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

Property is a 6 unit apartment complex, all units are occupied currently. Paved parking lot, all units have updated baths, many with updated flooring, all units are main level living. Unit 1 is a two bedroom and is the largest unit - unit 2 is a studio/1 bedroom - unit 3 is a studio - unit 4 is a studio - unit 5 is a studio - unit 6 has 2 bedrooms and is the 2nd largest unit. Current leases are as follows- unit 1 - 10-31-06, unit 2 - 11-30-26, unit 3 - 5-31-27, unit 4 - 2-28-27, unit 5 - 10-31-26, unit 6 - 10-31-26. Some units have baseboard heat and others have a furnace. Units have long term tenants and have been easy to rent in the past.

2343 E Boulder St, Colorado Springs

$629,900

8 Beds ⋅ 4 Baths ⋅ 7998221 MLS

Brick fourplex directly across from Patty Jewett golf course frontage on a rare 15,387 sqft double lot in Golf Club Acres. Four 2-bed/1-bath units, all ground level with private entrances and original hardwood floors. Gas and electric utilities are individually metered; tenants pay their own. Three units are occupied on month-to-month terms at $3,025/month with market rents at $1,100+/unit, offering immediate upside. Fourth unit is vacant, and move-in ready, making this an ideal FHA/VA owner-occupant opportunity or immediate lease-up for an investor. Washer/dryer hookups are in the units. Off-street parking, mature trees, and no facing neighbors. These rarely become available in this pocket.

1409 E Caramillo Street, Colorado Springs

$455,000

3740660 MLS

Located in the heart of Downtown Colorado Springs, this charming property offers a unique blend of character, functionality, and income potential. The main home features 2 bedrooms, 1 bathroom, and just over 600 square feet of thoughtfully designed living space which has been freshly painted. Enjoy a recently updated kitchen complete with subway tile backsplash, stainless steel appliances, and tile flooring. New luxury vinyl plank extends through the living room and connected bedroom, creating a warm and cohesive feel. The property also includes alley access and an oversized one-car detached garage. Adding to its appeal, this property includes a separate accessory dwelling unit (ADU). The detached 1-bedroom, 1-bath cottage spans approximately 460 square feet and offers its own private entrance. Stylish and efficient, the space features a kitchen with concrete countertops, countertop oven, dishwasher, and refrigerator. Modern finishes such as gray luxury vinyl plank flooring, a shiplap accent wall, and updated lighting create a cozy, contemporary tiny-home atmosphere. Ideally located near downtown shopping, dining, and entertainment, this versatile property is zoned R-2 and offers excellent flexibility for a variety of living or investment opportunities. Don’t miss this one-of-a-kind opportunity—schedule your showing today!

207 N Hancock Ave, Colorado Springs

$899,000

6 Beds ⋅ 3 Baths ⋅ 7165543 MLS

Remodeled and beautiful zoned triplex in Colorado Springs. All 3 units are rented. Upper unit: Updated kitchen and bathrooms, added washer and dryer hookups, added dishwasher hookups, added central ac, upgraded heating and divided units to their own unshared system, fresh paint, remodeled indoor stairs, remodeled outdoor fire escape stairs, sealed exterior doors and added keyless entry lock, added wood baseboards and luxury vinyl plank flooring, ceiling touch ups, new light fixtures, lighting in attic. Main level unit, Added A/C and separated shared HVAC system, added mini splits and wall units, painted kitchen cabinets, upgraded gas oven, weather sealed exterior doors, new lighting in kitchen, refinished front porch and added storage under porch. Lower level unit, Double insulated ceiling for sound dampening, removed exposed ducts and installed new drywall, updated kitchen, updated bathroom, added ac and separated heating elements from a shared unit. New water heater, mew radon system, new doors and handles, added lighting and upgraded light fixtures, added support pillar, added dishwasher, added closet doors. Exterior: Mulch, added cobble stone patio area, added plants and brick, buried drain line, fixed fencing, painted pillars, window trim and front porch, ambient lighting around fence, removed dead tree, new roof 2026.

930 N El Paso Street, Colorado Springs

$339,000

9825877 MLS

Turnkey and full of opportunity! This beautifully maintained 2-bedroom, 1-bath rancher offers approximately 864 sq ft of low-maintenance living and exceptional investment potential. Skip the renovation projects with a brand-new roof and plush carpet (both installed June 2026), durable tile flooring, and a stucco exterior designed for easy upkeep. The functional floor plan features a primary bedroom with an ensuite bath, conveniently located near the stackable washer and dryer. The kitchen and dining area open to a spacious side patio, creating effortless indoor-outdoor living, while the fully fenced backyard provides room for pets, gardening, entertaining, or simply relaxing—all with Pikes Peak views. Ample off-street parking accommodates four or more vehicles, with additional space for RV and/or boat parking. Ideally located just minutes from I-25, Downtown, University Village, UCCS, shopping, restaurants, and entertainment, this move-in-ready property offers broad appeal for owner-occupants and strong rental potential for investors seeking a turnkey addition to their portfolio.

