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1065 Magnolia Street

Colorado Springs, CO 80907
  • $725,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 7340352
UPDATED: 49 min ago
$725,000
  • 8
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,348
    SQFT
  • $217
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Cushman & Wakefield.

Description

Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.

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Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-12T14:23:43.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.yourcoloradohomerealtor.com/homes/175889280
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1065 Magnolia Street Colorado Springs, CO 80907

  • Price: $725,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 49 min ago
  • ID#: 7340352
8
Beds
0
Baths
0
½ Baths
0.2
Acres
3,348
SQFT
$217
$/SQFT
1971
Built
Neighborhood:
Cragmoor
County:
El Paso
Area:
Colorado Springs
Elementary School:
Edison
Middle School:
MANN
High School:
CORONADO
School District:
Colorado Springs 11
Property Description
Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials StuccoWood Siding Exterior Features Balcony Fencing None Lot Size Area 8929 Offstreet Spaces 6 Parking Features Asphalt Parking Total 6 Patio And Porch Features Deck Roof Membrane Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 3348 Basement YN No Common Walls 2+ Common Walls Cooling None Entry Location Exterior Access Heating Baseboard Laundry Features Common Area Levels Two

Property Features

Actual Annual Net Income 52516.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Exclusions Seller(s) personal property Green Verification Count 0 Gross Income 69501 Home Warranty YN No Lease Expiration 2026-12-31 Listing Terms 1031 ExchangeCashConventionalFHAOtherVA Loan Living Area Sq Ft 3348 Operating Expense 16985 Operating Expense Includes InsuranceMaintenanceOtherReal Estate TaxUtilities Ownership Individual Property Attached YN Yes Property Condition Updated/Remodeled Property Sub Type Quadruplex Restrictions Covenants YN No Road Responsibility Public Maintained Road Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2315 Tax Legal Description LOT 10SELY 1/2 OF LOT 9 BLK 9 CRESTMOOR PARK Tax Year 2026 Water Source Public Zoning R-4

REcolorado logoListing courtesy of REcolorado as distributed by MLS GRID.
Listing courtesy of Cushman & Wakefield:Nic.Polaski@cushwake.com,719-238-9074. MLS #7340352


Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-12T14:23:43.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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