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Brandon Lecocq

brandon@theridgeline.group +1(719) 413-6610

$ 690,000

Est. payment | -/mo

8 Beds

4 Baths

3,111 SqFt

Save

$ 690,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,111 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,111 sqft

Price per Sqft $221

Subdivision Colorado Springs

MLS Listing ID 3703452

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,111

Year Built 1969

Annual Tax Amount $1,408

Tax Year 2022

Property Sub-Type Quadruplex

Source recolorado

Property Description

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.

Location

State CO

County El Paso

Zoning R5 AO

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace N

Laundry In Unit

Exterior

Roof Type Membrane,Rolled/Hot Mop

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Concrete

Schools

Elementary Schools Monroe

Middle Schools Holmes

High Schools Doherty

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by Cushman & Wakefield

Schools and Properties Nearby

At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!

+1(719) 413-6610

brandon@theridgeline.group

1400 16th St, Denver, CO, 80202-1470, USA

33 University DR Colorado Springs, CO 80910