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$695,000
5480665 MLS
MODUS Real Estate is pleased to present 2913 Sage St, a five unit multifamily property located in one of the more desirable fourplex pockets on the west side of Colorado Springs. The building consists of a studio, three one bed one bath units, and a three bed one bath unit, offering a diversified rent roll anchored by a premium three bedroom. This is a light value add opportunity where the major capital items have already been addressed. The roof is just two years old and was recently inspected. The boiler was replaced nine years ago, and the pump was replaced four years ago along with the expansion tank, auto fill valve, and air bleeder. All zone valves were replaced in the spring of 2026. A new hot water heater was installed in 2026, and the shower valves in apartment 3 were rebuilt. A new owner steps into a building where the expensive, unglamorous systems are already handled. In place rents reflect a blended 14 percent loss to lease, giving a new owner immediate mark to market upside across the units. Paired with a light interior renovation program and the implementation of a utility billback system, a buyer can capture meaningful year one upside without a lengthy repositioning runway. Situated on the west side close to a variety of retail options, 2913 Sage St combines strong fundamentals with a clear path to increased cash flow.

2913 Sage St, Colorado Springs

$1,375,000
4186335 MLS
Cushman & Wakefield is pleased to present 1415 S Corona Avenue, a 10-unit investment property located in the heart of Colorado Springs. 1415 S Corona Ave is a well-maintained, fully renovated multifamily property consisting of 10 units. Recent upgrades throughout the property ensure a modern, low-maintenance environment for residents, and provide strong potential for future rent increases and long-term appreciation. This property is a prime example of a thoughtfully updated residential asset with modern amenities and high tenant satisfaction. The property’s proximity near Hwy 25 & Downtown Colorado Springs provides easy access to major transportation and nearby amenities, including upscale dining such as Prime 25, retail shops like Lululemon, Verda Spa, and two major grocery stores including the newly constructed Sprouts Farmers Market. Providing convenient access to local amenities, schools, and transportation routes. This location is highly attractive to both tenants and investors. Additionally, with nine of the ten units currently leased, the property demonstrates strong demand and high tenant retention. The property’s low vacancy rate and recent improvements make it a stable, income-producing asset with opportunities for future value-add enhancements, including increasing rents in line with the market. Please call 417-459-2155 to coordinate showing request.

1415 S Corona Ave, Colorado Springs

$2,288,500
3081598 MLS
2631 W Pikes Peak Avenue presents a rare opportunity to acquire a 23-unit apartment building in the heart of Old Colorado City, one of the most vibrant and historic neighborhoods in Colorado Springs. The property offers an investor a prime location paired with a compelling value proposition. Unique Value Proposition: What sets this property apart is its ability to be acquired at a low basis, combined with the fact that it is entirely vacant at closing. This creates a blank slate for the next owner, offering full flexibility to execute a comprehensive renovation strategy and re-lease the units at market rents. Location Highlights • Situated in the highly desirable Old Colorado City submarket, known for its historic charm, walkability, and proximity to downtown Colorado Springs. • Surrounded by local retail, dining, and lifestyle amenities that drive strong tenant demand. • Easy access to major employment hubs, outdoor recreation, and Colorado Springs’ growing economic base. Investment Highlights • 23-Unit Multifamily Property in a supply-constrained market. • Completely Vacant – allows immediate repositioning without the challenges of in-place tenants. • Low Basis Acquisition – priced to provide significant upside through renovation. • Full Repositioning Flexibility – renovate to desired finishes and achieve market-level rents. • High-Demand Location – Old Colorado City offers strong fundamentals and tenant appeal.

2631 W Pikes Peak Ave, Colorado Springs

$725,000
6197685 MLS
MODUS Commercial is pleased to present 902-906 Teal Ct, a six unit multifamily building in Colorado Springs that pairs steady in place income with clear room to grow. Built in 1967 and spanning 4,325 square feet, the property is comprised of five one bed one bath units and one two bed one bath unit. The rent roll is anchored by a base of long term tenants, several of whom have called the property home for multiple years. That tenure speaks to the durability of the income and the appeal of the location, and it gives a new owner a stable foundation to build from. Because every unit is currently on a month to month lease, the next owner has the flexibility to reposition units, move rents toward market, and execute a business plan on their own timeline without waiting out long lease terms. There is meaningful upside to capture. Rents have been managed conservatively under current ownership, leaving room to bring the property in line with market as units turn. Just as important, the current owner does not bill tenants back for utilities. Implementing a utility bill-back program, whether RUBS or a similar structure, is a clear year one win that recaptures a cost ownership absorbs today and lifts net operating income from the outset. For an investor seeking a well located, well occupied asset with multiple levers to drive returns over time, 902-906 Teal Ct is a compelling long term value add opportunity in a resilient Colorado Springs submarket.

