchen offers a fresh, functional space designed for both everyday living and entertaining. Adding to the home’s versatility is a detached accessory dwelling unit, providing flexible options for guests, a private workspace, or additional living space. Tastefully done with an inviting fireplace that offers coziness and functionality. Additionally in the backyard you’ll find a Tuff Shed for added storage and organization, along with an automatic sprinkler system for easy maintenance. Set in a neighborhood rich with history and a strong sense of community, this home offers the perfect balance of comfort and connection. With classic details, modern updates, and a location just minutes from downtown, this is a rare opportunity to enjoy Colorado Springs living at its best.

619 N Cedar St, Colorado Springs

Courtesy of 8Z Real Estate LLC. (303) 543-3083

$435,000

3 Beds ⋅ 2 Baths ⋅ 1,440 SqFt. ⋅ ACTIVE Status

Welcome home to this beautifully updated 3-bedroom, 2-bathroom property situated on a corner lot near Memorial Park! From the moment you arrive, you’ll love the inviting front porch, perfect for enjoying your morning coffee or relaxing at the end of the day. Inside, you’ll find a fresh, modern feel with new paint and new flooring throughout. The updated kitchen features brand-new appliances, including a dishwasher, stove, microwave, and refrigerator. The basement has a brand new washer/dryer combo making this home truly move-in ready. The home also offers a 1-car garage and a convenient location close to Memorial Park, Downtown, shopping, dining, recreation, and all that Colorado Springs has to offer. With its charming curb appeal, thoughtful updates, and convenient location, this home is ready for its next chapter.

947 E Costilla St, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$339,500

2 Beds ⋅ 1 Baths ⋅ 781 SqFt. ⋅ ACTIVE Status

This adorable home is completely brand new inside and ready to enjoy, offering a charming front porch and a side deck perfect for relaxing in the quiet neighborhood. The living room features a modern horizontal electric fireplace with multiple settings and halo recessed lighting above. The spacious kitchen includes a large center island with counter bar seating, stylish pendant lighting, a desirable farm sink, granite countertops throughout, and all brand-new stainless appliances including a gas range, microwave, French-door refrigerator, and dishwasher. Laundry hookups are conveniently located at the end of the hallway. The hall bathroom offers a beautifully tiled shower with an oversized bathtub and a fog-free backlit mirror. Interior access leads to the unfinished basement, where you’ll find the new furnace and new electric water heater. The foundation has been professionally repaired and includes a lifetime warranty. This home is located near downtown Colorado Springs and close to Memorial Park, which features a lake for swimming and fishing, an indoor pool, skate park, velodrome, indoor ice rink, and more. The property also sits on a wider street than others in the area, adding to its appeal and convenience. There are no 2nd bedroom photos since it was being remodeled when photos were taken.

908 E Cimarron St, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$385,000

3 Beds ⋅ 3 Baths ⋅ 1,409 SqFt. ⋅ ACTIVE Status

Charming Downtown Townhome Across from Shooks Run Park! Welcome to this exceptional 2-bedroom, 1.5-bathroom end-unit townhome in Colorado Springs’ desirable Shooks Run neighborhood! Offering 1,405 total square feet across multiple levels, this home combines low-maintenance living with an unbeatable location just minutes from downtown. Step inside to a bright, open-concept main level featuring beautiful hardwood floors, a cozy fireplace, and plenty of natural light. The living area flows seamlessly into the dining space and kitchen, which includes a range, refrigerator, and dishwasher. A convenient half bath completes the main level. Upstairs, you’ll find two spacious bedrooms, a full bathroom, and a versatile loft with dramatic vaulted ceilings. Use the loft as a home office, reading area, creative space, or whatever best suits your lifestyle. The finished 313-square-foot basement provides even more flexible living space—perfect for a family room, media area, home gym, or hobby space. The unfinished utility area offers additional storage and includes the washer and dryer. Enjoy Colorado’s beautiful seasons from the private, fenced rear patio, ideal for morning coffee or weekend gatherings. Assigned parking is conveniently located just steps from the home, with additional street parking available for guests. The location is hard to beat! Directly across from Shooks Run Park and the Middle Shooks Run Trail, you’ll have easy access to outdoor recreation while remaining close to downtown Colorado Springs. Enjoy nearby dining, shopping, nightlife, Acacia Park, Memorial Park, and Colorado College. Adding to the appeal, there are no Metro District taxes, and the Franklin Square Townhomes HOA provides exterior maintenance, including roofing and gutters, along with grounds and landscaping care. Enjoy the convenience of a well-maintained community and true low-maintenance living in a prime location!

