321 Graceland Grove
Colorado Springs, CO 80904
Description
Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property—perfect for multi-generational living, house hacking, or maximizing rental income.
Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard—ideal for tenants or personal use.
Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area—an ideal layout for long-term rental or guest accommodations.
Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, you’ll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom.
Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience.
Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures—all blending contemporary style with comfort.
With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.
Property Details
- Exterior FeaturesMasonite Type, Stucco, Wood
- School DistrictColorado Springs 11
- RoofComposite Shingle
- RegionColorado Springs
- Property TypeMulti-Family
- CountyEl Paso
- MLS #8221419
- Cost1400000
- Property SubtypeSF Home
- MLS #8221419
- Year Built2006
Location
Legal
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.
Last Updated:Â . Source: PPMLS
Listing Courtesy
Listing Agent: Nathan Johnson ABR CRS GRI MRP Â (#016472), Phone: 719-209-5316, Email: natej30remax@gmail.com
Listing Office: RE/MAX Real Estate Group LLC (#00055802)

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