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

An amazing income producing stacked duplex in Flying Horse. This duplex was built and completed at the end of 2024 and the units are in beautiful condition. The lower level unit is a two bed, one bath home and the upper level unit is a three bed, two bath home. Each has its own private outdoor space. A separate one-car attached garage is included for each unit and an additional car can be parked on the driveway in front of the garage. Additional guest parking is located on the east and west sides of the community. Conveniently located in Flying Horse off of Northgate there is easy access to I-25, restaurants, shopping and services, and a new King Soopers. Barefoot Park is located across the street. This is an excellent opportunity for renters who want to live in the coveted Flying Horse area and be in D-20.

13645 Flurry Hts, Colorado Springs

$669,000

1918519 MLS

An amazing income producing stacked duplex in Flying Horse. This duplex was built and completed at the end of 2024 and the units are in beautiful condition. The lower level unit is a two bed, one bath home and the upper level unit is a two bed, two bath home. Each has its own private outdoor space. A separate one-car attached garage is included for each unit and an additional car can be parked on the driveway in front of the garage. Additional guest parking is located on the east and west sides of the community. Conveniently located in Flying Horse off of Northgate there is easy access to I-25, restaurants, shopping and services, and a new King Soopers. Barefoot Park is located across the street. This is an excellent opportunity for renters who want to live in the coveted Flying Horse area and be in D-20.

13633 Flurry Hts, Colorado Springs

$679,000

8601524 MLS

An amazing income producing stacked duplex in Flying Horse. This duplex was built and completed at the end of 2024 and the units are in beautiful condition. The lower level unit is a two bed, one bath home and the upper level unit is a three bed, two bath home. Each has its own private outdoor space. A separate one-car attached garage is included for each unit and an additional car can be parked on the driveway in front of the garage. Additional guest parking is located on the east and west sides of the community. Conveniently located in Flying Horse off of Northgate there is easy access to I-25, restaurants, shopping and services, and a new King Soopers. Barefoot Park is located across the street. This is an excellent opportunity for renters who want to live in the coveted Flying Horse area and be in D-20.

13669 Flurry Hts, Colorado Springs

$795,000

6913096 MLS

Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring.

455 W Van Buren St, Colorado Springs

$669,000

9815034 MLS

An amazing income producing stacked duplex in Flying Horse. This duplex was built and completed at the end of 2024 and the units are in beautiful condition. The lower level unit is a two bed, one bath home and the upper level unit is a two bed, two bath home. Each has its own private outdoor space. A separate one-car attached garage is included for each unit and an additional car can be parked on the driveway in front of the garage. Additional guest parking is located on the east and west sides of the community. Conveniently located in Flying Horse off of Northgate there is easy access to I-25, restaurants, shopping and services, and a new King Soopers. Barefoot Park is located across the street. This is an excellent opportunity for renters who want to live in the coveted Flying Horse area and be in D-20.

13632 Flurry Hts, Colorado Springs

$615,000

8675979 MLS

**Sharply Renovated Duplex Opportunity READY FOR TENANTS - YES, YOU ARE IN CONTROL OF WHAT"S NEXT!!**Snatch up this rare find Nestled in the Heart of the West side of Colorado Springs within Walking distance to Old Colorado City***BONUS!! Just steps/minutes from Garden of the Gods, I-25, Grocery Stores, Shopping, and Entertainment (Memorial Day Weekend's Territory Days!!)***Glistening Hardwood Floors along with Numerous UPGRADES/UPDATES to include New Exterior Paint; Flooring; Bathroom Tile, Toilets, and Vanities; Interior/Exterior Doors and Interior Baseboards; New Kitchen Appliances; Light Fixtures; Kitchen Cabinets; Plumbing; and Electrical Panel, Switches, & Outlets**Each Unit Boasts Mountain Views, a Storage Shed, Rear Patio, and a Private, Spacious, Separately Fenced Backyard**New Water Heaters (late 2024/2025) for each unit**New Furnace (2022) for Unit 405**New Concrete Parking Pad for Assigned Parking**Absolutely PHENOMENAL Short-term and Long-term Rental Potential with SUPER EASY Access to the Best of Colorado Outdoor Living and Fun - Plenty of Wildlife to enjoy too - Certainly worth a Peak!

405 Wilhelmia Ave, Colorado Springs

$296,000

3405005 MLS

Great condominium located in the prestigious Saddleback Ridge Subdivision. This ground floor unit is move in ready with new paint, new carpet, new kitchen appliances, new lighting, new smoke detectors, new locks and blinds already installed. The unit features two large bedrooms and two bathrooms, family room with gas fireplace with walkout to patio. Sit and relax on the covered patio; which also offers a storage closet. You'll have plenty of room in the oversized one car garage conveniently located by unit. Come take a look at this condo with it’s well-planned floorplan. Get ready to make it your next home or next investment. .

