2115 Preuss Road
Colorado Springs, CO 80910
- – beds
- – baths
- 3,573 sqft
- 9,270 sqft lot
- $233 per sqft
- 1969 build
- – on site
2115 Preuss Rd, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades, including new windows, a refreshed painted exterior, and a perimeter fence. Additional enhancements in 2025 include an electric panel replacement, a newly paved driveway, sidewalk, and patio area, as well as xeriscaping for improved curb appeal and low-maintenance landscaping. This property also comes equipped with a wireless security camera system. Each unit offers additional storage units for personalized comfort. With its prime location, 2115 Preuss Rd presents a turnkey investment opportunity with immediate cash flow. This property offers a 7.73% cap rate and 9.32% cash-on-cash return!
Last checked:
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Last updated Apr 11, 2025
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MLS# 9943254 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1969
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Construction Materials:Stucco
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Structure Type:Quadruplex
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Roof:Architecural Shingle
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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:3573
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Building Area Source:Public Records
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Above Grade Finished Area:3573
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Property Attached:true
Interior
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Flooring:Vinyl
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Laundry Features:Common Area
Room Dimensions
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Living Area:3573
Location
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Latitude:38.81944923
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Longitude:-104.78867861
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:64212-26-007
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Zoning:R5
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Lot Size Area:9270
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Lot Size Acres:0.21
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Lot Size SqFt:9270
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Lot Size Units:Square Feet
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Exclusions:Seller and Tenants personal property.
Listing Agent
- Contact info:
- Agent phone:
- (781) 733-3732
- Office phone:
- (303) 321-5888
Taxes
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Tax Year:2024
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Tax Annual Amount:1567
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Tax Legal Description:LOT 22 BLK 12 THE NLY PORTION OF BLK 12 + LOTS 11 + 12 IN SUB OF BLK 12 + THAT PORTION OF LOT 1 BLK 11 IN PROSPECT PARK SUB 1 COLO SPGS
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Hunt
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Academy for Advanced and Creative Learning
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Middle Or Junior School District:Colorado Springs 11
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High School:Palmer
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Prospect Park
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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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).