906 Teal Court, Unit 902, Colorado Springs

$895,000
1662804 MLS
Owners are willing to entertain seller financing offers. 1224 North Weber Street is a seven-unit multifamily investment opportunity located in the highly desirable downtown corridor of Colorado Springs. The property consists of a two-story, low-rise apartment building situated blocks from Colorado College, with premier walkability, and both surface and rare garage parking for tenants. Originally constructed in 1895 as a historic residential home, the asset offers classic architectural character and vintage charm that is difficult to replicate in today’s market. This Downtown Victorian asset presents investors with the opportunity to capitalize on continued rental demand within one of Colorado Springs’ most established neighborhoods. Positioned just north of Downtown Colorado Springs, the property benefits from close proximity to major employment, retail, dining, and entertainment destinations throughout the urban core. Residents enjoy convenient access to downtown restaurants, coffee shops, nightlife, and cultural attractions, along with nearby recreational amenities including Monument Valley Park, Shooks Run Trail, and Patty Jewett Golf Course. The location also provides quick connectivity to Interstate 25, Colorado College, the Olympic & Paralympic Training Center, and several military installations that support the region’s strong renter base. Investment Highlights: -Immediate Rental Premiums: The property features flexible month-to-month leases with the opportunity to capture immediate rental premiums of $150-$250+ as leases turn. -Well maintained legacy asset with long-term attentive owners -Rare opportunity to acquire a Downtown asset with off street parking and 4 garages

1224 N Weber St, Colorado Springs

$999,999
9083277 MLS
Rare Opportunity: Three Active Vacation Rental Cabins in Manitou Springs with Fully Transferable License. Welcome to a one-of-a-kind investment opportunity in the heart of Manitou Springs—three beautifully updated cabins being sold together with a fully transferable vacation rental license already in place. Whether you're looking to expand your portfolio or own a turnkey mountain retreat with proven income, this property delivers. Surrounded by mature trees and bordered by a creek (with the property line crossing the water), these cabins offer privacy, charm, and walkable access to trails, town, and everything that makes Manitou Springs special. Barr Trail Cabin: Thoughtfully updated while preserving its mountain charm: New vinyl plank flooring, remodeled kitchen with quartz countertops, remodeled bathroom, 100-amp electrical service upgrade, & New washer. Seven Bridges Cabin: Fresh, modern, and guest-ready: New interior paint, refreshed furnishings throughout, Mini-split HVAC system, Trex decking & railing, electrical panel & service upgrade. Full kitchen with gas range, river views & creek access, ¾ bath, & Fujitsu heating & air units. Mt Cutler Cabin: Extensively updated, real oak hardwood floors & luxury vinyl plank, mini-split HVAC system, Trex back deck, PEX plumbing, updated electrical wiring & panel, Stainless steel appliances, Full kitchen with dishwasher, Butcher block countertops. Additional Features Across the Property: Off-street parking, mature trees & a peaceful setting, creek frontage and access, separate systems for flexibility and efficiency. With consistent upgrades including plumbing, electrical, HVAC, decks, and interior finishes, this property has been carefully maintained and strategically improved to maximize guest experience and long-term durability. Opportunities like this — three fully operational, updated vacation rentals with a transferable license in Manitou Springs — are exceptionally rare. Turnkey. Mountain charm at its best

