$760,000
SOLD SEP 24, 2025
5 Beds
7 Baths
3,432 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

6% Below List Price

55 Days on Market

About This Home

As of September 2025

-Attention investors, here's an opportunity you won't want to miss! 7 UNIT MULTIFAMILY Nestled in the heart of Downtown Colorado Springs, this 7-unit multi-family income property is an ideal investment opportunity. Most of the units have been updated along with some plumbing, electrical, and windows. Conveniently located within walking distance to all downtown amenities and Just minutes to I-25, and schools. This property promises convenience and potential for solid returns. Call /TXT listing agent for more details

Last Agent to Sell the Property

Brent Demos

Demos Real Estate and Investments Brokerage Phone: 719-338-8110 Listed on: 05/13/2025

Last Buyer's Agent

Non Member

Non Member

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1889

Lot Details

  • 4,500 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 7 Parking Spaces

Home Design

  • Shingle Roof
  • Masonite

Interior Spaces

  • 3,432 Sq Ft Home
  • Partial Basement

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Hot Water Heating System
  • 220 Volts in Kitchen

Community Details

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,520

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Handicap Amenities: See Prop Desc Remarks
  • LaundryFacilites: Common, Electric Hook-up
  • Property Sub Type: Aptmts(6+Units)
  • Prop. Type: Income
  • Year Built: 1889
  • Attribution Contact: 719-338-8110
  • UnitTotalSQFT: 3432
  • Special Features: None

Interior Features

  • Alley: Paved
  • Appliances: 220v in Kitchen, Dryer, Range, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Partial Basement
  • Roof: Composite Shingle
  • Exterior Construction: Masonite Type
  • Structure: Concrete, Frame

Garage/Parking

  • ParkingSpacesNumberOf: 7

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Utilities: Electricity Connected, See Prop Desc Remarks
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1033
  • Lot Size: 4500.0000

Tax Info

  • Flip Tax Amount: 1520.00
  • Tax Year: 2024

Multi Family

  • Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Sep 24, 2025
Sold by
Tucco Home Improvements Llc
Bought by
Chesney Properties Llc
Seller's Agent
Brent Demos
Demos Real Estate and Investments
Buyer's Agent
Non Member
Non Member
List Price
$809,000
Sold Price
$760,000
Premium/Discount to List
-$49,000
-6.06%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.79%
Original Mortgage
$532,000
Outstanding Balance
$532,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$250,888

Purchase Details

Closed on
Jul 22, 2015
Sold by
Bram Corporation
Bought by
Tucco Home Improvements Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,927
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 1999
Sold by
Bancorporation Zions
Bought by
Bram Corp

Purchase Details

Closed on
Oct 4, 1999
Sold by
White & Brown Enterprises Inc
Bought by
Bancorporation Zions

Purchase Details

Closed on
Jun 14, 1993
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
May 10, 1991
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
Jan 9, 1990
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
Aug 1, 1988
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
May 1, 1987
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
Feb 1, 1984
Bought by
Tucco Home Improvements Llc

Purchase Details

Closed on
Dec 1, 1981
Bought by
Tucco Home Improvements Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $760,000 Coretitle
Warranty Deed $150,035 Unified Title Company
Quit Claim Deed $57,385 --
Trustee Deed $55,606 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $113,927 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 Sold $760,000 -6.1% $221 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $809,000 -- $236 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

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 $1,611 $26,310 -- --
2024 $1,495 $33,420 $3,900 $29,520
2022 $1,358 $24,270 $3,610 $20,660
2021 $1,473 $24,970 $3,720 $21,250
2020 $1,446 $21,300 $2,860 $18,440
2019 $1,438 $21,300 $2,860 $18,440
2018 $1,184 $16,140 $2,160 $13,980
2017 $1,122 $16,140 $2,160 $13,980
2016 $926 $15,980 $1,990 $13,990
2015 $923 $15,980 $1,990 $13,990
2014 -- $15,070 $1,910 $13,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5567151

Pikes Peak REALTOR® Services

APN: 64181-02-007