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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

Courtesy of eXp Realty, LLC . jed@summitgroupcolorado.com,719-368-0343
$899,000
6 Beds ⋅ 3 Baths ⋅ 7165543 MLS
Remodeled and beautiful zoned triplex in Colorado Springs. All 3 units are rented. Upper unit: Updated kitchen and bathrooms, added washer and dryer hookups, added dishwasher hookups, added central ac, upgraded heating and divided units to their own unshared system, fresh paint, remodeled indoor stairs, remodeled outdoor fire escape stairs, sealed exterior doors and added keyless entry lock, added wood baseboards and luxury vinyl plank flooring, ceiling touch ups, new light fixtures, lighting in attic. Main level unit, Added A/C and separated shared HVAC system, added mini splits and wall units, painted kitchen cabinets, upgraded gas oven, weather sealed exterior doors, new lighting in kitchen, refinished front porch and added storage under porch. Lower level unit, Double insulated ceiling for sound dampening, removed exposed ducts and installed new drywall, updated kitchen, updated bathroom, added ac and separated heating elements from a shared unit. New water heater, mew radon system, new doors and handles, added lighting and upgraded light fixtures, added support pillar, added dishwasher, added closet doors. Exterior: Mulch, added cobble stone patio area, added plants and brick, buried drain line, fixed fencing, painted pillars, window trim and front porch, ambient lighting around fence, removed dead tree, new roof 2026.

930 N El Paso Street, Colorado Springs

Courtesy of RE/MAX Real Estate Group Inc . CombsRealtor@gmail.com,719-896-1270
$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

Courtesy of Cushman & Wakefield . 00537@00537.com,303-292-3700
$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

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
$875,000
6 Beds ⋅ 6 Baths ⋅ 6988355 MLS
Discover a distinctive new-construction duplex in central Colorado Springs, thoughtfully designed to provide the privacy & feel of 2 separate homes. Connected only by a shared storage wing, each home features its own driveway, private entrance, attached garage, exterior storage room, & spacious fenced patio, creating an ideal balance of independence & flexibility. Located moments from the historic Patty Jewett Golf Course & within easy reach of downtown restaurants, shopping, parks, & trails, the property also enjoys beautiful Pikes Peak views from multiple windows. Its highly walkable setting places residents near Bonforte Park, Shooks Run Trail, & many of Colorado Springs' most popular destinations. Inside, each home offers a bright, open-concept main level where the living, dining, & kitchen areas flow seamlessly together. Luxury vinyl plank flooring, recessed lighting, upgraded fixtures, & a walkout to the private patios create an inviting setting for everyday living & entertaining. The kitchens are finished with quartz countertops, tile backsplashes, stainless steel appliances including a gas range, generous cabinetry, & oversized center islands with seating. Energy-efficient construction, central air conditioning, & tankless water heaters providing on-demand hot water, enhance comfort while supporting long-term efficiency & value. Upstairs, each home features 3 bedrooms & 2.5 bathrooms, including a private primary suite with a walk-in closet & an en-suite bath offering a double sink vanity & walk-in shower. 2 addtl bedrooms include their own walk-in closet & share a full bath with dual sinks & a tiled tub/shower. A conveniently located upper-level laundry area incl the washer/dryer. Blending contemporary finishes, low-maintenance outdoor living, energy-conscious design, & an exceptional location, this uniquely designed property offers outstanding flexibility for owner-occupants, multigenerational living, or investors seeking a high-quality rental opportunity.

1217 Custer Avenue, Colorado Springs

Courtesy of Pink Realty . Pinkteam@pinkrealty.com,719-393-7465
$550,000
3 Beds ⋅ 3 Baths ⋅ 3107641 MLS
Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping. With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!

225 N Cedar Street, Colorado Springs

Courtesy of RE/MAX Real Estate Group Inc . BrianBoals@gmail.com,719-459-9955
$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

Courtesy of HomeSmart . 303-877-3852
$495,000
4 Beds ⋅ 4 Baths ⋅ 8602762 MLS
Excellent owner-occupant opportunity on Colorado Springs’ desirable Westside, with one unit becoming available at the end of August. Live in one spacious 2-bedroom, 2-bath unit while generating rental income from the adjoining unit to help offset your monthly mortgage payment. Located in the highly sought-after Old Colorado City/Pleasant Valley area, this well-maintained duplex offers functional floor plans, private bathrooms for each bedroom, generous storage, and comfortable living spaces. The property also includes off-street parking and a shared outdoor area. The occupied unit provides immediate rental income, while the upcoming vacancy gives a future owner the flexibility to move in, select a new tenant, or reposition the unit. Just minutes from Old Colorado City, Garden of the Gods, downtown Colorado Springs, and major employment corridors, the property is well-positioned for continued rental demand and long-term appreciation. A strong option for buyers looking to build equity, reduce their housing costs, and benefit from owning an income-producing property in a proven Westside location.

