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Three-Level Multifamily Townhome
For Sale
$225,000

519 Shady Crest Circle, Colorado Springs, CO 80916

Residential Income, Colorado Springs, CO

Property SizeContact for details
Lot Size0.01 Acres
Days on Market11

Property Features for 519 Shady Crest Circle

General Information

Property type Residential Multi Family
Property subtype Other
Fireplace 1
Basement Partial
Elementary school district Harrison-2
Middle school district Harrison-2
High school district Harrison-2
Standard status Active
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 959

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)

Amenities

storage space

Building Details

Year built 1984
Roof type Shingle
Listing Agency: Keller Williams Clients Choice Realty · Keller Williams Realty
Listed By: Amanda Zuniga
Added: Aug 28 Last Checked: Sep 7 at 7:06PM
MLS# 5592511

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.

This multifamily townhome was built in 1984 and offers a three-level layout. The entry level includes an aboveground garage and storage area, while the main floor provides an open living space, kitchen, and half bath. Two bedrooms and two full bathrooms occupy the upper level. Luxury vinyl plank flooring extends across the main and upper floors. The home also includes forced-air heating, ceiling fans, a fireplace, and a shingle roof.

A tenant lease is in place through January 31, 2027. The property is located in Colorado Springs, within El Paso County, and carries a 80916 postal code.

Key Highlights

  • Two‑bedroom, 2.5‑bathroom townhome
  • Three‑level layout with aboveground garage and storage
  • Tenant lease in place through January 31, 2027

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Electrical Service Real Estate Agency Accounting Firm Garden Center Gym & Fitness 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

1
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

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

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

What type of property is this?
Multifamily property - Three-level townhome with garage, storage, durable flooring, and an in-place lease.
Where is this multifamily property located?
The property is located at 519 Shady Crest Circle Colorado Springs, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑bedroom, 2.5‑bathroom townhome; Three‑level layout with aboveground garage and storage; Tenant lease in place through January 31, 2027
More about this property
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