Colorado Springs Real Estate | Colorado Springs Multi-Family Homes for Sale

Great investment opportunity with this 4-bedroom, 2-bathroom home offering a functional layout, spacious backyard, and plenty of potential! The upper level features a comfortable living area with durable laminate flooring, a dining space, and a kitchen complete with white cabinetry, ample storage, and plenty of natural light. Two bedrooms and a full bathroom complete the upper level. The lower level provides additional living space with a cozy family room, two additional bedrooms, and a bathroom, offering flexibility for a variety of living arrangements. Carpeting in the bedrooms and lower-level living area, along with ceiling fans in select rooms, adds to the home's everyday comfort. Outside, the fully fenced backyard offers plenty of room for outdoor activities, entertaining, or relaxing. A raised deck provides additional outdoor living space, while mature trees offer shade and character. The property also features an attached one-car garage and driveway parking. Whether you're looking to expand your investment portfolio or purchase a property with long-term rental potential, this home offers a great opportunity to make it your own!

1313 Maxwell St, Colorado Springs

$389,999

8076946 MLS

Looking for a westside property with incredible investment potential in one of Colorado Springs' most sought-after locations? This charming property offers possibilities just minutes from Downtown Colorado Springs, Old Colorado City, Manitou Springs, and the world-renowned Garden of the Gods. Whether you're searching for your next investment, a primary residence, or a future redevelopment opportunity, this home is perfectly positioned to maximize value. Enjoy easy access to I-25 and Highway 24, making commuting and exploring the region a breeze. A brand-new roof installed in 2025 provides added peace of mind, while convenient off-street parking adds everyday functionality. The current owner also envisioned a long-term plan for a 3-car garage with an ADU above, offering exciting potential for additional living space or future rental income (buyer to verify zoning and development requirements). This is a golden opportunity in the desirable west side. Come take a look at a property with outstanding location, flexibility, and long-term upside.

1119 W Kiowa St, Colorado Springs

3455 Rebecca Ln Unit D, Colorado Springs

$150,000

9827395 MLS

Updated condo! Large vaulted ceilings in main area with lots of natural light. Back deck overlooking open area. HOA dues include utilities, pool and other community amenities. 3 bed, 2 bath WITH laundry in unit (included washer and dryer)! Master with 3/4 bath; 2 more bedrooms and full bath. Large living room. Wood laminate flooring, carpet in bedrooms. GRANITE in kitchen with lovely painted cabinets. Updated bathroom vanities and toilets!! Upper level unit (so stairs). Complex features ample parking but ONE dedicated/deeded, covered parking space. Transferrable home warranty in place! Fireplace covered for time tenant occupied (wood burning and never used by current owner). Central location and easy commute to UCCS. Seller offering up to $5000 in concessions towards Lender approved closing costs with full offer!

3455 Rebecca Ln Unit D, Colorado Springs

$695,000

2763154 MLS

Welcome to a turnkey income property at a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person. The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents. Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.

1025 Magnolia St, Colorado Springs

$695,000

8 Beds ⋅ 4 Baths ⋅ 6746365 MLS

Welcome to a turnkey income property at 1025 Magnolia Street, a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person. The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents. Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.

1025 Magnolia St, Colorado Springs

$540,000

7918523 MLS

Welcome to this beautifully maintained, like new home, tucked away on a quiet cul-de-sac. Thoughtfully designed with inviting finishes and spacious living areas, this property is sure to check all your boxes. Step inside to a light and bright open concept floor plan. The main level features luxury vinyl plank flooring, 8-foot doors, and recessed lighting. Just off the entry, a dedicated office offers a comfortable place to work, while a convenient half bath is close by for you and your guests. The lovely staircase, finished with wrought-iron railings, adds a touch of style as you move through the home. Gather in the living room beside your cozy, stone fireplace, complete with a mantel - a perfect space for chilly Colorado evenings and holiday celebrations. The open layout connects the living and dining areas to a well-appointed kitchen featuring granite countertops, custom shaker-style cabinetry with sleek hardware, stainless steel appliances, a wine fridge, a built-in coffee bar, and an oversized center island. Nearby is a wood deck that extends the living space outdoors and makes entertaining fun and easy. Let's not forget the extended-height garage with an 8-foot opening providing room for a full-size truck or SUV. Upstairs, the primary suite offers a relaxing retreat with dual vanities, granite countertops, a spacious walk-in closet, and a walk-in shower. Three additional bedrooms and a full-sized bathroom complete this space with stunning granite countertops and tile to the ceiling. The finished walk-out basement offers a second living area, providing extra room to relax, which also includes an oversized bedroom, an additional full-sized bathroom, and a dedicated storage room. With its generous spaces, inviting features, and peaceful cul-de-sac setting, this home is ready to welcome its next owner. Home is currently tenant occupied lease runs through July 31, 2027.

7201 Alpine Daisy Dr, Colorado Springs

$775,000

3051185 MLS

Discover a rare investment opportunity in Colorado Springs with The St. Vrain Corner Collection! This distinctive property features three existing structures on one parcel, offering an exceptional opportunity for investors, developers, or buyers with a vision for restoration and revitalization. Situated on approximately 9,800 square feet of land, the collection includes two single-family residences and a duplex, each offering its own character and potential. With multiple buildings, historic charm & a convenient urban location, this property provides a unique canvas for those looking to renovate, restore, or explore future investment possibilities. Whether you're considering rental income opportunities, preserving the property's historic appeal, or pursuing a creative redevelopment concept, The St. Vrain Corner Collection offers flexibility and potential for a variety of investment strategies. Opportunities to acquire multiple structures together on one parcel are uncommon, making this a compelling addition to an investment portfolio. Bring your vision, explore the possibilities & discover the potential waiting to be unlocked at The St. Vrain Corner Collection!