1930 W Yampa Street, Colorado Springs

Courtesy of Venterra Real Estate LLC . 715-937-4229
$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

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
$579,000
7 Beds ⋅ 3 Baths ⋅ 5023784 MLS
Amazing Colorado College rental property! This home was leased for 2024-2025 at a total of $6,400/month! Previous leases can be provided in DD docs. This Classic Victorian home can function as a 2-unit student rental with up to 7 bedrooms or would make a great single-family home for someone that may be looking for a studio, additional rental unit, or Airbnb with lots of parking. The home had 3 separate entrances at one point in time and has had multiple changes through its years! This home is walkable to Colorado College, the river, the Old North End and has great access to I-25 to get anywhere in town! The home has a large lot with parking for 6+ cars in the rear. The property features a large corner lot, classic Victorian style, grape vine, storage shed, tons of parking, 2 kitchens, new interior paint flooring and appliances, hardwood and LVT flooring, new sewer line, classic front porch, and much more! This property has incredible flexibility and could be an amazing student rental, a multi-generational living home, Airbnb, or house with studio, or like so many of these older Victorians could serve a large variety of buyer needs.

1230 Glen Avenue, Colorado Springs

Courtesy of Landmark Residential Brokerage . rdoell@landmarkcolorado.com,719-510-6382
$649,999
6 Beds ⋅ 2 Baths ⋅ 4366812 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 Street, Colorado Springs

Courtesy of eXp Realty, LLC . 719-888-2793
$324,000
2 Beds ⋅ 2 Baths ⋅ 6414074 MLS
Welcome to this move-in ready duplex offering the ease of main-level living and the flexibility today’s buyers are looking for. Step inside to a spacious, open layout featuring 2 bedrooms, 2 bathrooms, and a large living room with a cozy fireplace— perfect for unwinding after a long day. The home is updated with newer wood-look vinyl flooring throughout the kitchen, bedrooms, and family room, giving you durability and style. Natural light pours in through skylights, creating a bright, welcoming feel you’ll notice the moment you walk in. Need extra space? You’ve got it. A bonus room makes the perfect home office, guest space, or hobby room—ideal for remote work or military schedules. Out back, enjoy a private fenced yard and wood deck, ready for relaxing, pets, or weekend BBQs. Close to Colorado Springs Bases, Colorado Springs Airport. Location, Location, Location!!

421 S Chelton Road, Colorado Springs

Courtesy of Your Castle Real Estate Inc . ajgarciarea@gmail.com,719-216-8224
$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

Courtesy of Cushman & Wakefield . 00537@00537.com,303-292-3700
$850,000
4 Beds ⋅ 3 Baths ⋅ 6762008 MLS
Rare opportunity in the highly sought-after Old North End! Ideally located near downtown, shopping, dining, parks, schools, and everyday amenities, this beautifully updated 4-bedroom, 3-bathroom R-2 zoned property offers exceptional versatility on a large lot with a private electronic gate. Whether you are seeking multi-generational living, flexible living arrangements, or potential income opportunities, this property offers endless possibilities. The main level features warm and inviting living spaces filled with character and tasteful updates, along with a beautiful partially covered front porch perfect for enjoying the charm of the neighborhood. An apartment-style living area on the main level includes its own exterior entrance, kitchenette, and full bathroom, creating an ideal setup for guests, extended family, or private living quarters. Upstairs, you will find a spacious 2-bedroom apartment-style space featuring a living area, kitchen, and full bathroom, offering comfortable independent living with added versatility. The partially finished basement includes its own private entrance, providing additional space for storage, expansion, or other flexible uses. Outside, the expansive lot also includes a workshop and an additional detached rear structure offering excellent potential to be finished for guest accommodations, creative space, hobbies, workspace, or other supplemental use. Thoughtfully updated throughout, this property blends historic Old North End charm with major improvements including new furnace with air conditioning, roof, and electrical completed in 2016, plus new Pella windows installed just last year. Rarely does a property offer this much flexibility, character, and opportunity in such a prime location. This home truly has it all—you have to see it to believe it! DON'T MISS THE VIDEO AND VIRTUAL TOUR! Buyer to verify zoning, permitted uses, utilities, and future use possibilities.

