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

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

$389,900

6194336 MLS

Charming ranch bungalow ideally located near downtown Colorado Springs and Memorial Park! This low-maintenance stucco home sits on a desirable R-2 lot with alley access, abundant off-street parking, RV parking, and endless potential. The fully fenced yard offers plenty of space to relax, entertain, or expand. Start your day on the inviting covered front porch before stepping inside to a bright living room that flows into the designated dining area, complete with a charming window seat and abundant natural light. The kitchen offers stainless steel appliances, ample cabinet space, and a functional layout for everyday living. The main level features two bedrooms, including the primary bedroom, and a three-quarter bathroom. Downstairs, the finished basement provides a private second living area that could serve as a mother-in-law suite, guest quarters, or potential rental opportunity. Outside, enjoy a separately fenced patio with a hot tub—perfect for relaxing after a long day while maintaining privacy from the rest of the yard. The R-2 zoning, alley access, and generous parking make this property an excellent fit for those needing space for an RV, additional vehicles, or future possibilities. Just a short walk to Memorial Park, you'll enjoy easy access to trails, Prospect Lake, playgrounds, the annual Balloon Festival, Fourth of July fireworks, and all the recreation and events the park has to offer. With its central location near downtown dining, shopping, and entertainment, this home offers the perfect combination of charm, flexibility, and convenience. Don't miss this fantastic opportunity to own a home in the heart of Colorado Springs!

713 S Sheridan Ave, Colorado Springs

$435,000

4499647 MLS

Great Westside investment opportunity! This duplex offers a convenient Colorado Springs location close to Old Colorado City, shopping, dining, and easy access to I-25. Both units feature an inviting floor plan with the kitchen opening into the living area, creating a more spacious and connected feel. Interior finishes include wood-look vinyl flooring and carpet, while the exterioris finished in neutral colors. The property also offers excellent off-street parking and useful backyard space, adding to the livability and rental appeal of each unit.

950 N 19th St, Colorado Springs

$725,000

3901521 MLS

The Best-Looking 4-Plex in Cragmor — Investment or House Hack The best-looking 4-plex in the neighborhood, with 2 of 4 units recently renovated and excellent tenants in place. This property has been carefully maintained, painted, and improved by an owner who takes pride in his properties. The seller has also successfully bought, improved, and sold another multifamily property directly across the street. Two units feature new waterproof laminate flooring and updated black-tile shower surrounds, while the other two are in solid condition. Rents have been improved, with additional upside remaining. One unit is month-to-month. On-site laundry provides additional income without collecting quarters. Due-diligence docs including rent roll, insurance info, utility history, and plumbing receipts. For Sale By Owner / Flat Fee Listing: Seller is open to creative financing, seller concessions, or mortgage rate buydown options and will assist with the transition for the first 90 days. Seller is also open to being retained as an employee or management resource to assist with showings and maintenance help. Tenants reside at this property, please call text or email seller Zach Warner @ 719-347-8844 or warner.zach.p@gmail.com

1065 Magnolia Street, Colorado Springs

$774,900

8 Beds ⋅ 4 Baths ⋅ 7352165 MLS

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

5535 Tomah Drive, Colorado Springs

$774,900

2650251 MLS

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

5535 Tomah Dr, Colorado Springs

$599,900

1249907 MLS

This beautifully updated ranch-style property offers an exceptional combination of space, flexibility, and income potential. The main home features approximately 2,400 square feet, a one-car garage, and a functional layout designed to accommodate a variety of living arrangements. The main level includes three bedrooms and one bathroom, while the full basement adds two additional bedrooms, a bathroom, and a second full kitchen. Both kitchens have been tastefully updated with granite countertops and stainless steel appliances. Step outside to a large, fenced-in yard that provides plenty of space for entertaining, relaxing, or unwinding in the spacious hot tub. The property also includes a charming, updated cottage of nearly 500 square feet, complete with one bedroom, one bathroom, a full kitchen, comfortable living area, and private entrance. This property offers exceptional versatility for its next owner., use both spaces as income-producing rentals, live in the main home while renting the cottage, or take advantage of the additional living space for a multi-generational household. With two distinct living spaces, multiple kitchens and bedrooms, updated finishes, and a generous outdoor area, this property can adapt to a wide range of investment and lifestyle needs. Ideally located within walking distance of the U.S. Olympic Training Center and just minutes from shopping, parks, restaurants, and everyday conveniences, this unique property offers a rare blend of flexibility, functionality, and opportunity. Property is being sold fully furnished and all furnishings currently in the home and cottage are included in the sale.