412 E St Vrain St, Colorado Springs

$420,000

9442413 MLS

Westside Colorado Springs Duplex • Remodeled Interiors • Light, Bright & Open Layouts • Two 2-Bedroom, 2-Bath Units • 800 Sq Ft Each • Vacant Unit • Rental Income • Old Colorado City • Garden of the Gods Discover this remodeled duplex in west Colorado Springs offering two separate residences and 1,600 total square feet. Each approximately 800-square-foot unit includes 2 spacious bedrooms, 2 full bathrooms, an open living and dining layout, a kitchen, in-unit washer and dryer, and generous storage. Light, bright interiors and open floor plans create flexible spaces for everyday living, dining, and entertaining. With a private bathroom for each bedroom, both units provide practical separation and convenience. Additional property features include a wood-burning fireplace, off-street parking, separate entrances, a fenced rear area, and shared outdoor space. The lower Unit A is vacant and move-in ready, with new luxury vinyl plank flooring and updated finishes. An owner-occupant can live in one residence while leasing the occupied unit, or an investor can place a new tenant in the vacant unit for a two-unit rental property. The existing tenant provides an established rental-income component, while the vacant unit offers flexibility for future plans. Consider this property for house hacking, multifamily investing, or a long-term buy-and-hold rental. Located on Colorado Springs' Westside near the Pleasant Valley and Old Colorado City areas, the property offers access to restaurants, galleries, and shops, Garden of the Gods park and trails, and downtown Colorado Springs. The location also connects to recreation, shopping, services, and employment destinations. For buyers seeking a remodeled duplex with two full bathrooms per unit, in-unit laundry, outdoor space, parking, and the option to occupy or rent, this offers flexible possibilities. Nearby amenities: Old Colorado City, Garden of the Gods, downtown Colorado Springs, neighborhood restaurants and shopping.

1930 W Yampa St, Colorado Springs

$900,000

7001620 MLS

1823 N Nevada Ave, Colorado Springs

$550,000

2706240 MLS

This fully remodeled duplex, surrounded by charming walking paths and extensive gardens, is sure to delight. As you approach the main home, garden views welcome you to the front porch—a lovely spot to enjoy the surroundings. Step through the original front door and discover thoughtful details throughout, including original coved ceilings, paneled doors, and glass doorknobs that preserve the home’s vintage character. The main home features a brand-new kitchen with stainless steel appliances, granite countertops, and a custom tile backsplash. The bathroom pairs custom tile with a vintage-inspired double vanity. The living room overlooks the backyard gardens, and a sunroom off the kitchen offers another relaxing place to unwind. The attached apartment has been remodeled, features all-new windows, and retains its vintage feel. It’s conveniently accessed through the shared laundry room, making the layout well suited to multi-generational living. The property offers even more outdoor space and flexibility: a detached garage with additional space that could make a private library or hearth room, a garden shed with a greenhouse enclosure, an open storage shed with many possibilities, and an additional shed off the garage. With inviting gardens, distinctive character, and versatile spaces, this property offers plenty to explore. Don’t miss seeing it!

1432 Howard Ave, Colorado Springs

$850,000

1843715 MLS

Discover the diverse income possibilities of this mixed-use investment property featuring multiple rental spaces in an established Colorado Springs location. Situated on approximately 0.45 acres, the property includes four separate buildings accommodating two residential rental cottages and three retail storefronts, offering a combination of commercial and residential leasing opportunities. The residential rental spaces each offer a 1 bed, 1 bath ranch layout with a 816 SqFt & 600 SqFt footprint, respectively. Each unit also includes a private fenced yard and dedicated parking, providing separation and outdoor space for occupants. The double unit commercial building has active leases, while the Boulder frontage storefront is vacant and available for potential occupancy. The vacant commercial space features generous storefront windows, a separate storeroom, and an enclosed rear patio with garage-door access. Each commercial unit includes restroom facilities, and a recently installed low-profile business sign adds visibility. A shared driveway serves the property, with customer parking in front of the storefronts and additional parking space behind the buildings. With multiple leasing spaces, existing commercial tenants, and a mix of residential and retail uses, this property offers flexibility for continued rental operations and future leasing opportunities, subject to applicable zoning requirements and approvals.

2382-B E Boulder St, Colorado Springs

$450,000

7422427 MLS

Great Investment Opportunity – Updated Duplex in Central Colorado Springs! Great opportunity to own an updated duplex in a convenient central Colorado Springs location! This well-maintained property offers two spacious units, each featuring 2 bedrooms, a full bathroom, a large kitchen, comfortable living room, and access to a garage. Both units have been updated and include a complete appliance package with a refrigerator, range, dishwasher, washer, and dryer. The functional floor plans offer comfortable living spaces with the convenience of in-unit laundry and garage access. Outside, the fenced yard features a natural turf area and a storage shed, providing an excellent area for recreation or pets. Centrally located with convenient access to shopping, restaurants, parks, schools, and major commuting routes, this property offers an appealing combination of location, functionality, and investment potential. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this updated duplex is an excellent opportunity in the Colorado Springs real estate market!

4024 E San Miguel St, Colorado Springs

$390,000

5273485 MLS

New to the market, this ranch style home in the Southborough neighborhood offers the classic charm of an established neighborhood with the modern twist you desire! Renovated in 2022, this incredible home has a combination of luxury vinyl, carpet, and tile floors. The kitchen is bathed in natural light from the window above the sink, enhancing its bright and airy feel. Designed with an open concept, it features stunning quartz countertops, stainless steel GE appliances, plentiful counter and cabinet space, and a pantry for additional storage! The main-level primary suite is impressively spacious, as you'll see upon viewing. It’s paired with a stunning four-piece bath featuring a generous shower, a lavish soaking tub, a stylish vanity, and additional closet space—it’s absolutely gorgeous! An additional half bath rounds out the main level. The basement features 2 additional bedrooms, a 3/4 bath, a spacious recreation space and a mechanical room with laundry hookups and ample storage space. Tenants will enjoy the comforts of central air conditioning for those sizzlin’ summer days, an attached one-car garage, and a large back yard…mountain views included! With no HOA and easy access to Academy and Powers Blvds, and I-25, and surrounded by a plethora of dining and shopping venues, this home has a lot to offer! Having been recently renovated with nearly everything new, all it needs is a new owner, and that should be YOU!