3025 Grandview St, Colorado Springs

$1,795,000

2901643 MLS

Charm, fantastic location, and beauty come together in this incredible property on the Westside of Colorado Springs bordering Manitou Springs. You will be delighted with every element of this 7-Cottage, 2-home compound currently being run as both long term and short term rentals. There are so many possible uses here: keep it running exactly as is (STR permit is not transferable but the City has said it is legal to continue running as strs—buyer to verify), use it as a retreat for a church or business, enjoy it as a family compound in the back with long term rental cottages in the front, or for redevelopment. The property consists of 4 parcels, each zoned R2, and includes a restored historic 2 bedroom, one bath craftsman home, a newer 2 bedroom 1 bath two story cottage style home, 4 one bedroom cottages, and 3 studio cottages. There is room on one parcel grandfathered in for another dwelling to be built. Now, the location! The property sits in the popular and lovely westside neighborhood known as Lenin Park, in the shadow of Pikes Peak Mountain. A long running horse stables is across the street which adds to the feeling of always being on vacation as happy riders pass by daily. (The stables does private boarding of horses.) You are also within walking distance to Garden of the Gods neighborhood trails, within a mile of Manitou Springs downtown and a mile the other way to fun and funky Old Colorado City. Also across the street is a long running bicycle lodge which has live entertainment several nights a week. All 4 of the Airbnbs/VRBOs are in the top 5% of the City’s strs, and ALL are furnished with high end everything—furniture, rugs, bedding, dishes, appliances, art that convey with the sale. The current owners are retiring and relocating after 9 busy seasons hosting over 2,500 groups. Did we mention the grounds and the gardens? Stunning! Truly this is a magical property that may only come along once in a lifetime.

102 Holly St, Colorado Springs

$649,900

4121287 MLS

Don’t wait to expand your portfolio with this beautifully renovated four-plex located in the desirable Village Seven area of Colorado Springs! With an impressive rental profile, this income property is fully occupied and features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. The upper-level units are flooded with natural light, while the lower-level units enjoy their own private patios. Updates throughout the property include modern luxury vinyl plank flooring, sleek stainless steel appliances, dishwashers, and convenient on-site laundry facilities. Tenants enjoy efficient baseboard heating and an unbeatable central location. Situated with effortless access to the Powers Corridor, residents are just minutes away from top-tier shopping, dining, entertainment, schools, and major military establishments. Whether you're looking for a turn-key investment or a stellar addition to your portfolio, this versatile multi-family asset is ready for its next owner!

4725 Picturesque Dr, Colorado Springs

$449,900

1362158 MLS

Unlock the potential of this centrally located duplex in the established Knob Hill neighborhood. Offering 2,329 square feet, this property features two separate ranch-style living spaces, each with its own entrance, kitchen, laundry area, and living room. The front unit (1165 square feet) offers 2 bedrooms, an office or non-conforming bedroom, and 2 bathrooms. The rear unit features approximately 1,164 square feet with 2 bedrooms and 2 bathrooms. A detached one-car garage, additional off-street parking, and functional layout provide flexibility for a variety of ownership options. Located minutes from downtown Colorado Springs, parks, shopping, dining, schools, medical facilities, and major transportation corridors, the location provides convenience and accessibility to everyday amenities.

622 Prairie Rd, Colorado Springs

$399,999

1977897 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 with room to grow, 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 look, and own a property with outstanding location, flexibility, and long-term upside.

1119 W Kiowa St, Colorado Springs

$650,000

4178115 MLS

Excellent investment opportunity on Colorado Springs’ desirable Westside! This well-located fourplex features four thoughtfully designed units, each offering two bedrooms- primary bedroom includes dual access to one full bathroom, a comfortable living area and a functional eat-in kitchen. Most units have updated carpet and/or paint. The property also includes convenient on-site laundry facilities. Tenants enjoy access to individual storage closets and off street parking lot access. Situated near Old Colorado City, residents enjoy easy access to neighborhood restaurants, shopping, parks, trails and everyday conveniences, with Downtown Colorado Springs and I-25 only minutes away. The established Westside location make this property an appealing addition to an investment portfolio, with continued rental demand and long-term income potential. Don’t miss this opportunity to own a multi-unit property in one of Colorado Springs’ most sought-after and convenient areas!

533-539 Superior St, Colorado Springs

$599,900

3856601 MLS

Fully remodeled duplex in the hear of desirable Old Colorado City offering a turnkey investment opportunity with both units leased through July and august of 2027. Thoughtfully updated throughout, each unit features durable luxury vinyl plank flooring, matching stainless steel appliances, and modern finishes designed to attract and retain quality tenants. Combining historic charm with contemporary updates, this income producing property is ideally located just minutes from the sops, restaurant's, breweries, and entertainment along historic Colorado Avenue, with convenient access to downtown Colorado Springs, I-25, parks, and outdoor recreation. Whether you're looking to expand your portfolio or secure a well maintained asset with established rental income, this beautifully renovated duplex is an exceptional opportunity in one of Colorado Springs most sought after neighborhoods.

2321 W Bijou St, Colorado Springs

$649,000

10 Beds ⋅ 4 Baths ⋅ 9848883 MLS

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

340 Gahart Drive, Colorado Springs

$479,999

3275868 MLS

Don't miss this exceptional opportunity to own a fully remodeled duplex in a convenient central location! Each unit offers 2 bedrooms, 2 bathrooms, and approximately 800 square feet of thoughtfully updated living space. Recent renovations include new flooring, fresh interior paint, updated bathrooms, and modern appliances, making this a truly turn-key investment. The property features easy access to the interstate, shopping, restaurants, and everyday conveniences. The lower unit is currently leased through December with a strong rental history, offering immediate income while providing flexibility for an owner-occupant to live in the upper unit or for investors seeking a reliable addition to their portfolio. With extensive updates already completed, an established tenant in place, and excellent income-producing potential, this duplex stands out as one of the best opportunities available in the area. Whether you're looking to house hack or expand your investment portfolio, this property is ready to deliver.

