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750 East Kiowa, Colorado Springs, CO, 80903

--beds
--baths
4,364sqft
$725,000
$166price/sqft
$4,531/moest. monthly cost
$181,240/yrincome needed

About This Home

Cushman & Wakefield is excited to present the opportunity to acquire a well-positioned 5-unit multifamily property located at 750 East Kiowa Street in the highly desirable area of Colorado Springs. Featuring a balanced unit mix with one, two, and three bedroom units, this property offers a unique blend of location, tenant demand, and significant potential for value creation, making it an exceptional addition to any investment portfolio. 750 East Kiowa Street benefits from a premier location in one of the most sought-after neighborhoods in Colorado Springs. Located just outside of Downtown, tenants have easy access to the area’s best amenities, including a wide range of dining, retail, and entertainment options, offering the best of both worlds: proximity to the vibrant city center and the tranquility of a more residential setting. The property also offers substantial upside potential with under-market rents, providing an opportunity for the new owner to realize a strong return on investment by aligning rents with current market rates. This potential for rent increases enhances the overall appeal of the property and positions it well for long-term financial growth. This property is strategically located in a rapidly growing market, offering a stable income stream with substantial upside potential. The combination of a strong location near Downtown and Colorado College, an attractive unit mix, and the opportunity to adjust rents to market rates makes 750 East Kiowa Street a rare and valuable investment opportunity.

Getting Around

79
WalkingVery Walkable
52
TransitGood Transit
65
BikeBikeable

Schools

4/10
6/10
North Middle SchoolGrades 6-80.9 mi
3/10
Palmer High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1893

Materials

  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Features

  • Finished area above ground: 4,364

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 4,364
  • Total interior livable area: 4,364 sqft

Property

Details

  • Parcel number: 6417215022
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Parking

  • Total spaces: 6