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Renovated 10-Unit Apartment Building
For Sale
$1,375,000
Pending

1415 S Corona, Colorado Springs, CO 80905

Fully renovated multifamily property near transportation, dining, retail, and grocery amenities.

Property SizeContact for details
Days on Market160

Property Features for 1415 S Corona

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,368

Building Details

Year Built 1962
Listing Agency: CUSHMAN & WAKEFIELD
Listed By: LEE WAGNER · License #100084704
Source: Corcoran
Added: May 12 Changed: Oct 16 Last Checked: Oct 16 at 9:26AM

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

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Investment Insights

Based on property information with market context.

Built in 1962, this 10-unit apartment property at 1415 S Corona Avenue has undergone a full renovation with updates throughout the asset. Nine of the ten units are currently leased, providing an established occupancy base within the residential property.

The property is near Hwy 25 and Downtown Colorado Springs, with access to nearby dining, retail, grocery, schools, and transportation routes. Nearby destinations identified include Prime 25, Lululemon, Verda Spa, and two major grocery stores, including Sprouts Farmers Market.

Key Highlights

  • 10‑unit apartment property at 1415 S Corona Avenue
  • Fully renovated with upgrades throughout
  • Nine of ten units currently leased

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

677
Businesses Nearby

Demographics for 80905, CO

17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated multifamily property near transportation, dining, retail, and grocery amenities.
Where is this apartment building located?
The property is located at 1415 S Corona Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 10‑unit apartment property at 1415 S Corona Avenue; Fully renovated with upgrades throughout; Nine of ten units currently leased
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