Colorado Springs Real Estate Search

Colorado Springs Multi-Family Properties for Sale

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Newest Colorado Springs Multi-Family Homes for Sale

$530,000
5 Beds 5 Baths 3032970 MLS
This charming historic property offers not one, but three separate dwellings. Rent out all three units or live in one while renting out the others to offset your mortgage. Lovingly maintained, the home features original floors on the main level, fireplace, built-ins, wood trim and vintage character. The 2 bedrooms have brand new carpet and fresh paint. The main level kitchen has a large walk-in pantry and access to the backyard through a cozy breezeway/mudroom. Upstairs is the 2nd unit with a separate entrance on the east side of the home. This has had a great rental history and offers a cute kitchen, living room, bedroom and bathroom. The basement unit can be accessed from the west side of the home and offers a living room, kitchen, bedroom, full bathroom, and bonus room that could be used as a nonconforming 2nd bedroom. New vinyl plank flooring and other updates make this turnkey for a tenant. All 3 units have access to the basement laundry room. Enjoy the quaint front porch and extended rear lot with alley access. If desired, this home can be converted back to adjoin the main level with the upper floor. Whether you're looking to rent out for passive income, or renovate for personal use, this property provides various investment avenues with ample square footage and potential. Close to the desired OCC, shopping, and downtown. Detached garage and shed for storage. Listed also in the Residential Section of the MLS. Note: basement ceiling height is less than 8 ft.

1628 W Kiowa Street, Colorado Springs

$440,000
3 Beds 3 Baths 4041603 MLS
Ranch duplex boasting new upgrades throughout! Offering an open main level great room with all new carpet, modern paint, & views of the mountains. The dining space has solid oak hardwood floors and adjoins the kitchen. The kitchen has new luxury laminate flooring, new butcher block counter tops w/breakfast bar, new modern white shaker cabinets w/brushed nickel hardware, gas range/oven, new sink/faucet, LED lighting, stack-able washer/dryer & access to backyard patio. The open concept living and dining area creates a seamless flow, perfect for entertaining. The new carpet continues into the spacious primary & secondary bedroom. Main level full bathroom offers tub/shower combination, updated vanity, new luxury laminate floor & tile walls. The lower-level unit has newer laminate wood floors that flow throughout & energy efficient vinyl windows. Updated kitchen has new cabinets, new butcher block countertops, stainless steel gas range/oven & space for a dining table. The large garden level great room has newer lighting and newer paint. The comfortably sized bedroom has easy access to updated ¾ bath w/mosaic tile floor. The laundry room has space for full size washer & dryer. Detached 2+car garage and additional covered parking in the front, this duplex offers a large lot with great accessibility. Take advantage of the proximity to the scenic Red Rocks Canyon & Garden of the Gods with easy access to shopping, schools, entertainment, & main roads.

2617 Robinson Street, Colorado Springs

$412,000
2 Beds 3 Baths 7799454 MLS
Rare upscale ranch floor plan townhome in the desirable Iron Horse Villas, with Pikes Peak Mountain views off the rear deck and a garden level basement. This incredible home has vaulted ceilings through out the main level, newer carpet, builtins, and a fireplace (w/ custom tile surround) in the family room. A large and open “eat in” kitchen with upgraded maple cabinets (through out the home) and slate stack stone backsplash, with breath taking mountain views and walk out access to the rear deck. The main level primary bedroom has vaulted ceilings and walkout deck access and Pikes Peak views. The 5 piece primary bathroom, includes soaking tub, free standing shower, double vanities, sky light and a walk in closet. The garden level basement, includes a spacious bedroom (large garden level window) and a full bathroom. The expanded basement (24x14) Rec Room is large enough for a second living/entertain space and additional flex space of home gym, office or game table. The Pikes Peak facing rear covered deck, creates an outdoor oasis, perfect for summer evenings or a lazy morning coffee. Additional features include fully finished 2 car garage (with plenty of storage), and all appliances include: Washer/Dyer (2022), full size French Door Refrigerator (2022), Range, Microwave, Dishwasher. New Kohler (2022) facets, sinks and ceiling fans throughout. Newer Furnace (2019). Large walk in basement storage area. Sky lights in the living room and primary bathroom, give amazing natural light all day long! Iron Horse Villas is a gated neighborhood.