2219 N Nevada Avenue, Colorado Springs

Courtesy of REMAX PROPERTIES . Jared@BryantHomesColorado.com,719-425-9651
$435,000
3 Beds ⋅ 2 Baths ⋅ 3886360 MLS
Great investment opportunity or owner-occupant setup with two separate units with modern updates in the desirable Sun Valley subdivision of Old Colorado City! The main level unit features 2 bedrooms, 1 full bath, beautiful hardwood floors throughout, new light fixtures, stackable washer/dryer, linen and coat closets, and window A/C units. The remodeled kitchen includes new cabinets, butcher-block countertops, and a gas cooktop. The updated full bath offers tiled walls, custom vanity, and all new fixtures. Enjoy relaxing on the covered front porch with custom beams and shutters. The basement unit has a private covered entrance and features LVP flooring, newer vinyl windows, a non-conforming bedroom, updated eat-in kitchen with butcher-block countertops and gas range, plus a 3/4 bath with pedestal sink and tiled floors and walls. Relax in the quaint backyard sitting area complete with a whimsical fairytale-style decorative well. Duplex has all new interior paint. Plus a carport and additional off-street parking for 2 vehicles. There is a large garage in the back that offers terrific storage space or an opportunity for expansion on the over 7000 sqft lot.

2617 Robinson Street, Colorado Springs

Courtesy of Mercie Real Estate . mercie@curbow.com,719-390-1100
$475,000
4 Beds ⋅ 3 Baths ⋅ 2924415 MLS
Step into a piece of Colorado Springs history with this authentic 1888 Victorian, ideally located just steps to the vibrant downtown core. Rich with character and timeless architectural details, this unique property offers a rare blend of historic charm and modern flexibility. Currently configured with separate upper and lower living spaces, the home presents a variety of possibilities for today's buyer. Live comfortably in one portion of the home while generating income from the other, create a private space for multigenerational living, or restore the property to its original grandeur as a single-family residence. For those seeking supplemental income, the property's layout may also lend itself to an owner-occupied short-term rental opportunity, subject to local regulations and licensing requirements. High ceilings, period details, and the unmistakable character of a true Victorian create an atmosphere that simply cannot be replicated in newer construction. Enjoy easy access to downtown restaurants, breweries, coffee shops, parks, cultural attractions, and major employers, all while owning a distinctive home that stands out from the ordinary. Whether you're looking for a primary residence with income potential, a flexible living arrangement, or a historic property to make your own, 415 E. Bijou Street offers a unique opportunity in one of Colorado Springs' most desirable urban locations.

415 E Bijou Street, Colorado Springs

Courtesy of Your Castle Real Estate Inc . NathanMBiggs@gmail.com,303-257-6495
$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

Courtesy of LIV Sotheby's International Realty . michael@homesbyturner.com,719-434-0199
$440,000
3 Beds ⋅ 3 Baths ⋅ 9440901 MLS
Welcome to this exceptionally well-maintained ranch-style townhome in the beloved Carriages at Indigo Ranch community, where easy living, thoughtful design, and everyday convenience come together beautifully. With all of the home’s main necessities located on the main level, the layout offers true main-level living if desired, paired with the flexibility of additional basement space for guests, hobbies, or entertaining. Inside, the open and inviting floor plan creates comfortable, connected living spaces filled with natural light. Gorgeous hardwood flooring extends throughout much of the main level, adding warmth and timeless character. The living room centers around a cozy gas fireplace, while the kitchen offers a functional and stylish gathering space with slab granite countertops, stainless steel appliances, center island seating, ample pantry storage, and seamless flow into the dining and living areas. The spacious primary suite provides a relaxing retreat with an adjoining sitting area and private bath featuring dual sinks and quality finishes. Main-level laundry adds everyday convenience, while central air conditioning keeps the home comfortable year-round. The fully finished basement expands the living space with a large recreation room, two additional bedrooms, and a bathroom, while still offering unfinished storage and utility space. Outside, enjoy the partially covered back patio, perfect for morning coffee or relaxing evenings. The HOA maintains much of the outdoor landscaping throughout the community, allowing for lower-maintenance living and more time to enjoy the things you love. Ideally located close to shopping, dining, parks, schools, and everyday amenities, this home also offers quick access to Powers, Marksheffel, Woodmen, and Highway 24 for an easy commute across Colorado Springs. Comfortable, functional, and truly move-in ready, this is a wonderful opportunity in one of Indigo Ranch’s most loved townhome communities.

