El Paso Homes with Triplex Subtype

El Paso Homes with Triplex Subtype

Welcome to El Paso County, Colorado, where breathtaking mountain views meet vibrant community living! Nestled at the foot of the majestic Rocky Mountains, El Paso County is known for its stunning landscapes, rich history, and an abundance of outdoor recreational opportunities. Whether you’re hiking the scenic trails of Pikes Peak or exploring the charming downtown of Colorado Springs, this area offers a perfect blend of nature and urban convenience.

For those seeking a unique investment opportunity, homes with a triplex subtype in El Paso County present an exceptional choice. Triplex homes are not only ideal for multi-generational living but also offer the potential for rental income. Imagine owning a property where you can live in one unit while renting out the other two, providing a steady cash flow and reducing your overall living expenses.

El Paso County’s real estate market is thriving, with triplex homes available in various neighborhoods, each boasting its own unique charm. From the historic districts of Colorado Springs to the serene suburbs of Fountain and Monument, you’ll find properties that cater to diverse lifestyles and preferences. Families will appreciate the top-rated schools, while outdoor enthusiasts will revel in the proximity to parks, hiking trails, and recreational facilities.

Investing in a triplex in El Paso County not only means securing a home but also becoming part of a warm and welcoming community. With its rich cultural heritage, vibrant arts scene, and a plethora of dining and shopping options, El Paso County truly has something for everyone. Explore your future in this enchanting corner of Colorado today!

Newest El Paso Homes with Triplex Subtype

$399,900
3735283 MLS
Built in 1914 and full of character, this 4-bed, 3-bath home offers 2,268 sq ft on a spacious 15,000 sq ft lot in one of the Springs' most walkable neighborhoods. Enjoy updated laminate flooring in the mudroom and kitchen, new carpet in the bedrooms, and a 2-car garage. A standout feature: the electrical and water heater are both set up for three units, offering built-in flexibility for investors or house-hackers alike. Steps from Old Colorado City's shops and restaurants, this is history and opportunity in one address.

3172 W Kiowa St, Colorado Springs
$2,500,000
20 Beds ⋅ 15 Baths ⋅ 6651502 MLS ⋅ Cheyenne Canon Apartments BLDG.
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. There are misc. appliances in each of the units. The type and number of appliances varies. A coin operated washer dryer in the large 10 unit building that the tenants share and each of the duplex tenants own their own washer and dryers, if they exist.

1609 W Cheyenne Road, Colorado Springs
$899,000
6 Beds ⋅ 3 Baths ⋅ 7165543 MLS
Remodeled and beautiful zoned triplex in Colorado Springs. All 3 units are rented. Upper unit: Updated kitchen and bathrooms, added washer and dryer hookups, added dishwasher hookups, added central ac, upgraded heating and divided units to their own unshared system, fresh paint, remodeled indoor stairs, remodeled outdoor fire escape stairs, sealed exterior doors and added keyless entry lock, added wood baseboards and luxury vinyl plank flooring, ceiling touch ups, new light fixtures, lighting in attic. Main level unit, Added A/C and separated shared HVAC system, added mini splits and wall units, painted kitchen cabinets, upgraded gas oven, weather sealed exterior doors, new lighting in kitchen, refinished front porch and added storage under porch. Lower level unit, Double insulated ceiling for sound dampening, removed exposed ducts and installed new drywall, updated kitchen, updated bathroom, added ac and separated heating elements from a shared unit. New water heater, mew radon system, new doors and handles, added lighting and upgraded light fixtures, added support pillar, added dishwasher, added closet doors. Exterior: Mulch, added cobble stone patio area, added plants and brick, buried drain line, fixed fencing, painted pillars, window trim and front porch, ambient lighting around fence, removed dead tree, new roof 2026.

930 N El Paso Street, Colorado Springs
$495,000
8994137 MLS
Three-unit investment property located near Memorial Park is ready for you! "Main House" has 2 bedrooms and 1 bath, "Long House" has 1 bedroom and 1 bathroom, "Cottage" has 1 bedroom and 1 bathroom. All units come with refrigerator, stove, washer, & dryer. Tenants are currently on month-to-month lease.

