$460,000
SOLD JUL 3, 2025
8 Beds
4 Baths
2,880 Sq Ft
7,148 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

23% Below List Price

118 Days on Market

About This Home

As of July 2025

EXCEPTIONAL INVESTMENT OPPORTUNITY - FOURPLEX NEAR FORT CARSON!

Looking for your next investment gem? This diamond in the rough is primed for transformation into four desirable rental units in a prime Colorado Springs rental location. Just minutes from Fort Carson and offering easy access to I-25, this property gives your future tenants convenient access to an abundance of amenities.

Each functionally designed 720-square-foot unit features an open-concept living space perfect for modern lifestyles. The spacious two-bedroom, one-full bath layouts maximize every square foot, with some larger vinyl windows flooding the interiors with natural light. Unit 2 is already partially renovated, giving you a head start on your vision!

The heavy lifting is done - demo and cleanup are complete, and the units have textured drywall throughout. Ready for your personal touch, these blank-canvas spaces await new kitchens, paint, fixtures and flooring to become sought-after rentals in this high-demand area.

Property Highlights:
- Prime location near military base, shopping, and restaurants
- Attractive exterior featuring vinyl siding and classic dark brick
- Partially fenced backyard with storage shed
- Opportunity for exterior improvements
- All units have mirrord yet identical, efficient layouts
- Recent drywall work completed

Don't miss this chance to expand your portfolio with a property offering upside potential. Schedule your viewing today to see how this fourplex can become your next successful investment!

Last Agent to Sell the Property

Sue Myers

MODUS Real Estate Brokerage Phone: 303-974-4717 Listed on: 02/18/2025

MODUS Real Estate

Last Buyer's Agent

Caleb Skelton

Buy Smart Colorado

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1970

Lot Details

  • 7,148 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,880 Sq Ft Home
  • Crawl Space
  • Oven
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1970

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Fourplex
  • Prop. Type: Income
  • Year Built: 1970
  • Attribution Contact: 303-974-4717
  • UnitTotalSQFT: 2880
  • Special Features: None

Interior Features

  • Appliances: Other, Oven, Refrigerator
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: Rear, See Prop Desc Remarks
  • Foundation Details: Crawl Space
  • Structure: Frame

Garage/Parking

  • ParkingSpacesNumberOf: 8

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Schools

  • School District: Harrison-2

Lot Info

  • Program Acres Total: 0.1641
  • Lot Size: 7150.0000

Tax Info

  • Flip Tax Amount: 2163.61
  • Tax Year: 2023

Multi Family

  • Unit Count: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $460,000 -16.3% $160 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $549,900 -3.5% $191 / Sq Ft
05/06/2025 05/06/25 Price Changed $569,900 -0.9% $198 / Sq Ft
04/22/2025 04/22/25 Price Changed $575,000 -4.0% $200 / Sq Ft
02/18/2025 02/18/25 For Sale $599,000 -- $208 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 2279282

Pikes Peak REALTOR® Services

APN: 65054-09-014