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    Colorado Springs Multifamily Investment Opportunity
    Updated: May 29, 2025
    Colorado Springs Multifamily Investment Opportunity

    3925 E San Miguel Street, Colorado Springs, CO 80909

    $2,160,000
    13,574 sqft
    Strong rental upside with month‑to‑month leases and recently signed leases achieving high rental rates.
    Desirable unit mix with over 50% two‑bedroom units.
    Prime location: Just 10 minutes from downtown and walking distance to Citadel Mall and shopping centers.
    Recent capital improvements: repaved parking lot, remodeled exterior, and upgraded common areas.
    Opportunity to implement RUBs (Ratio Utility Billing System) for increased NOI (Net Operating Income).
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    This listing looks promising.

    Here's a quick look at some key insights for

    3925 E San Miguel Street, Colorado Springs, CO 80909

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $165K
      Annual

    • Price @ 7% Cap

      $2.35M
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1965
    View Property Analytics
    Downtown Colorado Springs Five-Plex
    Updated: May 27
    Downtown Colorado Springs Five-Plex

    514 N Wahsatch Avenue, Colorado Springs, CO 80903

    $999,900
    0.22 AC lot
    Rare 5‑plex within walking distance of Downtown Colorado Springs and Colorado College
    Every unit has a garage
    Plenty of additional off‑street parking
    Low‑maintenance zero‑scape landscaping
    Forced air heating
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    Multifamily Property with Separate Entrances
    Multifamily Property with Separate Entrances

    11 Bonfoy Avenue, Colorado Springs, CO 80909

    $600,000
    0.20 AC lot

    Units feature separate entrances, mini-splits, fenced yards, balconies, and updated electrical, plus on-site coin laundry.

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    Multi-Unit Cottage Compound
    Multi-Unit Cottage Compound

    102 Holly Street, Colorado Springs, CO 80904

    $1,795,000
    0.65 AC lot

    Seven cottages and two homes on four R2-zoned parcels support a mixed long- and short-term rental setup.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multifamily Property in Cheyenne Canyon
    Multifamily Property in Cheyenne Canyon

    1609 W Cheyenne Road, Colorado Springs, CO 80906

    $2,500,000
    0.74 AC lot

    Ten-unit apartment building, cottage, and duplexes in desirable location.

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    Colorado Springs Apartment Building Portfolio
    Colorado Springs Apartment Building Portfolio

    1320 Potter Dr, Colorado Springs, CO 80909

    $10,007,000
    45,853 sqft

    Apartment building with 82 one-bedroom and 1 two-bedroom units.

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    Multifunctional Property Near Citadel Mall
    Multifunctional Property Near Citadel Mall

    2850 W Serendipity Cir, Colorado Springs, CO 80917

    $1,499,000
    1.18 AC lot

    Eight units customizable for clinics, offices, or school spaces.

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    Multifamily Community in Colorado Springs
    Multifamily Community in Colorado Springs

    105 S Academy Blvd, Colorado Springs, CO 80910

    Contact for pricing
    5.18 AC lot

    150-unit multifamily community with value-add potential in growing submarket.

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    Stabilized Multifamily Investment Opportunity
    Stabilized Multifamily Investment Opportunity

    1518 South Corona Avenue, Colorado Springs, CO 80905

    $925,000
    2,915 sqft

    Multifamily property in Colorado Springs with immediate income.

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    7-Unit Multifamily with Garage Parking
    7-Unit Multifamily with Garage Parking

    1518 N Wahsatch Ave, Colorado Springs, CO 80907

    $1,050,000

    Seven-unit mix of primarily two-bed apartments with off-street parking and tenant garages in the Old North End.

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    Historic 7-Unit Apartment Building
    Historic 7-Unit Apartment Building

    1224 N Weber St, Colorado Springs, CO 80903

    $930,000

    Seven-unit, two-story building with vintage character and off-street parking, blocks from Colorado College with high walkability.

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    23-Unit Apartment Building For Sale
    23-Unit Apartment Building For Sale

    2631 W Pikes Peak Ave, Colorado Springs, CO 80904

    $2,288,500

    23-unit apartment building in the heart of Old Colorado City.

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    100-Unit Multifamily Community
    100-Unit Multifamily Community

    1430-1470 S Chelton Rd, Colorado Springs, CO 80910

    Contact for pricing

    100-unit multifamily community in Colorado Springs, built in 1983.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in El Paso County, CO, we suggest exploring several alternatives: similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details

    Off-Market Properties in El Paso County, CO

    Consider similar Off-Market properties in El Paso County, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    918 Teal Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    918 Teal Ct, Colorado Springs, CO 80910-2359

    $880,000
    Estimated value
    3,360 sqft 0.35 AC lot
    View details
    110 Coleridge Ave
    HIGH-RISE APARTMENTS

    110 Coleridge Ave, Colorado Springs, CO 80909-7713

    $2,145,000
    Estimated value
    8,376 sqft 8.92 AC lot
    View details
    2631 Pike Peak Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2631 Pike Peak Ave, Colorado Springs, CO 80904-6001

    $1,200,000
    Estimated value
    6,250 sqft 0.79 AC lot
    View details
    844 Monument St
    APARTMENT HOUSE (UNDER 5 UNITS)

    844 Monument St, Colorado Springs, CO 80903-2824

    Value Estimation by Request
    1,089 sqft 0.18 AC lot
    View details
    9 25th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    9 25th St, Colorado Springs, CO 80904-2620

    Value Estimation by Request
    1,239 sqft 0.08 AC lot
    View details
    2309 Monument St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2309 Monument St, Colorado Springs, CO 80904

    Value Estimation by Request
    1,007 sqft 0.26 AC lot
    View details
    1126 Manitou Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1126 Manitou Ave, Manitou Springs, CO 80829-1736

    $850,000
    Estimated value
    1,916 sqft 0.34 AC lot
    View details
    30 Iowa Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    30 Iowa Ave, Colorado Springs, CO 80909-5950

    Value Estimation by Request
    1,463 sqft 0.42 AC lot
    View details
    203 Cheyenne Ave, Unit 209
    APARTMENT HOUSE (UNDER 5 UNITS)

    203 Cheyenne Ave, Colorado Springs, CO 80903-1119

    Unit 209
    Value Estimation by Request
    1,829 sqft 0.57 AC lot
    View details
    318 Tejon St
    APARTMENT HOUSE (UNDER 5 UNITS)

    318 Tejon St, Colorado Springs, CO 80903-1224

    $1,185,000
    Estimated value
    980 sqft 0.03 AC lot
    View details
    2125 Pepper Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    2125 Pepper Ct, Colorado Springs, CO 80904-2253

    Value Estimation by Request
    1,392 sqft 0.17 AC lot
    View details

    El Paso County, CO Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in El Paso County, CO, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 62,342 square feet of properties for sale, with an estimated market value of $13,092,000.

    Sale prices for two-family homes in El Paso County, CO start at $925,000, averaging $4,364,000, and reaching up to $10,007,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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