Colorado Springs Real Estate Search

Colorado Springs Multi-Family Properties for Sale

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Newest Colorado Springs Multi-Family Homes for Sale

$490,000
8251728 MLS
Rare Westside duplex opportunity offering flexibility for an owner-occupant, investor, or short-term rental operator. As of September 10, 2026, the property is eligible for a non-owner-occupied short-term rental (STR) permit, a rare opportunity within Colorado Springs. Buyer to independently verify STR eligibility, permitting requirements, and regulations with the City of Colorado Springs. Unit A (lower unit) is now vacant, move-in ready, and features new LVP flooring, creating an excellent opportunity to live in one unit while generating income from the adjoining unit, place a new long-term tenant, or explore the property's STR potential. Located in the highly sought-after Old Colorado City/Pleasant Valley area, this well-maintained duplex features two spacious 2-bedroom, 2-bath units with functional floor plans, private bathrooms for each bedroom, generous storage, comfortable living spaces, off-street parking, and a shared outdoor area. The occupied unit provides immediate rental income, while the vacant lower unit gives a new owner flexibility from day one. Whether you're looking to house hack, expand your rental portfolio, or take advantage of the property's rare STR eligibility, this property offers multiple potential income strategies. 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 ownership. An excellent opportunity to own an income-producing duplex on Colorado Springs' desirable Westside with the added flexibility of a vacant, newly updated unit and potential non-owner-occupied STR use.

1930 W Yampa St, Colorado Springs

$485,000
3 Beds 3 Baths 2345630 MLS
***No HOA!!!*** The Reserve at Park Vista offers custom new construction on a private cul-de-sac in a highly convenient location! This to-be-built 2-story home features stucco exterior, 9ft ceilings on the main and upper levels, attached 2 car garage, and low-maintenance xeriscaped front yard. Enjoy 3 bedrooms, 3 bathrooms, an unfinished basement, and private backyard. You have the unique ability to select your favorite finishes and upgrades, ensuring every detail is tailored specifically to your taste! The main level showcases a thoughtfully designed open floor plan accented by durable luxury vinyl flooring. The kitchen is equipped with 42" extended height cabinetry, stone counters, bar-top island, abundant recessed lighting, and pantry, all of which can be customized with your choice of finishes. Premium stainless steel appliance package includes gas range and refrigerator. The living room serves as a cozy focal point with a gas fireplace while the dining room conveniently walks out to a private, fully fenced backyard. Upstairs, the Owner’s Suite offers both a walk-in closet and a secondary closet, plus a customized en suite with double vanity, undermount sinks, stone counters, and tiled shower tub. Two more bedrooms, full bathroom, and laundry space with electric hook-ups complete the upper level. The open unfinished basement comes pre-plumbed for a wet bar and a bathroom rough-in – use the space for storage, a home gym, or playroom! Built with superior 2x6 construction, 95% efficient gas furnace, electric water heater, and central A/C, this home offers total peace of mind & comfort year round. You are minutes from UCCS, Palmer Park, Academy, and Powers, placing the best shopping and dining right at your fingertips. This is your chance to secure a brand new home tailored to your exact specifications in a location you'll love. ***No HOA!!!***

4364 Siferd Boulevard, Colorado Springs

$875,000
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 Drive, Colorado Springs

$375,000
4 Beds 2 Baths 2405699 MLS
3308 N Hancock Ave is a well located duplex in Colorado Springs offering an attractive opportunity for both owner occupants and investors. The property consists of two spacious two bedroom, one bathroom units, providing a total of four bedrooms and two bathrooms across the duplex. Each unit offers a functional floor plan with comfortable living spaces and dedicated bedroom areas, making the property well suited for the Colorado Springs rental market. The duplex provides investors with the opportunity to own a small multifamily asset with two separate income producing units while benefiting from the relative simplicity of a two unit property. Positioned in an established Colorado Springs neighborhood, the property provides convenient access to surrounding residential amenities, employment centers, retail, dining, and major transportation routes. The property's duplex configuration also offers flexibility for an owner occupant looking to offset their housing costs with rental income or an investor seeking to add a smaller multifamily asset to their portfolio. Property Highlights: -Duplex consisting of two 2-bedroom, 1-bathroom units -Four total bedrooms and two total bathrooms -Two separate income producing units -Functional layouts well suited for long term rental demand -Attractive option for both investors and owner occupants -Established Colorado Springs location -Opportunity to capture additional value through future rental growth and property improvements -Low unit count provides a straightforward management profile

