Residential Income · Active

340 Gahart Drive

Colorado Springs, CO 80916

10 Beds · 4 Baths · 3,672 Sq Ft

$649,000

Quadruplex

Property Type

1972

Year Built

$177

Price per Sq Ft

9848883

MLS #

About This Property

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA.

Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.

Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets.

Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

104 days on market

Listed by Lee Wagner · Cushman & Wakefield · lee.wagner@cushwake.com,417-459-2155

Last updated: 8/3/2026 1:27 PM · Source: REcolorado®, MLS#: 9848883

Property Details

Key Details

Property Type Residential Income
Sub Type Quadruplex
Status Active
Price per Sq Ft $177
Subdivision Eastborough
MLS # 9848883
Days on Market 104
Bedrooms 10

More Details

Year Built 1972
HOA No
Annual Taxes $2,307
State CO
County El Paso
Zoning R-5 AO

Interior

Heating Natural Gas
Cooling None

Exterior & Parking

Roof Composition

Building & Lot

Levels Two
Construction Frame
Sewer Public Sewer

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
7/17/2026 Listed for sale
Source: REcolorado® #9848883
$674,900 -3.4% $184/sqft
8/19/2021 Sold
Source: elevateMLS #7401803
$699,000 $190/sqft
6/29/2021 Price change
Source: elevateMLS #7401803
$699,000 +3.6% $190/sqft
3/18/2021 Listed for sale
Source: elevateMLS #7401803
$674,900 $184/sqft

Based on information submitted to the MLS GRID as of October 29, 2026 at 1:51 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.

Listing information last updated August 3, 2026 at 1:27 PM.

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