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Image 1 - unnamed road, Colorado Springs, CO 80916, USA - House for sale
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Home For Sale In Colorado Springs, Colorado
unnamed road, Colorado Springs, CO 80916, USA

Home For Sale In Colorado Springs, Colorado

house for sale
Listed: 05/15/24

unnamed road, Colorado Springs, CO 80916, USA

8 Bed:
4 Bath:
Save
Price
$ 695,000

About This House

An exceptional investment opportunity awaits in this well-maintained 4-plex! Each of the four units boasts a comfortable 2-bed, 1-bath layout, spanning 884 square feet of thoughtfully designed living space. Presenting a hassle-free investment, all units are currently rented, ensuring immediate rental income for savvy investors. Strategically situated in close proximity to the airport, this property offers convenience and accessibility, making it an ideal choice for tenants. The prime location not only enhances its appeal to current occupants but also positions it as a magnet for prospective renters. With a solid foundation of reliable tenants already in place, this 4-plex presents an attractive investment opportunity, assuring a steady income stream. Alternatively, for those seeking to make their mark in the rental market, there is the potential to attract new tenants and further optimize returns. Don't miss the chance to add this turnkey 4-plex to your investment portfolio!

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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
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.