Colorado Springs Real Estate Search

Colorado Springs Multi-Family Properties for Sale

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Newest Colorado Springs Multi-Family Homes for Sale

$745,000
6798374 MLS
In the enviable D-20 school district, this modern-farmhouse ranch plan is accented by standing seam metal roofing, clean lines, and a beautifully xeriscaped front yard — delivers serious curb appeal that carries right through the front door. An attached 3-car garage and privacy-fenced oversized lot round out an exterior that's equal parts striking and functional. Step inside and the craftsmanship immediately takes center stage. The main living area features soaring high ceilings with custom wrapped beams that draw your eye upward, while a matching fireplace mantel and light brick facade. These features create a cohesive, design-forward interior that feels curated. The kitchen has generous cabinetry space, thoughtful storage throughout, and a dedicated butler's pantry mean you'll always have the space and organization you need — whether it's a quiet weeknight dinner or a full holiday gathering. The open flow between the kitchen and living areas keeps the home feeling connected and airy from end to end. The primary suite is a true retreat — spacious and light-filled, with a full en suite bath and a walk-in closet that gives every wardrobe its proper home. A dedicated main-level office rounds out the floor plan, giving remote workers or families who need flex-space exactly what they're looking for. The fully finished basement nearly doubles your living space, offering flexible square footage for a home theater, gym, guest suite, or all of the above — the layout lends itself to whatever you need most. Flat/level lot and larger than most in the area, the backyard offers a generous lawn plus a paver patio that's perfect for morning coffee or evening entertaining — all wrapped in privacy fencing so you can relax without an audience. This is the outdoor space that so many Colorado Springs buyers are hunting for. Thoughtfully designed inside and out, with the space, style, and lot to back it up - **ASK ABOUT THE VA ASSUMABLE LOAN!

9320 Beaver Brook Dr, Colorado Springs

$385,000
7271057 MLS
Turnkey Income Property | Duplex | R-4 Zoning | Development Opportunity Exceptional investment opportunity in the rapidly growing Knob Hill area of Colorado Springs. This income-producing duplex offers immediate rental income, flexible leasing options, and significant future development potential on an R-4 zoned lot. The property consists of two separate, fully furnished residential units that are well-suited for executive housing, corporate rentals, traveling professionals, military personnel, medical professionals, relocation clients, or traditional long-term tenants. The front residence is a spacious 2-bedroom, 1-bath home featuring updated finishes, a functional floor plan, dedicated workspace, and inviting outdoor living areas. The rear residence is a private 1-bedroom, 1-bath unit offering comfortable accommodations and independent living space. Located in a highly accessible central Colorado Springs location, the property is minutes from Downtown Colorado Springs, Memorial Hospital, the Olympic & Paralympic Training Center, major military installations, shopping, dining, and employment centers. The area's strong demand for furnished and executive housing creates multiple income strategies for investors and owner-operators alike. The true value-add opportunity lies in the expansive R-4 zoned lot. The rear portion of the property provides potential for additional residential development, allowing investors to explore increased density and future income growth opportunities. Buyers should verify zoning, development standards, utility capacity, and permitted uses with the City of Colorado Springs. Whether you're seeking a turnkey furnished rental investment, a multifamily asset with stable income potential, or a development opportunity with long-term upside, this property offers flexibility and multiple avenues for value creation.

506 Swope Ave, Colorado Springs

$850,000
4 Beds 3 Baths 6762008 MLS
Rare opportunity in the highly sought-after Old North End! Ideally located near downtown, shopping, dining, parks, schools, and everyday amenities, this beautifully updated 4-bedroom, 3-bathroom R-2 zoned property offers exceptional versatility on a large lot with a private electronic gate. Whether you are seeking multi-generational living, flexible living arrangements, or potential income opportunities, this property offers endless possibilities. The main level features warm and inviting living spaces filled with character and tasteful updates, along with a beautiful partially covered front porch perfect for enjoying the charm of the neighborhood. An apartment-style living area on the main level includes its own exterior entrance, kitchenette, and full bathroom, creating an ideal setup for guests, extended family, or private living quarters. Upstairs, you will find a spacious 2-bedroom apartment-style space featuring a living area, kitchen, and full bathroom, offering comfortable independent living with added versatility. The partially finished basement includes its own private entrance, providing additional space for storage, expansion, or other flexible uses. Outside, the expansive lot also includes a workshop and an additional detached rear structure offering excellent potential to be finished for guest accommodations, creative space, hobbies, workspace, or other supplemental use. Thoughtfully updated throughout, this property blends historic Old North End charm with major improvements including new furnace with air conditioning, roof, and electrical completed in 2016, plus new Pella windows installed just last year. Rarely does a property offer this much flexibility, character, and opportunity in such a prime location. This home truly has it all—you have to see it to believe it! DON'T MISS THE VIDEO AND VIRTUAL TOUR! Buyer to verify zoning, permitted uses, utilities, and future use possibilities.

