2481 Astrozon Cir Colorado Springs, CO 80916
Southborough NeighborhoodEstimated payment $3,605/month
Total Views
667
8
Beds
4
Baths
3,536
Sq Ft
$177
Price per Sq Ft
Highlights
- No HOA
- Forced Air Heating System
- Wood Siding
About This Home
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2481 and 2521 Astrozon Circle, two adjacent multifamily properties located in the high-demand Southeast submarket of Colorado Springs. Offered together or separately at a combined price of $1,275,000, these properties feature a total of eight units, seven of which have been recently renovated with updated flooring, modernized kitchens and bathrooms, and fresh interior finishes that appeal to today’s renters. Six of the eight units have also been upgraded with mini-split air conditioning systems, offering enhanced climate control and energy efficiency.
This is a compelling operational value-add investment. The current owner has already completed nearly all of the interior capital improvements required to bring the properties up to market standards, significantly reducing the need for further capital expenditures in the near term. With the units in great condition and rents currently below market, there is immediate upside potential through lease turnover and rent increases, allowing a new investor to drive revenue growth without the burden of heavy renovation costs.
Situated in a well-established rental corridor near schools, shopping centers, public transportation, and major employment hubs, both properties are ideally located to attract and retain quality tenants. For investors seeking a clean, low-maintenance multifamily opportunity with in-place cash flow and strong rent growth potential, 2481 and 2521 Astrozon Circle offer a rare combination of stability and upside in one of Colorado’s most dynamic rental markets.
Listing Agent
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. Brokerage Email: andrew.stephens@marcusmillichap.com,303-328-2034 License #100098946 Listed on: 08/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,390
Year Built
- Built in 1984
Home Design
- Quadruplex
- Wood Siding
Interior Spaces
- 3,536 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Giberson Elementary School
- Panorama Middle School
- Sierra High School
Additional Features
- Two or More Common Walls
- Forced Air Heating System
Community Details
- No Home Owners Association
- Pikes Peak Park Sub No 28 Resub Of Lot 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 64264-19-005
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $625,000 | -- | $177 / Sq Ft |
Source: REcolorado®
Similar Homes in Colorado Springs, CO
-
$650,000
- 8 Beds
- 4 Baths
- 3,536 Sq Ft
- 2521 Astrozon Cir
- Colorado Springs, CO
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2481 and 2521 Astrozon Circle, two adjacent multifamily properties located in the high-demand Southeast submarket of Colorado Springs. Offered together or separately at a combined price of $1,275,000, these properties feature a total of eight units, seven of which have been recently renovated with updated flooring,
Andrew Stephens Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
-
$625,000
- 8 Beds
- 4 Baths
- 3,832 Sq Ft
- 4025 Ruskin Way
- Colorado Springs, CO
Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring
Jon Cole eXp Realty, LLC
-
$635,000
- 8 Beds
- 4 Baths
- 3,381 Sq Ft
- 135 University Dr
- Colorado Springs, CO
135 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently
Joe Hornstein NorthPeak Commercial Advisors, LLC
Source: REcolorado®
MLS Number: 1929098
APN: 64264-19-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Nearby Homes
- 2521 Astrozon Cir
- 2470 Astrozon Cir
- 2522 Astrozon Cir
- 4510 Anjelina Cir S
- 4505 Lamplighter Cir Unit 6
- 4509 Lamplighter Cir
- 4527 Lamplighter Cir Unit 3
- 4530 London Ln
- 2321 Lexington Village Ln
- 4465 Anjelina Cir S
- 2430 Lexington Village Ln
- 4731 Astrozon Blvd
- 4575 London Ln
- 4569 Lamplighter Cir Unit 3
- 4475 London Ln
- 2405 Nadine Dr
- 4465 London Ln
- 2462 Lexington Village Ln Unit I6
- 2467 Lexington Village Ln Unit G3
- 2379 Lexington Village Ln Unit 4
- 2449 Lexington Village Ln
- 2365 Middleton Ct
- 2725 Clarendon Dr
- 2410 Payne Cir W
- 4518 Wordsworth Cir S
- 2875 Wyatt St
- 2640 Cather Ave
- 4148 Charleston Dr
- 4303 Hawks Lookout Ln
- 2464 Sierra Springs Dr
- 4965 Painted Sky View
- 1960 S Chelton Rd
- 3030 Harpy Grove
- 4514 Fenton Rd
- 3120 Post Oak Dr
- 1725 Doherty Rd
- 4703 Goodwin Grove
- 4325 Fountain Springs Grove
- 3340 Bridgewater Dr
- 4960 Fountain Ford View Dr