El Paso County Homes with Quadruplex Subtype

Welcome to El Paso County, Colorado—a vibrant region that perfectly blends natural beauty with modern living. Nestled at the foot of the majestic Rocky Mountains, El Paso County is renowned for its stunning landscapes, outdoor adventures, and a thriving community. With the bustling city of Colorado Springs at its heart, this county offers a wealth of amenities, including parks, shopping centers, and cultural attractions, ensuring a high quality of life for residents.

If you’re considering investing in real estate, look no further than the unique opportunity presented by quadruplex homes in El Paso County. These versatile properties are perfect for both investors and families, providing a fantastic way to maximize your real estate portfolio. A quadruplex features four separate units within one structure, offering the potential for multiple income streams or ample living space for extended families. Imagine the possibilities—live in one unit while renting out the others, or create a supportive community for family members under one roof.

El Paso County’s real estate market is thriving, with quadruplexes becoming increasingly sought after for their affordability and potential for long-term appreciation. With a variety of neighborhoods to choose from, you can find a quadruplex that fits your lifestyle, whether you prefer the urban buzz of downtown Colorado Springs or the tranquility of suburban living.

Investing in a quadruplex in El Paso County not only opens doors for financial growth but also allows you to immerse yourself in a community that values outdoor activities, cultural diversity, and a welcoming atmosphere. Discover the charm of El Paso County and the endless possibilities that quadruplex living has to offer!

Newest El Paso County Homes with Quadruplex Subtype

$622,000

9048564 MLS

3014 Mallard Drive is a four-unit multifamily property in Colorado Springs offered at $622,000, or $155,500 per unit. The property offers immediate upside through below-market rents and a vacant, turn-ready two-bedroom unit, allowing a new owner to capture market rents as leases roll. Recent improvements, including a replaced central boiler and new flooring in three units, reduce near-term capital needs, while professional management and utility reimbursements are already in place. Priced below comparable four-plex sales and eligible for conventional 30-year residential financing, the property provides a compelling opportunity to increase income with limited additional renovation.

3014 Mallard Dr, Colorado Springs

$675,000

10 Beds ⋅ 4 Baths ⋅ 7783323 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

$675,000

8 Beds ⋅ 4 Baths ⋅ 6746365 MLS

Welcome to a turnkey income property at 1025 Magnolia Street, 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

$635,000

8 Beds ⋅ 4 Baths ⋅ 6212298 MLS

Located in the highly desirable Cimarron Hills area, 1447 Nokomis Drive presents an exceptional multifamily investment opportunity in the heart of Colorado Springs. This well-maintained fourplex offers a total of 3,106 square feet. It features four spacious units, each designed with two bedrooms and one full bathroom, totaling 8 bedrooms and 4 bathrooms throughout the property. Built in 1972, the asset has been thoughtfully cared for and provides a strong combination of functionality, comfort, and long-term investment potential. Conveniently situated just off the Powers corridor, the property offers quick access to major employers, shopping centers, restaurants, schools, and everyday amenities. Each unit benefits from ample natural light and practical floor plans, while the upper-level units enjoy beautiful mountain views and inviting sitting areas near the front entrance. Parking is abundant, with eight total parking spaces located at the rear of the property, in addition to convenient street parking in front. With its desirable location, stable rental configuration, and consistent upkeep, 1447 Nokomis Drive represents an attractive opportunity for investors seeking dependable income potential in a strong Colorado Springs rental market.

1447 Nokomis Dr, Colorado Springs

$900,000

7 Beds ⋅ 6 Baths ⋅ 7711572 MLS

OLD NORTH END VICTORIAN HOME• 4 RESIDENTIAL UNITS • 3 OCCUPIED RENTAL APARTMENTS • MOVE-IN-READY MAIN HOME • HOUSE-HACKING OPPORTUNITY Own a restored Victorian home in Colorado Springs' historic Old North End! Located at 1823 N Nevada Avenue, this four-unit property combines historic architecture, modern upgrades, and existing rental income. The vacant, move-in-ready main residence offers 3,004 square feet, 4 bedrooms, 2.5 bathrooms, and two spacious levels. A formal entrance and wooden staircase showcase the home's Victorian character, complemented by gleaming hardwood floors, high ceilings, wood-beamed ceilings, chandeliers, custom tilework, and upgraded lighting. Two parlors provide flexible living and entertaining spaces, while the large open kitchen offers room for gathering. A spacious fenced backyard adds outdoor living possibilities. The home's combination of formal gathering rooms, an open kitchen, and a fenced yard creates options for entertaining, a home office, and outdoor dining. Three additional one-bedroom apartments, each approximately 725 square feet, are currently tenant-occupied. With approximately 5,179 total square feet across four residential units, this property offers an opportunity for owner-occupied multifamily living, rental investment, or house hacking. Live in the main home while collecting rental income from the three apartments to help offset ownership expenses! Located near Colorado College, Monument Valley Park, downtown Colorado Springs, restaurants, shopping, I-25, and Highway 24. Historic Victorian details, updated finishes, existing tenants, and a vacant main residence make this a distinctive multifamily opportunity in the Old North End. Buyer to verify square footage, lease terms, rental income, and permitted uses. Nearby amenities - Colorado College — nearby campus - Monument Valley Park — trails and recreation - Downtown Colorado Springs — dining and shopping - I-25 and Highway 24 — regional access

1823 N Nevada Ave, Colorado Springs

$595,000

8668563 MLS

MMG Real Estate Advisors is pleased to present 5525 Bowden Loop, a 4-unit multifamily property located in the Rustic Hills neighborhood on the east side of Colorado Springs, Colorado — the state's second-largest city, roughly 70 miles south of Denver. Situated just off Palmer Park Boulevard and Space Center Drive along the Powers Boulevard / Academy Boulevard retail corridor, the property offers a small-scale, turnkey value-add opportunity in a supply-constrained workforce-housing submarket. With one unit already turned and achieving proven rent premiums, incoming ownership can capture significant loss-to lease recapture by systematically upgrading the property's remaining classic units.