2219 N Nevada Avenue, Colorado Springs

$799,900
4774610 MLS
Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Two units operate as monthly furnished rentals, while Units 1 and 4 are rented as annual furnished rentals. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

209 N Arcadia St, Colorado Springs

$849,900
2664105 MLS
Rare opportunities like this are becoming difficult to find in the heart of Colorado Springs' historic Old North End. Ideally situated on a prominent corner lot directly across from Colorado College, this distinctive all-brick property offers over 4,100 square feet of versatile living and working space with flexible zoning that allows for residential use, professional offices, a gallery space, or a combination of uses. Rich in character and timeless architectural appeal, the property features four spacious bedrooms, three bathrooms, a detached garage, updated kitchen and bathrooms, and abundant storage space throughout the expansive basement. Mature landscaping, attractive brick privacy walls, and charming courtyard areas in both the front and rear create a welcoming setting that is rarely found in such a central location. Inside, you'll find generous room sizes, abundant natural light, original architectural details, and the craftsmanship expected of a historic Old North End residence, while thoughtful updates blend modern convenience with classic charm. The flexible floor plan provides numerous options for living, working, entertaining, or creating a unique professional environment. Whether you're seeking a distinguished private residence, boutique offices, a gallery, or a unique mixed-use opportunity, this remarkable property delivers unmatched flexibility and presence in one of Colorado Springs' most sought-after neighborhoods. Enjoy easy access to downtown dining, coffee shops, local boutiques, parks, cultural attractions, and the vibrant energy of the city center. Own a truly special piece of Colorado Springs history while enjoying the benefits of modern updates, exceptional visibility, and one of the city's most desirable locations. A rare blend of historic character, updated amenities, flexible zoning, walkability, and endless possibilities awaits!

731 N Cascade Ave, Colorado Springs

$1,375,000
7517807 MLS
MULTI-GEN LIVING. TWO houses nestled on nearly 4 acres. Welcome to your dream English farmhouse in the heart of North Colorado Springs. Nestled on nearly 4 acres and zoned for horses, this fully restored and remodeled two-story farmhouse blends timeless Southern Living charm with modern functionality, and breathtaking views from every window. A 37x9 front porch leads into a stunning formal dining room,w/ fireplace, built-in shelving, and space to serve as a second living area if desired. Across the hall is the perfect home office. The enchanting eat-in kitchen with white country cabinetry, butcher block countertops, antique-style vent hood, and cozy breakfast nook. The spacious family room features rustic wood beam ceilings and a beautiful brick wood-burning fireplace that creates warmth and character throughout the home. The main level also includes a bedroom, full bath, and oversized laundry room for added flexibility and convenience. Upstairs, the elegant primary suite offers a beautifully updated designer 5-piece bath and breathtaking Pikes Peak views, along with two additional bedrooms and another full bath. The enormous (20x25) covered back patio is ideal for entertaining, outdoor dining, or enjoying peaceful Colorado sunsets. The property also includes an approximately 1,000 sq ft guest cottage, with a full kitchen featuring butcher block counters and white cabinetry, spacious living room with wood-burning fireplace, bedroom, full bath, laundry and massive upper storage area for future possibilities. Highlights include a large barn/stable area for horses, chickens, or recreational vehicles, expansive garden space with a high tunnel greenhouse, and room to enjoy the country lifestyle while being within walking distance from shopping and dining. Previous owners even developed plans to subdivide the property into four nearly 1-acre lots, creating exciting future opportunities. Voluntary HOA. Rarely property: land, flexibility, and long-term potential in D-20.

1911 Copley Rd, Colorado Springs

$459,900
3988246 MLS
Excellent investment opportunity in the highly desirable 55+ community of Brookdale Skyline Senior Living in Colorado Springs. This well-maintained patio home offers loads of comfortable living space with room for tenants and family guests making it an ideal addition to any investor’s portfolio. Recently updated this residence features central air conditioning, a newer roof and furnace, newer appliances and a spacious ground-level floor plan with vaulted ceilings that create an open, airy feel. The main level includes convenient laundry facilities and a generously sized primary suite with a private en-suite bathroom. A cozy gas log fireplace anchors the living area, providing warmth and charm. The finished walkout basement adds valuable living space and flexibility with a third bathroom and second laundry room & could be an easy third bedroom, while the attached two-car garage enhances tenant appeal and convenience. Step outside to the private patio overlooking open space—no rear neighbors means added privacy and peaceful views. Residents enjoy a vibrant, amenity-rich lifestyle with access to a clubhouse, pool, exercise facility, and optional meal plans. The location offers quick access to outdoor recreation at Bear Creek Nature Center, nearby nature trails, and Bear Creek Dog Park. A short drive brings you to the renowned Broadmoor Resort and Golf Club. With privacy, strong rental stability, desirable amenities, and proximity to some of Colorado Springs’ most sought-after attractions, this patio home presents a rare opportunity to own in a premier senior living community while generating consistent income. As an added benefit, this owner offers two additional properties on this street currently for sale; (MLS 1439234 and 4552401). Buy one or all three for a multi-property investment. Please contact the listing agent for additional information regarding lease terms and specifics.

