$750,000
$49K PRICE DROP

1025 Magnolia St Colorado Springs, CO 80907

Cragmor Neighborhood

Estimated payment $4,254/month

Total Views 3,536
8 Beds
4 Baths
3,282 Sq Ft
$229 Price per Sq Ft

About This Home

Turnkey 4-Plex Investment Opportunity – 1025 Magnolia St, Colorado Springs

This 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.

Listing Agent

John Galloway

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,097

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 3282
  • Exclusions: None
  • Living Area: 3282
  • SubdivisionName: Colorado Springs
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Attribution Contact: john@smplcphr.com,720-515-9721
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Mann

Lot Info

  • Parcel Number: 63293-13-034
  • Building Area Total: 3282

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2097

MLS Schools

  • Elementary School: Edison
  • High School: Coronado

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $750,000 -5.1% $229 / Sq Ft
06/28/2025 06/28/25 Price Changed $790,000 -1.1% $241 / Sq Ft
05/23/2025 05/23/25 For Sale $799,000 -- $243 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 2432034

REcolorado®

APN: 63293-13-034

Colorado El Paso County Colorado Springs 80907 Cragmor

1025 Magnolia St, Colorado Springs, CO

This home is located at 1025 Magnolia St, Colorado Springs, CO 80907 and is currently priced at $750,000, approximately $228 per square foot. This property was built in 1971. 1025 Magnolia St is a home located in El Paso County with nearby schools including Edison Elementary School, Mann Middle School, and Coronado High School.

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John Galloway
Listing Agent
John Galloway
Section Image
Toprock Real Estate LLC
(303) 830-3933