El Paso Homes with Multi Family Subtype

Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

102 Holly St, Colorado Springs

$1,795,000

8640606 MLS

Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

102 Holly Street, Colorado Springs

$2,969,700

1603098 MLS ⋅ The Reserve at Park Vista Duplexes BLDG.

UNDER CONSTRUCTION. Excellent opportunity to invest in popular location with strong rental demand, including from nearby UCCS. These are 6 total units in 3 buildings - all side-by-side end unit NEW CONSTRUCTION. Each unit has 2,594 sqft with 4 bedrooms, 4 bathrooms, and a 2 car garage. The finished basements are pre-plumbed for a wet bar, and all yards are fenced and landscaped. These homes will be delivered truly move-in ready and appointed for immediate occupancy! Window blinds, A/C, garage door opener, washer, dryer, refrigerator, and all kitchen appliances are all included! The homes have open, spacious layouts with modern finishes. Kitchens features granite counters, island, pantry, and shaker style cabinets with extended height 42 inch upper cabinetry. Living rooms offer gas fireplace with tile surround and generous can light placement. Dining spaces walk out to the back yard with privacy fence. Luxury vinyl tile flooring in entry, kitchen, dining, living room, bathrooms, and laundry is easy to maintain. Primary bedrooms have attached full bathrooms with double vanities. Full finished basements have a bedroom, full bathroom, and rec room pre-plumbed for a wet bar. Front yards are xeriscaped, and back yards are landscaped including an auto-sprinkler system. These low maintenance stucco two-story duplexes are on a quiet cul-de-sac location convenient to Academy, Powers, Austin Bluffs, and UCCS!

4266 Siferd Boulevard, Colorado Springs

$658,000

3402345 MLS

Beautiful Updated Victorian style home, 3 bedrooms, 3 full baths, plus 1 bd, 1 bath cottage. On 26,000 sq.ft. lot. Well-maintained home, 2,348 sq.ft. Newer master bath and remodeled kitchen with large pantry and new cabinets. Spacious main bedroom, 29 x 10 with large closet. Separate laundry room with newer washer, dryer, storage shelves. Hardwood floors, many new windows and new light fixtures. Unique, original large pocket door between entry and living room. Home is located a distance back from street, behind white lattice-top fence. Relaxing front porch and patio. Over 1/2 acre lot which may have development or ADU potential, backs up to alley. Newer roofs with 5 year cert. Garage has workshop area. Large parking area behind house. Main house retains the charm of the past with convenience of present day. Cottage at far back of lot has separate access and parking off alley, with private yard area. A Unique property in a great area!

106 W Cheyenne Rd, Colorado Springs

$3,700,000

5012581 MLS

Cushman & Wakefield is pleased to present the East Colorado Springs Portfolio, a rare opportunity to acquire five multifamily assets totaling 20 units in one of Colorado Springs’ most active and rapidly growing rental corridors. The portfolio consists of: • 915 Hathaway Drive – 4 units • 925 Hathaway Drive – 4 units • 1006 Western Drive – 4 units • 1010 Western Drive – 4 units • 5540 Bonita Village Road – 4 units Total Unit Count: 20 Units Strategically located in East Colorado Springs near the Colorado Springs Airport and the highly desirable Powers Corridor, these properties benefit from strong rental demand driven by convenient access to major employment centers, military installations, retail amenities, dining, and transportation routes. The surrounding area continues to experience significant residential and commercial growth, making it one of the city’s most attractive investment submarkets. The portfolio offers investors the advantage of acquiring multiple assets within close proximity, creating operational efficiencies and streamlined management. Tenants enjoy easy access to Peterson Space Force Base, Schriever Space Force Base, major healthcare providers, and the extensive shopping and entertainment destinations located along Powers Boulevard. With a diversified collection of 4-unit properties situated in established residential neighborhoods, the East Colorado Springs Portfolio presents an excellent opportunity for investors seeking stable cash flow, long-term appreciation potential, and a scalable multifamily investment in a high-demand Colorado Springs market. The combination of location, accessibility, and continued area growth positions this portfolio as a compelling acquisition opportunity for both local and out-of-state investors.