1935 Montura Vw Unit 104, Colorado Springs

$425,000

5401089 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

$975,000

3741259 MLS

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

12 W Monroe St, Colorado Springs

$449,999

2842947 MLS

Rare opportunity to own a westside House & Cottage property in a highly desirable location near downtown Colorado Springs and Colorado College. Front unit is already rented with an outstanding tenant and rear unit is ready for move-in or a new tenant. This property features a remodeled main home and detached cottage (ADU), both with recent interior updates including flooring, fixtures, lighting, and appliances. Each unit is individually fenced, and the cottage offers private alley access with off-street parking, making it highly attractive to tenants. Situated 300ft from the I-25 pedestrian bridge, this location provides easy access to Colorado College, downtown, greenway trails, and major amenities—driving consistent rental demand. This is could be a fantastic House-Hack opportunity with immediate income to help pay your mortgage, or a great opportunity to place your own tenant while still offering future upside in this desirable location!

315 W Monument St, Colorado Springs

$475,000

1429130 MLS

You must see this highly desirable Westside house and cottage! Completely renovated and move-in ready. This property features upgrades your tenants want, with the benefits of a worry-free, low-maintenance investment. All the hard work has been done. Located in a quiet, established neighborhood. House has 2 bedrooms (one non-conforming), and one full bathroom. Cottage consists of one bedroom, one 3/4 bath, and a kitchen open to the living room. Both homes have a brand new kitchen, bath, and a stackable washer/dryer! Separately metered cottage is ideal for rental income, and both homes have their own dedicated off-street parking and fenced yards. Sewer lines for both homes have been replaced. Solid rental history for past 15 years. Live in one and rent the other, or rent both for double the cash flow. Located just minutes from schools, parks, shopping, and I-25. Location makes this property a smart buy. Schedule your showing today and make an offer!

522 N Spruce St, Colorado Springs

$2,500,000

5379475 MLS

TWO LOTS IN ONE! INDOOR LAP POOL! INDOOR RIDING ARENA! BIG INCOME PROUDUCER! Discover the perfect blend of luxury, privacy, and investment potential with this exceptional 9.96 acre estate, tucked in the trees just minutes from the U.S. Air Force Academy and top Colorado Springs attractions. Spanning 6003 sq ft, this fully furnished retreat boasts almost a decade of strong rental history on VRBO. Whether you are seeking a turn-key income property, a part-time getaway, or full time wooded home this estate delivers on every front. Inside you'll find a gourmet kitchen with high-end appliances and expansive workspace, vaulted ceilings, open concept living, and stunning Pikes Peak Views. There is a private 44 ft indoor heated lap pool and outside hot tub which are a guest favorite and year round luxury. Multiple spacious bedrooms and gathering areas designed for comfort and entertainment make it the ideal location for multi-family use. Owner recently purchased the 4 acre adjacent lot and combined with the county to make a 9.96 acre ranch. Future owner can possibly subdivide and have 2 legal lots resulting in 2 income producing properties. Outside the property is zoned for horses. The "barn" (11,976 SF) has a 78' by 58' indoor riding arena, 8 stables with heat, 3-bedroom caretaker residence, tack rooms, office space, feed room, and bathroom. There is also nearly 2,000 SF of covered outdoor storage. The barn has not been used by the current owner but is ready to create new value for a buyer. Additional highlights include: proven short-term rental performance with strong guest reviews that can be transfered, and convenience to hiking, biking, Garden of the Gods, and downtown Colorado Springs. Whether you're an investor seeking reliable returns or a buyer ready to live the Colorado dream, this estate is a rare opportunity. Income, beauty, and location-all in one! Please do not disturb guests by driving on property as this is an active VRBO.

4225 Walker Vista Hts, Colorado Springs

$2,395,000

1380541 MLS

Step into a true landmark in the heart of Old Colorado City — a beautifully maintained building that effortlessly blends historic charm with modern luxury. This exceptional property features three fully leased commercial spaces, offering a solid and consistent income stream, while the gorgeous residential loft tucked at the rear provides breathtaking views and an entertainer's dream interior. The loft boasts expansive, light-filled living areas, high ceilings, and premium finishes throughout — perfect for both sophisticated entertaining and serene private living. Every corner of this building reflects care, quality, and timeless character, making it not only a smart investment but also a rare opportunity to own a piece of Old Colorado City history. Whether you are seeking prestige, income, or a stunning living space, this property delivers on all fronts — a truly distinguished legacy for generations to come.

2532 W Colorado Ave, Colorado Springs

$710,000

5883778 MLS

Great rental history on this ranch-style four plex near bus lines, military bases, with easy Interstate access. All units (except for Unit #4 - long-term tenant) have been remodeled within the past two years to include new carpeting, new paint, upgrades in bathrooms and kitchens. Fenced outdoor space with panoramic mountain views. Rents are lower than area average.

