$ 650,000 $ 679,000 4.3%

3681 Michigan AVE

Colorado Springs, CO 80910

  • 7,800 Lot Size
  • 1969 Year Built
Well-Maintained 4-Unit Investment Property with Strong Rental History

This fully leased 4-unit complex offers a solid investment opportunity with stable, long-term tenants—no vacancies over the past three years. Each lease has been recently renewed, ensuring continued cash flow. Three of the four units have been thoughtfully renovated and feature updated appliances for modern living.

Additional amenities include two dedicated storage units per apartment, providing valuable extra space. All utilities are billed back to tenants, maximizing net operating income. There is also a Common Storage are and Coin operated Laundry area.

Ideally located near the Amazon Distribution Center and Fort Carson, the property offers convenient access to major employment hubs—making it highly attractive to renters.
Listed by Exp Realty LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $650,000

    Property Type Multi-Family

    Sub Type Fourplex

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 9217803

    Sold Date 09/17/25

    Construction Status Existing

    HOA Y/N No

    Year Built 1969

    Annual Tax Amount $1,868

    Tax Year 2024

    Lot Size 7,800 Sqft

    Property Sub-Type Fourplex

  • Location

    State CO

    County El Paso

    Area Park Hill

  • Building

    Water Municipal

    Structure Type Framed on Lot

    Construction Status Existing

  • Interior

    Cooling None

    Laundry None

  • Exterior

    Garage Spaces 6.0

    Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

  • Schools

    School District Colorado Springs 11

  • Others

    Special Listing Condition Not Applicable

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Check for similar Multi-Familys at price around $650,000 in Colorado Springs,CO

CONTACT

Bryan Decker
Bryan Decker

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