El Paso County 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 County Homes with Fourplex Subtype

$675,000

9480670 MLS

Four units. One well-positioned Colorado Springs investment. This 3,891-square-foot multifamily property offers an established income-producing opportunity with updated interiors, spacious residences, ample on-site parking and fenced outdoor areas. Coin op laundry adds additional income opportunity. Convenient access to I-25, Highway 115, Fort Carson, Downtown Colorado Springs, shopping, dining and major employment corridors supports continued rental appeal. With three occupied units, one vacant unit ready for its next tenant and easy connections to both central Colorado Springs and the city’s south side, this property is a compelling addition to a long-term investment portfolio.

4250 Loomis Ave, Colorado Springs

$875,000

3255245 MLS

Explore this four-unit investment property in Colorado Springs! With potential for future rental income growth, this property offers a great opportunity to own an investment property in an established Colorado Springs neighborhood. Each apartment features two bedrooms, one bathroom, and a fireplace in the living area. Flooring and carpeting have been updated, and appliances have been replaced as needed. The building’s Southwest-inspired exterior features Colorado rose rock and is complemented by mature trees. The property offers private parking, outdoor space, a recently redone deck, shared laundry, and hallway storage closets. The shared laundry currently generates approximately $85 per month. Sheds and storage rooms may offer additional income potential. Located near shopping and restaurants, all four units are currently occupied.

6485 Yvonne Way, Colorado Springs

$675,000

2763154 MLS

Welcome to a turnkey income property at a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person. The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents. Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.

1025 Magnolia St, Colorado Springs

$900,000

7001620 MLS

1823 N Nevada Ave, Colorado Springs

$619,346

2625743 MLS

Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades—making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today!

330 Vehr Dr, Colorado Springs

$650,000

1923967 MLS

The building exterior was painted during July, 2026.

321 Iowa Ave, Fountain

2545-2551 Willamette Ave, 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

6715 Pahokee Ct Unit 1-4, 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

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

$700,000

8748635 MLS

Well-Maintained Colorado Springs 4-Plex – Strong Rents with 7%+ Cap Rate, 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; next lease expires in February 2027 with one tenant potentially departing sooner. This is an appealing opportunity for experienced multifamily investors and potentially owner-occupied investors/owners.

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

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El Paso County Homes with Fourplex Subtype

Newest El Paso County Homes with Fourplex Subtype

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