3308 N Hancock Avenue, Colorado Springs

$399,999
2819731 MLS
Discover the possibilities! Come explore this versatile duplex offering an excellent opportunity for investors or buyers looking to offset their housing costs with rental income. With two separate living units, this property offers flexibility to live in one and rent or Airbnb the other, rent both units, or create an arrangement that fits your needs. The upper unit features three bedrooms and one bathroom with an inviting layout and thoughtful updates throughout. The upgraded kitchen (2018) is a standout, featuring granite countertops, stainless steel appliances, a gas range, tile backsplash, full-height upgraded cabinets, and a convenient combo washer/dryer. The living room features wood floors and provides a comfortable, functional space for everyday living and entertaining. Three bedrooms and an updated 3/4 bathroom complete the upper level, offering plenty of room for a household, roommates, guests, or a dedicated work-from-home space. The lower unit has its own private entrance through the backyard and offers a living room, kitchen, one bedroom, and an updated 3/4 bathroom, along with an in-unit washer and dryer/storage room. The separate layout creates excellent flexibility for a tenant, guest space, or additional income-producing use. Outside, the property continues to deliver with a detached 2-car garage, providing secure off-street parking and valuable storage. The private shared backyard offers a comfortable outdoor space to enjoy the Colorado sunshine, entertain, or let pets stretch their legs. With two distinct units, an updated and spacious upper level, a separate lower living space, detached garage, and flexible income potential, is a property that can adapt to your goals. Even more stay cool with forced air A/C! Whether you're looking to house-hack or expand your rental portfolio, this home offers updates, flexibility, and opportunity.

1310 E Columbia St, 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

$335,000
6381018 MLS
Turn-key Rental Income Property in a quiet neighborhood w/ No HOA! . This Single-Level home has been been updated throughout, to include Re-finishing of the Original Solid Hardwood Floors, a New Kitchen, Bathroom w/ Soaker Tub, New Lighting, New Paint, & New Carpet/Tile, and New Hot Water Heater. The Roof was replaced and the Exterior was Painted in 2022! There's even a New Garden Shed in the Large Fenced Backyard. Notice the Apple Tree in the Front Yard, before entering the Home. When entering the home you'll be greeted with a Huge Living Room w/ Newer Vinyl Windows and Views of the Mountain Range. The Living Room opens to the Dining Area & Spacious Kitchen. The Kitchen is equipped with a Gas Range/Oven, Microwave, Dishwasher, Refrigerator, and an Abundance of Cabinets! The Upgraded Countertops, and Stylish Stone Backsplash look amazing with the Modern Black Appliances! The Laundry Room/Mudroom is conveniently located through the door just off the Kitchen/Dining Area, and provides access to the Backyard. The Lot Size is Plenty Big For Entertaining, Gardening, adding another Bathroom, or even a Garage/Carport. The Hallway and 3 Bedrooms all have Original Solid Hardwood Flooring, and are Freshly Painted. *Notice the Views from the 2 Westside Bedrooms! Out front there's plenty of room to Park an RV, Boat, etc. Located near shopping, restaurants, schools, Academy Blvd, I-25 & just minutes from Ft. Carson or the Colorado Springs Airport. Easy to Rent & Manage!

261 Sherri Dr, Colorado Springs

$625,000
4708764 MLS
Investor Opportunity: VRBO license is active and can be renewed. Contact agent for financial information. Homeowner has operated this property as a licensed VRBO. This home is the perfect blend of 1920s charm and modern convenience in this beautifully updated ranch bungalow located in the historic Old North End. Enjoy the timeless appeal of the covered front porch, perfect for relaxing afternoons. The main level features reconditioned hardwood floors, a spacious living room with a cozy fireplace, a formal dining area, and a stunning kitchen updated with quartz countertops, stainless steel appliances, a gas range, and stylish subway tile. You will find three bedrooms on the main level, along with a full bath and a versatile bonus room ideal for a home office, pantry, or creative studio. The finished lower level provides additional living space with a large family room, a fourth non-conforming bedroom, a 3/4 bath, a laundry room, and newer carpeting. Step outside to your private oasis, featuring a charming backyard with brick patio flooring, a whimsical mural on the detached garage, an outdoor fireplace, and integrated flood lighting for evening ambiance. The yard includes a grass area and irrigation system with a rain collection feature. This property is zoned R-2 which allows for an additional construction or remodel based on city/historic neighborhood criteria. Updated electrical and plumbing, newer water heater, furnace and air conditioning, nest thermostat and ring doorbell. The fantastic location is ideal for walking to get coffee, the Bon shopping center, Monument Valley Park complete with hiking/biking paths and the Patty Jewett golf course. Penrose Hospital is near by and access to downtown and I-25 is simple.