2512 E Monument St, Colorado Springs

$2,969,700

4651991 MLS

Colorado Springs

$439,000

4 Beds ⋅ 4 Baths ⋅ 2632337 MLS

2030 W. Yampa Street presents an opportunity to acquire a fully occupied, cash flowing duplex in one of the Colorado Springs most established residential neighborhoods. Built in 1986, the property consists of two units totaling 1,600 square feet. Each unit offers 2 bedroom, 2 bathrooms, 800SF with in unit washer & dryer hookups, dishwashers, large walk-in closets and a spacious living area with a fireplace. Leases in place currently run through May of 2027. Its location near Old Colorado City provides residents with convenient access to popular restaurants, shopping , parks, hiking trails, and major employers, while also offering quick connectivity to Highway 24, Downtown Colorado Springs, and recreational destinations including Garden of the Gods and Red Rock Canyon Open Space. With its desirable duplex layout, established neighborhood setting, and proximity to abundant lifestyle amenities, 2030 W. Yampa Street offers stable income potential and long-term appreciation within one of the region’s most consistently performing rental markets.

2030 W Yampa Street, Colorado Springs

$595,000

3028303 MLS

This offering is three schedule numbers combined as one portfolio. Historic character and close to downtown Colorado Springs and Old Colorado City. Two homes , a commercial business building , a lot , and 2 sheds. The total square footage for the Lott size is 14,440 that is the total of the three schedule numbers as represented in the El Paso County assessors office.

414 W Kiowa St, Colorado Springs

$625,000

3629062 MLS

Take a look at this wonderful DUPLEX investment opportunity! Each unit in this property features 2BR/2.5BA, a Kitchen, Living Room, Laundry Area (with washer and dryer included), AND an attached 2-car garage! The property is situated just minutes from the world-famous Garden of the Gods, offering miles of free hiking and biking trails. It is also close to the stunning red rock formations of Red Rock Canyon Open Space! Dining & shopping options are close by in the heart of Old Colorado City, known for its bustling downtown strip lined with independent boutiques, art galleries, and acclaimed local restaurants along West Colorado Avenue. The area offers quick access to Highway 24, which connects directly to the Pikes Peak Highway and mountain towns, as well as easy access to Interstate 25 for convenient commuting! This property has a solid tenant rental history and provides a layout that's ideal for an owner-occupant investor! Reach out to schedule your private showing today!

565-575 N Willamette Ave, Colorado Springs

$495,000

8994137 MLS

Three-unit investment property located near Memorial Park is ready for you! "Main House" has 2 bedrooms and 1 bath, "Long House" has 1 bedroom and 1 bathroom, "Cottage" has 1 bedroom and 1 bathroom. All units come with refrigerator, stove, washer, & dryer. Tenants are currently on month-to-month lease.

426 S Hancock Ave, Colorado Springs

$875,000

7210227 MLS

Discover a distinctive new-construction duplex in central Colorado Springs, thoughtfully designed to provide the privacy & feel of 2 separate homes. Connected only by a shared storage wing, each home features its own driveway, private entrance, attached garage, exterior storage room, & spacious fenced patio, creating an ideal balance of independence & flexibility. Located moments from the historic Patty Jewett Golf Course & within easy reach of downtown restaurants, shopping, parks, & trails, the property also enjoys beautiful Pikes Peak views from multiple windows. Its highly walkable setting places residents near Bonforte Park, Shooks Run Trail, & many of Colorado Springs' most popular destinations. Inside, each home offers a bright, open-concept main level where the living, dining, & kitchen areas flow seamlessly together. Luxury vinyl plank flooring, recessed lighting, upgraded fixtures, & a walkout to the private patios create an inviting setting for everyday living & entertaining. The kitchens are finished with quartz countertops, tile backsplashes, stainless steel appliances including a gas range, generous cabinetry, & oversized center islands with seating. Energy-efficient construction, central air conditioning, & tankless water heaters providing on-demand hot water, enhance comfort while supporting long-term efficiency & value. Upstairs, each home features 3 bedrooms & 2.5 bathrooms, including a private primary suite with a walk-in closet & an en-suite bath offering a double sink vanity & walk-in shower. 2 addtl bedrooms include their own walk-in closet & share a full bath with dual sinks & a tiled tub/shower. A conveniently located upper-level laundry area incl the washer/dryer. Blending contemporary finishes, low-maintenance outdoor living, energy-conscious design, & an exceptional location, this uniquely designed property offers outstanding flexibility for owner-occupants, multigenerational living, or investors seeking a high-quality rental opportunity.

