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Whitney Herzog

whitney@whitneyherzoghomes.com +1(720) 830-4692

$ 690,000

Est. payment | -/mo

8 Beds

4 Baths

3,111 SqFt

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$ 690,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

3,111 SqFt

Key Details

Property Type Other Types

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

Year Built 1969

Property Sub-Type Quadruplex

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

Laundry In Unit

Exterior

Roof Type Membrane,Rolled/Hot Mop

Private Pool No

Building

Story One

Sewer Public Sewer

Schools

School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11

Others

Senior Community No

Tax ID 64154-01-050

Special Listing Condition None Known

Virtual Tour https://www.zillow.com/view-imx/d523a70f-1e28-48c0-8827-32b43e742d11?setAttribution=mls&wl=true&initialViewType=pano

Listed byCushman & Wakefield

Schools and Properties Nearby

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+1(720) 830-4692

whitney@whitneyherzoghomes.com

5600 S Quebec St, Greenwood Village, CO 80111, USA

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33 University DR Colorado Springs, CO 80910