1065 Magnolia Street
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 Feb 21, 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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Construction Materials:Stucco, Wood Siding
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Structure Type:Quadruplex
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Patio And Porch Features:Deck, Patio
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Roof:Membrane
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Common Walls:2+ Common Walls
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Basement:false
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Levels:Two
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Building Area Total:3348
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Building Area Source:Public Records
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Above Grade Finished Area:3348
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Property Attached:true
Interior
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Fireplaces Total:4
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Laundry Features:Common Area
Room Dimensions
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Living Area:3348
Location
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Latitude:38.88752213
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Longitude:-104.80809633
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:63293-13-031
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Zoning:R4
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Lot Size Area:8929
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Lot Size Acres:0.2
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Lot Size SqFt:8929
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Lot Size Units:Square Feet
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Exclusions:N/A
Listing Agent
- Contact info:
- Agent phone:
- (719) 238-9074
- Office phone:
- (303) 292-3700
Taxes
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Tax Year:2023
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Tax Annual Amount:1944
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Tax Legal Description:LOT 10, SELY 1/2 OF LOT 9 BLK 9 CRESTMOOR PARK
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
Schools
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Elementary School:Edison
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Mann
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Middle Or Junior School District:Colorado Springs 11
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Cragmoor
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Senior Community:false
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Association:false
Parking
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Parking Total:6
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Attached Garage:false
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).