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Image 1 - 2953 Sage Street, Colorado Springs, CO 80907, USA - House for sale

Image 2 - 2953 Sage Street, Colorado Springs, CO 80907, USA - House for sale

Image 3 - 2953 Sage Street, Colorado Springs, CO 80907, USA - House for sale

Image 4 - 2953 Sage Street, Colorado Springs, CO 80907, USA - House for sale

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Home For Sale In Colorado Springs, Colorado

2953 Sage Street, Colorado Springs, CO 80907, USA

Home For Sale In Colorado Springs, Colorado

house for sale

5 views

Listed: 04/17/24

2953 Sage Street, Colorado Springs, CO 80907, USA

8 Bed:

4 Bath:

3,375 Sq Ft Living Area:

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Price

$ 766,660

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About This House

Cushman and Wakefield is pleased to present 2919 Sage Street, a quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the westside submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods andUCCS. 2919Sage Street is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently there is one vacant unit at this property.

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Colorado Springs Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$390,752 (+6.3%)
Apr 2024	$367,460 (0%)
Mar 2024	$367,460 (0%)
Feb 2024	$367,460 (0%)
Jan 2024	$367,460 (+4.7%)
Dec 2023	$350,919 (+1.7%)

In May 2024, the asking price for 2 bed houses for sale in/near Colorado Springs, United States averaged $390,752, an increase of 6.3% from the previous month.

Median price trends for properties for sale in Colorado Springs, United States as of May 2024.

Household Income

Median household income: $65,331

Number of households: 181,745

The average household income in Colorado Springs, CO grew from $59,514 to $65,331 in the past year. This data is an estimate based upon 181,745 households in Colorado Springs, CO.
The chart below presents how household income is distributed in Colorado Springs, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Colorado Springs, CO compared to median property taxes around the country. The prevalent amount of property taxes in Colorado Springs, CO equals $800-$1,500 , which is less than the national average.

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