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Ground-Level Fourplex with Hardwood Floors
For Sale
$629,900

1409 E Caramillo St, Colorado Springs, CO 80909

Ground-level units offer private entrances, original hardwood flooring, and washer/dryer hookups.

Property Size15,387 SF
Lot Size0.35 Acres
Price / SF$40.94
Days on Market21

Property Features for 1409 E Caramillo St

General Information

Standard status Active
Size 15,387 SF
Lot size 0.35 Acres
Property subtype Multi-Family
Occupancy 75%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

private entrances
washer/dryer hookups
off-street parking
mature trees

Building Details

Year Built 1951
Buildings 1
Construction brick
Listing Agency: Exp Realty LLC
Listed By: Area Specialist
Source: Ashfordrealtygroup
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 30 at 4:05PM

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 Exp Realty LLC

Investment Insights

Based on property information with market context.

This 3,105-square-foot brick fourplex, built in 1951, contains four ground-level 2-bedroom, 1-bath units. Each apartment has a separate entrance, original hardwood flooring, and washer/dryer hookups. Gas and electric service are individually metered, with tenants responsible for their own utilities. The property includes off-street parking, mature trees, and a vacant unit that is move-in ready.

Situated across from Patty Jewett golf course in Golf Club Acres, the property occupies a 15,387 sqft double lot at 1409 E Caramillo St. Three units are occupied under month-to-month arrangements, while the fourth is available for lease-up or an owner occupant. FHA and VA owner-occupant use is identified as an option for the property.

Key Highlights

  • Four 2‑bed/1‑bath units, all on the ground level
  • 3,105‑square‑foot brick fourplex built in 1951
  • 15,387 sqft double lot in Golf Club Acres

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Dental Office Auto Parts 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
75%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
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 - Ground-level units offer private entrances, original hardwood flooring, and washer/dryer hookups.
Where is this quadplex located?
The property is located at 1409 E Caramillo St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Four 2‑bed/1‑bath units, all on the ground level; 3,105‑square‑foot brick fourplex built in 1951; 15,387 sqft double lot in Golf Club Acres
More about this property
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