523-525 N 5th Street

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Address: 523 N 5th St, Cañon City, CO 81212, USA
Phoenix & Southwest + Apartment Buildings
Created date: October 1, 2026
Date last updated: October 1, 2026
Price: $314,900Investment Analyzer NEW!

Property Description

Live in one and rent the other! "The Colorado House" offers a fantastic opportunity for both owner-occupants and investors in the heart of Canon City. Live in one unit while generating rental income from the second to help offset your monthly mortgage expense, or add this established duplex to your investment portfolio. Located just minutes from Main Street restaurants, shopping, and downtown amenities, this classic brick duplex combines historic character with thoughtful updates and a proven rental history. Each unit features one bedroom, generous living space, an updated kitchen, newer flooring, and well-maintained interiors that offer both comfort and character. Both units have their own separate fenced outdoor areas, giving each tenant or occupant valuable private space for relaxing, pets, or entertaining. A detached two-car garage provides additional parking and storage, adding even more versatility to the property. One Unit is currently occupied with a tenant on a month-to-month lease, giving the next owner flexibility whether the plan is continued rental income, owner occupancy, or a combination of both. A newer roof adds another significant update and peace of mind. Whether you're looking for an income-producing investment or a smart way to become a homeowner while having rental income help cover your housing costs, "The Colorado House" offers flexibility, character, and opportunity in a convenient Canon City location.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $314,900
Year Built: 1898
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 2
Number of Bathrooms: 2
Address: 523-525 N 5th Street, Canon City, CO 81212, USA
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Step 4Final Deal Analysis

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