4328 Ericson Dr, Colorado Springs

$1,399,900

1689690 MLS

Welcome to this stunning newly built duplex offering modern design, thoughtful layouts, 9 ft ceilings on the main and upper levels, and investment potential. Each spacious unit boasts 2,594 square feet of finished living space, including a fully finished basement, providing ample room for comfortable living. Unit 135 features double primary suites, basement bedroom, and 4 bathrooms. Unit 125 offers 4 bedrooms, 4 bathrooms, and a convenient main-level office—ideal for remote work or flexible living needs. Both units include fully finished and insulated two-car garages, ensuring year-round comfort and functionality. You’ll find bright, open-concept great rooms highlighted by 9-foot ceilings. The stylish kitchens are anchored by large islands, perfect for entertaining, and flow seamlessly into living areas complete with luxury vinyl flooring and cozy gas fireplaces. The dining rooms walk-out to private back yards. Each primary suite is designed as a private retreat, featuring a spacious walk-in closet and attached bathroom with double vanity. Basements are pre-plumbed for a wet bar and offer a bedroom, full bathroom, and rec room. Enjoy beautiful mountain and city views from the primary bedrooms and a sleek contemporary exterior that enhances curb appeal. With no HOA, owners and investors alike will appreciate the added flexibility. Located in the desirable Creekwalk neighborhood, this property is within easy walking distance to some of the area’s newest restaurants and shopping destinations. Its prime location also offers quick access to I-25, Fort Carson, and downtown Colorado Springs.

135 Terrace Dr, Colorado Springs

$699,900

9488524 MLS

Basically two houses on one lot, in D20. Offering a lot more than most duplexes, each side is big -- nearly 2,300 square feet, with two living rooms (one with brick fireplace), three bedrooms, two baths, a large private yard and a garage parking space. Essentially, it's two homes for $350,000 each, but in a centrally located and mature neighborhood where you can walk to the grocery store or find a hiking trail but get on I-25 in just a couple minutes. For investors, both units are vacant and refreshed after being occupied for 7 and 10 years. A new owner has the opportunity to establish rents at current market value with tenants they vetted themselves. For owner-occupants, it's a chance to live in one side while the other helps pay the mortgage and builds equity for a long-term investment in the D20 school district. Rooms are all generously sized, with a very large en suite bedroom in the basement. Washer and dryer hook-ups are provided. Both units have fresh paint and carpet and updated lighting and hardware and are ready for immediate occupancy. Property has a very well-established rental history, and rents on listing are estimates based on size, location and current market: Buyers should be satisfied with their own estimates before making an offer. Gas and electric are separately metered, but water is not and would have to be built into rents. Central location offers easy access to Academy Bouevard, Woodmen Road and I-25, in a quiet neighborhood near tons of amenities, including shopping, groceries and restaurants. Very rare opportunity for a large, move-in ready duplex in a desirable location.

6735 Hampton Dr, Colorado Springs

$679,000

1791753 MLS

An amazing income producing stacked duplex in Flying Horse. This duplex was built and completed at the end of 2024 and the units are in beautiful condition. The lower level unit is a two bed, one bath home and the upper level unit is a three bed, two bath home. Each has its own private outdoor space. A separate one-car attached garage is included for each unit and an additional car can be parked on the driveway in front of the garage. Additional guest parking is located on the east and west sides of the community. Conveniently located in Flying Horse off of Northgate there is easy access to I-25, restaurants, shopping and services, and a new King Soopers. Barefoot Park is located across the street. This is an excellent opportunity for renters who want to live in the coveted Flying Horse area and be in D-20.

13621 Flurry Hts, Colorado Springs

$600,000

4869255 MLS

Located in the established Knob Hill area, this multi-unit property presents a versatile opportunity with units featuring separate entrances. All units have their own mini-splits for AC and heat, permitted in 2022. Each lower residence and cottages enjoy their own fenced yards, providing defined outdoor space and added functionality. the 2 upper units have balconies. The electrical system was updated in 2022. Main level on site coin-operated laundry setup offers additional utility and income. Newer roof permitted in 2021. Security system on the property stays, deposit/rent dropbox in the main hall for security, a couple of units have their own storage shed, and there is a big basement area for storage. The layout supports both privacy and convenience across the units, while the overall configuration allows for a range of potential uses. Positioned within walking distance to Memorial Park and offering easy access to downtown Colorado Springs, as well as nearby thoroughfares, the location combines accessibility with proximity to everyday amenities.

11 Bonfoy Ave, Colorado Springs

$655,000

9203696 MLS

Fourplex located just minutes from the Powers Corridor and Peterson Air Force Base offering strong rental potential. This property features four spacious units—two upper and two lower—with each unit offering 2 bedrooms and 1 full bathroom. All units are equipped with laundry hookups, providing added convenience for tenants. The property includes a dedicated parking lot and each unit also comes with its own private storage unit located at the rear of the property, a highly desirable feature for renters.