7670 Matchlock Heights, Colorado Springs

Courtesy of The Platinum Group . Laurie@LaurieKlipfel.com,719-955-8600
$720,000
6 Beds ⋅ 3 Baths ⋅ 4455786 MLS
910 W Colorado Avenue is a fully renovated and versatile triplex located between Old Colorado City and Downtown Colorado Springs, offering close proximity to Garden of the Gods, Manitou Springs, and other premier west-side amenities. The property features a strong unit mix of one 3BD/1BA, one 2BD/1BA, and one 1BD/1BA, providing diversified rental income and broad tenant appeal. Renovations and prior successful short-term rental history support a turnkey opportunity with flexible use potential and strong income stability in a high-demand corridor. Adjacent 908 W Colorado Avenue is also available, and the seller prefers to sell both properties together as a rare side-by-side multifamily opportunity totaling five units, creating immediate scale and operational efficiency in one of Colorado Springs’ most sought-after rental markets.

910 W Colorado Avenue, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
$680,000
5 Beds ⋅ 3 Baths ⋅ 7859233 MLS
Exceptional opportunity to acquire a well-positioned multifamily asset in the highly desirable west side corridor of Colorado Springs. Located between Downtown and Old Colorado City, 908 W Colorado Avenue features a fully remodeled 3-bedroom, 2-bath main home plus a detached 1-bedroom cottage, offering strong rental appeal and a turnkey investment opportunity. Renovations completed within the past two years provide modern finishes and limited near-term capital needs, while tenants pay their own utilities for streamlined operations. Situated next door is 910 W Colorado Avenue, a fully renovated triplex also available for purchase, this offering presents a rare chance to control neighboring multifamily properties in one of the city’s most supply-constrained rental markets. Seller prefers to sell 908 W Colorado together with 910 W Colorado but will entertain individual sales The property offers convenient access to Downtown Colorado Springs, Old Colorado City, I-25, Highway 24, local dining, retail, and outdoor amenities continues to drive strong tenant demand in this highly sought-after location.

908 W Colorado Avenue, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
$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

Courtesy of Colorado Rocky Homes . contact@coloradorockyhomes.com,480-278-0480
$500,000
3 Beds ⋅ 2 Baths ⋅ 8860481 MLS
House Hack Opportunity – Live in One Unit & Rent the Other! In the Heart of Colorado Springs! Why settle for a single-family home when you can own a property that helps pay for itself? This beautifully remodeled duplex offers the perfect opportunity for owner-occupants, investors, or multi-generational living—all just minutes from Downtown Colorado Springs, Old Colorado City, local hospitals, military bases, and some of the city's best dining, shopping, and entertainment. The main level features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, inviting layout. Upstairs, a fully finished 780-square-foot private apartment includes 1 bedroom, 1 bathroom, its own kitchen, and a separate exterior entrance, creating an ideal space for long-term tenants, mid-term rentals, guests, or extended family. Live comfortably in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your investment potential. With strong demand for rental housing in central Colorado Springs, the possibilities are endless. Washer and dryer hook-ups in both units! Situated on a 5,000-square-foot lot, the property also offers convenient off-street rear parking and two storage sheds for additional storage. Whether you're purchasing your first investment property, looking for a smart house-hack opportunity, or seeking a turnkey duplex in an unbeatable location, this property delivers the flexibility, income potential, and lifestyle that today's buyers are searching for.

505 W Bijou Street, Colorado Springs

Courtesy of Colorado Homestead Realty . elizabeth-reeder@outlook.com,720-231-8097
$500,000
3 Beds ⋅ 2 Baths ⋅ 4017568 MLS
House Hack Opportunity – Live in One Unit & Rent the Other! In the Heart of Colorado Springs! Why settle for a single-family home when you can own a property that helps pay for itself? This beautifully remodeled duplex offers the perfect opportunity for owner-occupants, investors, or multi-generational living—all just minutes from Downtown Colorado Springs, Old Colorado City, local hospitals, military bases, and some of the city's best dining, shopping, and entertainment. The main level features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, inviting layout. Upstairs, a fully finished 780-square-foot private apartment includes 1 bedroom, 1 bathroom, its own kitchen, and a separate exterior entrance, creating an ideal space for long-term tenants, mid-term rentals, guests, or extended family. Live comfortably in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your investment potential. With strong demand for rental housing in central Colorado Springs, the possibilities are endless. Washer and dryer hook-ups in both units! Situated on a 5,000-square-foot lot, the property also offers convenient off-street rear parking and two storage sheds for additional storage. Whether you're purchasing your first investment property, looking for a smart house-hack opportunity, or seeking a turnkey duplex in an unbeatable location, this property delivers the flexibility, income potential, and lifestyle that today's buyers are searching for.

