$640,000
SOLD APR 21, 2025
8 Beds
4 Baths
3,348 Sq Ft
8,929 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

5% Below List Price

17 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • 4 Fireplaces
  • Patio
  • Laundry Facilities

About This Home

As of April 2025

PERFECT INVESTMENT OPPORTUNITY NEAR UCCS!

Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with one vacant unit, situated near the University of Colorado, Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential.

This well-maintained 4-plex is positioned for long-term value appreciation and offers the potential for strong returns to investors seeking stable income in a high-demand market. It is an ideal opportunity for those looking to capitalize on the growing rental
market in Colorado Springs, particularly in proximity to UCCS and I-25.

Last Agent to Sell the Property

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 02/21/2025

Last Buyer's Agent

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 02/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1971

Lot Details

  • 8,929 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Membrane Roofing
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,348 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Edison Elementary School
  • Mann Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 63293-13-031

Community Details

Overview

  • No Home Owners Association
  • Cragmoor Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,944

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 3348
  • Exclusions: N/A
  • Living Area: 3348
  • SubdivisionName: Cragmoor
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.94815
  • Attribution Contact: Nic.Polaski@cushwake.com,719-238-9074
  • Special Features: None

Interior Features

  • Fireplaces: 4
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Membrane
  • Construction Materials: Stucco, Wood Siding
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: Common Area

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: 63293-13-031
  • Lot Size Acres: 0.2
  • Building Area Total: 3348
  • Lot Size Sq Ft: 8929
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1944

MLS Schools

  • Elementary School: Edison
  • High School: Coronado

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Range of Values:

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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
04/21/2025 04/21/25 Sold $640,000 -5.2% $191 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $675,000 -- $202 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3489024

REcolorado®

APN: 63293-13-031