645 N Franklin St, Colorado Springs

Courtesy of TRELORA Realty. 720-410-6100

525 E Cache La Poudre St, Colorado Springs

$415,000

2 Beds ⋅ 1 Baths ⋅ 1,111 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Discover the perfect blend of timeless charm and modern comfort in this impeccably maintained home. Boasting two bedrooms and one bath, this residence is move-in ready and filled with character at every turn. The interior features stunning, natural hardwood floors throughout and showcases gorgeous coffered ceilings in both the living and dining areas, creating an inviting atmosphere perfect for both relaxing and entertaining. Every detail of this home reflects the care and love poured into it by its current owners. Situated on a desirable corner lot, the property offers a generous yard beautifully landscaped. The exterior space is a major highlight, featuring a detached one-car garage and additional space that provides excellent potential for RV parking, a second garage, or extra storage. Ideally located with close proximity to downtown, this home offers the perfect balance of peaceful living and urban convenience. Don’t miss the opportunity to own this unique, well-loved gem. Schedule your tour today!!

525 E Cache La Poudre St, Colorado Springs

Courtesy of NAV Real Estate. 720-379-3445

$349,000

3 Beds ⋅ 1 Baths ⋅ 1,554 SqFt. ⋅ ACTIVE Status

Original 1898 detail and a kitchen that has already been done: that combination is hard to find in central Colorado Springs, and it is what sets this East End home apart. Crown molding in the living and dining rooms, eight-inch baseboards, hand-textured walls, wood floors, and an ornamental fireplace in the main-level bedroom are all still here. The kitchen was rebuilt around white cabinetry, high ceilings and a center island, with two oriel windows that pull in morning light, under-cabinet lighting, and more storage than a house this age usually offers. Double-pane vinyl windows throughout, window treatments included, and an updated bath with a tile shower surround. Upstairs, the bedrooms look out to Cheyenne Mountain. The unfinished basement holds a workshop and storage setup that stays with the home. Outside, a fully fenced yard with six-foot privacy fencing, alley access, and a detached one-car garage reached by a driveway shared with the neighbor. Kitchen appliances are included. The lot is 7,300 square feet and zoned R-2, which opens the door to a second unit or a larger garage down the line. Switchback Coffee Roasters is on the same block, Memorial Park and Prospect Lake are two blocks south, UCHealth Memorial Hospital Central and Hillside Gardens are minutes away, and downtown is a short bike ride west. Three bedrooms, one bath, 1,554 finished square feet, and the kind of intact character that does not come back once it is gone.

842 E Platte Ave, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

$395,000

3 Beds ⋅ 4 Baths ⋅ 1,850 SqFt. ⋅ ACTIVE Status

This lovely townhome offers a stellar location in south downtown on a quiet street. It is an end unit with only one common wall, windows on three sides, and south-facing with views of Cheyenne Mountain from two of the four balconies. The mail box and small common area, great for pets, are directly adjacent to the unit. Two parks are located within a half-block. The unit itself opens onto a home office/studio and half-bath with direct access to the two-car private garage. On the second floor you will find hardwood floors extending throughout. Here you will find the open living and dining areas with gas-burning fireplace, spacious kitchen that extends to a space for casual dining or den, plus the second powder room. Off the kitchen is a 5’ x 15’ balcony. On the third level are the primary bedroom with dual sinks, separate tub and walk-in closet, two additional bedrooms with a shared bath, and the laundry closet. Easy parking out front for guests. All of this and low HOA fees.

340 E Fountain Blvd, Colorado Springs

Courtesy of The Platinum Group. 719-536-4444

621 E Cache La Poudre St, Colorado Springs

$409,000

3 Beds ⋅ 2 Baths ⋅ 1,387 SqFt. ⋅ ACTIVE Status

Updated 3BR/2BA ranch in a fantastic central Colorado Springs neighborhood, near Colorado College and downtown. This truly charming home embodies the character of an established neighborhood and extensive overall inside and outside improvements. Recent renovations include new xeriscaped front yard, everybody friendly backyard, new flooring, new interior and exterior paint and it all compliments the already bright, open main level layout. Added modern upgrades include a new furnace, mini-split heating/cooling, plus a three year old sewer line. Kitchen, dining, and living areas flow together for easy everyday living. This move in ready home offers nearly new and brand new applicances in the kitchen and laundry. The backyard is private and provides a new 10X16 Tuff Shed for additional storage along with a complete playset for kids. The home borders or is very close to Shooks Run Park and playground, hiking and biking trails as well as access to additional meighborhood recreation, Colorado College, downtown shopping, dining and entertainment. Nearby schools are some of District 11's best! The private primary suite offers a walkin closet and attached en suite bath. Two additional bedrooms and 3/4 bath are also included. The Laundry room is on the main level near laundry generating bedrooms. Finally, the fully fenced backyard with level space for pets, play, or outdoor entertaining is a major bonus.