5525 Bowden Loop, Colorado Springs

$619,346

8 Beds ⋅ 4 Baths ⋅ 6526966 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

8 Beds ⋅ 4 Baths ⋅ 7311767 MLS

MODUS Real Estate is pleased to present 6664–6670 Provincial Dr, a 4-unit multifamily asset in Fountain, Colorado — the closest incorporated community to Fort Carson and a core rental market within the Colorado Springs MSA. The property is an all-two-bedroom quadplex totaling approximately 3,442 net rentable square feet, built in 1987. The asset is currently 95% occupied with in-place rents of $1,100/month, roughly 15% below the $1,295/month market rent supported by recent quadplex leasing in the immediate submarket. Executing a mark-to-market turn strategy alongside a RUBS utility bill-back drives NOI from $30,415 (T-12) to $42,568 (Year 1 pro forma) — approximately 40% NOI growth — expanding the going-in cap rate from 4.68% to a stabilized 6.55%. Demand is anchored by Fort Carson (~8 miles north; 26,000+ active-duty soldiers, ~40,000 family members, 57% living off-post) and reinforced by Peterson and Schriever Space Force Bases. As the newest asset among recent Provincial Dr and Alegre Cir quadplex sales, the pricing is directly validated by the same-street 6600–6606 Provincial Dr sale at $161,000/unit.

6664 Provincial Dr, Fountain

$825,000

8 Beds ⋅ 6 Baths ⋅ 6564301 MLS

2350 Split Rock Drive presents an attractive opportunity to acquire a townhome style four-unit multifamily property totaling 3,904 square feet in one of the most desirable & established rental markets within the Colorado Springs submarket. Built in 1984, the property offers investors an efficient, manageable asset with four residential units each offering 2BD and 1.5BA nearing 1000SF each with six surface parking spaces. Each unit features front & rear entrance, in unit washer & dryer hookups and spacious bedrooms with large closets. Located in the 80919 area, the property benefits from a desirable residential setting with convenient access to major roadways, employment centers, retail, dining, recreation, and other everyday amenities. The surrounding area includes established residential neighborhoods and is positioned near the outdoor attractions that contribute to the appeal of northwest Colorado Springs. Colorado Springs continues to benefit from a diversified economy supported by defense, aerospace, healthcare, technology, education, and other major employment sectors. The property’s combination of a limited four-unit scale, dedicated parking, established construction, and location within a strong Colorado Springs rental market makes 2350 Split Rock Drive an appealing opportunity for investors seeking stable multifamily exposure with potential for long-term income growth and appreciation.

2350 Split Rock Dr, Colorado Springs

3006 & 3014 N Institute St, Colorado Springs

$649,000

8 Beds ⋅ 4 Baths ⋅ 2124802 MLS

3006 & 3014 North Institute Street presents an attractive multifamily investment opportunity consisting of two duplexes totaling four units and 2,304 square feet of building area in Colorado Springs. Built in 1954, this single-story property offers investors a straightforward four-unit configuration with an established residential setting and efficient building footprint. The two-duplex layout provides diversified rental income across four individual units each offering 2-Bedroom & 1-Bathroom units with 2 of 3 current rents at $1,295 per month per unit, while maintaining a manageable scale for both hands-on and professional ownership. The property benefits from its location in Colorado Springs, one of Colorado’s largest and most dynamic metropolitan areas. Residents enjoy convenient access to major employment centers, retail, dining, recreation, educational institutions, and regional transportation corridors. The surrounding area provides an established residential environment with access to the broader amenities and economic drivers such as Roadhouse Cinemas, Vasa Fitness etc that continue to support demand for rental housing throughout the Colorado Springs market. For investors, 3006 & 3014 North Institute Street offers an opportunity to acquire a compact multifamily asset with four individual income-producing units and potential for future value enhancement. The property is also an excellent fit for an owner-occupant, with one unit currently vacant and ready for immediate move-in. Live in one unit while generating rental income from the remaining units, providing an attractive opportunity to offset housing costs while building long-term equity. The combination of existing cash-flow potential, owner-occupant flexibility, and opportunities to enhance long-term income and value makes this asset well suited for both investors and buyers looking to house hack in Colorado Springs.

3006 & 3014 N Institute St, Colorado Springs

$600,000

10 Beds ⋅ 4 Baths ⋅ 5981324 MLS

HUGE Price Reduction on this great investment - now offering a 7.44% Cao Rate! 2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility. With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential. NEW Offer price of $600,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake! Contat agent for showings.

2107 Preuss Rd, Colorado Springs

$670,000

8 Beds ⋅ 4 Baths ⋅ 3703452 MLS

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

33 University Dr, Colorado Springs

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El Paso County Homes with Quadruplex Subtype

Newest El Paso County Homes with Quadruplex Subtype

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