Residential Income · Active
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
Property 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 |
| Year Built | 1972 |
| HOA | No |
| Annual Taxes | $2,307 |
| State | CO |
| County | El Paso |
| Zoning | R-5 AO |
| Heating | Natural Gas |
| Cooling | None |
| Roof | Composition |
| Levels | Two |
| Construction | Frame |
| Sewer | Public Sewer |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 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.
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