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15-Unit Apartment Property
New
For Sale
$1,595,000

3146 West Colorado Avenue, Colorado Springs, CO 80904

Three residential buildings occupy two parcels in Old Colorado City, with MX-M zoning.

Property SizeContact for details
Days on Market5

Property Features for 3146 West Colorado Avenue

General Information

Standard status Active
Property subtype Investment, Multifamily
Zoning MX-M
Net Operating Income $102,282

Site & Location

Neighborhood Old Colorado City

Additional Details

Multifamily Units 15

Building Details

Buildings 3
Listing Agency:
Listed By: Brandon Langiewicz, SIOR
Source: Hoffleigh
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:02PM

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 Brandon Langiewicz, SIOR

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Investment Insights

Based on property information with market context.

This historic multifamily property contains 15 residential units in three buildings on two parcels. MX-M zoning applies, and the property has undergone capital improvements within the past five years.

The property is in Old Colorado City, between downtown Colorado Springs and Manitou Springs. Safeway and Planet Fitness are across the street; Garden of the Gods Park and Red Rock Canyon Open Space are each less than a mile away.

Key Highlights

  • 15 residential units across three buildings
  • Two parcels in Old Colorado City
  • MX‑M zoning

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

886
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Three residential buildings occupy two parcels in Old Colorado City, with MX-M zoning.
Where is this apartment building located?
The property is located at 3146 West Colorado Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 15 residential units across three buildings; Two parcels in Old Colorado City; MX‑M zoning
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