Residential Income · Active
Colorado Springs, CO 80910
3,360 Sq Ft
$622,000
Quadruplex
Property Type
1969
Year Built
$185
Price per Sq Ft
9048564
MLS #
About This Property
3014 Mallard Drive is a four-unit multifamily property in Colorado Springs offered at $622,000, or $155,500 per unit. The property offers immediate upside through below-market rents and a vacant, turn-ready two-bedroom unit, allowing a new owner to capture market rents as leases roll. Recent improvements, including a replaced central boiler and new flooring in three units, reduce near-term capital needs, while professional management and utility reimbursements are already in place. Priced below comparable four-plex sales and eligible for conventional 30-year residential financing, the property provides a compelling opportunity to increase income with limited additional renovation.
11 days on market
Listed by Charles Burkhart · Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. · charles.burkhart@marcusmillichap.com,214-336-6064
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Active |
| Price per Sq Ft | $185 |
| Subdivision | Park Hill |
| MLS # | 9048564 |
| Days on Market | 11 |
| Year Built | 1969 |
| HOA | No |
| Annual Taxes | $2,146 |
| State | CO |
| County | El Paso |
| Zoning | R-5 |
| Heating | Baseboard |
| Cooling | Central Air |
| Roof | Membrane |
| Levels | One |
| Construction | Brick, Stucco |
| Sewer | Public Sewer |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/30/2026 |
Listed for sale Source: REcolorado® #9048564 |
$622,000 $185/sqft |
Based on information submitted to the MLS GRID as of November 10, 2026 at 1:39 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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