El Paso Homes with Fourplex Subtype

Welcome to El Paso County, Colorado – a hidden gem nestled at the foot of the majestic Rocky Mountains! Known for its stunning landscapes, vibrant communities, and rich history, El Paso County offers a unique blend of urban conveniences and outdoor adventures. With Colorado Springs as its crown jewel, residents enjoy a perfect balance of nature and city life, making it an ideal place for families, young professionals, and retirees alike.

One of the most intriguing real estate opportunities in this thriving county is the fourplex home. These versatile properties are perfect for investors looking to maximize their rental income or for families seeking to live in one unit while renting out the others. A fourplex offers the unique advantage of multiple income streams, making it a smart choice in a market that continues to grow. Imagine owning a property where you can enjoy the comfort of your own home while benefiting from the financial support of your tenants!

El Paso County boasts a range of fourplex options, from modern builds with contemporary finishes to charming older homes with character. With its proximity to amenities like shopping, dining, and recreational activities, a fourplex in this area not only provides a comfortable living space but also an opportunity to immerse yourself in the vibrant community.

Whether you’re an astute investor or a first-time homebuyer, El Paso County’s fourplex homes present a fantastic opportunity to thrive in one of Colorado's most desirable locations. Come explore the possibilities and discover your perfect investment in this beautiful region!

Newest El Paso Homes with Fourplex Subtype

$675,000

1923967 MLS

The building exterior was painted during July, 2026.

321 Iowa Ave, Fountain

$599,000

5581460 MLS

INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month, so a new owner can keep the existing tenants, reset rents, or re-tenant on their own terms. A bidirectional exterior sewer cleanout in the backyard makes maintenance access straightforward. Location is a working renter’s commute: minutes from Peterson Space Force Base, with convenient access to the Powers Boulevard corridor, Highway 24, Academy Boulevard, shopping, dining, and everyday services. Whether you want a turnkey fourplex for the rent roll, a long-hold east-side asset, or a property you can operate with low utility complexity, this is a clean, understandable four-unit investment. Schedule your showing today.

1117 Cree Dr, Colorado Springs

$700,000

1462122 MLS

Incredible investment opportunity on the highly desirable West Side of Colorado Springs! This well-maintained multifamily property features four spacious 750 sq. ft. units, each with 2 bedrooms and 1 bathroom. A rare find, every apartment comes with its own street address, giving tenants added privacy and the feel of single-family living. Each unit is accessed through a secure shared foyer, with the convenience of an on-site laundry room. Tenants enjoy separate storage spaces for added functionality, along with ample parking in a large private lot plus additional street parking. The exterior has been thoughtfully updated with a new roof and paint, while the xeriscaped landscaping offers great curb appeal and low-maintenance care. Located just minutes from Old Colorado City’s shops, restaurants, and farmers market, this income property is perfectly positioned for strong rental demand. Outdoor enthusiasts will love the easy access to Garden of the Gods, Red Rock Canyon Open Space, and nearby trails, while commuters benefit from quick connections to I-25, Downtown Colorado Springs, and major employers. With its prime location, recent upgrades, and desirable features, this Colorado Springs 4-plex is an ideal addition to any real estate investment portfolio.

2545-2551 Willamette Ave, Colorado Springs

$650,000

6915464 MLS

INVESTMENT OPPORTUNITY | FOURPLEX | DISTRICT 49 | OWNER-OCCUPANT POTENTIAL Welcome to 6715 Pahokee Court, a well-maintained fourplex in Colorado Springs offering an excellent opportunity for both seasoned investors and owner-occupants looking to build equity while generating rental income. This property features four spacious 2-bedroom, 1-bathroom units, providing a desirable and versatile floor plan for today’s rental market. The building situated on .28 acres includes two upper-level units and two garden-level units, along with convenient additional storage lockers in a separate building. The units have been well maintained, creating a solid foundation for an investor to continue operating the property while taking advantage of potential rent-roll improvement over time. A unique feature for an owner-occupant buyer: Unit #2 is being intentionally left vacant, providing the next owner with the opportunity to move into one of the units while retaining income from the remaining three apartments. This makes the property particularly attractive for a buyer looking for a house-hacking strategy or someone who wants to live on-site while building a multifamily investment portfolio. The property is located in Cimarron Hills within, with convenient access to, Schriever Space Force Base, Powers Boulevard corridor, Palmer Park Boulevard and major east-side transportation routes. The surrounding area provides residents with easy access to shopping, restaurants, services, employment centers and everyday amenities.