1217 Custer Ave, Colorado Springs

$875,000

6 Beds ⋅ 6 Baths ⋅ 6988355 MLS

Discover a distinctive new-construction duplex in central Colorado Springs, thoughtfully designed to provide the privacy & feel of 2 separate homes. Connected only by a shared storage wing, each home features its own driveway, private entrance, attached garage, exterior storage room, & spacious fenced patio, creating an ideal balance of independence & flexibility. Located moments from the historic Patty Jewett Golf Course & within easy reach of downtown restaurants, shopping, parks, & trails, the property also enjoys beautiful Pikes Peak views from multiple windows. Its highly walkable setting places residents near Bonforte Park, Shooks Run Trail, & many of Colorado Springs' most popular destinations. Inside, each home offers a bright, open-concept main level where the living, dining, & kitchen areas flow seamlessly together. Luxury vinyl plank flooring, recessed lighting, upgraded fixtures, & a walkout to the private patios create an inviting setting for everyday living & entertaining. The kitchens are finished with quartz countertops, tile backsplashes, stainless steel appliances including a gas range, generous cabinetry, & oversized center islands with seating. Energy-efficient construction, central air conditioning, & tankless water heaters providing on-demand hot water, enhance comfort while supporting long-term efficiency & value. Upstairs, each home features 3 bedrooms & 2.5 bathrooms, including a private primary suite with a walk-in closet & an en-suite bath offering a double sink vanity & walk-in shower. 2 addtl bedrooms include their own walk-in closet & share a full bath with dual sinks & a tiled tub/shower. A conveniently located upper-level laundry area incl the washer/dryer. Blending contemporary finishes, low-maintenance outdoor living, energy-conscious design, & an exceptional location, this uniquely designed property offers outstanding flexibility for owner-occupants, multigenerational living, or investors seeking a high-quality rental opportunity.

1217 Custer Avenue, Colorado Springs

$658,000

3402345 MLS

Beautiful Updated Victorian style home, 3 bedrooms, 3 full baths, plus 1 bd, 1 bath cottage. On 26,000 sq.ft. lot. Well-maintained home, 2,348 sq.ft. Newer master bath and remodeled kitchen with large pantry and new cabinets. Spacious main bedroom, 29 x 10 with large closet. Separate laundry room with newer washer, dryer, storage shelves. Hardwood floors, many new windows and new light fixtures. Unique, original large pocket door between entry and living room. Home is located a distance back from street, behind white lattice-top fence. Relaxing front porch and patio. Over 1/2 acre lot which may have development or ADU potential, backs up to alley. Newer roofs with 5 year cert. Garage has workshop area. Large parking area behind house. Main house retains the charm of the past with convenience of present day. Cottage at far back of lot has separate access and parking off alley, with private yard area. A Unique property in a great area!

106 W Cheyenne Rd, Colorado Springs

$899,000

1531691 MLS

Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property! Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer. Major CapEx Upgrades: Brand-NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C. Upper Unit: Fully remodeled with an updated luxury kitchen, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting. Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage. Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout. Exterior: New exterior paint, low-maintenance landscaping with a new cobblestone patio, repaired fencing and freshly painted, ambient security lighting, and proper water diversion with a buried drain line. This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—combining strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home. Schedule your showing today!

930 N El Paso St, Colorado Springs

$289,000

6385069 MLS

Great investment opportunity in the heart of Old Colorado City! This tenant-occupied home is priced under market value and offers a desirable location near shopping, dining, parks, and local amenities. The home features beautiful wood floors, a main-level primary bedroom with an attached full bathroom, and a spacious enclosed sunroom that adds flexible living space. Upstairs, you’ll find two additional bedrooms and a 3/4 bathroom with a shower. A detached one-car garage provides additional convenience. With an established rental history and current tenant in place, this property is a strong option for investors looking to add to their portfolio. Convenient location, classic charm, and income potential all in one. Photos were taken prior to the current tenant’s occupancy.

1423 W Cucharras St, Colorado Springs

$425,000

9504014 MLS

Exceptional investment opportunity just minutes from downtown Colorado Springs, Prospect Lake, Memorial Park, and other popular amenities. This unique property features two beautifully remodeled homes, each offering 2 bedrooms, a private garage, and its own fully fenced yard, making them highly desirable for long term tenants. Both homes have been extensively renovated from top to bottom with new roofs, luxury vinyl plank flooring, new cabinetry granite countertops, new appliances, new vinyl windows, and updated finishes throughout. Each unit is separately metered for water, gas , and electric providing added convenience for owner and tenants alike. With long term leases already in place and a strong rental income, this turnkey property offers immediate cash flow and excellent potential for continued appreciateion or future owner occupancy while maintaining additional income.

1126 E Moreno Ave, Colorado Springs

$550,000

3 Beds ⋅ 3 Baths ⋅ 3107641 MLS

Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping. With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!

225 N Cedar Street, Colorado Springs

$675,000

3408133 MLS

Let’s talk opportunity! This historic OCC duplex has space, space, and more space. Consider owner occupancy with an upstairs rental - 3 bedrooms and 2 baths on the main level, with a basement living space and the cutest little office you’ve ever seen. Upstairs, a 2 bedroom apartment, can be accessed from an interior stairway, or exterior stairs for complete privacy. Gorgeous, original woodwork throughout the main level. Every bathroom boasts a clawfoot tub! The HUGE main level dining room has built in china cabinets. The large kitchen has flexible wall storage that can easily move if you prefer a table. Perfect pine floors in the main level bedrooms, and a large primary suite toward the back with a private entrance. But wait - there’s more! The rear of the property boasts great parking - a drive through garage, a car port, and a long driveway. A large shed with a loft at the rear of the property, plus a gardening shed. Walk to the OCC Farmer’s Market, OCC shops, and still have easy access to Highway 24 and I25. This property is in great condition, with original charm that hasn’t been touched, while being carefully updated to make a comfortable, livable space.

