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$439,000
4 Beds ⋅ 4 Baths ⋅ 2632337 MLS
2030 W. Yampa Street presents an opportunity to acquire a fully occupied, cash flowing duplex in one of the Colorado Springs most established residential neighborhoods. Built in 1986, the property consists of two units totaling 1,600 square feet. Each unit offers 2 bedroom, 2 bathrooms, 800SF with in unit washer & dryer hookups, dishwashers, large walk-in closets and a spacious living area with a fireplace. Leases in place currently run through May of 2027. Its location near Old Colorado City provides residents with convenient access to popular restaurants, shopping , parks, hiking trails, and major employers, while also offering quick connectivity to Highway 24, Downtown Colorado Springs, and recreational destinations including Garden of the Gods and Red Rock Canyon Open Space. With its desirable duplex layout, established neighborhood setting, and proximity to abundant lifestyle amenities, 2030 W. Yampa Street offers stable income potential and long-term appreciation within one of the region’s most consistently performing rental markets.

2030 W Yampa Street, Colorado Springs
$440,000
5 Beds ⋅ 2 Baths ⋅ 6076879 MLS
County: El Paso Year Built: 1898 Buildings | Stories: 1 | 1 Total Units: 2 Construction: Wood Siding Roof Type: Pitched Gross Building SF: 1,925 Lot SF: 3,480 Parking: Off-Street/Street Heating: Electric Baseboard Zoning: R-2 Gas/Electric: Individual Water/Sewer: Master The Pikes Peak Duplex offering presents a prime multifamily investment opportunity in the heart of historic Old Colorado City, Colorado Springs. This charming side-by-side duplex delivers two renovated units with strong rental appeal, combining substantial recent capital improvements and remaining cosmetic value-add upside in one of the city’s most vibrant, walkable, and desirable neighborhoods. Just minutes from Garden of the Gods, Cheyenne Mountain Zoo, The Broadmoor, and Downtown CO Springs, residents enjoy immediate access to premier lifestyle amenities, outdoor recreation, and major employment centers. Recent upgrades include LVP flooring throughout, PEX plumbing conversion, and complete electrical panel modernization to current code standards. Units feature kitchen updates with backsplash, appliances, cabinets, and sink, plus bathroom renovations with tile and vanity. This stabilized duplex offers investors a combination of location-driven demand, significant capital improvements, and targeted value-add upside through cosmetic enhancements. With strong in-place performance and long-term appreciation potential in a premium neighborhood, it represents a compelling entry point into the Colorado Springs multifamily market. HIGHLIGHTS - LVP flooring replacement throughout - $30K worth of interior improvements - Plumbing line replacement to PEX piping - Electric breaker panel and electric main line upgrade to modern code standards - Excellent location in the heart of Old Colorado City and 10 minutes west of Downtown CO Springs - Excellent walkability to unique/vibrant retail shops, restaurants, and entertainment

2201 W Pikes Peak Avenue, Colorado Springs


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