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$1,295,000
7 Beds ⋅ 5 Baths ⋅ 5865099 MLS
Rare opportunity to own a completely remodeled, turnkey four-plex in the heart of Manitou Springs with income from day one! This one-of-a-kind, boutique property offers four fully remodeled residences plus a detached art studio! Each residence features a high-quality interior remodel with updated kitchens and bathrooms, new appliances, flooring, paint, lighting, and stylish finishes throughout. Major capital improvements are already complete, including a newer roof, beautiful custom gutters, concrete work, exterior paint, new doors and windows, and two new 50-gallon water heaters. Ideal for a buy-and-hold investor, 1031 exchange, or an owner-occupant who wants to live in one while collecting rent from the other three. Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! The almost half-acre tree-filled lot provides abundant off-street parking for residents and guests. Located within walking distance of restaurants, the Cantina, art galleries, shopping, community events, and hiking trails. Views of the Manitou Incline, Garden of the Gods, and Pikes Peak. Great opportunity to own a one-of-a-kind, income-producing property in Manitou Springs! Also, a possible short-term rental opportunity.

111 Crystal Park Road, Manitou Springs
$875,000
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 Drive, Colorado Springs
$760,000
8 Beds ⋅ 4 Baths ⋅ 5591151 MLS
Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expense fee to tenants for Water, Trash. Ideal for investors looking to expand their portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Rent roll available with accepted contract. The property offers a functional layout across multiple units and is located within Harrison School District 2, with convenient access to local amenities, military installations, major roadways, and employment centers. This property presents a great value-add opportunity with upside potential through rental optimization or owner occupied option.

3445 Cochran Drive, 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 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 Street, Colorado Springs
$635,000
6938915 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 do so. This complex is conveniently located near shopping, restaurants and an easy commute to the downtown area, and are just minutes from the airport and Peterson Space Force Base.

330 Gahart Drive, Colorado Springs
$725,000
3901521 MLS
The Best-Looking 4-Plex in Cragmor — Investment or House Hack The best-looking 4-plex in the neighborhood, with 2 of 4 units recently renovated and excellent tenants in place. This property has been carefully maintained, painted, and improved by an owner who takes pride in his properties. The seller has also successfully bought, improved, and sold another multifamily property directly across the street. Two units feature new waterproof laminate flooring and updated black-tile shower surrounds, while the other two are in solid condition. Rents have been improved, with additional upside remaining. One unit is month-to-month. On-site laundry provides additional income without collecting quarters. Due-diligence docs including rent roll, insurance info, utility history, and plumbing receipts. For Sale By Owner / Flat Fee Listing: Seller is open to creative financing, seller concessions, or mortgage rate buydown options and will assist with the transition for the first 90 days. Seller is also open to being retained as an employee or management resource to assist with showings and maintenance help. Tenants reside at this property, please call text or email seller Zach Warner @ 719-347-8844 or warner.zach.p@gmail.com

1065 Magnolia Street, Colorado Springs
$619,900
11 Beds ⋅ 4 Baths ⋅ 2198174 MLS
Don't miss this exceptional opportunity to own a fully occupied fourplex in the growing Fountain market. Each of the four mirrored units offers 3 bedrooms, 1 bathroom, a functional open-concept layout, private fenced yard, individual forced-air furnace, and includes a washer, dryer, and refrigerator. These desirable features continue to attract long-term residents while minimizing shared maintenance responsibilities. Conveniently located near Fort Carson, schools, shopping, parks, and major commuter routes, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or live in one unit while the remaining units help offset your mortgage, this fourplex offers flexibility, strong tenant appeal, and long-term income potential. Please note: Units do not include central air conditioning. All units mirror each other, photos are of 402 & 404 Sunny Lane.

