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7-Unit Multifamily with Garage Parking

1518 N Wahsatch Ave, Colorado Springs, CO 80907

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For Sale

$1,050,000

Seven-unit mix of primarily two-bed apartments with off-street parking and tenant garages in the Old North End.

Type:Commercial

HighLights

7‑unit multifamily property (built 1899) in Colorado Springs’ Old North End.
Unit mix: (5) 2‑bedroom and (2) 1‑bedroom apartments.
Located on a 16,000 SF lot with off‑street parking and 6 garage spaces for tenants.
Self‑managed by the current owners for 30+ years.
Flexible month‑to‑month leases with stated $150+ rental premiums recapturable day one (as described).
WalkScore 69 and bikeScore 62 (transitScore 29) reported for the area.

We can help!

Listing Contact

Nic Polaski

Learn more

For Sale

$1,050,000

Seven-unit mix of primarily two-bed apartments with off-street parking and tenant garages in the Old North End.

Type:Commercial

Added:: Jun 7, 2026
Days on Market:: 5
Last Refresh:: Jun 10 at 2:13 am

Property Features for 1518 N Wahsatch Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1899

We can help!

Listing Contact

Nic Polaski

Listing agent Nic Polaski License #100099164

Listing office CUSHMAN & WAKEFIELD

Listing date Jun 7, 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

HighLights

7‑unit multifamily property (built 1899) in Colorado Springs’ Old North End.
Unit mix: (5) 2‑bedroom and (2) 1‑bedroom apartments.
Located on a 16,000 SF lot with off‑street parking and 6 garage spaces for tenants.
Self‑managed by the current owners for 30+ years.
Flexible month‑to‑month leases with stated $150+ rental premiums recapturable day one (as described).
WalkScore 69 and bikeScore 62 (transitScore 29) reported for the area.

Overview

1518 N Wahsatch Avenue is a centrally located 7-unit multifamily property in Colorado Springs’ Old North End. The unit mix includes five two-bedroom units and two one-bedroom units. The property sits on a large 16,000 SF lot and includes off-street parking plus additional garage spaces for tenants. The building has been self-managed for 30+ years, reflecting a long-tenured owner/operator approach to day-to-day operations.

The location supports a tenant base drawn to walkable, urban-core access and proximity to Downtown Colorado Springs and Colorado College. The surrounding area offers access to dining, retail, and recreational amenities, and it is described as attracting a blend of young professionals, students, military-affiliated tenants, and long-term residents. Bike score is noted at 62 (Bikeable) and walk score at 69 (Somewhat Walkable), with a transit score of 29.

For buyers and operators seeking a downtown residential income asset, the primary consideration is the existing unit configuration, with a majority of two-bedroom layouts. The property’s current flexible month-to-month leases may provide an opportunity for rent optimization as leases turn, as referenced in the remarks, alongside the convenience of on-site off-street parking and tenant garages.

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Local Demand

City: Colorado Springs
County: El Paso
State: Colorado
Longitude: -104.8174706
Latitude: 38.8555484

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For sale
Apartment buildings
CO
Colorado Springs
80907
1518 N Wahsatch Ave

What type of property is this?

Apartment building - Seven-unit mix of primarily two-bed apartments with off-street parking and tenant garages in the Old North End.

Where is this apartment building located?

The property is located at 1518 N Wahsatch Ave Colorado Springs, CO.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: 7‑unit multifamily property (built 1899) in Colorado Springs’ Old North End.; Unit mix: (5) 2‑bedroom and (2) 1‑bedroom apartments.; Located on a 16,000 SF lot with off‑street parking and 6 garage spaces for tenants.