Colorado Springs CO Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
3,077
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
8890705
Subdivision:
Casa Grande Sub Fil No 1

ADDITIONAL INFORMATION

Capstone is pleased to introduce 1120 Mazatlán Circle, a freshly remodeled 4-unit multifamily property in Colorado Springs, listed by Capstone Apartment Partners. This investment opportunity features spacious two-bedroom units equipped with in-unit washers/ dryers and functional fireplaces, enhancing tenant comfort. The property also offers ample off-street parking and is conveniently located near trendy shopping and dining areas with easy access to I-25.

Type:
Cluster
Sq.Ft.:
3,381
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1969
Baths:
MLS#:
3985986
Subdivision:
Park Hill

ADDITIONAL INFORMATION

Unique Properties is pleased to present 17 University Drive, a fully occupied Colorado Springs 4-Plex offering spacious and well-maintained2-bedroom, 1-bathroom units. Two of the units have recently been upgraded with modern kitchen cabinets and countertops, whilethe remaining units provide immediate potential for appliance upgrades and kitchen renovations to enhance appeal and increasefuture income. Additionally, the attached storage closet, equipped with existing hookups, offers an opportunity to add on-site laundryfacilities. The building’s exterior is in excellent condition, requiring no upfront investment. This property presents a great opportunity, synergizing a well-maintained building that has a great potential for value enhancement.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
5421670

ADDITIONAL INFORMATION

Great little condo with an open floor plan with wood burning fireplace. Bathed in natural light with south facing windows. Enjoy the sunset on your own private balcony with peek-a-boo views of Pikes Peak. In addition to your own private balcony there is a storage unit attached that adds an extra 50 ft.². Enjoy the convenience of having your own large capacity washer/dryer in unit, full-size water heater, sink disposal, and dishwasher. There is a dining area that overlooks the balcony as well as ample counter space for up to four barstools for entertaining. Bedroom also features south facing window and plenty of room for queen or king size bed with attached walk-in closet. Location is conveniently located between downtown Colorado Springs and the airport yet nestled between green spaces with parks and golf courses. Shopping and dining just a minute away on Academy Blvd and Hwy 24 makes commuting a breeze. Convenient to hospitals and military bases.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1969
Baths:
MLS#:
5031982

ADDITIONAL INFORMATION

Terrific opportunity for a turn key four-plex in the heart of town. All 4 units have been tastefully remodeled with durable materials that will ensure longevity in your investment for years to come. The property features 7 bedrooms in total, with 3x two bedroom one bath units (units 1,3,4), and a 1x single bedroom single bath unit (Unit #2). Laundry room on site for tenant convenience as well as ample parking in the rear of the building and on the street. BRAND NEW: roof, windows, furnace and electrical panel upgrades all in 2024! All units are currently vacant, and ready to have 100% control over your investment!

Type:
Cluster
Sq.Ft.:
3,381
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
7702817
Subdivision:
Colorado Springs

ADDITIONAL INFORMATION

135 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.

Type:
Cluster
Sq.Ft.:
3,381
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
2215654
Subdivision:
Colorado Springs

ADDITIONAL INFORMATION

127 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.

Type:
Cluster
Sq.Ft.:
3,573
Status:
Active
Beds:
14
Lot size:
0.24 Acres
Year built:
1969
Baths:
4.00
MLS#:
8191667
Subdivision:
Prospect Park

ADDITIONAL INFORMATION

903 Boggs Pl, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, four new force air furnaces and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 903 Boggs Pl presents a turnkey investment opportunity with immediate cashflow. Four of the units are fully leased through 2024. This property offers a 8.05% cap rate and 8.32% cash on cash return! For investors looking for more scale this ownership group is also offering 2115 Preuss Rd, 2123 Pruess Rd, 2135 Pruess Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.

Type:
Cluster
Sq.Ft.:
3,832
Status:
Active
Beds:
8
Lot size:
0.19 Acres
Year built:
1972
Baths:
4.00
MLS#:
7975232
Subdivision:
Ruskin Square

ADDITIONAL INFORMATION

Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!

Type:
Cluster
Sq.Ft.:
3,564
Status:
Active
Beds:
8
Year built:
1972
Baths:
4.00
MLS#:
2766092
Subdivision:
Park Hill

ADDITIONAL INFORMATION

Amazing opportunity to occupy one of the units and rent the remaining units for your first investment or invest as an income producing property! This is the best valued 4-unit property in Colorado Springs on the market right now. Call listing broker with any questions or if you'd like to set up a showing. Large 2 bedroom and 1 Bath Units. Two renovated units including LVT flooring, carpet, cabinets and paint. Off-Street Parking. Property located in a quiet cul-de-sac close to the COS Airport and Amazon Distribution Center. Working Fireplaces in each unit. 2 year old Roof. Close to market rents. Upside to charge tenants for Utilities.

Type:
Duplex
Sq.Ft.:
1,640
Status:
Active
Beds:
3
Lot size:
0.11 Acres
Year built:
1915
Baths:
2.00
MLS#:
8377134
Subdivision:
Prospect

ADDITIONAL INFORMATION

* OWNER OCCUPIED OPPORTUNITY! One unit is Vacant and ready to move in! The 2bedroom unit is leased for $1675 / Month.The Partially occupied Duplex in Prospect neighborhood near Memorial Park and Prospect Lake. Desirable location convenient to downtown and the new Switchback Stadium! Each unit has a washer / dryer. Nicely finished with Granite, linoleum, Tile, Vinyl, carpet and nice appliances for your tenants.