1154 Manitou Ave, Manitou Springs

$1,600,000
8640606 MLS
Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

102 Holly St, Colorado Springs

$2,969,700
1603098 MLS
UNDER CONSTRUCTION. Excellent opportunity to invest in popular location with strong rental demand, including from nearby UCCS. These are 6 total units in 3 buildings - all side-by-side end unit NEW CONSTRUCTION. Each unit has 2,594 sqft with 4 bedrooms, 4 bathrooms, and a 2 car garage. The finished basements are pre-plumbed for a wet bar, and all yards are fenced and landscaped. These homes will be delivered truly move-in ready and appointed for immediate occupancy! Window blinds, A/C, garage door opener, washer, dryer, refrigerator, and all kitchen appliances are all included! The homes have open, spacious layouts with modern finishes. Kitchens features granite counters, island, pantry, and shaker style cabinets with extended height 42 inch upper cabinetry. Living rooms offer gas fireplace with tile surround and generous can light placement. Dining spaces walk out to the back yard with privacy fence. Luxury vinyl tile flooring in entry, kitchen, dining, living room, bathrooms, and laundry is easy to maintain. Primary bedrooms have attached full bathrooms with double vanities. Full finished basements have a bedroom, full bathroom, and rec room pre-plumbed for a wet bar. Front yards are xeriscaped, and back yards are landscaped including an auto-sprinkler system. These low maintenance stucco two-story duplexes are on a quiet cul-de-sac location convenient to Academy, Powers, Austin Bluffs, and UCCS!

4266 Siferd Blvd, Colorado Springs

$3,700,000
5012581 MLS
Cushman & Wakefield is pleased to present the East Colorado Springs Portfolio, a rare opportunity to acquire five multifamily assets totaling 20 units in one of Colorado Springs’ most active and rapidly growing rental corridors. The portfolio consists of: • 915 Hathaway Drive – 4 units • 925 Hathaway Drive – 4 units • 1006 Western Drive – 4 units • 1010 Western Drive – 4 units • 5540 Bonita Village Road – 4 units Total Unit Count: 20 Units Strategically located in East Colorado Springs near the Colorado Springs Airport and the highly desirable Powers Corridor, these properties benefit from strong rental demand driven by convenient access to major employment centers, military installations, retail amenities, dining, and transportation routes. The surrounding area continues to experience significant residential and commercial growth, making it one of the city’s most attractive investment submarkets. The portfolio offers investors the advantage of acquiring multiple assets within close proximity, creating operational efficiencies and streamlined management. Tenants enjoy easy access to Peterson Space Force Base, Schriever Space Force Base, major healthcare providers, and the extensive shopping and entertainment destinations located along Powers Boulevard. With a diversified collection of 4-unit properties situated in established residential neighborhoods, the East Colorado Springs Portfolio presents an excellent opportunity for investors seeking stable cash flow, long-term appreciation potential, and a scalable multifamily investment in a high-demand Colorado Springs market. The combination of location, accessibility, and continued area growth positions this portfolio as a compelling acquisition opportunity for both local and out-of-state investors.

915 Hathaway Dr, Colorado Springs

$615,000
8220427 MLS
Two living spaces, one incredibly versatile property! Situated on a nearly half-acre lot, this unique home offers a spacious 3-bedroom, 2-bath main residence PLUS attached additional living quarters complete with its own kitchen, laundry, living area, bedroom, non-conforming bedroom, full bath and additional half bath—creating options that are hard to find. The main home features a bright, open floor plan with plenty of natural light and an easy flow between the kitchen, dining and living areas. Newer flooring and brand-new carpet give the home a fresh, move-in-ready feel, while a brand-new refrigerator and included washer and dryer add everyday convenience. The attached additional living quarters offer a second kitchen, separate laundry, comfortable living area, one bedroom plus a non-conforming bedroom with an attached half bath, along with an additional full bathroom. With its own dedicated living spaces, this portion of the home provides incredible flexibility for multigenerational living, extended family, guests, a home office, or additional household needs. Outside, enjoy a nearly half-acre lot surrounded by mature trees with a large backyard and plenty of room to spread out. An oversized 2-car garage provides additional parking and storage. Whether you're looking for room to bring generations together, space for extended guests, or simply a home with flexibility that a traditional floor plan can't offer,

2613 Flintridge Dr, Colorado Springs

$1,600,000
2901643 MLS
Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners. Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential. The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25. The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike. With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

102 Holly St, Colorado Springs

$599,000
6040777 MLS
A rare opportunity to own a versatile, income-producing property in the heart of Colorado Springs with no HOA and no covenants. Perfectly positioned near Knob Hill just minutes from Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs, this property puts the very best of the city right at your doorstep. This thoughtfully maintained 1952 raised-ranch sits behind a 5-foot stucco privacy fence on a fully xeriscaped corner lot, blending low-maintenance living with serious curb appeal. The fascia, fencing, gutters, and gables are PVC or covered with white mastic material, meaning zero rot, peeling, mold, or repainting ever. The Trex sundeck and stucco exterior round out an exterior built to last with minimal upkeep. Each unit is fully self-contained and move-in ready. The upper level features three bedrooms, a flex space that works as a reading nook or small office, a full living room, dining room, kitchen, and full bath, all with original hardwood floors throughout. The garden-level lower unit mirrors the layout with three bedrooms, its own flex space, full living room, dining room, a kitchen with gas stove, and full bath. Both units include a full appliance package with washer and dryer. Storage and parking are exceptional. The oversized two-car garage includes a loft, a shed is included, and the property accommodates at least four additional vehicles plus RV parking. No covenants. No HOA. Pure opportunity.