401 Windsor Lane, Fountain
$774,900
8 Beds ⋅ 4 Baths ⋅ 7352165 MLS
EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

5535 Tomah Drive, Colorado Springs
$675,000
10 Beds ⋅ 4 Baths ⋅ 5981324 MLS
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 and a 6.7% cap rate - 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. Offer price: $675,000—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 Road, Colorado Springs
$599,000
6880991 MLS
2627 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2627 and 2625 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2627 E Uintah, Colorado Springs
$599,000
5496417 MLS
2625 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2625 Uintah as follows: A $1200 (11/30/2026), B $1250 (6/30/2027), C $1250 (7/31/2026), D $1200 (5/31/2026). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2625 and 2627 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2625 Uintah, Colorado Springs
$815,000
8 Beds ⋅ 4 Baths ⋅ 6707316 MLS
Rare Ute Pass income play on 2 usable acres between Woodland Park and Colorado Springs - a fully-occupied 1955 fourplex with a 5+ year near-zero-vacancy track record and real capital already in the ground: upgraded electrical, all-new windows, and two turnkey-remodeled units (new kitchens, LVP flooring, paint, and appliances). Four 2-bed/1-bath units (~689 sf) with gas heat, gas ranges, refrigerators, and in-unit washer hookups; shared dryer, bear-proof trash, and a utility shed on the grounds. Lean operating profile - tenants cover electric, gas, and water; owner carries trash only. Unincorporated El Paso County has no short-term-rental permit requirement (buyer to verify) - pair that with two already-renovated units, a private drive, abundant parking, mountain views, and national-forest access, and the property reads as a compelling STR / mid-term-rental conversion or owner-occupant house-hack (FHA/VA financing possible on a 2-4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers.

8220 W US Highway 24, Cascade
$649,000
10 Beds ⋅ 4 Baths ⋅ 9848883 MLS
Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

340 Gahart Drive, Colorado Springs
$565,000
4 Baths ⋅ 9603715 MLS
Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Colorado Springs
$815,000
5 Beds ⋅ 4 Baths ⋅ 5384477 MLS ⋅ Crosby Cottages BLDG.
A rare and extraordinary turnkey rental opportunity in Manitou Springs to own four one-of-a-kind themed cottages called the historic Crosby Cottages. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes have been recently updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. Each of the four distinct and captivating residences has its own private entrance, generous porch and theme. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The cottages vary in layout and size. Cottage 1 offers a cozy studio with a ¾ bath and retro flooring with a 1910s theme, while Cottage 2 features two beds, a loft, an office with built-ins, and a full bath with 1920s accents. Cottage 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash with a 1930s vibe. Cottage 4 hosts a bedroom and a ¾ bath with unique tile echoing the 1940s. Located in the prime location between downtown Manitou Springs and several high-volume tourist attractions, the Historic Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. Mid- and long-term renters are in place. Consult with the City of Manitou regarding short-term rental questions. Great for a 1031 exchange..

125 Ruxton Avenue Unit R, Manitou Springs
$699,000
8 Beds ⋅ 8 Baths ⋅ 5015752 MLS
1011–1013 Bennett Avenue presents an exceptional opportunity to acquire a well-positioned, recently renovated multifamily asset in the heart of Colorado Springs, Colorado 80909. The property consists of 4 total units configured as spacious 2-bedroom, 2-bath residences, each averaging 800 square feet, offering a highly desirable layout for today’s renter demand. Located in a strong infill submarket with convenient access to major employment centers, military installations, and downtown Colorado Springs, the asset benefits from consistent rental demand driven by the area’s growing population and diverse economic base. The units feature functional floorplans with modern upgrades throughout, including in-unit laundry, updated interiors with custom fireplace surrounds, LED Lighting and stainless appliances. Reserved, off-street parking is also available, supporting both tenant retention and long-term stability. With its central location and efficient unit mix, this property is well-suited for investors seeking a low-vacancy, income-producing multifamily asset in a supply-constrained rental market.

1011 Bennett Avenue, Colorado Springs
$1,250,000
11 Beds ⋅ 12 Baths ⋅ 2210794 MLS
Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.

5602-5014 Towson View, Colorado Springs
$690,000
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 Drive, Colorado Springs


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