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Multifamily Property with Garages
For Sale
$400,000

2423 E St Vrain, Colorado Springs, CO 80909

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.48 Acres
Days on Market64

Property Features for 2423 E St Vrain

General Information

Property type Residential Multi Family
Property subtype Other
Basement Partial
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1560

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)

Building Details

Year built 1928
Roof type Shingle
Listing Agency: HomeSmart · HomeSmart International
Listed By: Rowena Riley ABR GRI
Added: Jul 7 Changed: Aug 19 Last Checked: Sep 8 at 9:06AM
MLS# 6799392

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 multifamily property at 2423 E St Vrain is currently rented as 6 bedrooms and includes 3-car detached garages with additional storage on the lot. The property is situated on 0.4804 acres and carries R5 zoning. Built in 1928, the improvements feature forced-air heating, ceiling fan cooling, and a shingle roof. The property is being offered in its current AS IS condition.

Key Highlights

  • Current rental configuration includes 6 bedrooms
  • 3‑car detached garages provide covered vehicle storage
  • Additional storage space is available on the lot

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Food Market (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,641
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - R5-zoned property with current rental use, detached garages, and additional lot storage.
Where is this multifamily property located?
The property is located at 2423 E St Vrain Colorado Springs, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Current rental configuration includes 6 bedrooms; 3‑car detached garages provide covered vehicle storage; Additional storage space is available on the lot
More about this property
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