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$629,900
8 Beds ⋅ 4 Baths ⋅ 7998221 MLS
Brick fourplex directly across from Patty Jewett golf course frontage on a rare 15,387 sqft double lot in Golf Club Acres. Four 2-bed/1-bath units, all ground level with private entrances and original hardwood floors. Gas and electric utilities are individually metered; tenants pay their own. Three units are occupied on month-to-month terms at $3,025/month with market rents at $1,100+/unit, offering immediate upside. Fourth unit is vacant, and move-in ready, making this an ideal FHA/VA owner-occupant opportunity or immediate lease-up for an investor. Washer/dryer hookups are in the units. Off-street parking, mature trees, and no facing neighbors. These rarely become available in this pocket.

1409 E Caramillo Street, 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. FHA financing may be possible if 1 unit is owner occupied.

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
$795,000
8 Beds ⋅ 4 Baths ⋅ 8316367 MLS
Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.

455 W Van Buren Street, Colorado Springs
$780,000
8718070 MLS
We are pleased to present the opportunity to acquire 6727 Dale Rd, a well-maintained, townhome-style fourplex in Colorado Springs. The property features spacious two-story units and a consistent history of capital improvements, offering investors a balanced profile of in-place stability and value-add potential. The asset consists of four 2 bed / 1.5 bath units, each approximately 1,138 square feet, providing a highly functional layout that appeals to long-term tenants and competes favorably against smaller, stacked apartment product. Interior renovations have been completed throughout the ownership period, though finish levels vary by unit. Unit 6727 Dale Rd underwent a full renovation in 2025 and represents the highest quality interior, while the remaining units offer additional upside through continued upgrades and rent growth. Ownership has completed several key capital improvements, including a roof replacement in 2019, full balcony replacements since 2023, and updated electrical panels. These upgrades reduce near-term capital expenditure needs and allow a buyer to focus on executing an interior value-add strategy. In addition to interior upside, the property presents an opportunity to implement a utility bill-back system (RUBS), allowing a future owner to recapture a portion of operating expenses and further enhance net operating income. With its townhome-style configuration, larger unit sizes, multiple avenues for NOI growth, and clear path to increased rents, 6727 Dale Rd presents an attractive opportunity for investors seeking both durability and upside. *****CONTACT ANDREW STEPHENS, THE LISTING AGENT, FOR ANY ADDITIONAL INFORMATION at (720) 496-8868 or astephens@moduscommercial.com*****

6727 Dale Road, 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
$799,900
4 Beds ⋅ 4 Baths ⋅ 7516300 MLS
Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Two units operate as monthly furnished rentals, while Units 1 and 4 are rented as annual furnished rentals. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

209 N Arcadia Street, Colorado Springs
$730,000
8 Beds ⋅ 4 Baths ⋅ 8502328 MLS
423 N 30th Street is a well-located four-unit multifamily property positioned on the desirable west side of Colorado Springs, just minutes from the historic Old Colorado City corridor and major outdoor recreation amenities. Constructed in 1951, the approximately 2,999-square-foot building features four spacious two-bedroom units, providing an attractive housing option for renters seeking proximity to employment centers, outdoor recreation, and neighborhood retail. The property benefits from strong rental demand driven by the region’s expanding population, military presence, and tourism economy. Colorado Springs continues to experience sustained economic growth supported by aerospace, defense, technology, and tourism sectors, along with a steady influx of new residents drawn by the area’s quality of life and outdoor amenities. Located roughly one and a half miles from Garden of the Gods and minutes from downtown, the property offers tenants convenient access to recreation, dining, and employment centers while maintaining a quieter residential setting. The area’s strong fundamentals and limited multifamily inventory make this asset an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.

423 N 30th, Colorado Springs
$799,900
6525889 MLS
Well-maintained 4-plex in highly desirable 80919 location! This property offers a fantastic investment opportunity with a strong rental history and consistent occupancy. Each unit is thoughtfully designed, appealing to long-term tenants. Ideally situated within walking distance to Wilson Ranch Pool and just minutes from parks, trails, and amenities. Enjoy beautiful mountain views and a peaceful setting as the property backs to open green space, providing added privacy and tenant appeal. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this 4-plex checks all the boxes.

Not Provided
$840,000
8 Beds ⋅ 8 Baths ⋅ 4813268 MLS
***New Prime Investment Opportunity in Highly Coveted Area!*** 2305 Split Rock Drive presents an attractive opportunity to acquire a four-unit multifamily property in Colorado Springs, Colorado, one of the fastest-growing cities in the Front Range. Built in 1984 and totaling approximately 4,772 square feet, the property offers investors a stable, small-scale residential asset with manageable operations and consistent rental demand. The property is located within a quiet residential neighborhood in the southeastern Colorado Springs submarket, providing residents with convenient access to major commuter routes, neighborhood retail centers, grocery stores, and everyday services. Nearby parks, schools, and community amenities contribute to a comfortable living environment that appeals to workforce renters and long-term residents. Colorado Springs continues to experience strong economic and population growth driven by its diverse employment base including defense, aerospace, healthcare, technology, and education sectors. Major nearby employers such as Fort Carson, Peterson Space Force Base, and several national defense contractors support steady housing demand throughout the region. With its desirable location, practical unit layouts, and proximity to major employment centers, 2305 Split Rock Drive provides investors with a stable multifamily investment positioned to benefit from Colorado Springs’ long-term economic growth.

2305 Split Rock Drive, Colorado Springs


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