4087 London Ln, Colorado Springs

$230,000

6072723 MLS

Exceptional turnkey end-unit townhome in Southeast Colorado Springs! This well-maintained two-story residence offers 992 finished square feet featuring 2 bedrooms and 2 bathrooms. The main level welcomes you with an open 12x18 living room centered around a cozy fireplace, an efficient 10x10 kitchen with dedicated 220V service, and a convenient half bath. Upstairs features two comfortable bedrooms—including a spacious 12x15 primary suite and a secondary 10x12 bedroom—alongside a full bathroom. The functional end-unit layout provides extra privacy with only one shared wall and dedicated off-street parking located directly behind the residence. Enjoy low-maintenance townhome living with an established HOA handling exterior maintenance and trash removal, as well as reliable forced-air natural gas heating. Conveniently located near shopping, dining, public transit corridors, Peterson Space Force Base, and Fort Carson. Currently tenant-occupied under an active lease, making this an ideal turnkey addition for portfolio or 1031 exchange investors. Current in-place Cap Rate is approx. 6% based on $1680/mo. rent, $220/mo. HOA, and annual property taxes.

28 Murray Heights Dr, Colorado Springs

$429,000

8478538 MLS

Fully remodeled from the studs, this beautifully updated 3 bedroom, 2 bathroom, one office home offers a rare combination of modern finishes, abundant natural light, flexible living arrangements, and exciting income producing potential. Featuring lots of windows throughout, the home feels bright, open, and welcoming while providing the modern comfort and functionality of a complete renovation. One of the standout features is the separate living area accessible through a private rear entrance. This space includes its own living room, kitchen, 1 bedroom, and 1 bathroom, creating an excellent opportunity for rental income, a guest suite, multigenerational living, or a private space for extended family. The separate access provides added privacy and flexibility for both the main living area and the secondary space. Adding even more versatility, the property is located on a multi use MX-L zoned lot, offering potential for a combination of residential and commercial uses. This unique zoning provides flexibility for a variety of future possibilities and makes this property especially appealing to an owner occupant, investor, entrepreneur, or buyer looking for additional income opportunities. With a complete studs-out remodel, an abundance of windows, bright and inviting living spaces, separate living quarters, private rear access, and multi use zoning, this property offers far more than meets the eye. Whether you are looking for a move in ready home with additional income potential or a property with the flexibility to accommodate future residential and commercial possibilities, this is a unique opportunity worth seeing in person.

2606 E Boulder St, Colorado Springs

$650,000

8 Beds ⋅ 4 Baths ⋅ 6212298 MLS

Located in the highly desirable Cimarron Hills area, 1447 Nokomis Drive presents an exceptional multifamily investment opportunity in the heart of Colorado Springs. This well-maintained fourplex offers a total of 3,106 square feet. It features four spacious units, each designed with two bedrooms and one full bathroom, totaling 8 bedrooms and 4 bathrooms throughout the property. Built in 1972, the asset has been thoughtfully cared for and provides a strong combination of functionality, comfort, and long-term investment potential. Conveniently situated just off the Powers corridor, the property offers quick access to major employers, shopping centers, restaurants, schools, and everyday amenities. Each unit benefits from ample natural light and practical floor plans, while the upper-level units enjoy beautiful mountain views and inviting sitting areas near the front entrance. Parking is abundant, with eight total parking spaces located at the rear of the property, in addition to convenient street parking in front. With its desirable location, stable rental configuration, and consistent upkeep, 1447 Nokomis Drive represents an attractive opportunity for investors seeking dependable income potential in a strong Colorado Springs rental market.

1447 Nokomis Dr, Colorado Springs

$900,000

7 Beds ⋅ 6 Baths ⋅ 7711572 MLS

OLD NORTH END VICTORIAN HOME• 4 RESIDENTIAL UNITS • 3 OCCUPIED RENTAL APARTMENTS • MOVE-IN-READY MAIN HOME • HOUSE-HACKING OPPORTUNITY Own a restored Victorian home in Colorado Springs' historic Old North End! Located at 1823 N Nevada Avenue, this four-unit property combines historic architecture, modern upgrades, and existing rental income. The vacant, move-in-ready main residence offers 3,004 square feet, 4 bedrooms, 2.5 bathrooms, and two spacious levels. A formal entrance and wooden staircase showcase the home's Victorian character, complemented by gleaming hardwood floors, high ceilings, wood-beamed ceilings, chandeliers, custom tilework, and upgraded lighting. Two parlors provide flexible living and entertaining spaces, while the large open kitchen offers room for gathering. A spacious fenced backyard adds outdoor living possibilities. The home's combination of formal gathering rooms, an open kitchen, and a fenced yard creates options for entertaining, a home office, and outdoor dining. Three additional one-bedroom apartments, each approximately 725 square feet, are currently tenant-occupied. With approximately 5,179 total square feet across four residential units, this property offers an opportunity for owner-occupied multifamily living, rental investment, or house hacking. Live in the main home while collecting rental income from the three apartments to help offset ownership expenses! Located near Colorado College, Monument Valley Park, downtown Colorado Springs, restaurants, shopping, I-25, and Highway 24. Historic Victorian details, updated finishes, existing tenants, and a vacant main residence make this a distinctive multifamily opportunity in the Old North End. Buyer to verify square footage, lease terms, rental income, and permitted uses. Nearby amenities - Colorado College — nearby campus - Monument Valley Park — trails and recreation - Downtown Colorado Springs — dining and shopping - I-25 and Highway 24 — regional access

1823 N Nevada Ave, Colorado Springs

$599,000

8973014 MLS

Pikes Peak views, two income streams, and an address minutes from Old Colorado City's shops and dining, Garden of the Gods, Manitou Springs, Red Rocks Canyon, downtown, and near unlimited outdoor adventure. This extensively remodeled West Side duplex sits right where travelers want to stay and long-term tenants want to live. The property features a 2-bedroom/1-bath upper unit and 1-bedroom/1-bath lower unit, each with its own laundry. Both units are fully furnished, with furnishings negotiable. The upper unit is currently leased through December, providing immediate rental income, while the lower unit is ready for occupancy or future rental use. Live in one and rent the other, hold both as long-term rentals, or explore other rental strategies. Extensive improvements mean much of the work has already been completed, including a newer roof, newer furnaces, central A/C added to the upper unit, 200-amp electrical service, new stucco, and re-poured concrete slab areas. Both interiors feature updated kitchens with granite countertops and stainless steel appliances, renovated bathrooms, and luxury vinyl plank flooring. Outside features true Colorado living with multiple outdoor living spaces; multiple concrete patios, a composite deck off a bedroom, and a fire pit, it is easy to enjoy morning coffee and evening sunsets with views. Plenty of flat usable space provides plenty of room for games and play, Three separate covered carports protect vehicles from Colorado weather and there is ample off-street parking on the quiet street. The property is eligible for a non-owner occupied STR permit. Zoned R2 and previously operated with both units as short-term rentals; buyer to verify current regulations, licensing, and permitted uses.

