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    4319 Lashelle Ave Colorado Springs, CO 80906

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    For Sale
    $619,000

    Fourplex in Colorado Springs with income and upside potential.

    Lot size:
    0.15 Acres

    Property Features for 4319 Lashelle Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1969

    Source: Cushman & Wakefield Agent Nic Polaski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colorado Springs Fourplex Investment Opportunity

    Located in Colorado Springs, 4319 Lashelle presents an opportunity to acquire a fourplex in the Southside area. The property is situated minutes from Fort Carson, major retail corridors, and national grocery chains. Recent capital improvements include fresh exterior paint and low-maintenance xeriscaping. Each unit is separately metered for electric. The property has maintained solid occupancy with long-term tenants. Off-street parking is available for tenants. Opportunities exist to increase value by raising rents to market levels, implementing RUBS for utility reimbursement, and adding coin operated laundry machines.
    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 Building Supply 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
    -104.7955731
    Latitude
    38.7689466

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Colorado Springs with income and upside potential.
    Where is this quadplex located?
    The property is located at 4319 Lashelle Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: - Fourplex in rapidly appreciating Southside Colorado Springs.; - Minutes from Fort Carson, major retail, and national grocery chains.; - Immediate income with long-term upside potential.
    (719) 238-9074
    Request Owner's contact information
    4319 Lashelle Ave Colorado Springs, CO 80906
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    Colorado Springs, CO 80906
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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
    4319 Lashelle Ave Colorado Springs, CO 80906
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