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    211 University Dr Colorado Springs, CO 80910

    For Sale
    $735,000

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.18 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 211 University Dr

    General Information

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

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1969
    Roof type
    Shingle

    HomeSmart Realty Group (303) 858-8100 [email protected]

    Listing agent Michael Dillon (719) 447-5754

    Listing date Aug 12, 2025

    MLS# 3955868 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

    Updated Four-Unit Multifamily Property

    This multifamily property features four units, each containing two bedrooms and one bathroom. The units offer an open kitchen and living room concept. All units have been updated and remodeled, and are fully furnished. Each unit is equipped with forced air heating and central air conditioning. The property is centrally located near shopping, restaurants, and transportation. It is also located less than 20 minutes from both Peterson Air Force Base and Fort Carson. The property has a solid rental history and sits on a 0.1799-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

    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
    -104.762296
    Latitude
    38.827795

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    FAQs

    What type of property is this?
    Quadplex - Tastefully updated and fully furnished four-unit multifamily property.
    Where is this quadplex located?
    The property is located at 211 University Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: - Solid income property with a proven rental history.; - Four fully furnished units, each with 2 bedrooms and 1 bath.; - Tastefully updated/remodeled units.
    (719) 447-5754
    Request Owner's contact information
    211 University Dr Colorado Springs, CO 80910
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    211 University Dr
    Colorado Springs, CO 80910
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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
    211 University Dr Colorado Springs, CO 80910
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