Type:
Multi-Family
Sq.Ft.:
3,111
Status:
Active
Beds:
3
Year built:
1969
Baths:
MLS#:
1735356
Subdivision:
Colorado Springs

ADDITIONAL INFORMATION

Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious, 2-bedroom, 1-bathroom apartments. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.

Type:
Multi-Family
Sq.Ft.:
3,111
Status:
Active
Beds:
3
Year built:
1969
Baths:
MLS#:
4180263
Subdivision:
Colorado Springs

ADDITIONAL INFORMATION

Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.

Type:
Multi-Family
Sq.Ft.:
3,111
Status:
Active
Beds:
2
Year built:
1969
Baths:
MLS#:
2881827
Subdivision:
Colorado Springs

ADDITIONAL INFORMATION

Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listing information Copyright 2024 Pikes Peak REALTOR® Services Corp. The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.


Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES



Colorado Springs Real Estate

The median home value in Colorado Springs, CO is $277,800. This is lower than the county median home value of $279,700. The national median home value is $219,700. The average price of homes sold in Colorado Springs, CO is $277,800. Approximately 55.31% of Colorado Springs homes are owned, compared to 39.02% rented, while 5.67% are vacant. Colorado Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colorado Springs real estate agent to arrange a tour today!

Colorado Springs, Colorado 80910 has a population of 450,000. Colorado Springs 80910 is more family-centric than the surrounding county with 42.01% of the households containing married families with children. The county average for households married with children is 35.65%.

The median household income in Colorado Springs, Colorado 80910 is $58,158. The median household income for the surrounding county is $62,535 compared to the national median of $57,652. The median age of people living in Colorado Springs 80910 is 34.6 years.

Colorado Springs Weather

The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 18.5 inches per year, with 60.8 inches of snow per year.

Colorado Springs Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    112
    30-day change

Colorado Springs Schools and Demographics

Education near Colorado Springs, CO

Metric City County
High School Graduates 93.22 93.69
College Degree - 2 year 10.56 11.23
College Degree - 4 year 38.43 37.28
Graduate Degree 11.59 11.52
Expenditures per Student 9,886 8,333
Students per Teacher 16.9 16.9

Elementary Schools near Colorado Springs, CO

School Grades Students P/T Ratio ZIP
Bricker Elementary School PK - 05 399 14.8 80916
Centennial Elementary School PK - 05 540 16.5 80910
Colorado Springs Charter Academy KG - 08 504 16.7 80909
James Irwin Charter Elementary School KG - 05 519 24.7 80916
Madison Elementary School PK - 05 397 17.2 80909
Monroe Elementary School PK - 05 491 15.1 80910
Monterey Elementary School PK - 05 438 16.5 80910
Mountain Vista Community School PK - 08 762 21.7 80910
Pikes Peak Elementary School PK - 05 413 14.8 80910
Rogers Elementary School KG - 05 362 16.4 80910
Roosevelt Edison Charter School KG - 05 719 15.6 80910
Sand Creek Elementary School PK - 05 486 15.2 80916
Soaring Eagles Elementary School PK - 05 549 18.3 80916
Space Technology and Arts Academy (Star Academy) KG - 08 360 9.9 80910
Twain Elementary School PK - 05 483 14.3 80909
Wildflower Elementary School PK - 05 494 17.6 80916

Middle Schools near Colorado Springs, CO

School Grades Students P/T Ratio ZIP
Carmel Middle School 06 - 08 394 14.3 80910
Cheyenne Mountain Junior High School 07 - 08 601 15.3 80905
Galileo School of Math and Science 06 - 08 487 14 80909
Jack Swigert Aerospace Academy 06 - 08 486 14.1 80909
James Irwin Charter Middle School 06 - 08 438 16.5 80916
North Middle School 06 - 08 706 17.8 80903
Panorama Middle School 06 - 08 544 18.4 80916

High Schools near Colorado Springs, CO

School Grades Students P/T Ratio ZIP
James Irwin Charter High School 09 - 12 413 19.1 80916
Mitchell High School 09 - 12 1,299 15.9 80909
Palmer High School 09 - 12 1,976 19.9 80903
Sierra High School 09 - 12 853 20.3 80916

Ungraded Schools near Colorado Springs, CO

School Grades Students P/T Ratio ZIP
* Community Prep Charter School 09 - 12 257 26.1 80903
* Early College High School 09 - 12 116 13.4 80909
* Life Skills Center of Colorado Springs 09 - 12 251 24.3 80910
* The Bijou School 09 - 12 122 13.3 80909
Achieve Online 06 - 12 233 17.3 80909
Atlas Preparatory School 05 - 10 684 20.3 80916
Colorado School for the Deaf and Blind PK - 12 214 5.4 80903
Nikola Tesla Education Opportunity Center 06 - 12 216 9.6 80909
Pikes Peak Prep KG - 12 299 19.9 80903

Demographics near Colorado Springs, CO 80910

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 450,000 674,826
Population Density 2,308 317
Median Age 34.6 34
People per Household 2.5 2.6
Median Household Income 58,158 62,535
Average Income per Capita 31,333 31,217