505 W Bijou Street, Colorado Springs

Courtesy of Colorado Homestead Realty . elizabeth-reeder@outlook.com,720-231-8097
$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

Courtesy of Live Dream Colorado LLC . Lauren@LiveDreamColorado.com,719-272-1765
$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

Courtesy of MODUS Real Estate . nmaccarter@moduscommercial.com
$750,000
3 Beds ⋅ 3 Baths ⋅ 6491142 MLS
Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. A strong fit for a developer/builder focused on well-located, efficient infill projects! The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in. MX-M Zoning (Mixed-Use Medium Scale) allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or potentially something more creative depending on your vision. Preliminary approvals already in place for six townhomes—potentially a streamlined path to development. It is ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services, immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City. Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living!

3137 W Pikes Peak Avenue, Colorado Springs

Courtesy of Trade Bridge Realty . 720-401-8011
$689,900
3 Beds ⋅ 4 Baths ⋅ 4413472 MLS ⋅ Today's Terrace at Creekwalk BLDG.
UNDER CONSTRUCTION. New construction located in Southwest Colorado Springs’ new Creekwalk neighborhood. Near internationally acclaimed destination The Broadmoor, Today’s Terrace at Creekwalk offers a contemporary home design in a coveted location. No HOA! Modern exterior elevation welcomes you into this two-story with 3 bedrooms, 4 bathrooms, a 2 car garage, and a full finished basement in each unit! Featuring nine-foot ceilings on both the main and upper levels, the home includes central air conditioning, tankless water heater. Main level standard features include beautiful and long-lasting luxury vinyl floor and generous can lighting placement, with a gas fireplace in the living room and sliding door to the back yard from the dining room. Luxurious island, quartz counters, and shaker style cabinets accentuate the kitchen along with stainless steel appliances and pantry. The powder room competes the main level. Owner’s suite upstairs offer both a walk-in closet plus a second closet, and an attached bathroom with double sinks and a walk-in shower. You’ll catch some nice views from the primary bedroom too! Second owner’s suite includes a walk-in closet and ensuite bathroom with double vanity and walk-in shower. Laundry is upstairs with the two bedrooms. The basement is finished with one bathroom, one bedroom, a pre-plumbed wet bar, and rec room. Today’s Terrace at Creekwalk is convenient to I-25, Hwy 115, and a wide array of the newest shopping, dining and more exciting nearby amenities. This is an HOA-free community!

165 Terrace Drive, Colorado Springs

Courtesy of Live Dream Colorado LLC . Lauren@LiveDreamColorado.com,719-272-1765
$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

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
$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

Courtesy of Live Dream Colorado LLC . Lauren@LiveDreamColorado.com,719-272-1765
$699,000
4 Beds ⋅ 2863988 MLS
LOCATION, LOCATION, LOCATION! This stunning home is situated in the serene and seldom-traveled section of Platte Avenue (above the bridge), offering an exceptionally peaceful setting for its exciting downtown location. Do NOT miss your chance to see this exquisite custom new build nestled in the HEART of downtown Colorado Springs, offering an alluring blend of modern luxury and historical charm. Upon entrance, you'll immediately appreciate the meticulous attention to detail that was thoughtfully and carefully allocated throughout. This home showcases sophistication and comfort, boasting a gourmet kitchen that's a chef's delight. Stainless steel appliances adorn this culinary haven, complemented by custom cabinets, quartz countertops, and a generously sized walk-in pantry ensuring ample storage and functionality. The main open concept living area, adorned with expansive windows, invites an abundance of natural light, creating a luminous and airy ambiance. Upstairs you will find two bedrooms with a full guest bathroom, a large laundry closet, and an elegant primary suite with striking vaulted ceilings and a private en-suite bathroom that exudes elegance. And... the VIEWS! Descend into the fully finished basement, complete with a private bedroom, bathroom and a large rec room, all with natural light and 9 ft ceilings! Outside, you will find professionally landscaped front and back yards, fencing, and auto sprinkler systems. Completing the allure of this property is an oversized two-car detached garage, providing ample space for parking and storage, adding convenience and functionality to this remarkable downtown home. This custom home offers a unique and rare opportunity to own a home that encapsulates the best of both worlds merging a custom built home located in a historical downtown neighborhood. Minutes from downtown restaurants, shopping, entertainment, and public transportation! Some photos are virtually staged.

726 E Platte Avenue, Colorado Springs

Courtesy of Porch & Willow LLC . 719-258-0116
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