216 E Fontanero St, Colorado Springs

$570,000
1925448 MLS
This charming remodeled adobe-style home captures turn of the century charm while featuring all the modern conveniences. The property boasts a 560 sf detached Accessory Dwelling Unit (ADU) rented through 03/26 with separate fenced yard and parking. Centrally located within minutes to Downtown, Monument Valley Park and walking/bike trails. Perfect for Investor or Owner Occupant. The main house features tall ceilings, hardwood floors and open living areas. There are 2 bedrooms, 2 bathrooms, and a finished basement. Enjoy a fully remodeled interior with hardwood floors throughout, vintage brick wood burning fireplace, custom kitchen featuring leathered granite countertops, stainless steel appliances, modern cabinetry and renovated bathrooms. The remodeled main bathroom blends old world charm with modern fixtures. An additional powder room provides added convenience. Step outside to an outdoor oasis with two patios, covered front porch, storage shed, oversized workshop and xeriscaped yard that is fully fenced. The yard features perennial gardens, fruit trees and bushes. With vaulted ceiling and an open floor plan, the well appointed 560 sf ADU offers an additional 1 bedroom (non-conforming), 1 bathroom with in unit laundry and a private patio. The separate unit has a mini-split heating/cooling system, stainless steel appliances, some LVP flooring, herringbone backsplash, and a spacious bathroom. There is a NEW oversized workshop, NEW concrete walkway, driveway and patio to ADU in 2023, NEW gutter on main house, NEW Radon Mitigation System in 2023, NEW xeriscaped yard, NEW fence, New refrigerator, dishwasher, oven and washer/dryer in 2023, New ADU backsplash

505 N Spruce St, Colorado Springs

$599,000
5581460 MLS
INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month, so a new owner can keep the existing tenants, reset rents, or re-tenant on their own terms. A bidirectional exterior sewer cleanout in the backyard makes maintenance access straightforward. Location is a working renter’s commute: minutes from Peterson Space Force Base, with convenient access to the Powers Boulevard corridor, Highway 24, Academy Boulevard, shopping, dining, and everyday services. Whether you want a turnkey fourplex for the rent roll, a long-hold east-side asset, or a property you can operate with low utility complexity, this is a clean, understandable four-unit investment. Schedule your showing today.

1117 Cree Dr, Colorado Springs

$449,900
7143611 MLS
Rare turnkey duplex on a 13,300 sq ft corner lot directly across from Memorial Park — one of Colorado Springs' most iconic and high-demand rental locations. This income-producing property features two 2-bed, 1-bath units, each with its own 1-car detached garage, offering immediate cash flow with one side leased and the vacant side ready to lease or owner-occupy. The vacant unit features LVP flooring throughout, an updated kitchen with dishwasher, a great front patio overlooking the park, and stunning Pikes Peak and Front Range views. This duplex has been extensively updated, saving the next owner significant repairs. Recent improvements include a newly installed concrete backyard to prevent water drainage issues, buried electrical lines, new garage doors and openers on both units (detached garage, one space per unit), new water lines throughout, a newer sewer line, single-pane windows replaced with double-pane, a newer roof and gutters, new LVP flooring on one side in 2026, a new fridge and furnace in unit 1308, and a new fence on the east side. The corner lot offers privacy and great curb appeal. Neither unit has washer/dryer hook ups. Located directly across from Memorial Park, residents enjoy front-row views of the Labor Day Lift Off, concerts, trails, and community events — a proven rental demand driver. Walking distance to downtown, Colorado College, coffee shops, and restaurants, with easy access to I-25 and Hwy 24. Ideal for portfolio builders, or value-add investors seeking turnkey income with major improvements already handled. Duplexes in this location rarely hit the market — schedule your showing today!

