Updated Quadplex with Separate
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 Market18
Property Features for 329 S Murray Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Walk-Out Access, Full
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:
Realty One Group Apex
(833) 764-2739
Listed By:
Kerri Kilgore CRS MRP SFR SRES · License #EA100034455
(719) 640-7669
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 30 at 11:06AM
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.
Built in 1974, this four-unit residential income property at 329 S Murray Boulevard offers individually separated mechanical systems across the residences. Every unit has its own furnace and water heater, along with a stackable washer/dryer. The property also features a shingle roof, forced-air heating, and ceiling fan cooling. A new roof was installed in 2026, while the furnaces and water heaters have been updated within approximately the last four years. Tenants pay all utilities, supporting clearer operating-cost allocation. The 0.2208-acre property is positioned along the Murray Boulevard corridor in Colorado Springs, with access to employment, shopping, transportation, and major thoroughfares. The four-unit configuration provides multiple residential income streams within a single asset.
Key Highlights
- Four‑unit property built in 1974
- New roof installed in 2026
- Furnaces and water heaters updated within approximately the last four years
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes its own furnace, water heater, and stackable laundry appliances.
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 built in 1974; New roof installed in 2026; Furnaces and water heaters updated within approximately the last four years
