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Quadplex with Upgraded Infrastructure
New
For Sale
$699,000

3681 Michigan Avenue, Colorado Springs, CO 80920

Three two-bedroom units and one one-bedroom unit share laundry and storage amenities.

Property SizeContact for details
Days on Market2

Property Features for 3681 Michigan Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income

Units

Unit Mix 3 x 2BR, 1 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,170

Amenities

common storage
laundry
parking lot

Building Details

Year Built 1969
Buildings 1
Units 4
Listing Agency: Quest Real Estate Partners
Listed By: Tina Brinkmann · License #EA100000535
Source: Pikespeakdreamhomesrealty
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 4:47AM

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 Quest Real Estate Partners

Investment Insights

Based on property information with market context.

Built in 1969, this Colorado Springs quadplex contains three two-bedroom units and one one-bedroom unit. The property includes shared storage and laundry facilities, supporting practical day-to-day operations across the four-unit configuration.

Recent property improvements include a newly paved asphalt parking lot and a new sewer line extending to the street. Located at 3681 Michigan Avenue in Colorado Springs, Colorado, the asset offers a defined unit mix with updated site and utility infrastructure.

Key Highlights

  • 3 two‑bedroom units and 1 one‑bedroom unit
  • Common storage and laundry facilities
  • Newly paved asphalt parking lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Daycare Center Plumbing Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 80920, CO

39,540
Population
14,631
Households
2.7
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,189
Density / Sq Mi
$111,233
Median Household Income
$50,927
Median Earnings
$1,955
Median Rent
$484,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Three two-bedroom units and one one-bedroom unit share laundry and storage amenities.
Where is this quadplex located?
The property is located at 3681 Michigan Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3 two‑bedroom units and 1 one‑bedroom unit; Common storage and laundry facilities; Newly paved asphalt parking lot
More about this property
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