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Fourplex with Updated Units
For Sale
$565,000

4060 airport Road, Colorado Springs, CO 80910

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.20 Acres
Days on Market56

Property Features for 4060 airport Road

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2038

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1971
Listing Agency: HomeSmart · HomeSmart International
Listed By: Raphael Shattenkirk
Added: Jun 29 Changed: Aug 19 Last Checked: Aug 23 at 4:06PM
MLS# 8176603

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 well-maintained fourplex offers four separate 2-bedroom, 1-bath units. The property has been recently improved with updated units, and major systems are reported to be in good shape, including a new roof installed within the last year. Current occupancy includes two units occupied, with the remaining units available for leasing.

Situated in Colorado Springs, the property is described as having convenient access to shopping, employment centers, schools, and major transportation routes. The surrounding area is positioned to support ongoing tenant demand, with recent leasing activity noted in the listing.

For investors or owner-operators looking for a residential income property, this configuration provides multiple entry points for leasing within a single asset. The mix of existing occupancy plus additional units supports a practical approach to stabilizing rents through leasing momentum, while the documented capital updates can help reduce near-term maintenance uncertainty. The fourplex format and unit count also make it straightforward to manage tenant turnover and unit readiness as availability changes over time.

Key Highlights

  • Well‑maintained fourplex built in 1971 with four 2 bed, 1 bath units
  • New roof installed within the last year; major systems reported to be in good shape
  • Recently improved units; two units currently occupied for immediate rental income

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Spa & Massage Center Nail Salon Hair Salon

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
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 80910, CO

30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
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 - Well-maintained fourplex with four two-bedroom units, recently improved, including a new roof within the last year.
Where is this quadplex located?
The property is located at 4060 airport Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Well‑maintained fourplex built in 1971 with four 2 bed, 1 bath units; New roof installed within the last year; major systems reported to be in good shape; Recently improved units; two units currently occupied for immediate rental income
More about this property
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