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Four-Unit Quadplex with Updates
New
For Sale
$700,000

2545-2551 WILLAMETTE Avenue, Colorado Springs, CO 80904

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 2545-2551 WILLAMETTE Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2308

Utilities

Heating system Forced Air

Amenities

on-site laundry room
separate storage spaces
xeriscaped landscaping

Building Details

Year built 1985
Listing Agency: Keller Williams Action Realty, LLC · Keller Williams Realty
Listed By: Sarah Futa
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 4 at 9:06AM
MLS# 1462122

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.

Investment Insights

Based on property information with market context.

This 1985 quadplex includes four 750-square-foot apartments, each configured with two bedrooms and one bathroom. The residences are arranged around a secure shared foyer, and each has its own street address. On-site features include a laundry room, separate storage areas, a large private parking lot, and additional street parking. Forced-air heating serves the building.

Recent exterior work includes a new roof and paint, while xeriscaped landscaping reduces ongoing maintenance needs. The property is located near Old Colorado City shops, restaurants, and its farmers market, with access to Garden of the Gods, Red Rock Canyon Open Space, nearby trails, I-25, and Downtown Colorado Springs.

Key Highlights

  • Four 750 sq. ft. units, each with 2 bedrooms and 1 bathroom
  • Each apartment has its own street address
  • Secure shared foyer, on‑site laundry room, and separate storage spaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Daycare Center Law Firm Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has its own street address, with shared laundry and storage facilities.
Where is this quadplex located?
The property is located at 2545-2551 WILLAMETTE Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four 750 sq. ft. units, each with 2 bedrooms and 1 bathroom; Each apartment has its own street address; Secure shared foyer, on‑site laundry room, and separate storage spaces
More about this property
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