Residential Income · Active
Colorado Springs, CO 80903
4 Beds · 4 Baths · 2,181 Sq Ft
$540,000
Quadruplex
Property Type
0.11 acres
Lot Size
1895
Year Built
$248
Price per Sq Ft
1503522
MLS #
About This Property
Prime Investment Opportunity in the Heart of Downtown Colorado Springs!
Positioned just a block and a half off Nevada Avenue and within walking distance to Downtown Colorado Springs and Colorado College, this rare multi-family property places you directly in the path of the city’s continued growth and revitalization. The property features a well-maintained main residence configured into three separate income-producing units, complemented by a charming detached cottage at the rear; offering multiple streams of rental potential. Whether you're looking to maximize cash flow or secure a long-term hold in the ever-developing urban core of the city, this asset checks every box. Surrounded by vibrant dining, shopping, and cultural attractions, and with easy access to parks and open spaces, tenants will appreciate both the convenience and lifestyle this location provides. Opportunities like this—blending historic charm, multi-unit flexibility, and premier location... are increasingly rare in Downtown Colorado Springs.
Whether you're a seasoned investor or entering the multi-family space, this is your chance to own a piece of the city’s evolving landscape. Don’t miss it.
79 days on market
Listed by Sly Martinez C2EX · Journey Real Estate · 719-440-4677
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Active |
| Price per Sq Ft | $248 |
| MLS # | 1503522 |
| Days on Market | 79 |
| Bedrooms | 4 |
| Year Built | 1895 |
| Lot Size (Sq Ft) | 5,000 |
| Acres | 0.1148 |
| Annual Taxes | $1,223 |
| Tax Year | 2023 |
| State | CO |
| County | El Paso |
| Heating | Baseboard |
| Cooling | Ceiling Fan(s) |
| Fireplace Features | None |
| Appliances | Microwave, Range, Refrigerator |
| Roof | Composite Shingle |
| Basement | Crawl Space |
| Construction | Stucco, Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 8/11/2026 |
Listed for sale Source: elevateMLS #1503522 |
$540,000 $248/sqft |
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