4768 Iron Horse Villas Point, Colorado Springs

$780,000
4 Beds 4 Baths 2817880 MLS
Welcome to your dream home and urban farm oasis, with an additional 1 bedroom apartment! This charming 3-bedroom, 2-bathroom residence offers a unique blend of modern comfort and sustainable living. Nestled on an oversized lot, this property boasts an array of incredible features that will capture your heart. Fully updated kitchen, complete with modern appliances, and ample cabinet space, with walkout to back deck perfect for entertaining. Elegant hardwood floors add warmth and character to every room. Two separate closets in the primary bedroom and double vanities in adjoining bath provide plenty of space. The detached garage not only provides secure parking but also houses a gorgeous 1-bedroom apartment above, perfect for guests, extended family, or as a rental income opportunity. The apartment has an open concept living area with mountain views, a deck overlooking the gardens, and full size washer/dryer. The garage is separated down the middle into 2 one car garages with access to one side from the breezeway to the house, and the other side directly from the apartment foyer. The expansive lot offers endless possibilities for gardening and creating your own urban paradise with a custom-built 1000 sq ft greenhouse to grow your own fresh produce year-round! The property has been farmed regeneratively, with a strong focus on building soil microbiology. No chemicals have been used for 12 years, making it an ideal spot for organic farming enthusiasts. Raise your own goats with a purpose-built goat house and pen, and keep chickens for fresh eggs in the well-designed chicken cottage and run. This property embodies a sustainable lifestyle! Located in a peaceful and community-oriented neighborhood, this property offers easy access to urban amenities. Nearby schools, and shopping options add to the convenience of this prime location. Don't miss out on this rare opportunity to own a property that combines the best of modern living with sustainable, eco-conscious practices.

1707 W Kiowa Street, Colorado Springs

$398,700
5 Beds 5 Baths 8290916 MLS
Great income potential on this spacious and versatile 5-bedroom, 2-bathroom home in the heart of Colorado Springs, where convenience and comfort seamlessly blend. This home is ideally situated in a family friendly neighborhood near schools, shopping, park, hospital and all other amenities you may need. Upon entering, you'll be greeted by an open and bright interior, where natural light floods in, creating a welcoming and airy atmosphere. Beautiful oak wood floors grace the main level, infusing a touch of timeless elegance. In the heart of the home, the kitchen and bathroom feature tiled flooring, offering both style and practicality. The updated kitchen features a granite countertop, tiled backsplash and stainless steel appliances. The large bonus room is a canvas for your imagination, adaptable to your lifestyle needs. Transform it into an additional bedroom, an expansive family gathering space, a crafting haven, or a dedicated entertainment zone—the choice is yours. Need a quiet space for remote work or study? There's a cozy small room ready to become your new office retreat, allowing you to concentrate and be productive. Step outside to discover a generously sized, fully fenced yard that invites endless possibilities. Two storage sheds provide ample space for your gardening tools, outdoor gear, or creative projects, keeping your main living areas clutter-free. Whether you're hosting a barbecue or simply unwinding with loved ones, the covered back patio provides a perfect setting for outdoor entertaining. Enjoy gatherings come rain or shine, creating cherished memories in your own backyard. This home's layout offers endless possibilities, making it perfect for growing families, professionals, or anyone seeking adaptable spaces to suit their unique lifestyle. This home offers a harmonious blend of convenience, flexibility, and comfort, ensuring it's not just a house but a place where you can truly make a home. Don't miss the opportunity to make it yours!

1921 Carlton Avenue, Colorado Springs

$579,900
5 Beds 5 Baths 7128486 MLS
Don’t miss out on this spacious 5-bedroom home with central air in an excellent neighborhood! * Functional floor plan can serve as a great multi-generational or short term rental property * Three bedrooms on the Main Level * Oversized 2-car garage is wired for charging station * Vaulted ceilings and abundant hardwood flooring through the main level! * Entry offers a great drop-zone area * Formal Dining Room with newer windows * Spacious eat-in kitchen features an island, recessed lighting, large pantry, plentiful cabinet storage and counter space * An attractive gas fireplace with an upgraded mantel adorns the living room * The living room also provides a walk-out to the back deck * Accommodating primary bedroom with adjoining 5-piece bath with a separate shower, soaking tub, double sink vanity, and a large walk-in closet * Upper Level hall Bathroom offers a tile floor, vanity, and tiled tub/shower * The finished walk-out basement has 9ft ceilings and is comprised of a large rec room with a gas fireplace, two additional bedrooms, an office/flex space, a full bath with tile, storage room, and second kitchen. The second kitchen offers a sink, dishwasher, microwave, and stackable washer/dryer and walks out to the back patio * Fully fenced backyard with a patio, deck, and garden with perennials * Additional features of this home include abundant storage, linen closets, an automatic sprinkler system, plentiful windows, shutters, vaulted ceilings, main level laundry room with shelving * Within walking distance of Judge Lunt neighborhood park, pool, tennis courts, and Sunset Mesa Open Space/hiking trails * Conveniently located near schools, hospital, military bases, shopping, and restaurants