6715 Pahokee Ct Unit 1-4, Colorado Springs

$849,000

1115848 MLS

Solidly performing in the highly desirable Pleasant Valley area, just minutes from Garden of the Gods, Old Colorado City, downtown, and major commuter routes. This turn-key asset includes three long-term tenants providing stable income and one unit currently operating as a Airbnb, offering excellent flexibility for both short-term and long-term rental strategies. The property features a balanced and attractive unit mix with two 2-bedroom/1-bath units and two 3-bedroom/2-bath units, increasing rental demand and supporting strong year-round occupancy. Recent improvements include a new roof, exterior paint, gutters, and updated flooring, ensuring low maintenance and reliable future performance. Each unit offers a balcony or patio, tile baths, and fireplaces. With a very low to no vacancy rate, investors have the option to maintain the current rent rolls or adjust rents as leases expire. Surface parking includes seven paved spaces plus additional parking on the south dirt area. A rare opportunity to acquire a reliable, updated, income-producing property in one of Colorado Springs’ most sought-after west-side locations.

2809 King St, Colorado Springs

$635,000

1014643 MLS

This fourplex is an amazing investment opportunity. Each unit was completely renovated in 2016 to include vinyl windows, luxury vinyl flooring (LVP) and replacement rear doors in every unit. Since this remodel, the units and grounds have been well maintained. The building received a new roof and gutters in 2021 as well as the parking lot restriped. The common areas received fresh paint and new carpets, and all decks were rebuilt and painted in 2020. All four units are currently leased, and each unit is provided two assigned parking spaces and a secure storage area. The included community area washer and dryer are currently complementary, but could be changed out for coin operated if the new owners elected to

330 Gahart Dr, Colorado Springs

$774,900

2650251 MLS

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

5535 Tomah Dr, Colorado Springs

$700,000

8748635 MLS

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

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

$540,000

1503522 MLS

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

326 E St Vrain St, Colorado Springs

$950,000

6853813 MLS

Exceptional investment opportunity in Calhan! Custom built in 2003, this well-designed fourplex is currently operating as four furnished vacation rentals, offering an exciting opportunity for an investor looking for an established income-producing property. Each spacious unit offers over 1,200 square feet with THREE bedrooms, providing a layout that works well for short-term, mid-term, or traditional rental use. Quality construction and thoughtful design are evident throughout, with sturdy 2x6 construction, vinyl windows, laminate flooring, low-maintenance exteriors, durable Trex decks, and convenient in-unit laundry rooms. Each unit also features generous cabinet space, a large storage room, and two designated parking spaces. Designed with long-term ownership and ease of maintenance in mind, this property combines durable finishes, functional floor plans, and impressive space in each residence. Its current use as four furnished vacation rentals adds another layer of versatility for the next owner—continue the existing operation or explore other rental strategies to fit your investment goals. With four separate three-bedroom units, ample parking and storage, low-maintenance construction, and a great Calhan location, this is a unique opportunity to add a substantial multifamily property to your portfolio.

1127 8th St, Calhan

$1,600,000

3530894 MLS

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

823 E Cucharras St, Colorado Springs

$619,900

2874225 MLS

Don't miss this exceptional opportunity to own a fully occupied fourplex in the growing Fountain market. Each of the four mirrored units offers 3 bedrooms, 1 bathroom, a functional open-concept layout, private fenced yard, individual forced-air furnace, and includes a washer, dryer, and refrigerator. These desirable features continue to attract long-term residents while minimizing shared maintenance responsibilities. Conveniently located near Fort Carson, schools, shopping, parks, and major commuter routes, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or live in one unit while the remaining units help offset your mortgage, this fourplex offers flexibility, strong tenant appeal, and long-term income potential. Please note: Units do not include central air conditioning. All units mirror each other, photos are of 402 & 404 Sunny Lane.

401 Windsor Ln, Fountain

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