6843 Western Pl, Colorado Springs

$525,000

7889794 MLS

Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.

505 W Bijou St, Colorado Springs

$899,000

4136642 MLS

A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more. A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.

2416 W Vermijo Ave, Colorado Springs

$550,000

8107189 MLS

Wonderful income property featuring 3 units with separate entrances. The main house could easily be converter back into one unit. Over 2,000 square feet in the main home and approximately 400 square feet in the charming cottage. Ideally located within walking distance to Memorial Hospital and the Olympic Training Center, the property includes two fully fenced homes situated across three lots. With ample off-street parking and strong rental potential, this property offers excellent income opportunities.

1012 Iowa Ave, Colorado Springs

$2,500,000

3488360 MLS

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.

1609 W Cheyenne Rd, Colorado Springs

$690,000

1314431 MLS

Great potential! Over 6000sq ft, 4650sq ft above grade! New roof! Home interior is in unfinished condition.

119 E Fontanero St, Colorado Springs

$999,900

8571865 MLS

A rare 5-plex located within walking distance of Downtown Colorado Springs and Colorado College. This might be the only Downtown multi family property where every unit has a garage. The property has plenty of additional off street parking. The property also features low maintenance zero scape landscaping. This is an investment property that any seasoned real estate investor will appreciate.

514 N Wahsatch Ave, Colorado Springs

$750,000

7684045 MLS

Architectural 2023 Modern with income-producing Guest House just steps from the Garden of the Gods. Welcome to Studio House, a striking architectural retreat in one of the most sought-after locations in Colorado Springs. Built in 2023, this one-of-a-kind property blends modern design, dramatic volume, and income-generating flexibility. The main residence offers 1,120 sq ft with two bedrooms and two bathrooms. Soaring 15-foot vaulted ceilings, skylights throughout, and expansive glass sliding doors create seamless indoor-outdoor living, framing mountain views and filling the home with natural light. Thoughtfully oriented to the sun, the interior evolves throughout the day, enhanced by a smart lighting system that adapts to any mood. High-end finishes and clean architectural lines deliver a refined, comfortable living experience. The detached 550 sq ft guest house includes one bedroom, two bathrooms, a versatile loft, and a skylight in the bathroom that enhances natural light. With ceiling heights up to 17 feet, it lives large and offers flexibility for guests, multigenerational living, or continued use as a proven short-term rental. Averaging per month, it provides an exceptional opportunity to offset ownership costs. The property features four dedicated off-street parking spaces—two in front and two for the guest house—including EV charger access, offering a practical and low-maintenance alternative to traditional garage living. Whether you’re seeking a primary residence with supplemental income, a stylish second home, or a flexible investment property, Studio House delivers a rare combination of design, location, and financial upside—just minutes from the natural beauty and iconic red rock formations that define Colorado living. Modern. Architectural. Income-producing. This is not just a home—it’s a lifestyle opportunity

3328 W Bijou St, Colorado Springs

$675,000

6181425 MLS

One unit recently updated. All units occupied! Instant cash flow! This fully rented fourplex consists of 4X 2 bedroom/1 bathroom units. Each condo offers a spacious living room complete with fireplace and private balcony, all kitchen appliances included, and ample off-street parking. Window A/C units included. Conveniently located near local military bases, bus lines, Valley Hi Golf Course, Memorial Park, The Citadel Shopping Center, dining, I-25, Academy Boulevard, and more! Feeds to Harrison School District: Pikes Peak Elementary, Carmel Middle, and Harrison High School. Solid rental history with the opportunity to increase rents and ROI in the future.

1051 Mazatlan Cir, Colorado Springs

$598,000

5652897 MLS

Welcome Home! Discover two charming, side-by-side detached downtown bungalows offering endless possibilities. Each home is cute, clean, and move-in ready. Relax on the inviting front porches or entertain in the fenced backyards. Both retain touches of their original Victorian character while featuring spacious kitchens with walkouts to the yard. Washer and dryer hookups are included in both, along with extra storage in walk-in cellars. Located near downtown, you’ll be close to parks, tennis courts, trails, shopping, and restaurants. Entertainment options abound—including pickleball—just minutes away. Plus, Colorado College is right nearby.

710 & 712 E Boulder St, Colorado Springs

$438,000

4924098 MLS

Rare Westside duplex on an oversized lot with room to grow. Located west of I-25, this property offers quick access to Garden of the Gods, Old Colorado City, and downtown Colorado Springs. Each unit features 2 bedrooms and 1 bathroom, with fresh interior paint and recent updates throughout. The lower unit includes a private fenced yard. The upper unit offers a fenced patio with a well-kept garden. The large lot provides ample off-street parking, plus a detached one-car garage for added convenience and flexibility. Recent improvements include a new retaining wall, freshly painted exterior, and an engineer-certified foundation for long-term stability. Strong location, solid rental potential, private outdoor spaces, and expansion possibilities make this a compelling option for both investors and owner-occupants.

