1518 N Wahsatch AVE, Colorado Springs, CO 80907
1518 N Wahsatch AVE, Colorado Springs, CO 80907
1518 N Wahsatch AVE, Colorado Springs, CO 80907
1518 N Wahsatch AVE, Colorado Springs, CO 80907
1518 N Wahsatch AVE, Colorado Springs, CO 80907
1518 N Wahsatch AVE, Colorado Springs, CO 80907
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Brandon Lecocq

Brandon Lecocq

+1(719) 413-6610
$ 1,050,000
Est. payment | /mo

5,700 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

5,700 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,700 sqft

Price per Sqft $184

MLS Listing ID 9481962

HOA Y/N No

Year Built 1899

Annual Tax Amount $1,501

Tax Year 2024

Lot Size 0.386 Acres

Acres 0.39

Property Sub-Type Multi Family

Source recolorado

Property Description

1518 N Wahsatch Avenue is a centrally located multifamily investment opportunity positioned within the highly desirable Old North End. The property benefits from strong renter demand driven by its proximity to Downtown Colorado Springs, Colorado College, major employment centers, and recreational amenities throughout the urban core. The surrounding neighborhood offers a blend of historic charm, walkability, and access to dining, retail, and outdoor recreation that continues to attract young professionals, students, military-affiliated tenants, and long-term residents. The area has experienced ongoing residential and mixed-use investment activity as population growth and housing demand continue to support rental fundamentals across the city.

This 7-unit property features a desirable unit mix of (5) two bed and (2) one bed units. This is a rare downtown asset on a large 16,000 SF lot with off street parking and additional garage spaces for tenants. The property has been self-managed for over 30+ years and presents operational upside through recapturing $150+ rental premiums on the flexible month-to-month leases day one.
Investment Highlights: -Premier Downtown location blocks from Colorado College with walkability to Downtown Colorado Springs
-Operational value add with current rents providing $150-$250 premiums as the flexible leases turn
-Well maintained legacy asset with long-term attentive owners
-Desirable unit mix of primarily 2 bedroom units
-Rare opportunity to acquire a Downtown asset with large lot, off street parking, and 6 garages

Location

State CO

County El Paso

Zoning R-4

Interior

Fireplace N

Exterior

Garage Spaces 6.0

Roof Type Composition

Total Parking Spaces 14

Garage No

Building

Sewer Community Sewer

Water Public

Structure Type Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield

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Brandon Lecocq

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

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1518 N Wahsatch AVE

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