1304 E Pikes Peak Ave, Colorado Springs

$399,999
4 Beds 2 Baths 7282174 MLS
Discover the possibilities! Come explore this versatile duplex offering an excellent opportunity for investors or buyers looking to offset their housing costs with rental income. With two separate living units, this property offers flexibility to live in one and rent or Airbnb the other, rent both units, or create an arrangement that fits your needs. The upper unit features three bedrooms and one bathroom with an inviting layout and thoughtful updates throughout. The upgraded kitchen (2018) is a standout, featuring granite countertops, stainless steel appliances, a gas range, tile backsplash, full-height upgraded cabinets, and a convenient combo washer/dryer. The living room features wood floors and provides a comfortable, functional space for everyday living and entertaining. Three bedrooms and an updated 3/4 bathroom complete the upper level, offering plenty of room for a household, roommates, guests, or a dedicated work-from-home space. The lower unit has its own private entrance through the backyard and offers a living room, kitchen, one bedroom, and an updated 3/4 bathroom, along with an in-unit washer and dryer/storage room. The separate layout creates excellent flexibility for a tenant, guest space, or additional income-producing use. Outside, the property continues to deliver with a detached 2-car garage, providing secure off-street parking and valuable storage. The private shared backyard offers a comfortable outdoor space to enjoy the Colorado sunshine, entertain, or let pets stretch their legs. With two distinct units, an updated and spacious upper level, a separate lower living space, detached garage, and flexible income potential, 1310 E Columbia Street is a property that can adapt to your goals. Even more stay cool with forced air A/C! Whether you're looking to house-hack or expand your rental portfolio, this home offers updates, flexibility, and opportunity.

1310 E Columbia Street, Colorado Springs

$665,000
6 Beds 4 Baths 6041435 MLS
Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2511 Busch Avenue, Colorado Springs

$665,000
3 Beds 2 Baths 5845962 MLS
Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2515 Busch Avenue, Colorado Springs

$665,000
3610414 MLS
Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2515 Busch Ave, Colorado Springs

$665,000
9168098 MLS
Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2511 Busch Ave, Colorado Springs

$629,000
4 Beds 1 Baths 2193222 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 Street, Colorado Springs

$650,000
6915464 MLS
INVESTMENT OPPORTUNITY | FOURPLEX | DISTRICT 49 | OWNER-OCCUPANT POTENTIAL Welcome to 6715 Pahokee Court, a well-maintained fourplex in Colorado Springs offering an excellent opportunity for both seasoned investors and owner-occupants looking to build equity while generating rental income. This property features four spacious 2-bedroom, 1-bathroom units, providing a desirable and versatile floor plan for today’s rental market. The building situated on .28 acres includes two upper-level units and two garden-level units, along with convenient additional storage lockers in a separate building. The units have been well maintained, creating a solid foundation for an investor to continue operating the property while taking advantage of potential rent-roll improvement over time. A unique feature for an owner-occupant buyer: Unit #2 is being intentionally left vacant, providing the next owner with the opportunity to move into one of the units while retaining income from the remaining three apartments. This makes the property particularly attractive for a buyer looking for a house-hacking strategy or someone who wants to live on-site while building a multifamily investment portfolio. The property is located in Cimarron Hills within, with convenient access to, Schriever Space Force Base, Powers Boulevard corridor, Palmer Park Boulevard and major east-side transportation routes. The surrounding area provides residents with easy access to shopping, restaurants, services, employment centers and everyday amenities.

6715 Pahokee Ct Unit 1-4, 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 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 Street, Colorado Springs

$478,500
3479639 MLS
Rare opportunity to own a spacious side-by-side duplex located in a well-established single-family residential neighborhood. Each unit offers approximately 1,400 square feet with 3 bedrooms, 2 full bathrooms, a main-level living area, finished basement family room, and washer/dryer hookups. Both units feature wood flooring on the main level, dishwashers, newer vinyl windows on the main level, newer water heaters, and a newer roof. Both kitchens and bathrooms have been updated, while Unit 914 has been further upgraded with all new Stainless Steel appliances and a newer kitchen backsplash, making it an excellent option for an owner-occupant or investor. Both units have been completely painted and upgraded, with additional improvements including an upgraded main electrical breaker panel, recently serviced and cleaned furnaces, and sewer lines that have been cleaned and confirmed clear and in good working order. Both units are currently vacant and ready for new tenants, offering the opportunity to establish new leases and rental terms from day one. The property has a history of long-term tenancy spanning approximately 25 years, demonstrating its appeal as a rental property. Each unit also offers a private fenced backyard and off-street parking. This unique property offers an excellent opportunity for both investors and owner-occupants, with convenient access to downtown Colorado Springs, parks, shopping, dining, and other amenities.