426 S Hancock Ave, Colorado Springs
$899,000
1531691 MLS
Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property! Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer. Major CapEx Upgrades: Brand-NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C. Upper Unit: Fully remodeled with an updated luxury kitchen with quartz countertops, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting. Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage. Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout. Exterior: New exterior blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, ambient security lighting, and proper water diversion with a buried drain line. This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—combining strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home. Schedule your showing today!

930 N El Paso St, Colorado Springs
$849,000
1784817 MLS
Two triplex buildings situated on large grassy lot just east of downtown Fountain with easy access to I-25, Highway 85/87, schools, shopping, and dining. Each unit has a private entrance, 2 bedrooms and 1 bathroom, efficiency kitchen with full-size stove and refrigerator. One unit has a stackable washer/dryer. Each unit has its own furnace and water heater. Off-street gravel parking in from of each building. One water meter serves the entire complex; on older leases, tenants pay for water/sewer; on newer leases, cost has been included in rental price. Each unit is separately metered for electricity and natural gas.

221 E Iowa Ave, Fountain
$630,000
3438373 MLS
packed with potential, this historic Old Colorado City triplex is a rare opportunity. Whether you’re an investor, house hacker, or someone dreaming of restoring a stunning Victorian, the possibilities here are endless. Live in the walk-out basement unit (currently leased month-to-month) while generating income from the two upper units, both currently vacant and ready for immediate occupancy or rental. Prefer maximum cash flow? Rent all three units. Looking for a long-term vision? Gradually transform this beautiful property back into a grand single-family home. Situated on nearly a quarter-acre lot, the property also offers peace of mind with substantial foundation work completed within the last five years to ensure structural integrity. Each unit includes at least 2 bedrooms, 1–2 bathrooms, and convenient in-unit laundry. Additional features include a storage shed and easy on-street parking. Opportunities like this—especially with a highly motivated seller—don’t come around often!

708 Cooper Ave, Colorado Springs
$750,000
6996929 MLS
A strong fit for a developer/builder focused on well-located, efficient infill projects! 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. 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 Pikes Peak Ave, Colorado Springs
$579,900
3152319 MLS
WEST SIDE OPPORTUNITY NEAR THE MANITOU INCLINE. FULLY LEASED COMPLEX, LOCATED BLOCKS FROM DOWNTOWN MANITOU SPRINGS, ONE UNIT IS A STUDIO, THE OTHERS 1 BEDROOM. UPGRADED A FEW YEARS BACK.

358 Ruxton Ave, Manitou 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
$999,999
3 Beds ⋅ 3 Baths ⋅ 6097394 MLS
Rare Opportunity: Three Active Vacation Rental Cabins in Manitou Springs with Fully Transferable License. Welcome to a one-of-a-kind investment opportunity in the heart of Manitou Springs—three beautifully updated cabins being sold together with a fully transferable vacation rental license already in place. Whether you're looking to expand your portfolio or own a turnkey mountain retreat with proven income, this property delivers. Surrounded by mature trees and bordered by a creek (with the property line crossing the water), these cabins offer privacy, charm, and walkable access to trails, town, and everything that makes Manitou Springs special. Barr Trail Cabin: Thoughtfully updated while preserving its mountain charm: New vinyl plank flooring, remodeled kitchen with quartz countertops, remodeled bathroom, 100-amp electrical service upgrade, & New washer. Seven Bridges Cabin: Fresh, modern, and guest-ready: New interior paint, refreshed furnishings throughout, Mini-split HVAC system, Trex decking & railing, electrical panel & service upgrade. Full kitchen with gas range, river views & creek access, ¾ bath, & Fujitsu heating & air units. Mt Cutler Cabin: Extensively updated, real oak hardwood floors & luxury vinyl plank, mini-split HVAC system, Trex back deck, PEX plumbing, updated electrical wiring & panel, Stainless steel appliances, Full kitchen with dishwasher, Butcher block countertops. Additional Features Across the Property: Off-street parking, mature trees & a peaceful setting, creek frontage and access, separate systems for flexibility and efficiency. With consistent upgrades including plumbing, electrical, HVAC, decks, and interior finishes, this property has been carefully maintained and strategically improved to maximize guest experience and long-term durability. Opportunities like this — three fully operational, updated vacation rentals with a transferable license in Manitou Springs — are exceptionally rare. Turnkey. Mountain charm at its best

1154 Manitou Avenue, Manitou Springs
Start Your Search


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Espi Agency, L.L.C. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions


The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.