$1

Estimated payment $0/month

Total Views 1,917
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Laundry Facilities
  • Wood Siding
  • Baseboard Heating

About This Home

This recently renovated fourplex offers a stable, cash-flowing investment opportunity in a consistently high-demand rental market. Each unit was comprehensively updated in 2016 with vinyl windows, luxury vinyl plank (LVP) flooring, and new rear doors. The property has been well maintained with significant capital improvements already completed:

Roof & gutters replaced in 2021

Parking lot restriped in 2021

All decks rebuilt & painted in 2020

Common areas refreshed with new paint & carpet in 2020

Each unit includes two dedicated parking spaces and a secure storage area. A shared laundry room is currently complimentary but could be converted to coin-operated for additional revenue.

The building is 100% occupied, with strong tenant retention supported by proximity to major employment centers, including Peterson Space Force Base, downtown, and the airport. This location continues to see growth, making the property well-positioned for both immediate returns and long-term appreciation.

With proven rental demand, updated systems, and minimal anticipated capital expenditures, this asset offers investors a turnkey, income-producing property with reliable cash flow from day one.

Listing Agent

Will Story

LPT Realty LLC Brokerage Phone: 775-544-1328 Listed on: 08/20/2025

LPT Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Wood Siding

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Oven
  • 10,293 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • LaundryFacilites: Common
  • Property Sub Type: Fourplex
  • Prop. Type: Income
  • Year Built: 1972
  • Attribution Contact: 775-544-1328
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator

Exterior Features

  • New Construction: Existing
  • Foundation Details: Garden Level
  • Roof: Other
  • Exterior Construction: Brick, Wood
  • Structure: Frame

Garage/Parking

  • ParkingSpacesNumberOf: 10
  • ListingUnits_1_NumGarage: 2
  • ListingUnits_2_NumGarage: 2
  • ListingUnits_3_NumGarage: 2
  • ListingUnits_4_NumGarage: 2

Utilities

  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Utilities: Cable Connected, Natural Gas Connected
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.2363
  • Lot Size: 10295.0000

Tax Info

  • Flip Tax Amount: 2247.00
  • Tax Year: 2024

Multi Family

  • Unit Count: 4

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List 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
08/20/2025 08/20/25 For Sale $1 -- --
Source: Pikes Peak REALTOR® Services

Source: Pikes Peak REALTOR® Services

MLS Number: 7364350

Pikes Peak REALTOR® Services

APN: 64144-14-005