Colorado Springs Real Estate Search

Colorado Springs Multi-Family Properties for Sale

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Newest Colorado Springs Multi-Family Homes for Sale

$835,000
5 Beds ⋅ 5 Baths ⋅ 6220184 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 Drive, Colorado Springs
$725,000
4 Beds ⋅ 2 Baths ⋅ 7660747 MLS
Charming turn-of-the-century Victorian duplex on a rare double lot in the heart of Old Colorado City. Fully updated while preserving its historic character, this property blends timeless charm with modern comfort. Each unit comes fully furnished, which makes it perfect for furnished mid-term rentals (ie furnished finder) and offers a thoughtfully designed 2-bedroom layout, beautifully remodeled kitchens and baths, and inviting outdoor space with a patio or deck. With two tenants already in place bringing in 4945 per month, R4 zoning, the income potential here is exceptional—with room to expand or reimagine. Just 2 blocks from the vibrant shops, restaurants, and energy of Old Colorado City, this is a unique opportunity to own a piece of history with built-in upside.

2828 W Kiowa Street, Colorado Springs
$400,000
2 Beds ⋅ 2 Baths ⋅ 8451962 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’sportfolio. 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 an adjacent full 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 the occupant's 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, andoptional 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: 2533 Patriot Heights (MLS 3271271) and 2580 Patriot Heights (MLS 1807214). 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 Heights, Colorado Springs
$440,000
5 Beds ⋅ 2 Baths ⋅ 6076879 MLS
County: El Paso Year Built: 1898 Buildings | Stories: 1 | 1 Total Units: 2 Construction: Wood Siding Roof Type: Pitched Gross Building SF: 1,925 Lot SF: 3,480 Parking: Off-Street/Street Heating: Electric Baseboard Zoning: R-2 Gas/Electric: Individual Water/Sewer: Master The Pikes Peak Duplex offering presents a prime multifamily investment opportunity in the heart of historic Old Colorado City, Colorado Springs. This charming side-by-side duplex delivers two renovated units with strong rental appeal, combining substantial recent capital improvements and remaining cosmetic value-add upside in one of the city’s most vibrant, walkable, and desirable neighborhoods. Just minutes from Garden of the Gods, Cheyenne Mountain Zoo, The Broadmoor, and Downtown CO Springs, residents enjoy immediate access to premier lifestyle amenities, outdoor recreation, and major employment centers. Recent upgrades include LVP flooring throughout, PEX plumbing conversion, and complete electrical panel modernization to current code standards. Units feature kitchen updates with backsplash, appliances, cabinets, and sink, plus bathroom renovations with tile and vanity. This stabilized duplex offers investors a combination of location-driven demand, significant capital improvements, and targeted value-add upside through cosmetic enhancements. With strong in-place performance and long-term appreciation potential in a premium neighborhood, it represents a compelling entry point into the Colorado Springs multifamily market. HIGHLIGHTS - LVP flooring replacement throughout - $30K worth of interior improvements - Plumbing line replacement to PEX piping - Electric breaker panel and electric main line upgrade to modern code standards - Excellent location in the heart of Old Colorado City and 10 minutes west of Downtown CO Springs - Excellent walkability to unique/vibrant retail shops, restaurants, and entertainment

2201 W Pikes Peak Avenue, Colorado Springs
$677,400
4 Beds ⋅ 3 Baths ⋅ 9772998 MLS
An amazing income producing stacked duplex in Flying Horse at the north end of Colorado Springs. 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 t 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 and D-20 school district.

Colorado Springs
$485,000
4 Beds ⋅ 2 Baths ⋅ 2427801 MLS
Nestled away in a desirable neighborhood, this westside duplex has everything from breathtaking mountain views to the convenience of a short walk to Old Colorado City. The property has a newer roof (2022), new electrical panels (2023), new deck (2023), new full size a/c condensers for each unit (2023), New furnaces for each unit (2023), and a large new exterior shed for extra storage. The upper and lower unit have nearly identical floorplans. 4 primary suites!!! Each bedroom has a walk in closet and bathroom. The upper unit has newer appliances, quartz countertops and is vacant for househacking and owner occupancy. Offset your mortgage with the bottom unit's rent! Each unit also has 2 off street parking spots. The property is located close to I25, Old Colorado City, Downtown Colorado Springs, Manitou, Grocery stores, shops, parks and more. Everything you need is a short drive away! Don't miss this incredible deal on a well kept investment property!