616 Bonfoy Ave, Colorado Springs

$700,000

8748635 MLS

Well-Maintained Colorado Springs 4-Plex – Strong Rents, Updated Major Systems & Immediate Income. Excellent opportunity to acquire a well-kept 4-plex with strong existing rents, recent improvements, & one vacant unit offering immediate flexibility for a new owner. . Unlike many multifamily properties that require substantial deferred-maintenance investment after closing, this property has benefited from important capital improvements. A new roof was installed in 2026, and the furnaces & water heaters have been updated within approximately the last four years. Each unit has its own furnace & water heater, providing separation of major mechanical systems and simplifying ongoing ownership & maintenance. Each residence also includes a stackable washer/dryer, an attractive convenience for tenants. Tenants pay all utilities, helping the owner maintain more predictable operating expenses and preserve net operating income. With three units already producing income, an investor can acquire an operating asset rather than starting from scratch. The vacant fourth unit creates additional upside and flexibility, allowing the new owner to place a tenant, evaluate current market rent, make strategic improvements, or potentially occupy the unit depending on the buyer's investment strategy and financing. Conveniently located along the Murray Boulevard corridor with access to employment, shopping, transportation and major Colorado Springs thoroughfares, the property offers the combination investors look for: existing cash flow, strong rental income, tenant-paid utilities, updated major components, multiple income streams and limited immediate capital needs. All four units are currently rented with a solid history of stable tenants. This is an appealing opportunity for both experienced multifamily investors.

329 S Murray Blvd Unit A, B, C, D, Colorado Springs

$675,000

10 Beds ⋅ 4 Baths ⋅ 5981324 MLS

2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility. With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential. Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake! Contat agent for showings.

2107 Preuss Road, Colorado Springs

$2,500,000

20 Beds ⋅ 15 Baths ⋅ 6651502 MLS ⋅ Cheyenne Canon Apartments BLDG.

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

1609 W Cheyenne Road, Colorado Springs

$540,000

1503522 MLS

Prime Investment Opportunity in the Heart of Downtown Colorado Springs! Positioned just a block and a half off Nevada Avenue and within walking distance to Downtown Colorado Springs and Colorado College, this rare multi-family property places you directly in the path of the city’s continued growth and revitalization. The property features a well-maintained main residence configured into three separate income-producing units, complemented by a charming detached cottage at the rear; offering multiple streams of rental potential. Whether you're looking to maximize cash flow or secure a long-term hold in the ever-developing urban core of the city, this asset checks every box. Surrounded by vibrant dining, shopping, and cultural attractions, and with easy access to parks and open spaces, tenants will appreciate both the convenience and lifestyle this location provides. Opportunities like this—blending historic charm, multi-unit flexibility, and premier location... are increasingly rare in Downtown Colorado Springs. Whether you're a seasoned investor or entering the multi-family space, this is your chance to own a piece of the city’s evolving landscape. Don’t miss it.

326 E St Vrain St, Colorado Springs

$425,000

2178890 MLS

This is a duplex with the upper unit being remodeled 2 years ago. New laminate floors, new cabinets, new counters and new appliances in the kitchen. New paint, new vanity, mirror and light fixture in the bathroom. Located close to downtown and on a large lot. Both units are occupied. Pictures of upper level are 2 years old before tenants moved in and pictures of lower level are 6 years old from before tenants moved in. Lower level has a non-conforming second room that most tenant use as a bedroom.

909 E Costilla St, Colorado Springs

$1,600,000

3530894 MLS

A truly distinctive opportunity near Downtown, this contemporary fourplex pairs an unexpected industrial aesthetic with a thoughtfully designed mix of living spaces. Almost hidden from the street, the unique property offers two spacious four-bedroom, three-bath residences, each with a two-car garage, along with two two-bedroom, one-bath units, each featuring a one-car garage. Modern finishes, clean architectural lines, and an unmistakably cool industrial character set these residences apart from the conventional. Air conditioning has recently been added to three of the four units, further enhancing their appeal and comfort. With its versatile unit mix, generous garage capacity, and highly individual design, this is an uncommon multifamily offering with both investment appeal and a distinctive sense of place.

