For Sale Lot / Land MLS# 8066314

703 E Costilla Street

Colorado Springs, CO 80903

$399,000

pikes-peak-mls-colorado-springs-realtor-services-corp logo

About 703 E Costilla Street

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!

Property details

Property

Type
land
Lot
0.2181 ac
List date
Apr 9, 2026

Schools

District
Colorado Springs School District 11

Location

Subdivision
Hillside
Neighborhood
Hillside

Location

Neighborhood
Hillside
School district
Colorado Springs School District 11

Ask about this property

Questions on 703 E Costilla Street, Colorado Springs, CO 80903, or want to see it in person?

Listed by Daniel Jones, Better Homes and Gardens Real Estate Kenney & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.