2210 W Kiowa St, Colorado Springs

$550,000

2874353 MLS

Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping. With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!

225 N Cedar St, Colorado Springs

$565,000

4 Baths ⋅ 9603715 MLS

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Colorado Springs

$495,000

4 Beds ⋅ 4 Baths ⋅ 8602762 MLS

Excellent owner-occupant opportunity on Colorado Springs’ desirable Westside, with one unit becoming available at the end of August. Live in one spacious 2-bedroom, 2-bath unit while generating rental income from the adjoining unit to help offset your monthly mortgage payment. Located in the highly sought-after Old Colorado City/Pleasant Valley area, this well-maintained duplex offers functional floor plans, private bathrooms for each bedroom, generous storage, and comfortable living spaces. The property also includes off-street parking and a shared outdoor area. The occupied unit provides immediate rental income, while the upcoming vacancy gives a future owner the flexibility to move in, select a new tenant, or reposition the unit. Just minutes from Old Colorado City, Garden of the Gods, downtown Colorado Springs, and major employment corridors, the property is well-positioned for continued rental demand and long-term appreciation. A strong option for buyers looking to build equity, reduce their housing costs, and benefit from owning an income-producing property in a proven Westside location.

1930 W Yampa Street, Colorado Springs

$535,000

4946517 MLS

Close to Patty Jewett. A Smarter Investment. Opportunity is knocking in the highly desirable Patty Jewett neighborhood. This Zoned R-2 duplex offers immediate income potential with an established tenant in the lower unit who would like to remain, providing rental income from day one. The property consists of two units. The upper unit features 3 bedrooms, 2 baths, LVP flooring, fresh paint throughout, new lighting, a wood-burning fireplace, and a composite deck with wrought iron railing offering views. The lower unit includes a spacious living room, kitchenette, 2 bedrooms, and 1 full bath. The oversized detached one-car garage with storage and an enclosed workshop is accessed from the alley and offers additional income potential. Amenities include shared laundry facilities, and ample street parking. Mature trees and established surroundings enhance the property's appeal for both tenants and owner-occupants. Patty Jewett continues to be one of Colorado Springs' most desirable neighborhoods, known for its walkability, character, and proximity to downtown, the Old North End, local dining, parks, major employment centers, I-25, and the Powers Corridor. The combination of location, tenant demand, and future flexibility creates an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation.

1344 N Arcadia St, Colorado Springs

$565,000

8176603 MLS

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

4060 Airport Rd, Colorado Springs

$599,500

1953382 MLS

Come check out this 4-plex! Located close to the Powers Blvd. corridor, Peterson AFB and many shops and restaurants. This building has been well maintained and a couple of the units have been recently carpeted. All 4 units are two bedrooms and one bath, and have a wood-burning fireplace in the Living Room and kitchen appliances include refrigerator, dishwasher and range/oven. There is a central laundry area in the upstairs hallway and tenants pay by using an App. Paved parking lot with space for each tenants and some guest parking.

5560 Bowden Loop, Colorado Springs

$400,000

6799392 MLS

Currently rented as 6 bedrooms, 3 car detached garages and lot storage. Zoned R5 with multiple redevelopment opportunities. Contact listing agent regarding other financing options. Property being sold "AS IS."

2423 E St Vrain St, Colorado Springs

$489,900

4334401 MLS

Excellent duplex opportunity in a prime westside location just off Colorado Avenue, positioned between Downtown Colorado Springs and Old Colorado City. This property offers two functional units, each with two bedrooms, a full kitchen, and a full bathroom, plus a shared laundry area separating the units. The lower unit features granite countertops and spacious bedrooms, while the upper unit offers a large kitchen with gas range and a generous living room. Both units have off-street parking. With a strong long-term rental history and a highly walkable location near shops, restaurants, parks, and local amenities, this property is a solid option for investors, house hackers, or buyers looking for rental income potential.

111 S 12th St Unit #101 and #102, Colorado Springs

$540,000

2623084 MLS

Solid income-producing fourplex in Colorado Springs offering an excellent investment opportunity with immediate upside. Three of the four units are currently occupied, while the freshly updated vacant unit is ready for immediate lease or is ideal for an owner-occupant looking to house hack while generating rental income. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit in an up/down configuration, creating a desirable mix of unit sizes that appeals to a broad tenant base. Several units have been updated, and the property offers functional, low-maintenance interiors with carpet, luxury vinyl plank flooring, vinyl flooring in kitchens and baths, electric range/ovens, full-size refrigerators, tub/shower combinations, and ample cabinet storage. Each unit includes its own dedicated storage closet, and tenants enjoy access to a shared coin-operated laundry room for additional owner income potential. Major capital improvements include a new roof installed in 2022 featuring Class 4 impact-resistant shingles, along with an upgraded deck. Tenants currently pay all utilities except lawn care, helping minimize owner expenses. The property also offers ample open parking in the front with additional space available to add parking in the rear if desired. A fully fenced front yard with attractive rock landscaping provides low-maintenance curb appeal, while the wood-frame construction presents cleanly and professionally at an attractive price point. Whether you're expanding your investment portfolio or searching for a property that allows you to live in one unit while collecting rental income from the others, this fourplex offers a compelling combination of cash flow potential, recent improvements, and future upside. Buyer to verify all information, including square footage.