215 N 14th St, Colorado Springs

$525,000

1848520 MLS

PERFECT HOME FOR THE 1031 EXHANGE INVESTOR! TENANTS HAVE 2.5 YEARS REMAINING ON A 3 YEAR LEASE AT $2500/MONTH. 1993 KELLER HOME IN GREAT CONDITION. 4 BED, 3.5 BATH W/FINISHED BASEMENT INCLUDES A WET BAR, 2 CAR GARAGE WITH EXTENDED DRIVEWEAY, CEILING FANS, EAT-IN ISLAND IN KITCHEN, WALK IN CLOSET IN MASTER BEDROOM, 4-PIECE MASTER BATH. QUIET NEIGHBORHOOD AND CONVENIENT LOCATION NEAR SHOPPING, SCHOOLS, AND COTTONWOOD CREEK PARK. WINDOWS UPGRADED TO ANDERSON FIBREX (VINYL/WOOD COMPOSITE) FOR EXCELLENT HEATING/COOLING EFFICIENCY AND EXTERIOR NOISE SUPRESSION. VENTS PROFESSIONALLY CLEANED IN 2026, FURNACE REPLACED IN 2021, AND CENTRAL AIR CONDITION WORKS GREAT.

3325 Honeyburyl Dr, Colorado Springs

$595,000

8668563 MLS

MMG Real Estate Advisors is pleased to present 5525 Bowden Loop, a 4-unit multifamily property located in the Rustic Hills neighborhood on the east side of Colorado Springs, Colorado — the state's second-largest city, roughly 70 miles south of Denver. Situated just off Palmer Park Boulevard and Space Center Drive along the Powers Boulevard / Academy Boulevard retail corridor, the property offers a small-scale, turnkey value-add opportunity in a supply-constrained workforce-housing submarket. With one unit already turned and achieving proven rent premiums, incoming ownership can capture significant loss-to lease recapture by systematically upgrading the property's remaining classic units.

5525 Bowden Loop, Colorado Springs

$625,000

4 Beds ⋅ 3 Baths ⋅ 2894716 MLS

Westside two-story duplex, side-by-side with flipped layouts. The main-level living room features a fireplace with built-in bookshelves on both sides. The kitchen is spacious with lots of cabinets, newer appliances, a large island for bar stools, dining area and ceiling fan. Half bath with vanity counter. Laundry room, washer and dryer included. Each unit enjoys a private back patio. Upstairs, two large bedrooms with double closets and a full bathroom with double sinks vanity. The main bedroom offers access to a shared balcony with fantastic views of Pikes Peak. Both units feature newer carpet. Unit 724 is unoccupied—perfect for an owner-occupant unit. This side features a bright, all-white interior with white cabinetry, silver accents, and access to a full, unfinished basement ideal for storage or a workout space. The backyard is currently gravel, offering great potential for customization. Unit 726 is tenant-occupied and features warm, dark wood trim and cabinetry, brass accents, and stainless steel and black appliances. Has a fenced-in yard. Conveniently located near schools, parks, shopping, & entertainment, with easy access to I25, this property offers an appealing combination of accessibility & lifestyle convenience. This duplex presents an excellent opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The combination of updated finishes, functional layouts, outdoor living spaces, & ideal location makes this property a wonderful addition to any investment portfolio.

724-726 Pioneer Ln, Colorado Springs

$439,000

4900927 MLS

Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm. The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house. This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Skylights with built-in covers on the roof give seasonal flexibility. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. The expansive 9,000 SF lot features alley access, mature trees and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, space to build more or a combination. Property manager and host team is open to continuing management if needed. Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turn-key. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, Cheyenne Canyon, I-25, and Highway 24.

519 N Chestnut St, Colorado Springs

$425,000

5766630 MLS

Well maintained and nicely updated west side duplex, conveniently located near I-25, and downtown, shopping and dining, right on a commuter line. Large lot with big trees, two separately fenced yards with access for each individual unit. Upper unit is occupied through December of this year, lower unit is available to tour. Recently painted, updated HVAC, this property is turn-key and perfect for investors seeking strong rental potential or for an owner occupant to generate income while living in one unit.

1002 N Walnut St, Colorado Springs

$625,000

4821799 MLS

Westside two-story duplex, side-by-side with flipped layouts. The main-level living room features a fireplace with built-in bookshelves on both sides. The kitchen is spacious with lots of cabinets, newer appliances, a large island for bar stools, dining area and ceiling fan. Half bath with vanity counter. Laundry room, washer and dryer included. Each unit enjoys a private back patio. Upstairs, two large bedrooms with double closets and a full bathroom with double sinks vanity. The main bedroom offers access to a shared balcony with fantastic views of Pikes Peak. Both units feature newer carpet. Unit 724 is unoccupied—perfect for an owner-occupant unit. This side features a bright, all-white interior with white cabinetry, silver accents, and access to a full, unfinished basement ideal for storage or a workout space. The backyard is currently gravel, offering great potential for customization. Unit 726 is tenant-occupied and features warm, dark wood trim and cabinetry, brass accents, and stainless steel and black appliances. Has a fenced-in yard. Conveniently located near schools, parks, shopping, & entertainment, with easy access to I25, this property offers an appealing combination of accessibility & lifestyle convenience. This duplex presents an excellent opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The combination of updated finishes, functional layouts, outdoor living spaces, & ideal location makes this property a wonderful addition to any investment portfolio.

724-726 Pioneer Ln, Colorado Springs

$619,346

8 Beds ⋅ 4 Baths ⋅ 6526966 MLS

Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades—making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today!

