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Townhome-Style Fourplex with Garages
For Sale
$1,250,000

5602-5014 Towson View, Colorado Springs, CO 80918

Fully leased investment property with private driveways, individual garages, and unfinished basement space in every unit.

Property Size1,768 SF
Price / SF$707.01
Days on Market23

Property Features for 5602-5014 Towson View

General Information

Standard status Active
Size 1,768 SF
Property subtype Multi-Family
Occupancy 100%

Units

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

Building Details

Year Built 2001
Buildings 1
Tenancy Multi
Listing Agency: LIV Sotheby's International Realty
Listed By: Michael Turner · License #FA100047743
Source: Teamuniteddenver
Added: Aug 9 Changed: Aug 31 Last Checked: Aug 30 at 6:59PM

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 LIV Sotheby's International Realty

Investment Insights

Based on property information with market context.

Built in 2001, this four-unit residential income property features townhome-style layouts with 1,768-square-foot units. The mix includes three 3BR/3BA residences and one 2BR/3BA double-master configuration. Each unit includes a 1-car garage, private driveway, and large unfinished basement for storage. The property is 100% leased and has received updated flooring, paint, appliances, water heaters, HVAC equipment, roofing, gutters, and stucco repairs. Stainless steel appliances and high-efficiency washers and dryers are included, while HVAC systems are professionally serviced bi-annually.

Professional management has been in place since 2020. The HOA provides grounds maintenance, snow removal, and trash service. The property at 5602-5014 Towson View is near the 584-acre Austin Bluff Open Space and UCCS, with nearby rental demand associated with students, faculty, and university-affiliated professionals.

Key Highlights

  • Four 1,768 sq. ft. townhome‑style units: three 3BR/3BA and one 2BR/3BA double‑master layout
  • 100% leased with professional management in place since 2020
  • Every unit includes a 1‑car garage, private driveway, and large unfinished basement

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,575
Businesses Nearby

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
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 leased investment property with private driveways, individual garages, and unfinished basement space in every unit.
Where is this quadplex located?
The property is located at 5602-5014 Towson View Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four 1,768 sq. ft. townhome‑style units: three 3BR/3BA and one 2BR/3BA double‑master layout; 100% leased with professional management in place since 2020; Every unit includes a 1‑car garage, private driveway, and large unfinished basement
More about this property
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