546 W St Vrain St, Colorado Springs

$610,000

1618882 MLS

AWESOME Rental Property!! Charming duplex in Old Colo City, two blocks from Colorado Ave with so many restaurants and shops to enjoy. Walk down the hill and have dinner while enjoying the sunset. This is a great opportunity to live in one unit and rent out the other or rent both units as investment property. Entire property has recently been updated with all new kitchens, baths, windows, appliances, flooring, light fixtures, drywall, paint inside and out, etc etc.... Upstairs unit features tall ceilings as you enter into a great room with dining area and kitchen, a living area, two bedrooms, bath, laundry room, back deck and lovely front porch. It is open and spacious. A cheerful home. Downstairs unit enters from the side of home. This also consists of living, kitchen, two bedrooms, full bath and large laundry/storage room. Both units are light and bright with plenty of large windows. The location is peaceful as Platte Ave is a dead end at 25th St. so very little traffic. This home was moved to the lot in 1979 therefore the foundation is poured concrete and newer given the age of the home. No need to worry about an old stone foundation as many of the homes have in Old Co City. There are two large flagstone patios in backyard and new landscape in front eliminating the need for water. There is plenty of off street parking for 4 vehicles off the alley. Upstairs unit is currently rented. Lower level is occupied for 3 month furnished finder tenant. Fantastic rental history.

2429 W Platte Ave, Colorado Springs

$279,000

8201355 MLS

Welcome to this inviting 3-bedroom, 1-bath single-family home offering 1188 sq. ft. of comfortable living space. Located on a quiet cul-de-sac, the home includes a garage that has been converted into an office or potential 4th bedroom—a versatile space ready for your finishing touches. The updated kitchen features new appliances, including a range/oven and dishwasher, and refrigerator. Additional updates include a new furnace and a water heater replaced just three years ago. Fresh interior and exterior paint pair beautifully with low-maintenance tile flooring throughout, creating a bright and move-in-ready atmosphere. Conveniently situated near military bases, community centers, schools, parks, and shopping, this home blends comfort, convenience, and long-term value.

4291 Deerfield Hills Rd, Colorado Springs

$550,000

6627664 MLS

Fully renovated up-down duplex in a central Colorado Springs location, offering strong income potential and flexibility for owner-occupants or investors. Each unit features 2 bedrooms and 1 bathroom, along with brand-new appliances and private in-unit laundry. The downstairs unit includes a bright enclosed sunroom with its own separate entrance, while both units share a fully fenced yard. Live in one unit and offset your mortgage with rental income from the other, or explore additional revenue through short-term rental opportunities. The upstairs Unit is currently rented until Jun 30, 2027. The downstairs Unit is rented until Jun 30, 2027. Both units have maintained a 0% vacancy rate in recent years, highlighting the property’s consistent rental demand. Additional income potential includes a separately rented garage and space to add an ADU (zoned R-2; buyer to verify with city). This is a rare opportunity to own a turnkey property with multiple income streams in a desirable location. Sewer Line was lined in 2022, which comes with a 50 year warranty that transfers to the new owners. New Furnace and New Split Units in Upstairs Unit. All Foundation issues were addressed and completed in 2022.

704 Cooper Ave, Colorado Springs

$700,000

1080526 MLS

Charming Historic Duplex in Old Colorado City Welcome to a beautifully preserved duplex nestled in the heart of Old Colorado City. Built in 1899, this 2,436 sq ft property seamlessly blends historic charm with modern conveniences, offering a unique opportunity for homeowners and investors alike. Interior Features: Each unit within this duplex retains original hardwood floors, intricate trim, and vintage doors that echo the home's rich history. Modern amenities include self-cleaning ovens, dishwashers, and garbage disposals, ensuring contemporary comfort. A full basement spans the entire footprint of the house, providing ample storage or potential for additional living space. Updated utilities include HVAC, water heater, and electrical panel. Location & Neighborhood: Situated just steps away from the vibrant shops, cafes, and galleries of Old Colorado City, this property offers the perfect blend of community charm and urban convenience. Nearby schools include West Elementary and Middle Schools, both within a short distance, and Coronado High School. Investment Potential: With its prime location and duplex configuration, presents a rare opportunity for rental income or multi-generational living. , offering a solid return on investment.

