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Large Duplex on One Lot

6735 Hampton Drive Colorado Springs, CO 80918

New
6735 Hampton Drive, Colorado Springs, CO, 80918
$699,900
For Sale
$699,900

MULTI_FAMILY - Colorado Springs, CO

Property Size4,600 SF
Lot Size0.25 Acres
Price / SF$152.15
Days on Market5

Property Features for 6735 Hampton Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Fireplace
1
Basement
Full
Standard status
Active
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2323

Utilities

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

Building Details

Year built
1973
Roof type
Shingle
Listing Agency The Platinum Group
6760 Corporate Dr. Ste. 300, Colorado Springs, CO
Listed by Brian Sink · License #100075157
Added: Jul 13 Checked: Jul 17 at 5:06 pm
MLS# 9488524 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.


Investment Insights

Based on property information with market context.

This property consists of two homes on one lot, configured as a duplex with each side featuring two living rooms, three bedrooms, and two baths. One unit includes a brick fireplace, and both homes offer a large private yard and a garage parking space. Washer and dryer hook-ups are provided, and the layout includes a very large en-suite bedroom in the basement. The units have fresh paint and carpet, along with updated lighting and hardware, and both units are currently vacant and ready for immediate occupancy.

The property is located in Colorado Springs and described as being in a centrally located, mature neighborhood with quick access to I-25 and nearby major roads, including Academy Boulevard and Woodmen Road. Gas and electric are separately metered, while water is not metered separately and would need to be built into rents.

For sale as a duplex with both sides refreshed, the property provides a larger-than-average duplex configuration with washer/dryer hook-ups and turnkey interior condition for an owner-occupant or investor.

Key Highlights

  • Basically two houses on one lot: each side has nearly 2,300 SF with two living rooms, 3 bedrooms, and 2 bathrooms.
  • Brick fireplace in one unit plus a basement en suite bedroom described as very large.
  • Natural gas forced‑air heat; cooling includes ceiling fan(s). Roof is shingle.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $91.1k $19.80
− Vacancy −$4.7k −$1.03
EGI $86.3k $18.77
− OpEx −$25.9k −$5.63
NOI $60.4k $13.14
4,600 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$863.4K
$755.5K – $1.01M (±1% cap)
NOI $60,441 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$799.3K
$699.4K – $932.6K (±1% cap)
NOI $55,953 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,300 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two separately metered units each offer multiple living areas, three bedrooms, private yards, and garage parking.
Where is this duplex located?
The property is located at 6735 Hampton Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Basically two houses on one lot: each side has nearly 2,300 SF with two living rooms, 3 bedrooms, and 2 bathrooms.; Brick fireplace in one unit plus a basement en suite bedroom described as very large.; Natural gas forced‑air heat; cooling includes ceiling fan(s). Roof is shingle.
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