Centrally located, 2-story, Victorian home with oversized, detached, 2-car garage and a 1-bedroom apartment above the garage for Income Potential or multi-generational living! Main home can be used as a 3-bedroom with attached sitting rooms and an office on the main level or a 5-bedroom home! This early 1900's home just outside downtown, offers cozy sunrooms, 10-foot ceilings, unique little nooks as well as convenient upgrades. Plus, the Switchbacks Coffee Shop is just a few steps away! The original hardwood floors throughout, the heated floor in the main-level bathroom, the updated kitchen with beautiful quartz countertops and luxury vinyl flooring blends the old with the new in the best way. There is zoned heating and cooling with 3 separate mini-splits, and separate furnaces for each floor, plus ample closets and many windows. The apartment above the separate garage (built in 2015), has its own entrance, private off-street parking, modern open layout, vaulted ceilings, custom adjustable blinds, central heat & A/C, marble countertops and luxury vinyl flooring. It is fully furnished, and is currently used as a successful vacation rental, offering an opportunity for additional income if desired. All apartment furnishings can be purchased separately, making this flexible space move-in ready or customizable to your needs. Washer, dryer and all major appliances are included in both the home and the apartment for added convenience. The garage features extra storage, a workbench, making it ideal for hobbies and projects, and 220 power for EV car charging. Step outside to the back yard to a good-sized patio & landscaping featuring mature perennials and raised garden beds. Also included is a custom gas fire-pit surrounded by hand-made wooden seats. With timeless details and modern touches, this property offers charm, space, and extra income potential all in one!
Sold for $700,000 on 10/03/25
$700,000
319 N Institute St, Colorado Springs, CO 80903
5beds
2,404sqft
Single Family Residence
Built in 1905
6,499.15 Square Feet Lot
$685,800 Zestimate®
$291/sqft
$2,481 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2025 at 10:15am
Listed by:
Victoria Labecki 719-757-5333,
8Z Real Estate LLC
Bought with:
Non Member
Non Member
Source: Pikes Peak MLS,MLS#: 7924140

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Basement
- Area: 176
Heating
- Forced Air, Natural Gas, See Prop Desc Remarks
Cooling
- Ceiling Fan(s), Other, Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave, Range, Refrigerator, Washer
- Laundry: Electric Hook-up, Main Level, Upper Level
Features
- 9Ft + Ceilings, Crown Molding, French Doors, Vaulted Ceiling(s), High Speed Internet
- Flooring: Wood, Luxury Vinyl
- Basement: Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 2,404
- Total interior livable area: 2,404 sqft
- Finished area above ground: 2,228
- Finished area below ground: 176
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Oversized, Workshop in Garage, Garage Amenities (Other), See Remarks, Gravel Driveway
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Back Yard
- Has view: Yes
- View description: Mountain(s), View of Pikes Peak
Lot
- Size: 6,499 sqft
- Features: See Remarks, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
Details
- Additional structures: Storage
- Parcel number: 6417202008
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Foundation: Crawl Space
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: 220 Volts in Garage
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$685,800