18 S 13th St, Colorado Springs

$475,000

4 Beds ⋅ 3 Baths ⋅ 2924415 MLS

Step into a piece of Colorado Springs history with this authentic 1888 Victorian, ideally located just steps to the vibrant downtown core. Rich with character and timeless architectural details, this unique property offers a rare blend of historic charm and modern flexibility. Currently configured with separate upper and lower living spaces, the home presents a variety of possibilities for today's buyer. Live comfortably in one portion of the home while generating income from the other, create a private space for multigenerational living, or restore the property to its original grandeur as a single-family residence. For those seeking supplemental income, the property's layout may also lend itself to an owner-occupied short-term rental opportunity, subject to local regulations and licensing requirements. High ceilings, period details, and the unmistakable character of a true Victorian create an atmosphere that simply cannot be replicated in newer construction. Enjoy easy access to downtown restaurants, breweries, coffee shops, parks, cultural attractions, and major employers, all while owning a distinctive home that stands out from the ordinary. Whether you're looking for a primary residence with income potential, a flexible living arrangement, or a historic property to make your own, 415 E. Bijou Street offers a unique opportunity in one of Colorado Springs' most desirable urban locations.

415 E Bijou Street, Colorado Springs

$1,250,000

11 Beds ⋅ 12 Baths ⋅ 2210794 MLS

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

5602-5014 Towson View, Colorado Springs

$440,000

3 Beds ⋅ 3 Baths ⋅ 9440901 MLS

Welcome to this exceptionally well-maintained ranch-style townhome in the beloved Carriages at Indigo Ranch community, where easy living, thoughtful design, and everyday convenience come together beautifully. With all of the home’s main necessities located on the main level, the layout offers true main-level living if desired, paired with the flexibility of additional basement space for guests, hobbies, or entertaining. Inside, the open and inviting floor plan creates comfortable, connected living spaces filled with natural light. Gorgeous hardwood flooring extends throughout much of the main level, adding warmth and timeless character. The living room centers around a cozy gas fireplace, while the kitchen offers a functional and stylish gathering space with slab granite countertops, stainless steel appliances, center island seating, ample pantry storage, and seamless flow into the dining and living areas. The spacious primary suite provides a relaxing retreat with an adjoining sitting area and private bath featuring dual sinks and quality finishes. Main-level laundry adds everyday convenience, while central air conditioning keeps the home comfortable year-round. The fully finished basement expands the living space with a large recreation room, two additional bedrooms, and a bathroom, while still offering unfinished storage and utility space. Outside, enjoy the partially covered back patio, perfect for morning coffee or relaxing evenings. The HOA maintains much of the outdoor landscaping throughout the community, allowing for lower-maintenance living and more time to enjoy the things you love. Ideally located close to shopping, dining, parks, schools, and everyday amenities, this home also offers quick access to Powers, Marksheffel, Woodmen, and Highway 24 for an easy commute across Colorado Springs. Comfortable, functional, and truly move-in ready, this is a wonderful opportunity in one of Indigo Ranch’s most loved townhome communities.

7670 Matchlock Heights, Colorado Springs

$720,000

6 Beds ⋅ 3 Baths ⋅ 4455786 MLS

910 W Colorado Avenue is a fully renovated and versatile triplex located between Old Colorado City and Downtown Colorado Springs, offering close proximity to Garden of the Gods, Manitou Springs, and other premier west-side amenities. The property features a strong unit mix of one 3BD/1BA, one 2BD/1BA, and one 1BD/1BA, providing diversified rental income and broad tenant appeal. Renovations and prior successful short-term rental history support a turnkey opportunity with flexible use potential and strong income stability in a high-demand corridor. Adjacent 908 W Colorado Avenue is also available, and the seller prefers to sell both properties together as a rare side-by-side multifamily opportunity totaling five units, creating immediate scale and operational efficiency in one of Colorado Springs’ most sought-after rental markets.

910 W Colorado Avenue, Colorado Springs

$680,000

5 Beds ⋅ 3 Baths ⋅ 7859233 MLS

Exceptional opportunity to acquire a well-positioned multifamily asset in the highly desirable west side corridor of Colorado Springs. Located between Downtown and Old Colorado City, 908 W Colorado Avenue features a fully remodeled 3-bedroom, 2-bath main home plus a detached 1-bedroom cottage, offering strong rental appeal and a turnkey investment opportunity. Renovations completed within the past two years provide modern finishes and limited near-term capital needs, while tenants pay their own utilities for streamlined operations. Situated next door is 910 W Colorado Avenue, a fully renovated triplex also available for purchase, this offering presents a rare chance to control neighboring multifamily properties in one of the city’s most supply-constrained rental markets. Seller prefers to sell 908 W Colorado together with 910 W Colorado but will entertain individual sales The property offers convenient access to Downtown Colorado Springs, Old Colorado City, I-25, Highway 24, local dining, retail, and outdoor amenities continues to drive strong tenant demand in this highly sought-after location.

908 W Colorado Avenue, Colorado Springs

$795,000

8 Beds ⋅ 4 Baths ⋅ 8316367 MLS

Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.

