2627 E Uintah St Colorado Springs, CO 80909
Knob Hill NeighborhoodEstimated payment $4,489/month
About This Home
Cushman & Wakefield is excited to present an exceptional investment opportunity at 2625–2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns. Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the property’s durability, minimizing future maintenance costs and securing its long-term value.What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs’ growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market. OWNER IS WILLING TO SELL ONE INDIVIDUALLY OR BOTH 2625 & 2627 UINTAH TOGETHER.
Listing Agent
Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 07/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,259
Year Built
- Built in 1985
Lot Details
- 1,742 Sq Ft Lot
HOA Fees
- $750 Monthly HOA Fees
Parking
- 12 Parking Spaces
Home Design
- Quadruplex
- A-Frame Home
- Brick Exterior Construction
Interior Spaces
- 3,470 Sq Ft Home
- 2-Story Property
- Laundry in unit
Schools
- Queen Palmer Elementary School
- Galileo Middle School
- Palmer High School
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- Home Owners Association
- Divine Redeemer Subdivision
Listing and Financial Details
- Exclusions: Tenant Exclusions
- Assessor Parcel Number C00290
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,259 | $47,400 | -- | -- |
| 2024 | $2,136 | $45,130 | $8,440 | $36,690 |
| 2022 | $2,472 | $44,180 | $6,130 | $38,050 |
| 2021 | $2,684 | $45,480 | $6,310 | $39,170 |
| 2020 | $1,354 | $19,950 | $3,220 | $16,730 |
| 2019 | $1,347 | $19,950 | $3,220 | $16,730 |
| 2018 | $1,210 | $16,490 | $2,450 | $14,040 |
| 2017 | $1,146 | $16,490 | $2,450 | $14,040 |
| 2016 | $969 | $16,720 | $2,580 | $14,140 |
| 2015 | $966 | $16,720 | $2,580 | $14,140 |
| 2014 | $1,119 | $18,600 | $2,580 | $16,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2025 11/08/25 | Price Changed | $674,500 | -1.9% | $194 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $687,500 | -- | $198 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $327,300 | -- | |
| Warranty Deed | $327,300 | -- | |
| Warranty Deed | $280,000 | -- | |
| Warranty Deed | $280,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $192,500 | -- | |
| Warranty Deed | $192,500 | -- | |
| Warranty Deed | $163,000 | -- | |
| Warranty Deed | $163,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | New Conventional | |
| Previous Owner | $230,300 | Purchase Money Mortgage |
Source: REcolorado®
MLS Number: 6915379
APN: 64091-24-088
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