4955 Poleplant Drive, Colorado Springs

$669,999
3 Beds 3 Baths 2553605 MLS
You definitely don't want to miss out on this beautiful Maroon Bell paired patio ranch with 3 bedrooms, 2.5 baths and 3 car tandem garage on a cul-de-sac in desirable Wolf Ranch. You will find impressive extras and upgrades throughout this gem of a home... too many to list! The main level features a great room with gas fireplace; gourmet kitchen and adjacent dining area with gas fireplace; master suite; office; powder room and laundry room. The finished garden level basement includes 9-foot ceilings; spacious family room with gas fireplace and wet bar; 2 bedrooms; full bath with jetted tub and storage. The attractive kitchen boasts hickory cabinets with 42 uppers; dove-tailed, soft close drawers; granite counters; stainless steel KitchenAid appliances to include an electric induction cooktop with hood; wall oven and microwave; island with informal seating and walk-in pantry. The spacious main level master suite offers a huge walk-in closet and private 3/4 bath with double vanity and custom tiled shower. This lovely home boasts the following awesome features, to include... hand troweled walls; wood laminate floors in entry, office, kitchen and dining room; granite counters and tiled floors in all baths and wet bar area; plantation shutters throughout; walk-in closets in all bedrooms; wood shelving in all closets; 3 gas fireplaces showcasing custom tile and mantels; cabinets in laundry room; central vacuum with hoses for each floor and the car; auto door locks; security system (not monitored); central A/C; extra lighting in finished garage with newly serviced opener. Enjoy the Colorado weather while relaxing or entertaining in the awesome extended covered trex deck with electricity and gas line for your grill. Green space with a ravine grants privacy at the back of the home. Wolf Ranch offers many amenities for families such as a clubhouse, Junior Olympic-sized pool, splash park, paths, trails, parks, views and concerts. Schedule an appt. today!

6339 Resplendent Court, Colorado Springs

$475,000
2 Beds 2 Baths 6470797 MLS
Welcome to this charming townhouse located on Wood Avenue in the desirable Old North End neighborhood of Colorado Springs. With 2 bedrooms, 3 bathrooms, and a generous living space of 2,242 square feet, this home offers comfortable and convenient living in a prime location. Step inside and discover a bright and airy atmosphere with cathedral ceilings and plenty of natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, making it perfect for entertaining family and friends. The townhouse boasts several desirable features, including NEW HVAC & Water Heater. Each bedroom with its own bath. Loft and library with gorgeous custom shelving. The attached garage offers convenience and security, with an additional storage space on the second floor. One of the highlights of this home is its location. Situated on a peaceful street that backs to park land, you'll enjoy the tranquility and serene views right from your own backyard. Immerse yourself in the beauty of nature, take a stroll along The Legacy Loop, or walk to nearby attractions such as Colorado College, Penrose Hospital, Lincoln Center and Downtown Colorado Springs. This townhouse presents an exciting opportunity for buyers looking to add their own personal touch. Whether you're a first-time homeowner or an experienced renovator, this property is ready to be transformed into your dream home. Take advantage of the low price point, as it has been over 2 1/2 years since a unit in this area has sold for under $500,000. Don't miss out on the chance to live in the coveted Old North End neighborhood and enjoy maintenance-free living on Wood Avenue. Schedule a showing today and seize this incredible opportunity!

2364 Wood Avenue, Colorado Springs

$525,000
4 Beds 4 Baths 1775711 MLS
Don't miss out on this fantastic real estate opportunity! Located on the sought-after Westside of Colorado Springs, this property boasts a unique offering - two separate units, each with two bedrooms and one bathroom, complete with a convenient laundry room in each unit. Step inside to discover newly refinished hardwood floors that add warmth and charm to the interior. Fresh interior and exterior paint give the property a clean and inviting look. The shared sunroom, featuring brand-new outdoor carpeting, is perfect for relaxing. This property also offers practical amenities such as a one-car garage and a workshop, providing ample storage and workspace options. Parking is a breeze with a gated backyard and a long driveway. Outdoor enthusiasts will appreciate the spacious shared outdoor area with a large patio, offering plenty of privacy for entertaining guests. But that's not all - this property has been updated with brand-new furnaces and water heaters in each unit, ensuring comfort and efficiency for both occupants. Conveniently located with easy access to I-25, you can enjoy a smooth commute to anywhere in the city. You'll be close to downtown life, including shopping, restaurants, trails, and the Olympic Training Center. Plus, it's just a straight shot down to Fort Carson. Each unit has essential appliances, including a refrigerator, dishwasher, range/oven, washer, and dryer, making it an attractive and hassle-free option to live or rent. Don't hesitate to call us for more details and seize this incredible investment opportunity today!

