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Ground-Level Brick Quadplex
For Sale
$629,900
Pending

1409 E Caramillo Street, Colorado Springs, CO 80909

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.35 Acres
Days on Market48

Property Features for 1409 E Caramillo Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Pending
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2125

Utilities

Heating system Forced Air, Natural Gas

Amenities

washer/dryer hookups

Building Details

Year built 1951
Listing Agency: Exp Realty LLC
Listed By: Jed Johnson · License #100031065
Added: Jul 23 Changed: Sep 5 Last Checked: Sep 8 at 8:06AM
MLS# 3386653

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 brick quadplex contains four ground-level apartments, each with two bedrooms and one bathroom, private entrances, and original hardwood floors. Gas and electric service are separately metered for each unit, with tenants responsible for their own utilities. Every apartment includes washer and dryer hookups, while off-street parking serves the property. Built in 1951, the building occupies a 0.3532-acre double lot with mature trees.

Three apartments are leased on month-to-month arrangements, and the fourth is vacant and move-in ready. The property sits directly across from Patty Jewett golf course and includes frontage on a 15,387-square-foot lot. Its location also provides no facing neighbors, adding separation from surrounding properties.

Key Highlights

  • Four 2‑bed/1‑bath ground‑level units with private entrances
  • 15,387 sqft double lot with 0.3532 acres
  • Gas and electric utilities individually metered by unit

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

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 - Four individually entered units offer separately metered utilities, private access, and in-unit washer and dryer hookups.
Where is this quadplex located?
The property is located at 1409 E Caramillo Street 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 ground‑level units with private entrances; 15,387 sqft double lot with 0.3532 acres; Gas and electric utilities individually metered by unit
More about this property
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