2516 Glen View Avenue, Colorado Springs
$325,000
5749904 MLS
This exceptional duplex presents a rare opportunity to invest just minutes from Fort Carson, one of Colorado Springs’ most sought-after employment hubs, ensuring steady rental demand from military personnel and related workforce. Thoughtfully designed as single-story units, the property offers a comfortable, accessible layout that appeals to a wide range of tenants while minimizing long-term maintenance challenges. Each unit features individually metered gas and electric along with separate mechanical systems, providing operational efficiency, cost control, and reduced capital exposure for the owner. With below-market in-place rents, the property offers an immediate value-add opportunity through strategic renovations and lease repositioning, allowing investors to unlock substantial upside while benefiting from stable occupancy. This asset combines location, functionality, and growth potential, making it a compelling addition to any multifamily portfolio. Please call or text 417-459-2155 for more information.

364 S Greensboro, Colorado Springs
$494,950
4 Beds ⋅ 4 Baths ⋅ 9818312 MLS ⋅ The Reserve at Park Vista BLDG.
The Reserve at Park Vista offers custom new construction on a private cul-de-sac in a highly convenient location! This to-be-built 2-story home features stucco exterior, 9 ft ceilings on the main and upper levels, attached 2-car garage with automatic garage door opener, and low-maintenance xeriscaped front yard. Enjoy 4 bedrooms, 4 bathrooms, fully finished basement with rec room, and private backyard. You have the unique ability to select your favorite finishes and upgrades, ensuring every detail is tailored specifically to your taste! The main level showcases a thoughtfully designed open floorplan accented by durable luxury vinyl flooring. The kitchen is equipped with 42" extended height cabinetry, stone counters, bar-top island, abundant recessed lighting, and pantry, all of which can be customized with your choice of finishes. Premium stainless steel appliance package includes gas range and refrigerator. The living room serves as a cozy focal point with gas fireplace and custom tile surround, while the dining room conveniently walks out to a private, fully fenced backyard with auto sprinklers. Upstairs, the Owner’s Suite offers both a walk-in closet and a secondary closet, plus a customized en suite with double vanity, undermount sinks, stone counters, and tiled shower tub. Two more bedrooms, full bathroom, and laundry space with washer and dryer included complete the upper level. The finished basement adds a fourth bedroom with walk-in closet, full bathroom, and large rec room pre-plumbed for a wet bar – great for entertaining! Built with superior 2x6 construction, 95% efficient gas furnace, and central A/C, this home offers total peace of mind and comfort year round. You are minutes from UCCS, Palmer Park, Academy, and Powers, placing the best shopping and dining right at your fingertips. This is your chance to secure a brand new home tailored to your exact specifications in a location you'll love.

4358 Siferd Boulevard, Colorado Springs
$689,000
3 Beds ⋅ 4 Baths ⋅ 2168986 MLS
Stunning brand-new construction in the heart of the sought after Ivywild neighborhood! This thoughtfully designed home offers 3 bedrooms, 4 bathrooms, and an attached 2-car garage. With 2 bedrooms upstairs and a private guest suite with full bath in the finished basement, this layout offers both comfort and flexibility. Enjoy a custom-designed kitchen featuring sleek quartz countertops and brand new stainless steel appliances. The open-concept main level is finished with luxury vinyl plank flooring and large windows creating an elegant, bright, and durable living space perfect for entertaining. Upstairs, retreat to the luxurious primary suite complete with vaulted ceilings, large windows, walk-in closet, and abundant natural light. From the suite, step out onto your private walk-out balcony and take in the gorgeous Colorado views. The spa-inspired en-suite bathroom includes a custom walk-in shower, double vanity, and private toilet room. Plush carpeting adds warmth and comfort to the upper level. The finished basement includes a third bedroom with its own private full bathroom; ideal for guests or a home office. Additional features include quartz countertops in all bathrooms, a professionally landscaped yard with sprinkler and drip systems, a class 4 impact resistant shingle roof, and beautiful exterior views from every level. Don’t miss this rare opportunity to own a brand-new home in one of Colorado Springs’ most vibrant and historic neighborhoods. Schedule your showing today!

7 Noyer Court, Colorado Springs
$365,500
3 Beds ⋅ 2 Baths ⋅ 8377134 MLS
The 2 bedroom unit is leased thru June 2027 and the 1 BR is Leased Thru July 2026. This Duplex in Prospect neighborhood near Memorial Park and Prospect Lake. Desirable location convenient to downtown and the new Switchback Stadium! Each unit has a washer / dryer. Nicely finished with Granite, linoleum, Tile, Vinyl, carpet and nice appliances for your tenants.

1113 E Cimarron Street, Colorado Springs
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