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Renovated Quadplex with Private Patios
For Sale
$649,900

4725 Picturesque Dr, Colorado Springs, CO 80917

Fully occupied four-unit property with two- and three-bedroom residences, on-site laundry, and private patios.

Property SizeContact for details
Days on Market43

Property Features for 4725 Picturesque Dr

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

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

Amenities

on-site laundry
private patios

Building Details

Year Built 1974
Buildings 1
Listing Agency:
Listed By: Christine Callender
Source: Christinecallender
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 31 at 2:51PM

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 Christine Callender

Investment Insights

Based on property information with market context.

Built in 1974 and renovated throughout, this four-unit residential income property is fully occupied and offers a mix of two 3-bedroom residences and two 2-bedroom residences. Upper-level homes receive natural light, while the lower-level residences include private patios. Improvements include luxury vinyl plank flooring, stainless steel appliances, dishwashers, and on-site laundry facilities. Baseboard heating serves the units.

The property is located in the Village Seven area of Colorado Springs with access to the Powers Corridor. Shopping, dining, entertainment, schools, and major military establishments are identified in the surrounding area. The combination of an established four-unit layout, completed updates, and full occupancy provides a clear overview of the asset’s current configuration.

Key Highlights

  • Fully occupied quadplex with two 3‑bedroom units and two 2‑bedroom units
  • Renovated interiors include luxury vinyl plank flooring and stainless steel appliances
  • Dishwashers and on‑site laundry facilities included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Food Market Acupuncture Grocery & Convenience Store Garden Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 80917, CO

30,513
Population
13,656
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
5.6 sq mi
ZIP Area
5,449
Density / Sq Mi
$72,805
Median Household Income
$39,973
Median Earnings
$1,435
Median Rent
$353,100
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 - Fully occupied four-unit property with two- and three-bedroom residences, on-site laundry, and private patios.
Where is this quadplex located?
The property is located at 4725 Picturesque Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Fully occupied quadplex with two 3‑bedroom units and two 2‑bedroom units; Renovated interiors include luxury vinyl plank flooring and stainless steel appliances; Dishwashers and on‑site laundry facilities included
More about this property
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