228 Greenwood AvenueCanon City, CO 81212Price: $345,000

  • Price: $345,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $345,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 0.13Acreage
  • 2,016Square Feet
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Updated, well-maintained, and truly rent-ready, this Caon City duplex offers a strong investment opportunity on a convenient corner lot near Greenwood Avenue and 3rd Street. The property features approximately 2,016 square feet of total living space, a two-car garage, and a practical two-unit layout, believed to consist of two bedrooms and one bathroom per unit. Whether you're an investor, owner-occupant, or buyer seeking a house-hack opportunity, this property offers flexibility and long-term potential. Extensive updates have been completed with the goal of creating a durable, low-maintenance rental asset. The result is a clean and functional duplex that shows exceptionally well and is ready for immediate occupancy. Each unit offers comfortable living spaces, updated finishes, and an overall low-maintenance feel, while retaining select original features, including some windows and fiberglass shower surrounds. The property also presents multiple income opportunities. Previous ownership utilized one unit as a long-term rental and the other as a short-term rental, demonstrating the potential for a hybrid investment strategy. Buyers may choose to continue a combination of traditional and furnished rentals, and with the addition of amenities such as a hot tub or enhanced outdoor spaces, there may be further short-term rental potential. Conveniently located near downtown Caon City, schools, shopping, restaurants, and everyday services, this duplex benefits from a desirable location with consistent rental demand. Whether you're expanding your investment portfolio, seeking a turnkey multifamily property, or exploring flexible rental strategies, this property represents a compelling opportunity in the Caon City market.

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Listed by Erick Passmore of Century 21 Community First (erick@firstcolorado.com,614-440-9031)

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