823 E Cucharras St, Colorado Springs

$758,400

8298949 MLS

2 Homes, 1 Lot! This West Side oasis consists of a charming 2-bed, 2-bath, 1344 sqft ranch-style main house and a 1-bed, 2-bath, 813 sqft two-story ADU. A beautifully landscaped backyard and privacy fence separate the properties, offering optimal comfort and individual space for each. The main home (fully renovated in 2014) has a practical floor plan that flows from the cozy family room, through the gourmet kitchen, to the large dining/living area complete with a dry bar and patio doors to the backyard. The primary suite is a dream, with 2 walk-in closets, a fully updated ensuite bathroom (with a custom walk-in shower and double vanity), and private access to the back patio. The front bedroom is sunny and bright and adjoins the updated main bath, making it fantastic for guests! Beyond the main house, the ADU (built in 2017) has a practical open-concept main level, complete with an updated kitchen, breakfast bar, access to a private patio, and 1/2 bath with laundry. Upstairs, the 1-bedroom suite includes a full bath, large closet, and access to a separate balcony. Between the dwellings lies a fully fenced backyard, complete with a flagstone patio, pergola, storage shed/workshop, mature trees, and established flower gardens. If off-street parking is of concern, the main house has a large driveway, and the ADU has a separate parking space off the alley. Both dwellings are in immaculate condition and have been meticulously maintained by the current owner! Recent upgrades include: Sewer line from city right-of-way to city main replaced with PVC (2024). New water heater (2024). New stucco on main house and ADU (2026). New TPO roof on main house (2026). New gutters on main house (2026). New LVP throughout main house (2024). Main home crawlspace encapsulation by GroundWorks (2024). New refrigerator in main house (2025). New roof on the outdoor shed/workshop (2026). Newly painted interior (2024-2026). This is a spectacular property- we can't wait for you to take a look!

1819 W Pikes Peak Ave, Colorado Springs

$289,000

5623118 MLS

Beautiful Villa Mirage Condo has it all! Two Bedrooms, Two Full Baths, an Attached 1 Car Garage, and 1222 SF of Open & Spacious Living-Beautifully Maintained and Completely Updated! The kitchen updates include a Large Breakfast Bar, stylish tile backsplash, granite counters, pendant lights, recessed lighting, cabinets, and Stainless Steel Appliances. The Kitchen is open to the Living Room with access to the Private Patio, looking onto community green space. Stay comfortable year-round with Central AC in the summer & a Cozy Gas Fireplace when it gets cold! High ceilings, wide hallways, and lots of light give this condo a very spacious feeling. Enjoy the convenience of Main level Laundry-Washer & Dryer stay! The Primary Bedroom Suite is huge, with an adjoining Private Bathroom and Spacious Closet. The Second Bedroom has a large walk-in closet, and is located next to another Full Bathroom. This condo has direct access to the large 1 car garage too! Enjoy this Gated Community with a two-story Clubhouse, Pool, Exercise Room, conference room, lounge with deck and a beautiful kitchen for your private parties! Walking distance to a large park with tennis courts and kids' play area. Minutes from Costco, Target, Town Center with IMAX Theaters, Peterson SFB and tons of restaurants and shopping. Fantastic area!!

4888 Kerry Lynn Vw Unit 103, Colorado Springs

$1,400,000

2437154 MLS

Excellent opportunity to acquire a well-maintained six-unit multifamily property in a desirable central Colorado Springs location. Each unit had brand-new roofs installed in 2024, providing significant long-term value and reducing future maintenance costs. The property is ideally situated with convenient access to Downtown Colorado Springs, the Olympic & Paralympic Training Center, Memorial Hospital, shopping, dining, public transportation, and major commuter routes, making it an attractive location for tenants.

