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Updated Quadplex with Flexible Rentals
New
For Sale
$849,000

2809 King Street, Colorado Springs, CO 80904

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market7

Property Features for 2809 King Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Elementary school district Colorado Springs 11
Middle school district Colorado Springs 11
High school district Colorado Springs 11
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2691

Utilities

Heating system Baseboard, Hot Water(Heating)
Cooling system Ceiling Fan(s)

Amenities

balcony/patio
tile baths
fireplaces

Building Details

Year built 1983
Listing Agency: HomeSmart · HomeSmart International
Listed By: Yanshuang Tan · License #FA100092525
Added: Aug 25 Last Checked: Aug 31 at 6:06AM
MLS# 1115848

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 1983 quadplex includes two 2-bedroom/1-bath residences and two 3-bedroom/2-bath residences. Three units have long-term tenants, while one is operating as an Airbnb, creating an established mix of rental arrangements. Unit features include balconies or patios, tile bathrooms, fireplaces, baseboard and hot water heating, and ceiling fans. Recent property improvements include a new roof, exterior paint, gutters, and updated flooring.

The property is located at 2809 King Street in Colorado Springs' Pleasant Valley area, near Garden of the Gods, Old Colorado City, downtown, and major commuter routes. Surface parking provides seven paved spaces, with additional parking available in the south dirt area. The 0.2311-acre site offers a compact multifamily configuration with established residential income activity.

Key Highlights

  • Four‑unit property built in 1983 with a 2‑bedroom/1‑bath and 3‑bedroom/2‑bath unit mix
  • Three long‑term tenants plus one unit operating as an Airbnb
  • New roof, exterior paint, gutters, and updated flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office 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.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

599
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Pleasant Valley with long-term and short-term rental use already in place.
Where is this quadplex located?
The property is located at 2809 King Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Four‑unit property built in 1983 with a 2‑bedroom/1‑bath and 3‑bedroom/2‑bath unit mix; Three long‑term tenants plus one unit operating as an Airbnb; New roof, exterior paint, gutters, and updated flooring
More about this property
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