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33 University Dr Colorado Springs, CO 80910

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For Sale
$690,000

Four-unit multifamily asset in Southeast Colorado Springs, renovated in 2021.

Type:Investment
Property size:
3,111 SF
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 4:04 pm

Property Features for 33 University Dr

General Information

Standard status
Active
Size
3,111 SF
Property subtype
Investment

Building Details

Year Built
1969

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Listing Contact
Nic Polaski

Listing agent Nic Polaski License #100099164

Listing office CUSHMAN & WAKEFIELD

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of CUSHMAN & WAKEFIELD


Overview

Colorado Springs Multifamily Investment Property

Located in Southeast Colorado Springs, 33 University Drive is a 4-unit multifamily property. Constructed in 1969 and renovated in 2021, the property contains 3,111 square feet. All four units feature a 2-bedroom, 1-bath layout. The property benefits from its positioning in the affordable rent segment of the Colorado Springs market, strong tenant demand, and proximity to retail, convenience, and employment areas. The location has a walk score of 63, indicating it is somewhat walkable, a bike score of 47, indicating it is somewhat bikeable, and a transit score of 39, indicating some transit options are available. This investment offers a balance of in-place cash flow paired with recent renovation upside. The property presents an opportunity for stable income with long-term appreciation potential.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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
-104.762287
Latitude
38.8306918

FAQs

What type of property is this?
Quadplex - Four-unit multifamily asset in Southeast Colorado Springs, renovated in 2021.
Where is this quadplex located?
The property is located at 33 University Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Four‑unit multifamily asset providing in‑place cash flow.; Renovated in 2021, offering potential for increased value.; All units are 2‑bedroom, 1‑bath layouts, appealing to a broad tenant base.
More about this property
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