330 Vehr Dr, Colorado Springs

$619,346

2625743 MLS

Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades—making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today!

330 Vehr Dr, Colorado Springs

$475,000

8483973 MLS

19th century Victorian home on Colorado Springs' desirable west side. Built in 1898, this property offers classic architecture with exceptional flexibility for owner-occupants, multigenerational living, or investment potential. Live in one unit while renting out the other. Currently configured as two separate living spaces, continue as an income-producing duplex or easily reimagine the home as a spacious single-family Victorian residence. The main level showcases beautiful woodwork, lovely hardwood floors, pocket doors, picture rails, two built-in wardrobes and an original built-in secretary with matching desk highlight the home's Victorian heritage. A stunning cut-glass window welcomes you from the covered front porch filling the home with natural light. The spacious main level features two bedrooms, one bath, formal dining area with wood burning stove, kitchen, enclosed sunroom, basement storage, washer and dryer, and access to a detached oversized two-car garage. Upstairs, the apartment offers two bedrooms and one bath, a living area with exposed brick, vinyl windows, eat-in kitchen with pantry, and window A/C unit. Original hardwood floors lie beneath the carpet, giving the next owner the chance to reveal another piece of this home's 1898 craftsmanship. A water circulator was added to the boiler system to improve efficiency throughout the home. Please note, if utilizing as a rental the upstairs unit may have laundry access from the backyard as there is a walkout staircase from the basement. The owners have never tried opening the door. Brand new roof with transferrable warranty. Outdoor living is just as inviting with a fully fenced backyard, mature vegetation, covered front and rear porches, and peaceful spaces to relax or entertain. Just minutes from downtown Colorado Springs and Old Colorado City, this west side gem combines historic beauty, versatility, income potential, and possibilities in one remarkable property. Come see it today!

452 W Yampa St, Colorado Springs

$599,000

2 Beds ⋅ 2 Baths ⋅ 3371409 MLS

$15k Concessions offered for Rate buy down or closing costs. Zoned Mixed-Use, this SFH plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU—delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area—for added flex/utility. Loads of natural light in modern kitchen with coffered ceilings, SS appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance—perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU—ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality—well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting ease of access and tenant convenience. CSU utilities are tenant expense, not separately metered. Historic charm, modern updates, and dual-unit long term rental income potential—this property is a rare, ready-to-perform asset in a prime location.

1208 W Colorado Ave, Colorado Springs

$599,000

9086576 MLS

Zoned Mixed-Use, this Single Family home, plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU—delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area—for added flex/utility. Natural light fills the main living area, flowing into a modern kitchen with coffered ceilings, stainless steel appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance—perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU—ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality—well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting ease of access and tenant convenience. CSU utilities are tenant expense, not separately metered. Historic charm, modern updates, and dual-unit long term rental income potential—this property is a rare, ready-to-perform asset in a prime location.

1208 W Colorado Ave, Colorado Springs

$500,000

8384785 MLS

***Amazing Investor Opportunity*** This tenant-occupied, four-bedroom, three-bathroom home offers immediate rental income with more than two years remaining on the current lease. The functional main-level layout includes a foyer, front bedroom, full bathroom, laundry room, primary suite, and open-concept living, dining, and kitchen areas. The kitchen features a breakfast bar and pantry, while the primary suite offers dual vanities, a soaking tub/shower, and a spacious walk-in closet. Newer luxury vinyl plank and slate flooring enhance the main level. The finished basement includes a large recreation room with fireplace and egress windows, two additional bedrooms, and a full bathroom. Additional features include a three-car garage and a fully landscaped, fenced backyard with a patio, built-in firepit, grassy area, retaining wall, and raised garden beds. Take advantage of this opportunity to add a tenant-occupied property with a long-term lease already in place to your investment portfolio. Schedule your private showing today!

7478 Campstool Dr, Colorado Springs

$459,000

5 Beds ⋅ 3 Baths ⋅ 4100906 MLS

Unique investment opportunity on an almost half-acre, fully fenced cul-de-sac lot! This extensively updated ranch-style property offers two separate living units, providing excellent rental income and flexibility. Unit B features three bedrooms and two bathrooms, while Unit A offers two bedrooms and one bathroom. Each unit has its own living space, kitchen, and washer/dryer hookups. Both units are currently occupied by reliable tenants and generating strong rental income. Recent updates include newer Luxury Vinyl Plank flooring, texture and paint, upgraded bathrooms and fixtures, appliances, doors, and lighting. The property also features two newer furnaces and two newer water heaters. Exterior improvements include newer roofs on all three structures, updated vinyl windows, and an oversized 24' x 30' detached garage with new wiring. Conveniently located near Fort Carson, with easy access to major roadways, dining, shopping, and entertainment. A rare opportunity to own an updated, income-producing property with two separate units, a large lot, and an oversized detached garage.

1130 Valley Manor Ct, Colorado Springs

$650,000

9593839 MLS

Modern and bright, move-in-ready duplex. Everything is brand-new, making this a low-maintenance investment. Located on the desirable west side, there are mountain views in the back. Units are spacious 3 bed/2 ba, with two composite 10 ft decks per unit and private entrances, making this property well suited for both owner-occupant and investor. New, spacious 1,200 sq. ft. units with master baths should command top-of-market rents. Buyers/Buyers' agents to verify all information.

1414 Langmeyer St, Colorado Springs

372-374 S Greensboro St, Colorado Springs

$395,000

9821162 MLS

Fully renovated side-by-side duplex in Stratmoor Hills, both units vacant and move-in ready. Each side is 2 bedrooms, 1 bath, about 768 sq ft, with its own entry under a covered walkway, a private fenced backyard with patio and storage shed, and washer/dryer hookups. The 2026 renovation includes new luxury vinyl plank flooring in the living areas and kitchens, new carpet in the bedrooms, white shaker kitchen cabinets with subway tile backsplash and new sinks and faucets, updated bathrooms with new tub surrounds, vanities, toilets and medicine cabinets, new interior and exterior doors and hardware, new lighting and ceiling fans, new baseboards, and fresh paint inside and out. Unit 372 has a stainless range and dishwasher. Unit 374 has a wall of large windows across the back with a door to the patio, so the living room is full of natural light. Forced air heat and wall AC in each unit, separately metered gas and electric, off-street parking for each side. Brick construction, single level, no stairs, no HOA. Unincorporated El Paso County, RS-5000 zoning, Colorado Springs Utilities. Live in one side and rent the other, or add a turnkey two-unit rental to the portfolio. Close to Fort Carson and I-25.

