Residential Income · Active
Colorado Springs, CO 80903
6 Beds · 3 Baths · 3,003 Sq Ft
$899,000
Triplex
Property Type
0.12 acres
Lot Size
1906
Year Built
$299
Price per Sq Ft
10
Parking Spaces
1531691
MLS #
About This Property
Seller Concessions of $20,000.00 offered to be used towards Closing Costs and/or Permanent or Temporary Rate Buydowns. Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property!
Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer.
Major CapEx Upgrades: NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C.
Upper Unit: Fully remodeled with an updated luxury kitchen with quartz countertops, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting. Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage. Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout.
New exterior blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, ambient security lighting, and proper water diversion with a buried drain line. This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home.
114 days on market
Listed by Brishen Combs ABR GRI MRP SFR SRS · RE/MAX Real Estate Group LLC · 719-534-7900
Property Details
| Property Type | Residential Income |
| Sub Type | Triplex |
| Status | Active |
| Price per Sq Ft | $299 |
| MLS # | 1531691 |
| Days on Market | 114 |
| Bedrooms | 6 |
| Year Built | 1906 |
| Lot Size (Sq Ft) | 5,014 |
| Acres | 0.1151 |
| Annual Taxes | $2,512 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Electric, Wall Furnace, See Prop Desc Remarks |
| Cooling | Ceiling Fan(s), Wall Unit(s), See Prop Desc Remarks |
| Fireplace Features | Main Level, One |
| Appliances | Dishwasher, Dryer, Range, Refrigerator, Washer |
| Total Parking | 10 |
| Roof | Composite Shingle |
| Basement | Full Basement |
| Construction | Masonite, Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional, VA Loan |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/20/2026 |
Listed for sale Source: REcolorado® #7165543 |
$899,000 $299/sqft |
| 7/6/2026 |
Listed for sale Source: elevateMLS #1531691 |
$899,000 +19.1% $299/sqft |
| 4/26/2022 |
Sold Source: elevateMLS #9016821 |
$755,000 +0.7% $251/sqft |
| 3/10/2022 |
Listed for sale Source: elevateMLS #9016821 |
$750,000 $250/sqft |
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