Residential Income · Active
Colorado Springs, CO 80907
8 Beds · 4 Baths · 3,282 Sq Ft
$695,000
Quadruplex
Property Type
0.19 acres
Lot Size
1971
Year Built
$212
Price per Sq Ft
16
Parking Spaces
2763154
MLS #
About This Property
Welcome to a turnkey income property at a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person.
The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents.
Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.
7 days on market
Listed by Nathan Crumb · Keller Williams Realty DTC LLC · (303) 771-7500
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Active |
| Price per Sq Ft | $212 |
| MLS # | 2763154 |
| Days on Market | 7 |
| Bedrooms | 8 |
| Year Built | 1971 |
| Lot Size (Sq Ft) | 8,300 |
| Acres | 0.1905 |
| Annual Taxes | $2,302 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Baseboard, Hot Water |
| Cooling | Other |
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer |
| Total Parking | 16 |
| Roof | Composite Shingle |
| Construction | Wood Siding, Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional, FHA, Owner May Carry, VA Loan |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/28/2026 |
Price change Source: REcolorado® #6746365 |
$675,000 -2.9% $206/sqft |
| 10/21/2026 |
Listed for sale Source: elevateMLS #2763154 |
$695,000 +3.0% $212/sqft |
| 10/20/2026 |
Listed for sale Source: REcolorado® #6746365 |
$675,000 $206/sqft |
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