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Four-Unit Apartment Property
For Sale
$700,000

2545-2551 Willamette Ave, Colorado Springs, CO 80904

Four separately addressed apartments share secure entry, laundry access, storage, and private parking.

Property Size750 SF
Price / SF$933.33
Days on Market50

Property Features for 2545-2551 Willamette Ave

General Information

Standard status Active
Size 750 SF
Property subtype Multi-Family

Site & Location

Neighborhood Old Colorado City
Highway Access Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

on-site laundry room
separate storage spaces
xeriscaped landscaping

Building Details

Year Built 1985
Listed By: Area Specialist
Source: Ashfordrealtygroup
Added: Sep 4 Changed: Oct 3 Last Checked: Oct 23 at 7:24AM

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 Area Specialist

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Investment Insights

Based on property information with market context.

This 1985 quadplex contains four 750-square-foot apartments, each configured with 2 bedrooms and 1 bathroom. Individual street addresses provide separate identity for each residence, while a secured common foyer serves as the entry point. On-site features include a laundry room, dedicated storage areas, a large private parking lot, and additional street parking. Exterior improvements include a new roof, fresh paint, and xeriscaped landscaping.

The property is located near Old Colorado City’s shops, restaurants, and farmers market, with access to Garden of the Gods, Red Rock Canyon Open Space, and nearby trails. Connections to I-25, Downtown Colorado Springs, and major employers are also identified as nearby conveniences.

Key Highlights

  • Four 750‑square‑foot units, each with 2 bedrooms and 1 bathroom
  • 1985‑built quadplex with separate street addresses for all four apartments
  • Secured shared foyer, on‑site laundry room, and separate storage for tenants

Property Analytics

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value

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?
Quadplex - Four separately addressed apartments share secure entry, laundry access, storage, and private parking.
Where is this quadplex located?
The property is located at 2545-2551 Willamette Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four 750‑square‑foot units, each with 2 bedrooms and 1 bathroom; 1985‑built quadplex with separate street addresses for all four apartments; Secured shared foyer, on‑site laundry room, and separate storage for tenants
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