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Duplex Near Fort Carson

366 Greensboro S Colorado Springs, CO 80906

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Duplex near Fort Carson with value-add opportunity.

Type:Multifamily
Property size:
1,536 SF
Price / SF:
$211.59/SF
Added:
Feb 17, 2026
Days on Market:
146
Last Refresh:
Jul 2 at 8:27 am

Property Features for 366 Greensboro S

General Information

Standard status
Active
Size
1,536 SF
Property subtype
Multifamily

Building Details

Year Built
1963

Listing office Cushman & Wakefield - Denver, Colorado

Listing date Feb 17, 2026

Source Crexi

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 Cushman & Wakefield - Denver, Colorado


Investment Insights

Based on property information with market context.

This duplex offers an investment opportunity near Fort Carson. The property is designed as single-story units, offering a layout that appeals to a wide range of tenants while minimizing long-term maintenance. Each unit features individually metered gas and electric along with separate mechanical systems, providing operational efficiency and cost control. The property offers an immediate value-add opportunity through strategic renovations and lease repositioning, allowing investors to unlock substantial upside while benefiting from stable occupancy. The property size is 1536 square feet.

Key Highlights

  • Prime location minutes from Fort Carson, ensuring high rental demand.
  • Immediate value‑add opportunity through rent increases and renovations.
  • Single‑story units offer accessible layouts and reduced maintenance.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.4k $19.80
− Vacancy −$1.4k −$0.89
EGI $29.0k $18.91
− OpEx −$8.7k −$5.67
NOI $20.3k $13.24
1,536 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.9K (±1% cap)
NOI $20,331 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$269.2K
$235.5K – $314.0K (±1% cap)
NOI $18,841 @ 7.0% cap · market cap 5.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon Real Estate Agency Building Supply Spa & Massage Center Parking Lot & Garage Electrical Service Nail Salon Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex near Fort Carson with value-add opportunity.
Where is this duplex located?
The property is located at 366 Greensboro S Colorado Springs, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime location minutes from Fort Carson, ensuring high rental demand.; Immediate value‑add opportunity through rent increases and renovations.; Single‑story units offer accessible layouts and reduced maintenance.
Contact an agent
(417) 459-2155 Call to check price and availability
More about this property
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