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$599,000
4 Beds 2 Baths 1788443 MLS
124 & 126 W Cheyenne Road presents a rare opportunity to acquire a well-maintained duplex in a highly desirable Colorado Springs location. Constructed in 1956, the property consists of two spacious residential units totaling approximately 1,801 square feet. Each unit features a functional 2-bedroom, 1-bathroom/1.5 bathroom floor plan designed to appeal to a broad tenant base seeking comfortable living accommodations in a convenient urban setting. The property offers two carport spaces on 124 and two car garage at 126, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term appreciation potential. Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area's most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado's most desirable places to live. Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.

124 W Cheyenne Road, Colorado Springs

$1,399,900
1689690 MLS
Welcome to this stunning newly built duplex offering modern design, thoughtful layouts, 9 ft ceilings on the main and upper levels, and investment potential. Each spacious unit boasts 2,594 square feet of finished living space, including a fully finished basement, providing ample room for comfortable living. Unit 135 features double primary suites, basement bedroom, and 4 bathrooms. Unit 125 offers 4 bedrooms, 4 bathrooms, and a convenient main-level office—ideal for remote work or flexible living needs. Both units include fully finished and insulated two-car garages, ensuring year-round comfort and functionality. You’ll find bright, open-concept great rooms highlighted by 9-foot ceilings. The stylish kitchens are anchored by large islands, perfect for entertaining, and flow seamlessly into living areas complete with luxury vinyl flooring and cozy gas fireplaces. The dining rooms walk-out to private back yards. Each primary suite is designed as a private retreat, featuring a spacious walk-in closet and attached bathroom with double vanity. Basements are pre-plumbed for a wet bar and offer a bedroom, full bathroom, and rec room. Enjoy beautiful mountain and city views from the primary bedrooms and a sleek contemporary exterior that enhances curb appeal. With no HOA, owners and investors alike will appreciate the added flexibility. Located in the desirable Creekwalk neighborhood, this property is within easy walking distance to some of the area’s newest restaurants and shopping destinations. Its prime location also offers quick access to I-25, Fort Carson, and downtown Colorado Springs.

135 Terrace Dr, Colorado Springs

$1,399,900
7 Beds 8 Baths 7405762 MLS Today's Terrace at Creekwalk BLDG.
Welcome to this stunning newly built duplex offering modern design, thoughtful layouts, 9 ft ceilings on the main and upper levels, and investment potential. Each spacious unit boasts 2,594 square feet of finished living space, including a fully finished basement, providing ample room for comfortable living. Unit 135 features double primary suites, basement bedroom, and 4 bathrooms. Unit 125 offers 4 bedrooms, 4 bathrooms, and a convenient main-level office—ideal for remote work or flexible living needs. Both units include fully finished and insulated two-car garages, ensuring year-round comfort and functionality. You’ll find bright, open-concept great rooms highlighted by 9-foot ceilings. The stylish kitchens are anchored by large islands, perfect for entertaining, and flow seamlessly into living areas complete with luxury vinyl flooring and cozy gas fireplaces. The dining rooms walk-out to private back yards. Each primary suite is designed as a private retreat, featuring a spacious walk-in closet and attached bathroom with double vanity. Basements are pre-plumbed for a wet bar and offer a bedroom, full bathroom, and rec room. Enjoy beautiful mountain and city views from the primary bedrooms and a sleek contemporary exterior that enhances curb appeal. With no HOA, owners and investors alike will appreciate the added flexibility. Located in the desirable Creekwalk neighborhood, this property is within easy walking distance to some of the area’s newest restaurants and shopping destinations. Its prime location also offers quick access to I-25, Fort Carson, and downtown Colorado Springs.

135 Terrace Drive, Colorado Springs

$325,000
5749904 MLS
This exceptional duplex presents a rare opportunity to invest just minutes from Fort Carson, one of Colorado Springs’ most sought-after employment hubs, ensuring steady rental demand from military personnel and related workforce. Thoughtfully designed as single-story units, the property offers a comfortable, accessible layout that appeals to a wide range of tenants while minimizing long-term maintenance challenges. Each unit features individually metered gas and electric along with separate mechanical systems, providing operational efficiency, cost control, and reduced capital exposure for the owner. With below-market in-place rents, the property offers an immediate value-add opportunity through strategic renovations and lease repositioning, allowing investors to unlock substantial upside while benefiting from stable occupancy. This asset combines location, functionality, and growth potential, making it a compelling addition to any multifamily portfolio. Please call or text 417-459-2155 for more information.

364 S Greensboro, Colorado Springs


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