Updated Four-Unit
For Sale
$700,000
329 S Murray Boulevard, Colorado Springs, CO 80916
Residential Income, Colorado Springs, CO
Property SizeContact for details
Lot Size0.22 Acres
Days on Market64
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 329 S Murray Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Full, Walk-Out Access
Elementary school district
Colorado Springs 11
Middle school district
Colorado Springs 11
High school district
Colorado Springs 11
Standard status
Active
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2161
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Amenities
stackable washer/dryer
Building Details
Year built
1974
Roof type
Shingle
Listing Agency:
The Colorado Property Pros
(719) 640-7669
Listed By:
Kerri Kilgore CRS MRP SFR SRES · License #EA100034455
(833) 764-2739
Added: Aug 13
Changed: Oct 1
Last Checked: Oct 15 at 5:06PM
MLS# 8748635
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 four-unit residential income property was built in 1974 on a 0.2208-acre site. Each residence has its own forced-air furnace and water heater, along with a stackable washer and dryer. Major property components include a shingle roof installed in 2026 and furnaces and water heaters updated within approximately the last four years. Ceiling fans provide cooling in the units.
The property is located on South Murray Boulevard in Colorado Springs, with access to employment, shopping, transportation, and major thoroughfares. Tenants are responsible for all utilities. The property information also cites a 7%+ cap rate and reports a next lease expiration in February 2027; occupancy details are not summarized because the source contains conflicting statements regarding the current status of the fourth unit.
The property is located on South Murray Boulevard in Colorado Springs, with access to employment, shopping, transportation, and major thoroughfares. Tenants are responsible for all utilities. The property information also cites a 7%+ cap rate and reports a next lease expiration in February 2027; occupancy details are not summarized because the source contains conflicting statements regarding the current status of the fourth unit.
Key Highlights
- Four‑unit property on a 0.2208‑acre site
- New shingle roof installed in 2026
- Furnaces and water heaters updated within approximately the last four years
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Explore this area
Business Placement
Demographics for 80916, CO
39,990
Population
15,464
Households
2.6
Avg Household Size
30
Median Age
18%
College-Educated
88%
High-School Grad
18.4 sq mi
ZIP Area
2,173
Density / Sq Mi
$63,399
Median Household Income
$37,708
Median Earnings
$1,505
Median Rent
$289,500
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences offer individual heating, water heating, and in-unit laundry equipment.
Where is this quadplex located?
The property is located at 329 S Murray Boulevard 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‑unit property on a 0.2208‑acre site; New shingle roof installed in 2026; Furnaces and water heaters updated within approximately the last four years
