$625,000

Estimated payment $3,568/month

Total Views 1,077
8 Beds
4 Baths
3,832 Sq Ft
$163 Price per Sq Ft

Highlights

  • No Units Above
  • Forced Air Heating System
  • Laundry Facilities
  • No HOA

About This Home

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 throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!

Listing Agent

Jon Cole

eXp Realty, LLC Brokerage Email: jon@homewithimpact.com,303-775-8744 License #100015841 Listed on: 07/23/2025

eXp Realty, LLC

Co-Listing Agent

iMPACT Team

eXp Realty, LLC Brokerage Email: jon@homewithimpact.com,303-775-8744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 1972

Lot Details

  • 8,100 Sq Ft Lot
  • No Units Above
  • No Units Located Below

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,832 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Monroe Elementary School
  • Swigert Middle School
  • Mitchell High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property
  • Assessor Parcel Number 64143-09-052

Community Details

Overview

  • No Home Owners Association
  • Ruskin Square Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,751

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Multi/Split
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 3832
  • Exclusions: Seller's and Tenant's Personal Property
  • Living Area: 3832
  • Directions: Take Academy Blvd South to Airport Road, go East on Airport Road, go left on Ruskin Drive, then right on Ruskin Way.
  • SubdivisionName: Ruskin Square
  • Co List Office Mls Id: RECEXPCO
  • Co List Office Phone: 888-440-2724
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: jon@homewithimpact.com,303-775-8744
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Common Walls: No One Above, No One Below
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • 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: Swigert

Lot Info

  • Parcel Number: 64143-09-052
  • Lot Size Acres: 0.19
  • Building Area Total: 3832
  • Lot Size Sq Ft: 8100

Rental Info

  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1751

MLS Schools

  • Elementary School: Monroe
  • High School: Mitchell

Map

Range of Values:

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Average Value
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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
07/23/2025 07/23/25 For Sale $625,000 -- $163 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 1615412

REcolorado®

APN: 64143-09-052