325 Bonnie Ct, Colorado Springs

$835,000

5124458 MLS

Exceptional investment opportunity in the highly sought-after Academy 20 School District. This offering includes two spacious units. One with 3 bedrooms 2 1/2 bathrooms and over 2300+ sq ft. The adjoining unit has 2 bedrooms 1 1/2 bathrooms and a large storage area. Built in 1973, both residences feature attached garages, stucco exteriors, and New roof. Inside, each unit offers generous room proportions with ceiling fans, a mix of carpet and tile flooring, and two fireplaces anchoring the living areas. Kitchens are equipped with range, oven, dishwasher, and refrigerator, with the convenience of in-unit laundry on the main level. Nestled in the Black Forest area of Colorado Springs, this property offers easy access to I-25, the Air Force Academy, shopping, dining, and recreational trails. The 80921 zip code remains one of the most desirable in the region, with a neutral market index and steady long-term appreciation. Whether you're looking to owner-occupy one unit and lease the other, or add both to your portfolio, 15050 & 15060 Sun Hills Drive present a rare chance to secure substantial square footage in a prime Colorado Springs location.

15050 Sun Hills Dr, Colorado Springs

$300,000

3520884 MLS

Character. Convenience. Room to make it your own. Built in 1925, this 3-bedroom, 2-bath bungalow sits in the established Lake Park neighborhood. Just minutes from downtown and a short walk to Memorial Park and Prospect Lake, you'll have easy access to trails, paddleboarding, community events, and everything that makes this part of the city so popular. Inside, the kitchen has been refreshed with butcher block countertops, while the gas cooktop and double ovens are ready for everything from weeknight dinners to holiday meals. The rest of the home offers a comfortable blend of original character and opportunity, leaving plenty of room to put your own stamp on the space. Out back, the fenced yard offers a deck made for slow evenings, plus a detached one-car garage with convenient alley access for parking and storage. It's an outdoor space that's easy to enjoy without demanding every weekend of your time. Whether you're looking for your next address or your next investment, this property is ready for someone to make the most of everything it has to offer.

526 S Hancock Ave, Colorado Springs

$650,000

4024364 MLS

Four Updated Units • 6% Cap Rate • Fourplex Investment • Spacious 2 Bed/1 Bath Units • Private Exterior Entrances • Near Garden of the Gods • Near Old Colorado City Turnkey four plex investment opportunity in the desirable west side Colorado Springs market. Fully occupied, this stabilized asset offers immediate cash flow with a reported 6% cap rate. Each of the four spacious homes feature 2 bedrooms and 1 full bath, private exterior entrances, and private patio space. Updated interiors include remodeled kitchens, updated flooring, fresh paint, and modern finishes, creating strong resident appeal. The property offers approximately 2,912 square feet and benefits from consistent rental demand driven by its proximity to Garden of the Gods, Old Colorado City, Manitou Springs, Red Rock Canyon Open Space, shopping, dining, and major commuter routes. Opportunity to acquire a well-maintained, income-producing multifamily property with updated units, private entrances, and proven occupancy in a high-demand rental corridor. Live in one unit and rent out the others, or buy as a turnkey investment. Rare opportunity. Nearby Amenities Garden of the Gods Old Colorado City Historic District Manitou Springs Red Rock Canyon Open Space US-24 and I-25 access Shopping, dining, breweries, and services along West Colorado Avenue

2112 Friendship Pl, Colorado Springs

$299,900

4293195 MLS

Built in 1987, this charming 2-bedroom, 1-bath home offers a fantastic opportunity for homeowners and investors alike, boasting several years of established rental history. The property features a fully fenced backyard and a 4x6 storage shed. The kitchen includes a half-size dishwasher, electric range, refrigerator and stacked washer and dryer. Ideally located with easy access to I-25, this home is just minutes from both downtown Colorado Springs and the historic district of Old Colorado City. Families will appreciate that The Vanguard School is located directly across the street. Shopping, dining, entertainment, and everyday conveniences are all just a short drive away, making this a well-positioned property with strong rental appeal and excellent accessibility.

537 Crockett Ln, Colorado Springs

$599,000

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 Road, Colorado Springs

$1,599,999

6848985 MLS

Rare Black Forest Retreat:Elevated Living on 20 Acres.Welcome to your private sanctuary, atop one of the highest elevations in Black Forest:panoramic views of the Front Range create a breathtaking backdrop for everyday living.This exceptional 20-acre farmhouse offers a perfect blend of charm, modern updates, and expansive Colorado living:Highly sought-after District 38 community.Beautifully appointed residence welcomes you,complemented by a 30’ x 50’ barn ready for horses,hobbies,storage,or your next creative pursuit. Horse-friendly zoning/noHOA, this property provides the freedom and space to truly make it your own.Updated inside and out/features fresh interior and exterior paint,refined landscaping,new carpet,refreshed bathrooms, and an inviting kitchen for entertaining.The heart of the home showcases stone countertops,updated appliances,and a striking butcher block that brings function and character to the space.Effortless flow,beautiful stone fireplace, cozy breakfast nook, formal dining,and office space perfect for remote work.Generous mudroom,conveniently connected laundry enhances practical luxury. Primary suite is a true retreat, fireplace, spa-inspired five-piece bathroom, charming clawfoot tub, and private balcony, take in peaceful mountain views.The finished walkout basement expands the living experience with a large rec room, bathroom, and flex space for entertaining, homeschooling, or a secondary work-from-home area. Bonus loft above the garage offers incredible potential for guests, extended family, or retreat. Complete with living area, wet bar, three-quarter bathroom, and bedroom, the perfect blend of independence and comfort. Experience Colorado living with sweeping Pikes Peak views or unwind on the shaded back patio surrounded by newly designed landscaping. Every season brings a new way to enjoy this remarkable property. Rare opportunity to own acreage, privacy, views, farmhouse elegance in Black Forest. This is where Colorado dreams become home.