1802 E Uintah St, Colorado Springs

$950,000
7100960 MLS
Step into a rare piece of Colorado Springs history with this beautifully restored Victorian masterpiece situated on a desirable corner lot just minutes from downtown. Blending timeless character with modern updates, this unique property offers three separate living units, creating incredible flexibility for multi-generational living, guest accommodations, or potential income-producing opportunities. Each unit has private access, their own kitchens and laundry facilities. How each unit has been seperated, the divider walls can easily be removed so home can be converted back to a single family home. Inside, you'll find stunning original 1900s craftsmanship showcased through exquisite woodwork, rich architectural details, and a breathtaking vintage Tiffany fireplace that serves as a true centerpiece of the home. Thoughtfully updated throughout, the property seamlessly combines historic charm with contemporary comfort, allowing you to enjoy the best of both worlds. From its inviting curb appeal to its versatile layout, this one-of-a-kind property offers endless possibilities. Whether you're seeking a distinctive primary residence, space for extended family, or an investment opportunity, this Victorian gem delivers unmatched character, functionality, and history in one remarkable package.

1003 E Boulder St, Colorado Springs

$385,000
7271057 MLS
Turnkey Income Property | Duplex | R-4 Zoning | Development Opportunity Exceptional investment opportunity in the rapidly growing Knob Hill area of Colorado Springs. This income-producing duplex offers immediate rental income, flexible leasing options, and significant future development potential on an R-4 zoned lot. The property consists of two separate, fully furnished residential units that are well-suited for executive housing, corporate rentals, traveling professionals, military personnel, medical professionals, relocation clients, or traditional long-term tenants. The front residence is a spacious 2-bedroom, 1-bath home featuring updated finishes, a functional floor plan, dedicated workspace, and inviting outdoor living areas. The rear residence is a private 1-bedroom, 1-bath unit offering comfortable accommodations and independent living space. Located in a highly accessible central Colorado Springs location, the property is minutes from Downtown Colorado Springs, Memorial Hospital, the Olympic & Paralympic Training Center, major military installations, shopping, dining, and employment centers. The area's strong demand for furnished and executive housing creates multiple income strategies for investors and owner-operators alike. The true value-add opportunity lies in the expansive R-4 zoned lot. The rear portion of the property provides potential for additional residential development, allowing investors to explore increased density and future income growth opportunities. Buyers should verify zoning, development standards, utility capacity, and permitted uses with the City of Colorado Springs. Whether you're seeking a turnkey furnished rental investment, a multifamily asset with stable income potential, or a development opportunity with long-term upside, this property offers flexibility and multiple avenues for value creation.

506 Swope Ave, Colorado Springs

$449,900
3559371 MLS
Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.

111 W Fountain Blvd, Colorado Springs

$151,000
3081737 MLS
Perched on the top floor, this charming condominium offers sweeping views of Pikes Peak—making it a true standout in the building. This home features two bedrooms and one full bathroom with two sinks. Step onto the open deck and soak in the mountain views all year long. Inside, the kitchen includes all the appliances: refrigerator, stove, dishwasher and disposal. You'll find updated, easy-care wood laminate flooring that adds warmth and durability to the living and dining spaces. A wall-mounted air conditioning unit ensures cool comfort with modern efficiency. For storage needs, there are both an interior and exterior closet—plus, the larger one inside offers potential to be converted into a private laundry area. The community also provides a shared laundry room. Additional perks include an assigned parking space, access to the community pool and green space, and the peace of mind that comes with an HOA fee covering all utilities except stormwater. This is your opportunity to own an affordable mountain-view retreat in a well-kept and welcoming community. The location close to the intersection of Union and Academy offer a short commute to all parts Colorado Springs and surrounding areas. Enjoy the convenience of walking to nearby shopping and dining!

5034 El Camino Drive Unit 36, Colorado Springs


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