Commercial Sale · Pending
Colorado Springs, CO 80909
$840,000
Multi Family
Property Type
1952
Year Built
7536806
MLS #
About This Property
Offered for sale is a well-located multifamily asset at 624 Prairie Rd in the heart of Colorado Springs, CO. This property consists of two buildings totaling approximately 4,708 square feet of rentable space, situated on an 11,250 square foot lot. Built in 1952, the buildings feature stucco exterior construction with pitched composition shingle roofs and a two-story configuration. The unit mix includes a total of eight units, comprised of six one-bedroom, one-bath units and two two bedroom, one-bath units. The property also includes one garage parking space.
624 Prairie Rd is situated just a few blocks from the U.S. Olympic Training Center and Boulder Park, offering tenants access to outdoor recreation, green space, and one of the city’s most prominent athletic landmarks. This proximity enhances both tenant desirability and long-term investment appeal. With solid in-place fundamentals and room for operational upside, this asset presents a compelling opportunity for investors seeking stable returns and value-add potential in a strong rental submarket of Colorado Springs.
167 days on market
Listed by Will McCauley & Elliott Polanchyck · Unique Properties LLC · wmccauley@uniqueprop.com,781-733-3732
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Pending |
| MLS # | 7536806 |
| Days on Market | 167 |
| Year Built | 1952 |
| Annual Taxes | $4,366 |
| State | CO |
| County | El Paso |
| Zoning | R-2 |
| Roof | Composition |
| Construction | Brick, Frame |
| Sewer | Public Sewer |
| Water Source | Public |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 9/11/2026 |
Pending Source: REcolorado® #7536806 |
— |
| 5/14/2026 |
Listed for sale Source: REcolorado® #7536806 |
$840,000 +133.3% |
| 8/15/2013 |
Sold Source: elevateMLS #774147 |
$360,000 -5.0% |
| 5/6/2013 |
Listed for sale Source: elevateMLS #774147 |
$379,000 |
Based on information submitted to the MLS GRID as of October 28, 2026 at 7:44 AM MDT. 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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