1025 Magnolia St Colorado Springs, CO 80907
Cragmor NeighborhoodEstimated payment $4,416/month
About This Home
Turnkey 4-Plex Investment Opportunity – 1025 Magnolia St, Colorado SpringsThis well-maintained fourplex features (4) 2-bed, 1-bath units—each offering 821 sq ft, in-unit washer and dryer, and private back storage.Major capital improvements already completed: new boiler and water heater (2016), full roof and gutter replacement (2019), and a new driveway (2019). The required Springs Utilities backflow prevention device was just installed.Tenant turnover is minimal, and units are consistently updated during transitions. Property has been proactively maintained, making this a solid plug-and-play investment for the next owner. Full Financials Available.
Last Listed By
Toprock Real Estate LLC Brokerage Email: john@smplcphr.com,720-515-9721 License #100083960 Listed on: 05/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,097
Year Built
- Built in 1971
Home Design
- Quadruplex
- Frame Construction
Interior Spaces
- 3,282 Sq Ft Home
- 1-Story Property
Schools
- Edison Elementary School
- Mann Middle School
- Coronado High School
Utilities
- No Cooling
- Radiant Heating System
Community Details
- No Home Owners Association
- Colorado Springs Subdivision
Listing and Financial Details
- The owner pays for electricity, exterior maintenance, gas, grounds care, insurance, taxes, trash collection, water
- Assessor Parcel Number 63293-13-034
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/23/2025 05/23/25 | For Sale | $799,000 | -- | $243 / Sq Ft |
Source: REcolorado®
MLS Number: 2432034

APN: 63293-13-034
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