612 N Tower Street, Colorado Springs

$625,000
3 Beds 3 Baths 1553315 MLS
Investor’s dream with immediate earnings potential, this 1901 built charmer comes complete with a separate studio cottage that can be rented long-term or short-term AirBnB for owner occupied house. All brand new furnishings purchased within the last 6 months are included down to linens and dishes, and make this a 100% turnkey investor play from Day 1. Beautiful ranch home on a tree-lined street in the heart of Colorado Springs near Patty Jewett and Old North End. This welcoming home offers a 12x6 covered front porch, cozy living room with a slate tile gas fireplace, dining room with bay window and built-ins, laundry room, master bedroom, second bedroom, and full bath with travertine floors. Updated kitchen with maple cabinetry, granite countertops, backsplash, and island. Home amenities include central air, hardwood floors throughout, wood trim around windows and panel doors, refrigerator, washer/dryer, new water heater and HVAC. This home is being sold with all furnishings currently on the property. Small (approx. 200 sf) unfinished partial basement for storage. Back patio 12x10. Guest cottage features 372 square feet with a private, separate entrance and open concept living room/bedroom/kitchen with a bath. Great mother-in-law suite or rental! Four parking spaces in back of the property. Views of Pikes Peak through mature trees, fenced backyard with BBQ grill and storage chest. Within walking distance to Patty Jewett Golf Course and Taylor Elementary School. Located close to Old North End, shopping and restaurants downtown, Colorado College campus, US Olympic Training Center, Memorial Hospital, and Shooks Run biking/hiking trails. Easy access to I-25. No HOA dues. Great historical features throughout this home. Fully furnished with amazing rental potential. Don't let this hidden gem in one of the oldest neighborhoods downtown get away!

1207 Custer Avenue, Colorado Springs

$639,000
4977352 MLS
Cushman & Wakefield is pleased to present the University Drive Apartments, a recently renovated quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the Southeast submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with recent renovations. The property benefits from its close proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various dining. Additionally, the property’s adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO. Recent Renovations: Many of the units at the University Drive Apartments have undergone recent renovations. Updates include new flooring and fresh paint throughout. Furthermore, several units have received new bathroom vanities, new tub surrounds and updated lighting. New exterior paint and roofs completed in 2022. These improvements not only increase rental rates and tenant satisfaction but also contribute to the property’s long-term value. Turn-key Investment: Current management has positioned this property with great in-place rents, immediate cash flow and predictable returns. Most leases have appealing rental rates of $1300 or greater.

127 University Drive, Colorado Springs

$499,900
3 Beds 3 Baths 1635417 MLS
Incredible opportunity! Over 2,800 square feet in Old Colorado City! This historic property offers a unique blend of elegance and potential, making it an ideal opportunity for those seeking a home full of character and charm OR, due to mixed-use zoning, endless possibilities for residential or commercial use! Situated within a vibrant and historic neighborhood, you'll enjoy easy access to local shops, dining, parks, transportation and schools. You'll LOVE the HUGE new 20x30 detached garage with plenty of parking, storage, or room for a workshop! The fact that this property has been a successful owner-occupied short-term rental speaks volumes about its appeal! Whether you're looking to restore it to its former glory as a single-family residence or capitalize on its lucrative rental potential, this property offers a fantastic opportunity for investors or homeowners alike. The exterior was professionally painted in 2022! The entire 2nd floor and most of the main level were both rewired and TWO NEW electric boxes were installed. A HUGE VALUE! Located close to downtown, Garden of the Gods, shopping centers, Switchbacks Stadium, Old Colorado City, Manitou Springs, and more, this Victorian home is in the heart of all the area has to offer! Outside, you'll enjoy the flowering trees, mature perennials, and expansive concrete patio with ample space for outdoor activities. Whether you're storing your RV trailer or need additional parking, we've got you covered! You won't lose sleep over the old city sewer lines, this home is equipped with a grinder pump for all sewer and wastewater to prevent overloading the existing line. See the attached documents for details on past rentals. The basement is partially finished and could easily be turned into more living space or another unit with a private entrance! Schedule a showing today and unlock the immense potential of this remarkable Victorian home!

910 W Colorado Avenue, Colorado Springs

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