914 Tia Juana St, Colorado Springs

$475,000
1665558 MLS
Welcome to refined, low-maintenance living in one of Colorado Springs' most desirable communities. Perfectly positioned in the heart of Northgate, this exceptional end-unit townhome offers nearly 3,000 square feet of thoughtfully designed living space, combining upscale finishes, spacious interiors, and an unbeatable location within Academy District 20. Abundant natural light fills the open-concept floor plan through oversized windows, creating an inviting space for both everyday living and entertaining. The modern kitchen features granite countertops, a glass subway tile backsplash, well-maintained cabinetry, a large center island with seating, and direct access to the private concrete patio—perfect for grilling and outdoor dining. The versatile layout includes three spacious bedrooms, four bathrooms, and multiple ensuite retreats. Upstairs, the expansive primary suite offers a private sitting area, a gorgeous spa walk-in shower, dual quartz vanities, and an impressive walk-in closet. Every bedroom features its own walk-in closet, while a generous loft provides flexible space for an office, media room, or additional living area. The main level ensuite is perfect for those looking for a main level master. Additional highlights include a finished basement, oversized laundry room, mudroom with built-in storage bench and cubbies, attached two-car garage, and the added privacy of a corner end-unit location. Location is where this home truly shines. Situated in the highly acclaimed Academy School District 20, residents enjoy convenient access to shopping, dining, grocery stores, medical facilities, parks, and top-rated schools. You'll be minutes from InterQuest Marketplace, and 10 minutes from Ford Amphitheater. With quick access to I-25 and the rapidly growing Northgate corridor, this home places the very best of Colorado Springs right at your doorstep. Luxury, convenience, and an exceptional location come together in this rare Northgate opportunity.

1306 Promontory Bluff Vw, Colorado Springs

$500,000
7726887 MLS
Incredible Income Producing Property located in the desirable westside Skyline neighborhood - currently two short term rentals (Airbnb or Vrbo) with strong rental performance! This tastefully updated single family home with a fully converted walkout basement apartment offers multiple living configurations, ideal for investors or owner occupants seeking income potential. Step inside the main level, take a deep breath of CO fresh air...exhale and leave all your worries at the door. An abundance of natural light is both warm and welcoming. The open concept design flows seamlessly from the living room, dining area, and kitchen. With 3 bedrooms and 2 full bathrooms, you'll have more than enough space for hosting family and friends. Multiple outdoor decks provide an excellent indoor/outdoor flow with impressive views that create an inviting setting for relaxation and entertaining. The lower-level unit is sure to impress with an updated 1-bedroom, 1-bathroom, modern kitchenette, and oversized family room. Private, well designed, and ideal for guests, tenants, or multigenerational living (mother-in-law suite). Smores by the firepit - yes please. The oversized backyard(s) are perfect for a game of Corn Hole, Tetherball, or more than enough room for your furry friends to roam. Conveniently located next to several top-rated hiking and biking trails in Colorado Springs - 3 miles to Garden of the Gods, 4 miles to Red Rock Open Canyon Space, and 7 miles to the Manitou Incline. Colorado Springs Westside living is a lifestyle, come experience it! Short drive to Santas Workshop, Cave of the Winds, Cliff Dwellings, Manitou Springs, Garden of the Gods, and Pikes Peak.

623 Manitou Blvd, Colorado Springs

$369,000
2 Beds 2 Baths 8804539 MLS
Welcome to easy, low-maintenance living in the highly sought-after Village at Skyline, one of Colorado Springs’ premier 55+ communities. This desirable duplex offers 2 bedrooms, 2 bathrooms, and approximately 992 square feet of thoughtfully designed living space. Inside, you’ll find fresh new carpet and a bright, inviting layout highlighted by skylights that fill the home with natural light. The upgraded gas fireplace creates a warm and comfortable focal point in the living area, perfect for relaxing evenings. The kitchen is fully equipped, including a built-in microwave, and has been optimized for functionality with the washer and dryer relocated to the heated, finished garage—allowing for additional pantry and storage space. Enjoy beautiful views from your private back deck, ideal for morning coffee or quiet afternoons. Pet owners will appreciate the convenience of two dog doors, providing easy access to both the deck and side patio for a small dog. The home also includes air conditioning and an emergency call system for added peace of mind. The lifestyle at Village at Skyline is truly unmatched. Association services are included in the monthly cost, covering exterior maintenance, snow removal, trash service, and more. Residents enjoy access to free basic cable, scheduled transportation, planned activities, health and wellness programs, libraries, a computer center, indoor pool access, and a billiards center, all within a gated community with security. Additional dining services are also available for added convenience. This home truly offers exceptional value in a vibrant, amenity-rich community designed for comfort, convenience, and connection.

2544 Patriot Heights, Colorado Springs

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