18155 Bar X Rd, Colorado Springs

$599,000

7116519 MLS

Don’t miss this exceptional fourplex investment opportunity! Each unit features a comfortable and functional floor plan with a living room, an eat-in kitchen, two bedrooms, and a full bathroom. Residents enjoy the convenience of an on-site laundry facility. With a strong rental history and a location offering easy access to I-25, Highway 24, and S. Academy Boulevard, this property is just minutes from shopping, dining, parks, and recreational amenities. Whether you're looking to expand your portfolio, owner occupy, and/or secure a reliable income-producing asset, this may be the one you're looking for! Schedule your showing today!

1165 Chiricahua Loop, Colorado Springs

$1,375,000

1710250 MLS

FOUR UNITS in TWO DUPLEX BUILDINGS with Stand Alone DETACHED FOUR CAR GARAGE! - Less than 10 Years Old - First Time Offered! Distinctive Opportunity to own two newer duplexes in the Upbeat Heart of Colorado Springs. The Project was completed in 2017 on this 9000sqft Lot adjacent the Shooks Run Trail (walk/bike/jog goes all the way from Downtown CS up to the Rock Island Trail and beyond) and Downtown. These Well-Maintained Buildings offer Quality Construction and Attractive Finishes along with Strong Rental Appeal. Each Unit is Individually Metered with Separate Utilities - Central Air Conditioning - detached One Car Garage, super Tall Ceilings (upper units have vaulted ceilings), engineered flooring in the Kitchen and Living Areas, Quality Appliances, Solid Core Doors and functional modern floorplans with Primary Suite containing an attached private bath. All units have a secondary Full Bath that branches off of the main Living Area. All units have Identical Layouts. Beautifully Landscaped Grounds include Courtyard with grassy area and professional Xeriscaping - Appealing both to Owner and to Future Occupants. Professionally Managed by Locally-Owned organization for peace of mind. This property is nothing but Turn-Key for the Investor, Owner-Occupant that is looking for an Easy Ownership Opportunity close to the vibrant Downtown Scene. This property is impressive.

525 E Kiowa St, Colorado Springs

$579,000

7 Beds ⋅ 3 Baths ⋅ 5023784 MLS

Amazing Colorado College rental property! This home was leased for 2024-2025 at a total of $6,400/month! Previous leases can be provided in DD docs. This Classic Victorian home can function as a 2-unit student rental with up to 7 bedrooms or would make a great single-family home for someone that may be looking for a studio, additional rental unit, or Airbnb with lots of parking. The home had 3 separate entrances at one point in time and has had multiple changes through its years! This home is walkable to Colorado College, the river, the Old North End and has great access to I-25 to get anywhere in town! The home has a large lot with parking for 6+ cars in the rear. The property features a large corner lot, classic Victorian style, grape vine, storage shed, tons of parking, 2 kitchens, new interior paint flooring and appliances, hardwood and LVT flooring, new sewer line, classic front porch, and much more! This property has incredible flexibility and could be an amazing student rental, a multi-generational living home, Airbnb, or house with studio, or like so many of these older Victorians could serve a large variety of buyer needs.

1230 Glen Avenue, Colorado Springs

$579,000

9762088 MLS

Amazing Colorado College rental property! This home was leased for 2024-2025 and rental amounts can be found in the leases provided in the supplements. This Classic Victorian home can function as a 2-unit student rental with up to 7 bedrooms or would make a great single-family home for someone that may be looking for a studio, additional rental unit, or Airbnb with lots of parking. The home had 3 separate entrances at one point in time and has had multiple changes through its years! This home is walkable to Colorado College, the river, the Old North End and has great access to I-25 to get anywhere in town! The home has a large lot with parking for 6+ cars in the rear. The property features a large corner lot, classic Victorian style, grape vine, storage shed, tons of parking, 2 kitchens, new interior paint flooring and appliances, hardwood and LVT flooring, new sewer line, classic front porch, and much more! This property has incredible flexibility and could be an amazing student rental, a multi-generational living home, Airbnb, or house with studio, or like so many of these older Victorians could serve a large variety of buyer needs. The basement bedrooms may be non-conforming.