524 Swope Ave, Colorado Springs

$650,000

1752637 MLS

Prestwick Townhome Community is located in the sought-after Lowell Neighborhood, offering a true urban lifestyle. Whether you’re seeking a high-performing investment property or a unique opportunity to generate rental income while occupying your own dream townhouse, this property delivers. The ground-level commercial space offers over 1,400 square feet and includes a welcoming front office area, kitchen space, half bath, and a private executive office with double doors—ideal for business use or maximizing rental potential. This flexible space is perfectly suited for both immediate income and long-term growth. Above the commercial space is a stunning two-story, loft-style townhouse with private access via stairs or its own elevator. The main level features an open-concept design with a spacious kitchen, gas stove, stainless steel appliances, pantry, two bedrooms, a full bathroom, laundry room, and soaring 18-foot ceilings. A gas fireplace enhances the living area, creating a warm and inviting atmosphere for both relaxing and entertaining. The primary suite occupies its own private level and includes a luxurious five-piece en-suite bathroom. A versatile loft space overlooks the main floor and can be used as an office, fitness area, or private retreat. In addition, a separate one-bedroom, one-bath ADU (accessory dwelling unit) is located above the two-car garage with its own private entrance. This unit features an open-concept layout with a kitchen, living area, bedroom with attached bath, and the convenience of an in-unit stackable washer and dryer—perfect for guests or additional rental income. A charming, gated courtyard garden connects all three units at ground level, providing a private outdoor space for residents. This property presents an exceptional investment opportunity, with all three units currently occupied and generating income. With strong upside potential and multiple revenue streams, it is a rare find. Ideally situated within walking distance to downtown, residents enjoy convenient access to restaurants, shopping, the Olympic & Paralympic Museum, and Switchbacks Stadium.

257 E Fountain Blvd Unit 1,2 & 3, Colorado Springs

$425,000

1603261 MLS

Side-by-Side Duplex | Investment Opportunity | House Hack or Cash-Flowing Asset is a side-by-side duplex walking distance to the Olympic Training Center. One unit is currently leased and professionally managed by Atlas Real Estate, providing immediate rental income from day one. The second recently renovated unit is vacant, giving a buyer two clear paths: add a duplex to an investment portfolio, or house hack by living in one unit while the tenant's rent offsets the mortgage. Property Highlights: Side-by-side duplex on a single lot One unit currently leased under professional property management Off-street parking and on-site laundry Duplex set up with each unit having their own furnace, water heater, and laundry units. Large three car driveway Private and shared yard space Updated finishes (new paint, new kitchen, upgraded flooring/appliances in front unit)

1914 E Monument St, Colorado Springs

$599,000

6880991 MLS

2627 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2627 and 2625 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2627 E Uintah, Colorado Springs

$599,000

5496417 MLS

2625 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2625 Uintah as follows: A $1200 (11/30/2026), B $1250 (6/30/2027), C $1250 (7/31/2026), D $1200 (5/31/2026). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2625 and 2627 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2625 Uintah, Colorado Springs

$425,000

2 Beds ⋅ 2 Baths ⋅ 2887679 MLS

INVESTMENT OPPORTUNITY - HOUSE HACK - 1914 E. Monument St is a side-by-side duplex walking distance to the Olympic Training Center. One unit is currently leased and professionally managed by Atlas Real Estate, providing immediate rental income from day one. The second recently renovated unit is vacant, giving a buyer two clear paths: add a duplex to an investment portfolio, or house hack by living in one unit while the tenant's rent offsets the mortgage. PROPERTY HIGHLIGHTS: Side-by-side duplex on a single lot, One unit currently leased under, professional property management, Off-street parking and on-site laundry, Duplex set up with each unit having their own furnace, water heater, and, laundry units., Large three car driveway, Private and shared yard space, Updated finishes (new paint, new kitchen, upgraded flooring/appliances in front unit). LOCATION: Minutes from downtown Colorado Springs, close to Patty Jewett Golf Course, Olympic Training Center, Palmer Park, and UCH-Memorial Hospital's central campus (under a mile away). Colorado College is under 3 miles away, and the area has a mix of cafes, parks, schools, and shops with mountain views. THE OPPORTUNITY: Option of giving an investor immediate cash flow or an owner-occupant a built-in path to house hacking.

1914 E Monument Street, Colorado Springs

$698,500

5737439 MLS

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

$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

$315,000

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

$1,600,000

2901643 MLS

Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

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

$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

$574,900

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

$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 25th St, 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

$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 with quartz countertops, 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 blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, 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

$275,000

6385069 MLS

Great investment opportunity in the heart of Old Colorado City! This tenant-occupied 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

$545,000

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

$639,900

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

$545,000

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

$490,000

4 Beds ⋅ 4 Baths ⋅ 8602762 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 Street, 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

$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

$499,900

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

$798,000

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

Colorado Springs Multi-Family Properties for Sale

Newest Colorado Springs Multi-Family Homes for Sale