Listing Agency: Hammond/Walters Real Estate Inc Show Phone

Listed By: Michael Kent Hammond Show Phone

Source: Exprealty

Added: Mar 27 Changed: Aug 30 Last Checked: Aug 31 at 6:01PM

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Investment Insights

Based on property information with market context.

This multifamily property at 2625 King St in Colorado Springs, CO has received several documented system replacements. The roof was replaced in December 2025, the boiler was replaced in 2023, and the water heater was replaced in 2024.

Key Highlights

• Multifamily property at 2625 King St, Colorado Springs, CO
• Roof replaced in December 2025
• Boiler replaced in 2023

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Law Firm Daycare Center Catering Service (Bike/Boat/Book/etc) Store Nursing Home

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

1,001

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Recent roof, boiler, and water-heater replacements provide documented updates to key building systems.

Where is this multifamily property located?

The property is located at 2625 King St Colorado Springs, CO.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Multifamily property at 2625 King St, Colorado Springs, CO; Roof replaced in December 2025; Boiler replaced in 2023