1230 Glen Ave, Colorado Springs

$1,300,000

6434029 MLS

This stunning property offers a rare opportunity to own a truly unique home while generating immediate income or accommodating multi-generational living. Ideally located in highly desirable Old Colorado City, the residence seamlessly blends historic charm with modern convenience. The original 1899 home showcases timeless character and craftsmanship, thoughtfully enhanced by a beautiful 2020 addition. At the heart of the home is a spacious, well-appointed kitchen featuring a gas range, farmhouse sink, and walk-in pantry. A bar seating area with a dedicated coffee station and breakfast bar overlooks the kitchen, creating the perfect gathering space. The expansive living room is warm and inviting, highlighted by a gas fireplace and large picture windows that fill the space with natural light. Up the first staircase, you’ll find three generously sized bedrooms; two with original hardwood floors and one with a walk-in closet, along with a stylish ¾ bathroom featuring a glass-enclosed shower and additional storage. The second staircase leads to a private primary suite retreat. This luxurious space includes a versatile flex area ideal for a sitting room, office, or fitness space. Beyond charming barn doors, the bedroom accommodates a king-size layout with an additional sitting area, a spacious 6x12 walk-in closet, and a chic five-piece ensuite complete with a freestanding soaking tub, tile shower, and a mounted TV for ultimate relaxation. The newly renovated basement has it's own entrance to function as a rental unit; complete with a kitchenette, full bathroom, laundry, a comfortable bedroom, and it's own deck. Outside, the private yard leads to a fully redesigned cottage offering exceptional income potential. The main level studio is ideal for short-term rentals, while the upper-level one-bedroom apartment is perfectly suited for mid-term tenants. With proven rental history and endless possibilities, this property is a rare and versatile investment and stunning home.

1607 W Pikes Peak Ave, Colorado Springs

$649,999

6040777 MLS

A rare opportunity to own a versatile, income-producing property in the heart of Colorado Springs with no HOA and no covenants. Perfectly positioned near Knob Hill just minutes from Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs, this property puts the very best of the city right at your doorstep. This thoughtfully maintained 1952 raised-ranch sits behind a 5-foot stucco privacy fence on a fully xeriscaped corner lot, blending low-maintenance living with serious curb appeal. The fascia, fencing, gutters, and gables are PVC or covered with white mastic material, meaning zero rot, peeling, mold, or repainting ever. The Trex sundeck and stucco exterior round out an exterior built to last with minimal upkeep. Each unit is fully self-contained and move-in ready. The upper level features three bedrooms, a flex space that works as a reading nook or small office, a full living room, dining room, kitchen, and full bath, all with original hardwood floors throughout. The garden-level lower unit mirrors the layout with three bedrooms, its own flex space, full living room, dining room, a kitchen with gas stove, and full bath. Both units include a full appliance package with washer and dryer. Storage and parking are exceptional. The oversized two-car garage includes a loft, a shed is included, and the property accommodates at least four additional vehicles plus RV parking. No covenants. No HOA. Pure opportunity.

1802 E Uintah St, Colorado Springs

$649,999

6 Beds ⋅ 2 Baths ⋅ 4366812 MLS

A rare opportunity to own a versatile, income-producing property in the heart of Colorado Springs with no HOA and no covenants. Perfectly positioned near Knob Hill just minutes from Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs, this property puts the very best of the city right at your doorstep. This thoughtfully maintained 1952 raised-ranch sits behind a 5-foot stucco privacy fence on a fully xeriscaped corner lot, blending low-maintenance living with serious curb appeal. The fascia, fencing, gutters, and gables are PVC or covered with white mastic material, meaning zero rot, peeling, mold, or repainting ever. The Trex sundeck and stucco exterior round out an exterior built to last with minimal upkeep. Each unit is fully self-contained and move-in ready. The upper level features three bedrooms, a flex space that works as a reading nook or small office, a full living room, dining room, kitchen, and full bath, all with original hardwood floors throughout. The garden-level lower unit mirrors the layout with three bedrooms, its own flex space, full living room, dining room, a kitchen with gas stove, and full bath. Both units include a full appliance package with washer and dryer. Storage and parking are exceptional. The oversized two-car garage includes a loft, a shed is included, and the property accommodates at least four additional vehicles plus RV parking. No covenants. No HOA. Pure opportunity.

1802 E Uintah Street, Colorado Springs

$750,000

8814500 MLS

This listing offers TWO great properties in one transaction, both of which are currently tenant occupied under one lease. 20 a 1240 sq ft house/office/showroom with three separate rooms, full kitchen, and a detached 720 sq ft garage with AC, finished interior, and a large overhead drive through door. 22 offers a 2944 sq ft showroom and connected warehouse/garage, and features a ¾ bath in the showroom, two separate office/storage rooms, and a small kitchenette area. This building also offers a single phase 400 AMP service panel, two overhead drive through garage doors to access the garage, and a separate 1/2 bath in the garage for convenience. Each warehouse building has a floor drain for ease, and both houses have basements, allowing for additional storage space. The front of 22 is fully paved, providing parking for about 6 vehicles, while 20 has a chain-link fence, providing separation and distinction between the two addresses if desired. The property is fully fenced, with a double gate access to the warehouses/garages through the front, and gate access from the alley with enough clearance for most work vehicles. The enclosed area between the garages is topped with gravel, providing additional parking, storage and workspace without the worry of excess dirt and mud. This property is conveniently located just minutes from downtown Colorado Springs, and easy access to I-25. No matter what your needs, this wonderful C6 zoned flex industrial space is likely to fit your needs!

22 Iowa Ave, Colorado Springs

$1,250,000

9091193 MLS

Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.

5602-5614 Towson Vw, Colorado Springs

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