621 E Cache La Poudre St, Colorado Springs

Courtesy of Mountain Peak Realty LLC. 719-650-1012

$300,000

1 Beds ⋅ 1 Baths ⋅ 637 SqFt. ⋅ ACTIVE Status

Great starter home or excellent rental/Airbnb opportunity in a prime central Colorado Springs location! This light & bright ranch-style home offers simple, low-maintenance living with a practical layout and thoughtful updates. The main level features durable modern flooring, a comfortable bedroom with direct access to the bathroom, and a welcoming kitchen with updated countertops, newer appliances, and convenient eat-in space. The basement provides a non-conforming second bedroom plus additional storage, offering flexibility for guests, hobbies, or a home office. Outside, the fully fenced lot includes a low-maintenance backyard that is easy to enjoy and care for. Step outside and you may even catch stunning views of Pikes Peak, while wintertime can bring occasional wildlife sightings across the street. New attic insulation added in 2023 and a water heater replaced in 2018 provide added peace of mind. The location is truly hard to beat! Enjoy easy access to Memorial Park, downtown Colorado Springs, Colorado College, Patty Jewett Golf Course, Memorial Hospital, and the U.S. Olympic & Paralympic Training Center. Charming shops, trendy restaurants, parks, entertainment, and everyday conveniences are all close by, with plenty of options within walking distance. Whether you're looking for an easy-to-maintain starter home, a centrally located rental, or an investment opportunity, this charming property puts you close to all that Colorado Springs has to offer.

1013 E Platte Ave, Colorado Springs

Courtesy of Redfin Corporation. 520-744-6917

$459,000

6 Beds ⋅ 3 Baths ⋅ 2,282 SqFt. ⋅ ACTIVE Status

This is the home you've been waiting for! Located minutes from downtown Colorado Springs, Shooks Run Trail, Colorado College, and all the shopping and dining you need. This 2 story, 6 BED/3 BATH historic home sits on a corner lot with a huge covered front porch. Upon entry take in the endless character, beautiful hardwood floors, and high ceilings. To the right you'll find a large carpeted living room with lots of natural light. Down the hall you'll find the separate dining room and kitchen with large window and walk-out to the side of the home. A full AND 3/4 bath as well as 3 bedrooms, one of which has it's own private entry, complete the main level. Next, head upstairs for 2 additional bedrooms, full bath and of course the large primary bedroom. Need more space? Check out the unfinished basement! This area is waiting for your personal touch and has endless potential. Truly, a one-of-a-kind opportunity! Book your showing and see for yourself!

502 E Boulder St, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$250,000

2 Beds ⋅ 1 Baths ⋅ 612 SqFt. ⋅ ACTIVE Status

Charming home located across from the police station in the heart of downtown Colorado Springs. This delightful freshly painted and updated 2-bedroom home offers a perfect blend of comfort and convenience. The spacious kitchen is perfect for preparing your favorite meals, while the bright living room provides a cozy space to relax. Whether you're enjoying the vibrant downtown scene or relaxing, this home offers a great opportunity to experience the best of Colorado Springs. Perfect for those seeking a low-maintenance lifestyle in an unbeatable location!

619 S Weber St, Colorado Springs

Courtesy of Kimberly Lockett Real Estate Group Inc. (719) 229-5208

$399,000

3 Beds ⋅ 4 Baths ⋅ 2,371 SqFt. ⋅ ACTIVE Status

Assumable 3.00% VA loan for qualified veteran buyers! Take over the seller's rate on this 3-bed, 4-bath end-unit townhome with 2,300+ sq ft and a 2-car attached garage. Space, style, and an unbeatable downtown location — this 3-bed, 4-bath, 3-story townhome checks every box. With over 2,300 square feet, this end unit gets extra windows that flood every room with natural light. Step outside to one of four private balconies to take in Colorado mornings and mountain views. The primary suite is a true retreat, featuring a 5-piece ensuite with a soaking tub, dual vanities, and a spacious walk-in closet — with laundry conveniently located right next to the bedrooms. The kitchen got a refresh in 2026 with newly painted cabinets and updated countertops, and recent updates throughout the home include new carpet (2023), updated bathroom flooring on the 2nd and 3rd floors (2026), a new furnace (2023), and a 2020 water heater. Storage won't be a problem here either, with a 2-car garage and a brand-new garage door opener — a rare find for downtown. Location seals the deal: half a mile to Weidner Field, home to Switchbacks FC, and minutes to Tejon Street, downtown dining, coffee shops, and the Pikes Peak Center. Downtown living has never looked this good. Eligible veteran buyers can assume the existing VA loan at 3.00% with a balance of about $343,600 and a current payment of about $2,051/mo (PITI). The buyer must substitute their VA entitlement and qualify with the servicer. The gap to the new list price of $399,000 is about $55,400. Ask your agent for details.

848 Wahsatch Ridge Pt, Colorado Springs

Courtesy of The Platinum Group. 719-536-4444

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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.