455 W Van Buren Street, Colorado Springs

$525,000

3 Beds ⋅ 2 Baths ⋅ 8860481 MLS

Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.

505 W Bijou Street, Colorado Springs

$525,000

3 Beds ⋅ 2 Baths ⋅ 4017568 MLS

Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.

505 W Bijou Street, Colorado Springs

$1,399,900

7 Beds ⋅ 8 Baths ⋅ 7405762 MLS ⋅ Today's Terrace at Creekwalk BLDG.

Welcome to this stunning newly built duplex offering modern design, thoughtful layouts, 9 ft ceilings on the main and upper levels, and investment potential. Each spacious unit boasts 2,594 square feet of finished living space, including a fully finished basement, providing ample room for comfortable living. Unit 135 features double primary suites, basement bedroom, and 4 bathrooms. Unit 125 offers 4 bedrooms, 4 bathrooms, and a convenient main-level office—ideal for remote work or flexible living needs. Both units include fully finished and insulated two-car garages, ensuring year-round comfort and functionality. You’ll find bright, open-concept great rooms highlighted by 9-foot ceilings. The stylish kitchens are anchored by large islands, perfect for entertaining, and flow seamlessly into living areas complete with luxury vinyl flooring and cozy gas fireplaces. The dining rooms walk-out to private back yards. Each primary suite is designed as a private retreat, featuring a spacious walk-in closet and attached bathroom with double vanity. Basements are pre-plumbed for a wet bar and offer a bedroom, full bathroom, and rec room. Enjoy beautiful mountain and city views from the primary bedrooms and a sleek contemporary exterior that enhances curb appeal. With no HOA, owners and investors alike will appreciate the added flexibility. Located in the desirable Creekwalk neighborhood, this property is within easy walking distance to some of the area’s newest restaurants and shopping destinations. Its prime location also offers quick access to I-25, Fort Carson, and downtown Colorado Springs.

135 Terrace Drive, Colorado Springs

$780,000

8718070 MLS

We are pleased to present the opportunity to acquire 6727 Dale Rd, a well-maintained, townhome-style fourplex in Colorado Springs. The property features spacious two-story units and a consistent history of capital improvements, offering investors a balanced profile of in-place stability and value-add potential. The asset consists of four 2 bed / 1.5 bath units, each approximately 1,138 square feet, providing a highly functional layout that appeals to long-term tenants and competes favorably against smaller, stacked apartment product. Interior renovations have been completed throughout the ownership period, though finish levels vary by unit. Unit 6727 Dale Rd underwent a full renovation in 2025 and represents the highest quality interior, while the remaining units offer additional upside through continued upgrades and rent growth. Ownership has completed several key capital improvements, including a roof replacement in 2019, full balcony replacements since 2023, and updated electrical panels. These upgrades reduce near-term capital expenditure needs and allow a buyer to focus on executing an interior value-add strategy. In addition to interior upside, the property presents an opportunity to implement a utility bill-back system (RUBS), allowing a future owner to recapture a portion of operating expenses and further enhance net operating income. With its townhome-style configuration, larger unit sizes, multiple avenues for NOI growth, and clear path to increased rents, 6727 Dale Rd presents an attractive opportunity for investors seeking both durability and upside. *****CONTACT ANDREW STEPHENS, THE LISTING AGENT, FOR ANY ADDITIONAL INFORMATION at (720) 496-8868 or astephens@moduscommercial.com*****

6727 Dale Road, Colorado Springs

$750,000

3 Beds ⋅ 3 Baths ⋅ 6491142 MLS

Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. A strong fit for a developer/builder focused on well-located, efficient infill projects! The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in. MX-M Zoning (Mixed-Use Medium Scale) allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or potentially something more creative depending on your vision. Preliminary approvals already in place for six townhomes—potentially a streamlined path to development. It is ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services, immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City. Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living!

3137 W Pikes Peak Avenue, Colorado Springs

$689,900

3 Beds ⋅ 4 Baths ⋅ 4413472 MLS ⋅ Today's Terrace at Creekwalk BLDG.

UNDER CONSTRUCTION. New construction located in Southwest Colorado Springs’ new Creekwalk neighborhood. Near internationally acclaimed destination The Broadmoor, Today’s Terrace at Creekwalk offers a contemporary home design in a coveted location. No HOA! Modern exterior elevation welcomes you into this two-story with 3 bedrooms, 4 bathrooms, a 2 car garage, and a full finished basement in each unit! Featuring nine-foot ceilings on both the main and upper levels, the home includes central air conditioning, tankless water heater. Main level standard features include beautiful and long-lasting luxury vinyl floor and generous can lighting placement, with a gas fireplace in the living room and sliding door to the back yard from the dining room. Luxurious island, quartz counters, and shaker style cabinets accentuate the kitchen along with stainless steel appliances and pantry. The powder room competes the main level. Owner’s suite upstairs offer both a walk-in closet plus a second closet, and an attached bathroom with double sinks and a walk-in shower. You’ll catch some nice views from the primary bedroom too! Second owner’s suite includes a walk-in closet and ensuite bathroom with double vanity and walk-in shower. Laundry is upstairs with the two bedrooms. The basement is finished with one bathroom, one bedroom, a pre-plumbed wet bar, and rec room. Today’s Terrace at Creekwalk is convenient to I-25, Hwy 115, and a wide array of the newest shopping, dining and more exciting nearby amenities. This is an HOA-free community!

