1609 W Cheyenne Road, Colorado Springs, CO 80906

Building Details

Year built

1904

Roof type

Shingle

Listing agent Alan Wilaby License #813495 Show Phone

Listing office ERA Shields Real Estate b***@erashields.com 6385 Corporate Drive, Ste 301, Colorado Springs, CO Show Phone

Listing date May 12, 2026

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MLS# 3488360 Listing URL

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This property features a ten-unit apartment building, a cottage, and two duplexes situated on a 0.74-acre treed, park-like setting adjacent to the stream in Cheyenne Canyon, west of Cresta Road, in a highly desirable area next to the Broadmoor in Colorado Springs, CO. The units are fully leased and have been updated as they become ready to re-lease. The property is available for purchase and the owner is providing rental spreadsheets with income allocations that are available upon request.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Gym & Fitness Center Skin Care Clinic Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Colorado Springs

County

El Paso

State

Colorado

Longitude

-104.857167

Latitude

38.794062

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FAQs

What type of property is this?

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

Where is this apartment building located?

The property is located at 1609 W Cheyenne Road Colorado Springs, CO.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Multiple income‑generating residences: ten‑unit apartment building, cottage, and two duplexes.; Prime location next to Broadmoor and adjacent to Cheyenne Canyon.; Fully leased units provide immediate cash flow.