372-374 S Greensboro St, Colorado Springs

$375,000

5555487 MLS

Get ready for an incredible opportunity with this spacious home on a large corner lot! The upstairs is vacant and movein ready, featuring 3 bedrooms, 2 baths, and a 1-car garage—perfect for living in while the basement can be rented out, which is a charming 2- bedroom, 1-bath. Whether you choose to live in the whole house or just make the upstairs your home and rent out the lower for extra income, or keep both as rentals for maximum returns, this property offers unbeatable flexibility and potential.

834 Tia Juana St, Colorado Springs

$400,000

4931971 MLS

Updated Duplex with Income Potential! Originally built as a single-family home, this property was thoughtfully converted to a duplex, offering a great opportunity for rental income or an owner-occupant looking for additional income. The home was updated in 2019 and features two separate living spaces with shared garage and yard areas. The upper-level unit offers 2 bedrooms, 1 bathrooms, beautiful hardwood floors, and plenty of natural light. This unit also includes one stall in the shared garage. The lower-level unit features 1 bedroom, 1 bathroom, bright finishes, and windows that bring in natural light. The furnace is located in this unit, and it also includes one stall in the shared garage. Both units share the yard, with tenants responsible for coordinating yard maintenance. Utilities are billed to tenants at a flat rate, making management and monthly expenses simple and predictable. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this unique duplex offers flexibility and opportunity.

222 W Polk St, Colorado Springs

$399,900

8813216 MLS

Take in views of Pikes Peak and the Front Range & imagine gazing at sunsets from the covered front porch before stepping through the front door, where natural wood floors capture your attention. Just around the corner, you'll discover a generously sized kitchen with abundant cabinetry, expansive prep space, lower cabinet pullouts, & a pantry. Complete with a breakfast bar, the kitchen also features an eating nook that offers mountain views & the perfect backdrop for your morning coffee. A separate dining area walks out to the privacy-fenced backyard & flows seamlessly into the living room, creating the perfect layout for everything from casual family gatherings to holiday entertaining. A gas fireplace & built-in niche add warmth & character to the living room. Heading down the hall, you'll appreciate the built-in cabinet that adds charm with practical storage before arriving at the spacious primary suite, showcasing a walk-in closet, dual vanity, & soaking tub/shower combination. A full bathroom & two additional bedrooms complete this wing, offering flexibility for a guest room, home office, or hobby space. The mud room provides a convenient main-level laundry area with overhead storage cabinets & is located just off the attached two-car garage. A service door provides easy access from the garage to the backyard. The unfinished basement offers room to grow, with a finished three-quarter bathroom, two large crawl spaces, an under-stair storage closet, & an open layout ready to finish & add value as your needs evolve. Additional updates offering peace of mind include a new roof in 2025 & a furnace replaced in 2021. Located in an established neighborhood near parks & schools, with easy access to the Powers Corridor & Academy Boulevard, you'll enjoy an abundance of retail, dining, & entertainment venues within a short drive. Uniquely offering three bedrooms on the main level sets this home apart from many! All this home needs is a NEW owner - that should be YOU!

625 Golden Eagle Dr, Colorado Springs

$715,000

4 Beds ⋅ 4 Baths ⋅ 7631194 MLS

Set on a spacious corner lot, this Colorado Springs duplex brings together open living spaces, dedicated outdoor areas, and a convenient setting. Both units offer an identical 3-bedroom, 2-bath layout designed with comfortable everyday living in mind. Upstairs, the living room centers around a fireplace and flows into the dining area with walk-out access to a private deck showcasing mountain views. The adjacent kitchen connects naturally with the main living spaces, while the primary bedroom is also located on this level with its own deck access. Downstairs, two additional bedrooms, a full bath, and laundry area provide separation and flexibility. Each unit extends outdoors with its own deck and dedicated fenced yard, creating defined spaces for relaxing, dining, or entertaining. Additional property beyond the back fence extends to the property line and provides versatile space for RVs, trailers, or other large vehicles. Just minutes from Academy Blvd, with convenient access to I-25 and nearby shopping, dining, and outdoor recreation at Pulpit Rock Park.

6716 Hampton Dr, Colorado Springs

$715,000

7992568 MLS

Set on a spacious corner lot, this Colorado Springs duplex brings together open living spaces, dedicated outdoor areas, and a convenient setting. Both units offer an identical 3-bedroom, 2-bath layout designed with comfortable everyday living in mind. Upstairs, the living room centers around a fireplace and flows into the dining area with walk-out access to a private deck showcasing mountain views. The adjacent kitchen connects naturally with the main living spaces, while the primary bedroom is also located on this level with its own deck access. Downstairs, two additional bedrooms, a full bath, and laundry area provide separation and flexibility. Each unit extends outdoors with its own deck and dedicated fenced yard, creating defined spaces for relaxing, dining, or entertaining. Additional property beyond the back fence extends to the property line and provides versatile space for RVs, trailers, or other large vehicles. Just minutes from Academy Blvd, with convenient access to I-25 and nearby shopping, dining, and outdoor recreation at Pulpit Rock Park.

6716 Hampton Dr, Colorado Springs

$825,000

8 Beds ⋅ 6 Baths ⋅ 6564301 MLS

2350 Split Rock Drive presents an attractive opportunity to acquire a townhome style four-unit multifamily property totaling 3,904 square feet in one of the most desirable & established rental markets within the Colorado Springs submarket. Built in 1984, the property offers investors an efficient, manageable asset with four residential units each offering 2BD and 1.5BA nearing 1000SF each with six surface parking spaces. Each unit features front & rear entrance, in unit washer & dryer hookups and spacious bedrooms with large closets. Located in the 80919 area, the property benefits from a desirable residential setting with convenient access to major roadways, employment centers, retail, dining, recreation, and other everyday amenities. The surrounding area includes established residential neighborhoods and is positioned near the outdoor attractions that contribute to the appeal of northwest Colorado Springs. Colorado Springs continues to benefit from a diversified economy supported by defense, aerospace, healthcare, technology, education, and other major employment sectors. The property’s combination of a limited four-unit scale, dedicated parking, established construction, and location within a strong Colorado Springs rental market makes 2350 Split Rock Drive an appealing opportunity for investors seeking stable multifamily exposure with potential for long-term income growth and appreciation.