165 Terrace Drive, Colorado Springs

$690,000

8 Beds ⋅ 4 Baths ⋅ 3703452 MLS

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

33 University Drive, Colorado Springs

$799,900

4 Beds ⋅ 4 Baths ⋅ 7516300 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 Street, Colorado Springs

$699,000

4 Beds ⋅ 2863988 MLS

LOCATION, LOCATION, LOCATION! This stunning home is situated in the serene and seldom-traveled section of Platte Avenue (above the bridge), offering an exceptionally peaceful setting for its exciting downtown location. Do NOT miss your chance to see this exquisite custom new build nestled in the HEART of downtown Colorado Springs, offering an alluring blend of modern luxury and historical charm. Upon entrance, you'll immediately appreciate the meticulous attention to detail that was thoughtfully and carefully allocated throughout. This home showcases sophistication and comfort, boasting a gourmet kitchen that's a chef's delight. Stainless steel appliances adorn this culinary haven, complemented by custom cabinets, quartz countertops, and a generously sized walk-in pantry ensuring ample storage and functionality. The main open concept living area, adorned with expansive windows, invites an abundance of natural light, creating a luminous and airy ambiance. Upstairs you will find two bedrooms with a full guest bathroom, a large laundry closet, and an elegant primary suite with striking vaulted ceilings and a private en-suite bathroom that exudes elegance. And... the VIEWS! Descend into the fully finished basement, complete with a private bedroom, bathroom and a large rec room, all with natural light and 9 ft ceilings! Outside, you will find professionally landscaped front and back yards, fencing, and auto sprinkler systems. Completing the allure of this property is an oversized two-car detached garage, providing ample space for parking and storage, adding convenience and functionality to this remarkable downtown home. This custom home offers a unique and rare opportunity to own a home that encapsulates the best of both worlds merging a custom built home located in a historical downtown neighborhood. Minutes from downtown restaurants, shopping, entertainment, and public transportation! Some photos are virtually staged.

726 E Platte Avenue, Colorado Springs

$730,000

8 Beds ⋅ 4 Baths ⋅ 8502328 MLS

423 N 30th Street is a well-located four-unit multifamily property positioned on the desirable west side of Colorado Springs, just minutes from the historic Old Colorado City corridor and major outdoor recreation amenities. Constructed in 1951, the approximately 2,999-square-foot building features four spacious two-bedroom units, providing an attractive housing option for renters seeking proximity to employment centers, outdoor recreation, and neighborhood retail. The property benefits from strong rental demand driven by the region’s expanding population, military presence, and tourism economy. Colorado Springs continues to experience sustained economic growth supported by aerospace, defense, technology, and tourism sectors, along with a steady influx of new residents drawn by the area’s quality of life and outdoor amenities. Located roughly one and a half miles from Garden of the Gods and minutes from downtown, the property offers tenants convenient access to recreation, dining, and employment centers while maintaining a quieter residential setting. The area’s strong fundamentals and limited multifamily inventory make this asset an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.

423 N 30th, Colorado Springs

$840,000

8 Beds ⋅ 8 Baths ⋅ 4813268 MLS

***New Prime Investment Opportunity in Highly Coveted Area!*** 2305 Split Rock Drive presents an attractive opportunity to acquire a four-unit multifamily property in Colorado Springs, Colorado, one of the fastest-growing cities in the Front Range. Built in 1984 and totaling approximately 4,772 square feet, the property offers investors a stable, small-scale residential asset with manageable operations and consistent rental demand. The property is located within a quiet residential neighborhood in the southeastern Colorado Springs submarket, providing residents with convenient access to major commuter routes, neighborhood retail centers, grocery stores, and everyday services. Nearby parks, schools, and community amenities contribute to a comfortable living environment that appeals to workforce renters and long-term residents. Colorado Springs continues to experience strong economic and population growth driven by its diverse employment base including defense, aerospace, healthcare, technology, and education sectors. Major nearby employers such as Fort Carson, Peterson Space Force Base, and several national defense contractors support steady housing demand throughout the region. With its desirable location, practical unit layouts, and proximity to major employment centers, 2305 Split Rock Drive provides investors with a stable multifamily investment positioned to benefit from Colorado Springs’ long-term economic growth.

2305 Split Rock Drive, Colorado Springs

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