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Multifamily Property in Cheyenne Canyon

1609 W Cheyenne Road Colorado Springs, CO 80906

1609 W Cheyenne Road, Colorado Springs, CO, 80906
$2,500,000
Pending
For Sale
$2,500,000
Pending

MULTI_FAMILY - Colorado Springs, CO

Lot Size0.74 Acres
Days on Market10

Property Features for 1609 W Cheyenne Road

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Basement
Partial
Standard status
Pending
Lot size
0.74 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3948

Utilities

Heating system
Natural Gas, Hot Water(Heating)

Building Details

Year built
1904
Roof type
Shingle
Listing agency ERA Shields Real Estate
Listed by Alan Wilaby · License #813495
Added: Jul 13 Updated: Jul 22 at 10:17AM Checked: Jul 22 at 6:06PM
MLS# 3488360

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 property features a ten-unit apartment building, a cottage, and two duplexes situated on a 0.74-acre treed, park-like setting adjacent to the stream in Cheyenne Canyon, west of Cresta Road, in a highly desirable area next to the Broadmoor in Colorado Springs, CO. The units are fully leased and have been updated as they become ready to re-lease. The property is available for purchase and the owner is providing rental spreadsheets with income allocations that are available upon request.

Key Highlights

  • 10‑unit apartment building plus a cottage and 2 duplexes on one property
  • All residences are fully leased
  • Units have been updated as they become ready to re‑lease

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

gj SAC Logistics Freight Service

Suggested Use

Dental Office Hair Salon Real Estate Agency Pharmacy Kitchen & Bath Showroom Big Box & Wholesale Store Law Firm Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Ten-unit apartment building, cottage, and duplexes in desirable location.
Where is this apartment building located?
The property is located at 1609 W Cheyenne Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10‑unit apartment building plus a cottage and 2 duplexes on one property; All residences are fully leased; Units have been updated as they become ready to re‑lease
Contact an agent
More about this property
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