Downtown Colorado Springs is undergoing a sustained revitalization, with Tejon Street and the surrounding blocks becoming a genuine urban destination. Walkability scores are the highest in the metro — coffee shops, restaurants, live music venues, galleries, and craft breweries are all steps away. Condos and loft units attract young professionals, remote workers, and military officers who want to skip the car commute to daily errands. The historic residential blocks surrounding downtown feature Victorian and early 20th-century homes that have attracted a wave of renovation buyers. Investors have also taken notice — downtown condos produce consistent rental demand.
Benefits & Considerations
- Highest walkability in the entire Colorado Springs metro
- Urban dining, arts, and entertainment district
- Condo entry points below most single-family options
- Strong long-term appreciation as revitalization continues
- D11 schools — variable quality by school
- Parking can be limited in some blocks
- Condo HOA fees add to monthly carrying costs
- Longer Fort Carson and Schriever commutes
Military Commute Times
Historic Homes in Downtown Colorado Springs
The residential blocks surrounding Downtown — particularly the streets west of Tejon and the Monument Valley Park corridor — contain some of Colorado Springs' most intact Victorian and early 20th-century architecture. These homes were built during the city's 1880s–1910s growth surge, when Colorado Springs was a resort destination attracting wealthy buyers from the East Coast and abroad.
What you'll find here: two- and three-story Victorian foursquares, Craftsman bungalows from the early 1900s, and Arts & Crafts homes with original woodwork, wide front porches, and proportions you won't replicate in new construction. Most date to 1890–1940 and sit on urban lots with mature trees.
Price range: Historic single-family homes in the downtown corridor typically run $400K–$700K+, depending on size, condition, and renovation quality. Move-in-ready renovated homes command premiums. Unrenovated homes in original condition offer the most upside — and the steepest learning curve.
Buyers considering a historic home here should plan for a specialized inspection. Knob-and-tube wiring, plaster walls, cast iron sewer lines, and older foundations are common in this era. None of these are dealbreakers — but each needs proper evaluation before you make an offer.
Learn what to expect when buying a historic home in Colorado Springs → | Inspection guide for historic homes →