1065 Magnolia St
Colorado Springs, CO 80907
- 8 beds
- 4 baths
- 3,348 sqft
- 8,929 sqft lot
- $201 per sqft
- 1971 build
- – on site
PERFECT INVESTMENT OPPORTUNITY NEAR UCCS! Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with one vacant unit, situated near the University of Colorado, Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This well-maintained 4-plex is positioned for long-term value appreciation and offers the potential for strong returns to investors seeking stable income in a high-demand market. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs, particularly in proximity to UCCS and I-25.
Last checked:
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Last updated Mar 11, 2025
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MLS# 3489024 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1971
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New Construction:false
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Construction Materials:Stucco
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Total SqFt:3,348 Sqft
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# of Units Total:4
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Building Area Total:3348
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Roof:Rubber
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Levels:Two
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Stories:2
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Patio And Porch Features:Patio
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Above Grade Finished Area:3348
Interior
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Fireplace:true
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Fireplace Features:2+ Fireplaces
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Laundry Features:Common Area
Room Dimensions
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Living Area:3348
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-104.808098, 38.887524
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Latitude:38.887524
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Longitude:-104.808098
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Acres:0.2
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Lot Size SqFt:8,929 Sqft
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Lot Size Area:8929
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Lot Size Units:Square Feet
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Zoning:R4
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Exclusions:N/A
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Horse:false
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Waterfront:false
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,944
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Baseboard
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Heating:true
Utilities
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Sewer:City Sewer
Schools
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Elementary School:Edison
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Middle School:Mann
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Association:false
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Subdivision Name:Cragmoor
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:6
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Garage:true
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Garage Type:Off Street
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Attached Garage:false
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Covered Spaces:6
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
|
Pending | IRES | $675,000 | |
|
2/21/25
Feb 21, 2025
|
Listed / Active | IRES | $675,000 |