915 Hathaway Drive, Colorado Springs

$649,999

6040777 MLS

A rare opportunity to own a versatile, income-producing property in the heart of Colorado Springs with no HOA and no covenants. Perfectly positioned near Knob Hill just minutes from Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs, this property puts the very best of the city right at your doorstep. This thoughtfully maintained 1952 raised-ranch sits behind a 5-foot stucco privacy fence on a fully xeriscaped corner lot, blending low-maintenance living with serious curb appeal. The fascia, fencing, gutters, and gables are PVC or covered with white mastic material, meaning zero rot, peeling, mold, or repainting ever. The Trex sundeck and stucco exterior round out an exterior built to last with minimal upkeep. Each unit is fully self-contained and move-in ready. The upper level features three bedrooms, a flex space that works as a reading nook or small office, a full living room, dining room, kitchen, and full bath, all with original hardwood floors throughout. The garden-level lower unit mirrors the layout with three bedrooms, its own flex space, full living room, dining room, a kitchen with gas stove, and full bath. Both units include a full appliance package with washer and dryer. Storage and parking are exceptional. The oversized two-car garage includes a loft, a shed is included, and the property accommodates at least four additional vehicles plus RV parking. No covenants. No HOA. Pure opportunity.

1802 E Uintah St, Colorado Springs

$950,000

7100960 MLS

Step into a rare piece of Colorado Springs history with this beautifully restored Victorian masterpiece situated on a desirable corner lot just minutes from downtown. Blending timeless character with modern updates, this unique property offers three separate living units, creating incredible flexibility for multi-generational living, guest accommodations, or potential income-producing opportunities. Each unit has private access, their own kitchens and laundry facilities. How each unit has been seperated, the divider walls can easily be removed so home can be converted back to a single family home. Inside, you'll find stunning original 1900s craftsmanship showcased through exquisite woodwork, rich architectural details, and a breathtaking vintage Tiffany fireplace that serves as a true centerpiece of the home. Thoughtfully updated throughout, the property seamlessly combines historic charm with contemporary comfort, allowing you to enjoy the best of both worlds. From its inviting curb appeal to its versatile layout, this one-of-a-kind property offers endless possibilities. Whether you're seeking a distinctive primary residence, space for extended family, or an investment opportunity, this Victorian gem delivers unmatched character, functionality, and history in one remarkable package.

1003 E Boulder St, Colorado Springs

$385,000

7271057 MLS

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

506 Swope Ave, Colorado Springs

$449,900

3559371 MLS

Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.

111 W Fountain Blvd, Colorado Springs

$930,000

1662804 MLS

1224 North Weber Street is a seven-unit multifamily investment opportunity located in the highly desirable downtown corridor of Colorado Springs. The property consists of a two-story, low-rise apartment building situated blocks from Colorado College, with premier walkability, and both surface and rare garage parking for tenants. Originally constructed in 1895 as a historic residential home, the asset offers classic architectural character and vintage charm that is difficult to replicate in today’s market. This Downtown Victorian asset presents investors with the opportunity to capitalize on continued rental demand within one of Colorado Springs’ most established neighborhoods. Positioned just north of Downtown Colorado Springs, the property benefits from close proximity to major employment, retail, dining, and entertainment destinations throughout the urban core. Residents enjoy convenient access to downtown restaurants, coffee shops, nightlife, and cultural attractions, along with nearby recreational amenities including Monument Valley Park, Shooks Run Trail, and Patty Jewett Golf Course. The location also provides quick connectivity to Interstate 25, Colorado College, the Olympic & Paralympic Training Center, and several military installations that support the region’s strong renter base. Investment Highlights: -Premier location blocks from Colorado College with walkability to Downtown Colorado Springs -Operational value add with current rents providing $150-$250 premiums as the flexible leases turn -Well maintained legacy asset with long-term attentive owners -Rare opportunity to acquire a Downtown asset with off street parking and 4 garages

1224 N Weber Street, Colorado Springs

$151,000

3081737 MLS

Perched on the top floor, this charming condominium offers sweeping views of Pikes Peak—making it a true standout in the building. This home features two bedrooms and one full bathroom with two sinks. Step onto the open deck and soak in the mountain views all year long. Inside, the kitchen includes all the appliances: refrigerator, stove, dishwasher and disposal. You'll find updated, easy-care wood laminate flooring that adds warmth and durability to the living and dining spaces. A wall-mounted air conditioning unit ensures cool comfort with modern efficiency. For storage needs, there are both an interior and exterior closet—plus, the larger one inside offers potential to be converted into a private laundry area. The community also provides a shared laundry room. Additional perks include an assigned parking space, access to the community pool and green space, and the peace of mind that comes with an HOA fee covering all utilities except stormwater. This is your opportunity to own an affordable mountain-view retreat in a well-kept and welcoming community. The location close to the intersection of Union and Academy offer a short commute to all parts Colorado Springs and surrounding areas. Enjoy the convenience of walking to nearby shopping and dining!

5034 El Camino Drive Unit 36, 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

El Paso Homes with Multi Family Subtype

Newest El Paso Homes with Multi Family Subtype