Search
Remodeled 8-Unit Apartment Building
For Sale
$875,000

2405+2403 E St Vrain Street, Colorado Springs, CO 80909

Ground-level apartments feature private entrances, updated kitchens, in-unit laundry, and no shared common areas.

Property SizeContact for details
Days on Market507

Property Features for 2405+2403 E St Vrain Street

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 4 x 2BR, 4 x 1BR
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $4,751

Building Details

Year Built 1951
Listing Agency: Solid Rock Realty
Listed By: Colin Smith
Source: Exitrealty
Added: Apr 16, 2025 Changed: Sep 1 Last Checked: Sep 2 at 7:55PM

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 Solid Rock Realty

Investment Insights

Based on property information with market context.

Built in 1951, this 8-unit apartment property includes four 2-bedroom residences and four 1-bedroom residences. Each apartment is on the ground level with a private entrance, full kitchen appliance package, laundry center, granite countertops, stainless steel appliances, LVT flooring, vinyl windows, and finished shower surrounds.

The buildings underwent a comprehensive remodel, including replacement of electrical service through the pole, interior gas lines and meters, and water and drain lines. The roof is less than 2 years old. All apartments are currently rented and operated under professional management, offering an established multifamily configuration with no common areas.

Key Highlights

  • 8 units: 4x 2 bedroom units and 4x 1 bedrooms units
  • All apartments are ground level with private entrances and no common areas
  • Every unit includes a full kitchen appliance suite and combo washer/dryer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Food Market (Bike/Boat/Book/etc) 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Ground-level apartments feature private entrances, updated kitchens, in-unit laundry, and no shared common areas.
Where is this apartment building located?
The property is located at 2405+2403 E St Vrain Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 8 units: 4x 2 bedroom units and 4x 1 bedrooms units; All apartments are ground level with private entrances and no common areas; Every unit includes a full kitchen appliance suite and combo washer/dryer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message