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Land for Sale in Colorado Springs, Colorado

703 E Costilla St, Colorado Springs, CO 80903

$399,000
0.22 acres
Active sale
ago
Est $2,953/mo

Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!

Location

Street address
703 E Costilla St
School district
Colorado Springs 11
Elevation
5,995 feet
Coordinates
38.8275, -104.8131

Property details

Lot size
0.218 acres9,496 sq ft
MLS #
PPAR 8066314
Posted

Property taxes

2024
$3,155

Parcels

  • 6417312013

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Features
City View, Corner, Level, Mountain View, Vacant Land

Listing history

DateEventPriceChangeSource
Apr 9, 2026New listing$399,000PPAR
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This 0.218-acre property is located at 703 E Costilla St in Colorado Springs, CO 80903. The property is available for sale for $399,000.

Checked 1 hour ago — Updated

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Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Daniel Jones
Better Homes and Gardens Real Estate Kenney & Company
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