2350 Split Rock Dr, Colorado Springs

$629,000

2669587 MLS

An exceptional opportunity for investors, house hackers, first-time buyers, or anyone looking for a home that can help offset the cost of ownership! Located in Colorado Springs' desirable Westside, this unique property is currently operating as a short-term and mid-term rental and is configured as two separate living spaces. The main level features 2 bedrooms, a full bathroom, comfortable living space, updated kitchen with stone countertops, laundry, and access to the covered deck and backyard. Downstairs, the fully finished walkout basement offers 2 additional bedrooms, a 3/4 bathroom, second kitchen, living room, laundry, and separate exterior access—creating excellent flexibility for guests, extended family, or continued rental use. For buyers looking to get into homeownership, the layout creates a compelling option to live in one portion of the home while renting the other to generate additional income and potentially offset monthly housing expenses. Investors can continue utilizing both spaces as income-producing rentals, offering multiple ways to make the property work for your goals. Just minutes from historic Old Colorado City and Downtown Colorado Springs, enjoy convenient access to restaurants, local shops, breweries, galleries, entertainment, and year-round events. Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Colorado College, and abundant outdoor recreation are also within easy reach. Both units are currently being utilized as rentals, with stays commonly extending approximately one month at a time. A professional STR competitive analysis is available for buyers interested in exploring the property's income potential. The seller is also open to including furnishings depending on the offer. This Westside home offers a rare combination of versatility, location, and existing rental use.

411 Olive St, Colorado Springs

3006 & 3014 N Institute St, Colorado Springs

$649,000

8 Beds ⋅ 4 Baths ⋅ 2124802 MLS

3006 & 3014 North Institute Street presents an attractive multifamily investment opportunity consisting of two duplexes totaling four units and 2,304 square feet of building area in Colorado Springs. Built in 1954, this single-story property offers investors a straightforward four-unit configuration with an established residential setting and efficient building footprint. The two-duplex layout provides diversified rental income across four individual units each offering 2-Bedroom & 1-Bathroom units with 2 of 3 current rents at $1,295 per month per unit, while maintaining a manageable scale for both hands-on and professional ownership. The property benefits from its location in Colorado Springs, one of Colorado’s largest and most dynamic metropolitan areas. Residents enjoy convenient access to major employment centers, retail, dining, recreation, educational institutions, and regional transportation corridors. The surrounding area provides an established residential environment with access to the broader amenities and economic drivers such as Roadhouse Cinemas, Vasa Fitness etc that continue to support demand for rental housing throughout the Colorado Springs market. For investors, 3006 & 3014 North Institute Street offers an opportunity to acquire a compact multifamily asset with four individual income-producing units and potential for future value enhancement. The property is also an excellent fit for an owner-occupant, with one unit currently vacant and ready for immediate move-in. Live in one unit while generating rental income from the remaining units, providing an attractive opportunity to offset housing costs while building long-term equity. The combination of existing cash-flow potential, owner-occupant flexibility, and opportunities to enhance long-term income and value makes this asset well suited for both investors and buyers looking to house hack in Colorado Springs.

3006 & 3014 N Institute St, Colorado Springs

$600,000

10 Beds ⋅ 4 Baths ⋅ 5981324 MLS

HUGE Price Reduction on this great investment - now offering a 7.44% Cao Rate! 2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility. With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential. NEW Offer price of $600,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake! Contat agent for showings.

2107 Preuss Rd, Colorado Springs

$670,000

8 Beds ⋅ 4 Baths ⋅ 3703452 MLS

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

33 University Dr, Colorado Springs

$525,000

3 Beds ⋅ 3 Baths ⋅ 3107641 MLS

$10,000 SELLER CONCESSION TOWARD BUYER'S CLOSING COSTS, INTEREST RATE BUYDOWN, OR PRICE REDUCTION AT CLOSING! Just blocks from the heart of Downtown Colorado Springs, this beautifully updated home features a separate garden-level apartment with a private entrance—ideal for a roommate, college student, home office, or potential rental income. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, newer appliances, and pull-out shelving. Main-floor laundry adds convenience, and the spacious bedroom opens directly to the deck. The refreshed bath includes a new vanity, shower insert, and updated plumbing fixtures. Upstairs, the spacious suite features two closets, built-ins, a seating area, LVP flooring, a new skylight, and Pikes Peak views. The garden-level apartment offers brand-new carpet, new windows with abundant natural light, a new ¾ bath, PRIVATE ENTRANCE, and access to a large storage room. EXTENSIVE IMPROVEMENTS include new windows throughout, a new electrical service panel, additional circuits, new receptacles and switches, updated light fixtures, a newly lined sewer line, and new basement lift pump. Additional updates include a new front and storm door, new sliding door with in-glass blinds, rebuilt front stairs, and new interior barn doors. Outside, enjoy low-maintenance xeriscaping, RV parking, and alley access to the garage. Restaurants, coffee shops, and Downtown Colorado Springs amenities are just blocks away. Updated, versatile, and ideally located, 225 N Cedar Street offers the added advantage of a separate apartment in the heart of the city.

