Residential Income · Active
Colorado Springs, CO 80909
12 Beds · 8 Baths · 3,957 Sq Ft
$875,000
Multi Family
Property Type
0.57 acres
Lot Size
1951
Year Built
$221
Price per Sq Ft
12
Parking Spaces
5511361
MLS #
About This Property
This sales consists of TWO PARCELS, one has the 8 unit multifamily building and the other a vacant lot with the potential to build on! There are 4x 2 bedroom units and 4x 1 bedrooms units. All are ground level with their own private entrances and no common areas to deal with. Roof is less than 2 years old.
Every unit is equipped with a full kitchen suite of appliances (refrigerator, range, dishwasher, microwave) and a laundry center (combo washer/dryer). Kitchens have granite counters and stainless steel appliances. LVT flooring throughout all units and vinyl windows. Bathrooms has beautiful shower surrounds for easy maintenance with an appealing look.
Every unit has been completely remodeled down to the studs. That means all new electrical all the way to the pole, new interior gas lines and gas meters, new interior water/drain lines. These buildings are already rented and under professional management. There is a lot of opportunity with this property with an already turn key and stabilized asset.
559 days on market
Listed by Colin Smith · Solid Rock Realty · (719) 359-4558
Property Details
| Property Type | Residential Income |
| Sub Type | Multi Family |
| Status | Active |
| Price per Sq Ft | $221 |
| MLS # | 5511361 |
| Days on Market | 559 |
| Bedrooms | 12 |
| Year Built | 1951 |
| Lot Size (Sq Ft) | 25,020 |
| Acres | 0.5744 |
| Annual Taxes | $4,752 |
| Tax Year | 2024 |
| State | CO |
| County | El Paso |
| Heating | Baseboard, Wall Furnace |
| Cooling | None |
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Total Parking | 12 |
| Roof | Composite Shingle |
| Construction | Stucco, Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/30/2026 |
Price change Source: elevateMLS #5511361 |
$875,000 -32.7% $221/sqft |
| 4/16/2025 |
Listed for sale Source: elevateMLS #5511361 |
$1,300,000 $329/sqft |
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