2580 Patriot Hts, Colorado Springs

$415,000
1439234 MLS
Excellent investment opportunity in the highly desirable 55+ community of Brookdale Skyline Senior Living in Colorado Springs. This well-maintained patio home offers an ideal addition to any investor’s portfolio. Recently updated this residence features central air conditioning, a new roof (Jan 2026) newer appliances and a spacious ground-level floor plan with vaulted ceilings that create an open, airy feel. This home offers an open floor plan that includes a living room with vaulted ceiling adjacent to a dining room with access to a side outdoor patio and a generously sized kitchen with a breakfast bar for your morning paper. A primary bedroom with a private en-suite bathroom and walk-in closet share the remainder of the home with a second bedroom and a full hallway bathroom. An attached two-car garage and laundry enhance occupant appeal and convenience. Step outside to the private patio which backs to a quite greenbelt and community walking trail. Residents enjoy a vibrant, amenity-rich lifestyle with access to a clubhouse, pool, exercise facility, and optional meal plans. The location offers quick access to outdoor recreation at Bear Creek Nature Center, nearby nature trails, and Bear Creek Dog Park. A short drive brings you to the renowned Broadmoor Resort and Golf Club. With privacy, strong rental stability, desirable amenities, and proximity to some of Colorado Springs’ most sought-after attractions, this patio home presents a rare opportunity to own in a premier senior living community while generating consistent income. As an added benefit, this owner has two additional properties on this street currently for sale: (MLS 3988246 and 4552401). Buy one or all three for a multi-property investment. Please contact the listing agent for additional information. Thank you for your interest.

2533 Patriot Hts, Colorado Springs

$400,000
4552401 MLS
Excellent investment opportunity in the highly desirable 55+ community of Brookdale Skyline Senior Living in Colorado Springs. This well-maintained patio home offers immediate income with a current long-term lease in place, making it an ideal addition to any investor’s portfolio. This recently updated residence features central air conditioning, a new roof (Jan 2026), newer appliances and a spacious ground-level floor plan with vaulted ceilings that create an open, airy feel. The main level includes a generously sized primary suite with a private en-suite bathroom. A cozy gas log fireplace anchors the living area, providing warmth and charm. The finished walkout basement adds valuable living space and flexibility which can be a second bedroom and bathroom, while the attached one-car garage with laundry enhances tenant appeal and convenience. Step outside to the private patios overlooking open space—no rear neighbors means added privacy and peaceful views. Residents enjoy a vibrant, amenity-rich lifestyle with access to a clubhouse, pool, exercise facility, and optional meal plans. The location offers quick access to outdoor recreation at Bear Creek Nature Center, nearby nature trails, and Bear Creek Dog Park. A short drive brings you to the renowned Broadmoor Resort and its championship Golf Club. With privacy, strong rental stability, desirable amenities, and proximity to some of Colorado Springs’ most sought-after attractions, this patio home presents a rare opportunity to own in a premier senior living community while generating consistent income. As an added benefit, this owner has two additional properties on this street currently for sale: (MLS 1439234 and 3988246). Buy one or all three for a multi-property investment. Please contact the listing agent for additional information regarding lease terms and specifics. Thank you for your interest in this investment opportunity.

