80916 Homes with Fourplex Subtype

Welcome to the vibrant and diverse community of Colorado Springs, specifically the charming 80916 zip code nestled in El Paso County. This area is known for its stunning natural beauty, with the majestic Rocky Mountains serving as a picturesque backdrop. Residents enjoy a perfect blend of urban conveniences and outdoor adventures, making it an ideal place to call home.

The 80916 zip code boasts a range of housing options, but one of the standout choices for savvy investors and families alike is the fourplex subtype. These multi-family homes offer not only a unique living experience but also an opportunity for income generation. With four distinct units, a fourplex allows homeowners to reside in one unit while renting out the others, providing a steady stream of rental income. This makes it an attractive option for both first-time buyers and seasoned investors looking to expand their portfolio.

In addition to the financial benefits, living in a fourplex fosters a sense of community. Neighbors become friends, and the shared spaces create opportunities for connection and collaboration. Plus, with the proximity to local amenities, parks, and schools, everything you need is just a stone's throw away.

Whether you're drawn to the breathtaking landscapes, the community spirit, or the investment potential, the 80916 zip code in Colorado Springs offers a unique lifestyle that blends comfort and opportunity. Discover your dream fourplex today and experience the best that this remarkable area has to offer!

Newest 80916 Homes with Fourplex Subtype

$530,000

2623084 MLS

Solid income-producing fourplex in Colorado Springs offering an excellent investment opportunity with immediate upside. Three of the four units are currently occupied, while the freshly updated vacant unit is ready for immediate lease or is ideal for an owner-occupant looking to house hack while generating rental income. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit in an up/down configuration, creating a desirable mix of unit sizes that appeals to a broad tenant base. Several units have been updated, and the property offers functional, low-maintenance interiors with carpet, luxury vinyl plank flooring, vinyl flooring in kitchens and baths, electric range/ovens, full-size refrigerators, tub/shower combinations, and ample cabinet storage. Each unit includes its own dedicated storage closet, and tenants enjoy access to a shared coin-operated laundry room for additional owner income potential. Major capital improvements include a new roof installed in 2022 featuring Class 4 impact-resistant shingles, along with an upgraded deck. Tenants currently pay all utilities except lawn care, helping minimize owner expenses. The property also offers ample open parking in the front with additional space available to add parking in the rear if desired. A fully fenced front yard with attractive rock landscaping provides low-maintenance curb appeal, while the wood-frame construction presents cleanly and professionally at an attractive price point. Whether you're expanding your investment portfolio or searching for a property that allows you to live in one unit while collecting rental income from the others, this fourplex offers a compelling combination of cash flow potential, recent improvements, and future upside. Buyer to verify all information, including square footage.

325 Bonnie Ct, Colorado Springs

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