Commercial Sale · Active
Colorado Springs, CO 80905
$1,051,200
Multi Family
Property Type
0.66 acres
Lot Size
1990
Year Built
5411997
MLS #
About This Property
Rental opportunity in Stratton Meadows! Build your portfolio with four recently updated, nicely maintained homes, all rented to long term tenants and professionally managed. Current rents total $6,570 monthly and $78,840 annually, offering a 7.5% gross rental yield at the $1,051,200 package price before operating expenses.
1311 Rockwood Ave offers 796 square feet and a detached two car garage. 1312 Harrison Rd features 894 square feet and a detached two car garage. Both 1214 Harrison Rd and 1223 Rockwood Ave offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space.
Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!
16 days on market
Listed by Walt Harder · Harder Real Estate and Development, LLC · walt@HRED.co,719-539-2000
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 5411997 |
| Days on Market | 16 |
| Year Built | 1990 |
| Lot Size (Sq Ft) | 28,750 |
| Acres | 0.66 |
| Annual Taxes | $4,166 |
| State | CO |
| County | El Paso |
| Zoning | R1-6 Residential |
| Exterior Features | Dog Run |
| Sewer | Public Sewer |
| Water Source | Public |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/12/2026 |
Listed for sale Source: REcolorado® #5411997 |
$1,051,200 |
Based on information submitted to the MLS GRID as of October 28, 2026 at 12:02 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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