$960,000

Estimated payment $5,283/month

Total Views 3,143
-- Bed
-- Bath
3,456 Sq Ft
$278 Price per Sq Ft

Highlights

  • No HOA
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

***Quadplex in Highly Desirable Pleasant Valley Neighborhood*** Cushman & Wakefield is pleased to present an exceptional opportunity to acquire 504–516 Winnie Way, a well-maintained, four-unit multifamily asset located in the highly desirable Pleasant Valley neighborhood on the west side of Colorado Springs, CO. This property benefits from a prime infill location just minutes from some of the city’s most iconic destinations, including Garden of the Gods, Old Colorado City, and Downtown Colorado Springs, offering residents unparalleled access to outdoor recreation, local dining, retail, and major employment hubs.

Built in 1984, the property comprises four spacious 2-bedroom/1.5-bath units, each thoughtfully designed for functional living. With a total building area of 3,456 square feet and an average unit size of approximately 864 square feet, the asset presents a balanced combination of scale, livability, and ease of management.

Located in El Paso County, Colorado Springs continues to rank as one of the fastest-growing cities in the country, supported by a diversified economy with major employment drivers in the defense, aerospace, technology, and

healthcare sectors. 504–516 Winnie Way offers investors stable in-place income with significant upside through rent increases and light interior upgrades as leases turn. With below-market rents and strong rental demand, the asset is well-positioned for value creation in a supply-constrained submarket.

This offering represents an ideal opportunity for investors seeking a stabilized, low-maintenance multifamily asset with long-term growth potential in one of Colorado’s most dynamic and resilient markets.

Listing Agent

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1984

Lot Details

  • 1 Common Wall

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Schools

  • West Elementary And Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Kings Manor Sub Subdivision

Listing and Financial Details

  • Exclusions: All personal property owned by Tenant(s)
  • Property held in a trust
  • Assessor Parcel Number 7402312106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 3456
  • Exclusions: All personal property owned by Tenant(s)
  • Living Area: 3456
  • Directions: From Downtown Colorado Springs, on N Cascade Ave, head toward Platte Avenue. Turn left onto Uintah Street. Then, turn right onto Mesa Road. Turn left onto N 19th St and take a slight right turn onto King St. Turn left onto Winnie Way and the property will be on the left.
  • SubdivisionName: Kings Manor Sub
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: Nic.Polaski@cushwake.com,719-238-9074
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No

Exterior Features

  • Roof: Shingle, Membrane
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air

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: West

Lot Info

  • Parcel Number: 7402312106
  • Building Area Total: 3456

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2554

MLS Schools

  • Elementary School: West
  • High School: Coronado

Map

Range of Values:

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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
08/07/2025 08/07/25 For Sale $960,000 -- $278 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 2011515

REcolorado®