228 Greenwood AveCanon City, CO 81212
Canon City · Fremont County
Description
Updated, well-maintained, and truly rent-ready, this Canon 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 Canon 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 Canon City market.
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Year built
- 1979
- Living area
- 2,016 Sq Ft
- Lot size
- 0.13 acres
- Garage spaces
- 2
- Days on market
- 76
- MLS® Listing#
- 1586996
Property Features
- Appliances
- Dishwasher · Refrigerator · Washer · Dryer · Microwave · Disposal
- Heating
- Forced Air
- Basement
- Crawl Space
- Parking
- Off Street
- Fencing
- Partial
- Lot features
- Paved
- Construction
- Frame · Wood Siding
- Roof
- Composition
- Sewer
- Public Sewer
- Water source
- Public
Rooms
Main
- Primary Bedroom
- Bedroom 2
Upper
- Bedroom 3
- Bedroom 4
- Kitchen
- Living Room
Schools
- Elementary
- Washington
- Middle
- Harrison
- High
- Canon City
Financial Details
- HOA
- None
- Annual taxes
- $1,782Tax year 2025
Directions
From Highway 50 and 3rd street. Head north on 3rd street. Property is on the corner of greenwood and 3rd. Look for sign.
Canon City Market Statistics
How this home compares to 376 active listings in Canon City, CO
| Canon City median | This listing | |
|---|---|---|
| Median listing price | $405,607 | $339,900 |
| Median days on market | 73 | 76 |
| Median Sq Ft | 1,780 | 2,016 |
| Median price / Sq Ft | $220 | $169 |
Market statistics compiled from active EXIT Realty® and MLS listings in Canon City, CO.
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 806 Greenwood Avenue, Canon City, CO | $315,000 | 4 | 2 | 2,080 |
| 1327 Greenwood Avenue, Canon City, CO | $360,000 | 4 | 2 | 1,810 |
| 503 Forest Avenue, Canon City, CO | $315,000 | 4 | 3 | 1,479 |
| 400 N 12th Street, Canon City, CO | $344,900 | 3 | 2 | 1,632 |



















