#1922433
Colorado Springs, CO
- 8 beds
- 8 baths
- 4,016 sqft
- 10,072 sqft lot
- $146 per sqft
- 1984 build
- – on site
More homes
Great investment opportunity! Amazing value add 4-plex property, being sold at a discounted price. Large townhome units, all with two beds and two baths. All units have washer/dryer hook ups. Ample parking. Fully occupied with three month to month leases and the fourth lease expiring in October 2025. Hurry, this is a great deal and it won't last long! This property is being sold as-is and is ready for some TLC and good management. If properly updated & maintained - rents could be potentially doubled. Convenient access to I-25 & military bases.
Last checked:
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Last updated May 3, 2025
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MLS# 1922433 —
The Building
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Year Built:1984
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New Construction:false
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Construction Materials:Wood/Frame
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Total SqFt:4,016 Sqft
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# of Units Total:4
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Building Area Total:4016
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Roof:Composition
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Levels:Two
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Basement:Crawl Space
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Stories:2
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Above Grade Finished Area:4016
Room Dimensions
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Living Area:4016
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
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Tenant Pays:Gas
Location
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Coordinates:-104.7743, 38.805378
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Latitude:38.805378
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Longitude:-104.7743
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Acres:0.23
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Lot Size SqFt:10,072 Sqft
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Lot Size Area:10072
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Lot Size Units:Square Feet
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Zoning:R5
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Exclusions:Tenant's Personal Property & All Appliances in Unit D
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Horse:false
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Waterfront:false
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,961
Beds
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Bedrooms Total:8
Baths
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Total Baths:8
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
Schools
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Elementary School:Pikes Peak
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Middle School:Carmel
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High School:Harrison
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High School District:Harrison 2
The Community
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Association:false
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Subdivision Name:Shenandoah
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Senior Community:false
Parking
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Garage Spaces:12
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Garage:true
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Garage Type:Off Street
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Attached Garage:false
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Covered Spaces:12
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:2
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Bedrooms Unit 2:2
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Total Baths Unit 2:2
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Bedrooms Unit 3:2
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Total Baths Unit 3:2
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Bedrooms Unit 4:2
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Total Baths Unit 4:2
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/25
May 2, 2025
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Sold | IRES | $590,000 | 24.2% |
2/11/25
Feb 11, 2025
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Pending | IRES | $475,000 | |
1/30/25
Jan 30, 2025
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Listed / Active | IRES | $475,000 |