2588 Patriot Hts, Colorado Springs

$1,050,000
4375750 MLS
What a rare opportunity for the investor with separate living quarters on five treed and meadowed acres across from Fox Run Park. Live in one unit and rent the other, lease out barn/VRBO. Very private from each other w/separate entrances. Main home built in 1972 w/ an effective date per County of 1992. Remodeled with modern finishes featuring a cozy living room featuring a beautiful stone, gas fireplace, an open floorplan with dining area. The kitchen has granite counters and upgraded appliances. There are 2 bedrooms on the main floor & fully remodeled bath. The basement features a large family/rec area, 2 additional bedrooms & remodeled bathroom. The basement contains the laundry room, additional storage room & opens to the back patio, overlooking the wooded acres of mature Ponderosa trees. The oversized, finished 2 car garage completes the main home. An internal breezway leads to the 2nd home w/1585 sq ft of modern living. Completed in 2015 with ac, & consists of a huge living room w/kitchenette (needs range). This suite has crown molding throughout, granite counter tops in both kitchen & bathroom. The bathroom has double vanities, heated floors, motion activated undercabinet lighting, & stone tile in the giant shower with w/d space possible. This unit also features a 11x13 ft. walk-in closet. The bedroom is 20x24’ w/ nook for office area. A private staircase leads to another 2 car, oversized, finished garage + shop area plus 1/2 bath.. No HOA, no covenants, & zoned for horses. Outside is fully fenced w/ 4 stall barn, hay storage, and tack area. The barn has pwr/wtr and could be used for multi-purpose/garage/extra storage/hobbies. Included on the property are also 2 storage sheds. Popular Fox Run Regional Park is right across the street and is known for walking/riding trails, playgrounds, & bbq/entertainment areas. Excellent school system, close to schools, close to Flying Horse resort, quick commute to I-25, Hwy 83, Walmart, Home Depot, & King Supers are nearby

16265 Roller Coaster Rd, Colorado Springs

$532,000
8848423 MLS
*Charming Fully Renovated Downtown Home with R2 Zoning and Income Potential!* Welcome to your dream home in the vibrant heart of Colorado Springs! This beautifully renovated residence, situated on a generous double lot, features highly desirable R2 zoning that creates a fantastic investment opportunity for savvy buyers. As you step inside, you'll be greeted by a bright and open layout that immediately makes you feel at home. The stunning kitchen showcases stainless steel appliances, quartz countertops, and ample cabinetry with serving buffet makes it a perfect space for entertaining. The main floor houses a spacious living area that is infused with natural light, and a convenient dining space that flows seamlessly into the kitchen. Venturing downstairs, you'll discover a fully finished basement that offers a private entrance, providing independence and privacy for guests or tenants alike. This versatile basement includes a fully equipped accessory dwelling unit (ADU) featuring its own inviting living area, a full kitchen, a cozy bedroom and bath, and a modern bathroom—making it ideal for generating rental income or providing comfortable accommodations for visiting friends and family. KEY FEATURES: *Double Lot* Enjoy an expansive outdoor area that presents endless possibilities for gardening, entertaining, or future development projects. *R2 Zoning* Take advantage of the versatile zoning that enhances the property's potential, opening doors for various residential and investment opportunities. *Prime Location* Immerse yourself in the vibrant downtown Colorado Springs lifestyle, with an array of nearby shopping, dining, cultural attractions, and beautiful parks just moments away. This property is the perfect blend of a charming home and a lucrative investment opportunity, making it a rarity in today’s market. Don’t miss out on this exceptional chance to become part of the Colorado Springs community. explore all that this remarkable property has to offer!

421 S Prospect St, Colorado Springs

$825,000
1427192 MLS
LOFT LIVING * MOUNTAIN VIEWS * ELEVATOR * COURTYARD * APARTMENT OVER GARAGE * CUSTOM REMODEL * WOOD FLOORS * UPPER DECK * BARN DOORS * OPEN FLOOR PLAN * AC Discover exceptional loft-style living just minutes from downtown Colorado Springs in this thoughtfully reimagined residence. Bursting with modern charm and flexible living spaces, this home offers three distinct components—each designed to inspire. The main living area welcomes you with soaring ceilings, incredible natural light, and panoramic mountain views. An oversized picture window and private deck set the stage for serene Colorado mornings and golden-hour sunsets. The open-concept great room flows seamlessly into a chef-inspired kitchen—perfect for entertaining and everyday living. Upstairs, the spacious primary suite features an updated bathroom, walk-in closet, and a versatile loft landing ideal for a home office, reading nook, or creative retreat. Step out onto your private upper-level deck and soak in the surrounding beauty. Chic design details include barn doors on the laundry and pantry, plus a main-level bedroom with pocket doors that cleverly convert the space into two separate rooms—offering added flexibility. Downstairs, the fully remodeled walk-out basement is a showstopper. With custom built-ins, a luxury wet bar, spa-inspired bathroom with a steam shower, and dedicated bedroom and office nook, this space is both elegant and functional. No expense was spared to make this space sing. And that's not all—above the detached garage, a fully updated apartment awaits. With LVP flooring, neutral finishes, and its own modern bath, it's a perfect guest suite or high-demand income property. Whether you’re seeking an inspiring place to call home, a multi-generational layout, or an investment opportunity—this loft delivers it all with style.

248 Writers Way, Colorado Springs

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