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    2028 Friendship Pl Colorado Springs, CO 80904

    For Sale
    $699,999

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.18 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 2028 Friendship Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas, Hot Water(Heating)

    Building Details

    Year built
    1973
    Roof type
    Shingle

    The Cutting Edge (719) 661-1199 [email protected]

    Listing agent Amy Kunce-Martinez (719) 661-1199

    Listing date Dec 1, 2025

    MLS# 5316026 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Side Income Property

    This fully rented income property is located on the west side of Colorado Springs. The building features a stucco and brick exterior, vinyl windows, and a xeriscaped yard. Each of the four units includes 2 large bedrooms and 1 bathroom. Unit 1, located on the lower level, has laminate floors in the main room, granite countertops in the kitchen, stainless steel appliances including a dishwasher, refrigerator, and induction stove, a new backsplash, and tile flooring in the kitchen. The bathroom in Unit 1 features a granite counter, an updated surround in the bathtub, and tile flooring. Unit 2 has brand new carpet, a stainless range/oven, tile flooring in the kitchen, and newer paint. Units 3 and 4 are similar, with granite counters, laminate floors, updated kitchens with stainless steel appliances including a dishwasher and microwave, and a large pantry. The bathrooms in Units 3 and 4 have granite counters, tile floors, and updated tile surrounds. The buildings are well-maintained and have a nice distance between them, with no neighbors in the front. A new coin-operated shared washer and dryer are available for tenant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -104.852612
    Latitude
    38.855907

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    FAQs

    What type of property is this?
    Apartment building - Fully rented four-unit property in Colorado Springs.
    Where is this apartment building located?
    The property is located at 2028 Friendship Pl Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Fully rented income property on the West side.; - Each unit has 2 large bedrooms and 1 bathroom.; - Multiple units feature granite countertops and stainless steel appliances.
    (719) 661-1199
    Request Owner's contact information
    2028 Friendship Pl Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2028 Friendship Pl Colorado Springs, CO 80904
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