516 Winnie Way Colorado Springs, CO 80904
Old Colorado City NeighborhoodEstimated payment $5,283/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | For Sale | $960,000 | -- | $278 / Sq Ft |
Source: REcolorado®
MLS Number: 2011515

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