225 N Cedar St, Colorado Springs

$699,000

8 Beds ⋅ 8 Baths ⋅ 5015752 MLS

1011–1013 Bennett Avenue presents an exceptional opportunity to acquire a well-positioned, recently renovated multifamily asset in the heart of Colorado Springs, Colorado 80909. The property consists of 4 total units configured as spacious 2-bedroom, 2-bath residences, each averaging 800 square feet, offering a highly desirable layout for today’s renter demand. Located in a strong infill submarket with convenient access to major employment centers, military installations, and downtown Colorado Springs, the asset benefits from consistent rental demand driven by the area’s growing population and diverse economic base. The units feature functional floorplans with modern upgrades throughout, including in-unit laundry, updated interiors with custom fireplace surrounds, LED Lighting and stainless appliances. Reserved, off-street parking is also available, supporting both tenant retention and long-term stability. With its central location and efficient unit mix, this property is well-suited for investors seeking a low-vacancy, income-producing multifamily asset in a supply-constrained rental market.

1011 Bennett Ave, Colorado Springs

$2,500,000

20 Beds ⋅ 15 Baths ⋅ 6651502 MLS

This property includes a ten unit apartment building, a cottage, and 2 duplexes. All the residences are situated on a gorgeous, treed, park-like setting adjacent to the stream in Cheyenne Canyon, west of Cresta Rd., in the highly desirable area next to the Broadmoor. The units are fully leased and have been updated as they become ready to re-lease. There are 3 schedule numbers for the entire listing that is available for purchase and the owner is providing rental spreadsheets with income allocations that are available upon request. There are misc. appliances in each of the units. The type and number of appliances varies. A coin operated washer dryer in the large 10 unit building that the tenants share and each of the duplex tenants own their own washer and dryers, if they exist.

1609 W Cheyenne Rd, Colorado Springs

$360,000

4 Beds ⋅ 3 Baths ⋅ 2924415 MLS

Priced to sell!!Step into a piece of Colorado Springs history with this authentic 1888 Victorian, ideally located just steps to the vibrant downtown core. Rich with character and timeless architectural details, this unique property offers a rare blend of historic charm and modern flexibility. Currently configured with separate upper and lower living spaces, the home presents a variety of possibilities for today's buyer. Live comfortably in one portion of the home while generating income from the other, create a private space for multigenerational living, or restore the property to its original grandeur as a single-family residence. For those seeking supplemental income, the property's layout may also lend itself to an owner-occupied short-term rental opportunity, subject to local regulations and licensing requirements. High ceilings, period details, and the unmistakable character of a true Victorian create an atmosphere that simply cannot be replicated in newer construction. Enjoy easy access to downtown restaurants, breweries, coffee shops, parks, cultural attractions, and major employers, all while owning a distinctive home that stands out from the ordinary. Whether you're looking for a primary residence with income potential, a flexible living arrangement, or a historic property to make your own, 415 E. Bijou Street offers a unique opportunity in one of Colorado Springs' most desirable urban locations.

415 E Bijou St, Colorado Springs

$680,000

5 Beds ⋅ 3 Baths ⋅ 7859233 MLS

Exceptional opportunity to acquire a well-positioned multifamily asset in the highly desirable west side corridor of Colorado Springs. Located between Downtown and Old Colorado City, 908 W Colorado Avenue features a fully remodeled 3-bedroom, 2-bath main home plus a detached 1-bedroom cottage, offering strong rental appeal and a turnkey investment opportunity. Renovations completed within the past two years provide modern finishes and limited near-term capital needs, while tenants pay their own utilities for streamlined operations. Situated next door is 910 W Colorado Avenue, a fully renovated triplex also available for purchase, this offering presents a rare chance to control neighboring multifamily properties in one of the city’s most supply-constrained rental markets. Seller prefers to sell 908 W Colorado together with 910 W Colorado but will entertain individual sales The property offers convenient access to Downtown Colorado Springs, Old Colorado City, I-25, Highway 24, local dining, retail, and outdoor amenities continues to drive strong tenant demand in this highly sought-after location.

908 W Colorado Ave, Colorado Springs

$574,000

4 Beds ⋅ 2 Baths ⋅ 1788443 MLS

124 & 126 W Cheyenne Road presents a rare opportunity to acquire a well-maintained duplex in a highly desirable Colorado Springs location. Constructed in 1956, the property consists of two spacious residential units totaling approximately 1,801 square feet. Each unit features a functional 2-bedroom, 1-bathroom/1.5 bathroom floor plan designed to appeal to a broad tenant base seeking comfortable living accommodations in a convenient urban setting. The property offers two carport spaces on 124 and two car garage at 126, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term appreciation potential. Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area's most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado's most desirable places to live. Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.

124 W Cheyenne Rd, Colorado Springs

$440,000

5 Beds ⋅ 2 Baths ⋅ 6076879 MLS

County: El Paso Year Built: 1898 Buildings | Stories: 1 | 1 Total Units: 2 Construction: Wood Siding Roof Type: Pitched Gross Building SF: 1,925 Lot SF: 3,480 Parking: Off-Street/Street Heating: Electric Baseboard Zoning: R-2 Gas/Electric: Individual Water/Sewer: Master The Pikes Peak Duplex offering presents a prime multifamily investment opportunity in the heart of historic Old Colorado City, Colorado Springs. This charming side-by-side duplex delivers two renovated units with strong rental appeal, combining substantial recent capital improvements and remaining cosmetic value-add upside in one of the city’s most vibrant, walkable, and desirable neighborhoods. Just minutes from Garden of the Gods, Cheyenne Mountain Zoo, The Broadmoor, and Downtown CO Springs, residents enjoy immediate access to premier lifestyle amenities, outdoor recreation, and major employment centers. Recent upgrades include LVP flooring throughout, PEX plumbing conversion, and complete electrical panel modernization to current code standards. Units feature kitchen updates with backsplash, appliances, cabinets, and sink, plus bathroom renovations with tile and vanity. This stabilized duplex offers investors a combination of location-driven demand, significant capital improvements, and targeted value-add upside through cosmetic enhancements. With strong in-place performance and long-term appreciation potential in a premium neighborhood, it represents a compelling entry point into the Colorado Springs multifamily market. HIGHLIGHTS - LVP flooring replacement throughout - $30K worth of interior improvements - Plumbing line replacement to PEX piping - Electric breaker panel and electric main line upgrade to modern code standards - Excellent location in the heart of Old Colorado City and 10 minutes west of Downtown CO Springs - Excellent walkability to unique/vibrant retail shops, restaurants, and entertainment

2201 W Pikes Peak Ave, Colorado Springs

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