Residential Income · Pending
Colorado Springs, CO 80918
8 Beds · 4 Baths · 3,348 Sq Ft
$699,900
Quadruplex
Property Type
0.37 acres
Lot Size
1973
Year Built
$209
Price per Sq Ft
2650251
MLS #
About This Property
EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner.
BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income.
NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.
75 days on market
Listed by Denáe Howell MRP · House Hunters, LLC · 719-752-2175
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Pending |
| Price per Sq Ft | $209 |
| MLS # | 2650251 |
| Days on Market | 75 |
| Bedrooms | 8 |
| Year Built | 1973 |
| Lot Size (Sq Ft) | 16,300 |
| Acres | 0.3742 |
| Annual Taxes | $2,720 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Baseboard, Radiant |
| Cooling | None |
| Fireplace Features | None |
| Appliances | Dishwasher, Oven, Range, Refrigerator |
| Roof | Composite Shingle |
| Construction | Stucco, Wood Siding, Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional, FHA, VA Loan |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/13/2026 |
Pending Source: elevateMLS #2650251 |
— |
| 10/13/2026 |
Active Under Contract Source: REcolorado® #7352165 |
— |
| 10/2/2026 |
Price change Source: REcolorado® #7352165 |
$699,900 $209/sqft |
| 10/2/2026 |
Price change Source: elevateMLS #2650251 |
$699,900 -9.7% $209/sqft |
| 9/14/2026 |
Price change Source: elevateMLS #2650251 |
$774,900 -3.0% $231/sqft |
| 8/13/2026 |
Listed for sale Source: elevateMLS #2650251 |
$799,000 +14.2% $239/sqft |
| 8/12/2026 |
Listed for sale Source: REcolorado® #7352165 |
$699,900 $209/sqft |
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