Renovated Quadplex with Four
For Sale
Contact for pricing
Pending
3445 Cochran Dr, Colorado Springs, CO 80916
Fully renovated multifamily property with updated interiors, private storage, laundry hookups, and individual air-conditioning units.
Property SizeContact for details
Days on Market143
Property Features for 3445 Cochran Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
7.8%
Amenities
wireless security camera system
individual AC units
in unit washer and dryer hook ups
storage unit
stainless steel appliances
Building Details
Year Built
1985
Year Renovated
2024
Buildings
1
Construction
wood frame
Listing Agency:
Unique Properties, Inc
(214) 616-2695
Listed By:
Elliott Polanchyck · License #CO
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:12PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
This four-unit apartment property was built in 1985 using wood-frame construction beneath a pitched composition-shingle roof. A complete 2024 renovation brought new flooring, white shaker cabinetry, stainless steel appliances, countertops, tiled bathrooms, and updated vanities to the residences. Each unit includes two bedrooms, one bathroom, an individual AC unit, in-unit washer and dryer hookups, and dedicated storage. Recent capital improvements also include new windows, refreshed exterior paint, and a perimeter fence. A wireless security camera system is installed on the property.
The asset produces a reported 7.80% cap rate and offers a consistent four-unit configuration, with each residence sharing the same two-bedroom, one-bathroom layout. The combination of recent interior renovation and exterior upgrades provides a substantially updated physical profile while retaining the existing apartment-building format.
The asset produces a reported 7.80% cap rate and offers a consistent four-unit configuration, with each residence sharing the same two-bedroom, one-bathroom layout. The combination of recent interior renovation and exterior upgrades provides a substantially updated physical profile while retaining the existing apartment-building format.
Key Highlights
- Four‑unit apartment building with four two‑bedroom, one‑bathroom residences
- Complete renovation completed in 2024
- New flooring, shaker cabinets, stainless steel appliances, countertops, and tiled bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
261
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully renovated multifamily property with updated interiors, private storage, laundry hookups, and individual air-conditioning units.
Where is this quadplex located?
The property is located at 3445 Cochran Dr Colorado Springs, CO.
What are key features of this property?
This property features: Four‑unit apartment building with four two‑bedroom, one‑bathroom residences; Complete renovation completed in 2024; New flooring, shaker cabinets, stainless steel appliances, countertops, and tiled bathrooms
