2809 King Street, Colorado Springs, CO, 80904

Image Count: 11

$849,000

  • Highlights
  • Income
  • Fourplex
  • 2809 King Street, Colorado Springs, CO, 80904 listed by Yanshuang Tan
  • Active
  • MLS#: 1115848
  • View on Map
Space maker

Property Description

Solidly performing in the highly desirable Pleasant Valley area, just minutes from Garden of the Gods, Old Colorado City, downtown, and major commuter routes. This turn-key asset includes three long-term tenants providing stable income and one unit currently operating as a Airbnb, offering excellent flexibility for both short-term and long-term rental strategies. The property features a balanced and attractive unit mix with two 2-bedroom/1-bath units and two 3-bedroom/2-bath units, increasing rental demand and supporting strong year-round occupancy. Recent improvements include a new roof, exterior paint, gutters, and updated flooring, ensuring low maintenance and reliable future performance. Each unit offers a balcony or patio, tile baths, and fireplaces. With a very low to no vacancy rate, investors have the option to maintain the current rent rolls or adjust rents as leases expire. Surface parking includes seven paved spaces plus additional parking on the south dirt area. A rare opportunity to acquire a reliable, updated, income-producing property in one of Colorado Springs’ most sought-after west-side locations.

Property Listed By

Picture of REALTOR Listing Property
  • Yanshuang Tan
  • 2828-926-917  Call the Agent 
Picture of Office Listing Property
  • HomeSmart
  • 0018-858-303  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1983
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $849,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,325
    2 1 $2,000
    3 2 $1,495
    3 2 $1,450
  • Total Units: 4

    Structure

  • Construction Status: Existing

    Features

  • Heating: Baseboard, Hot Water
  • Cooling: Ceiling Fan
  • Laundry: Coin, Electric Hook-up
  • Appliances: Dishwasher, Disposal, Range

    Taxes, Utilities, Lot

  • Tax: $2,691
  • Lot Size: 0.23 Acres, 10,065 SqFt
  • Appliances: Dishwasher, Disposal, Range
  • Laundry: Coin, Electric Hook-up
  • Heating: Baseboard, Hot Water
  • Cooling: Ceiling Fan
  • Existing Water: Municipal
  • Existing Utilities: Cable Connected, Electricity Connected, Natural Gas Connected

          Disclaimer
          The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
          PPAR.com Website

          2809 King Street, Colorado Springs, CO, 80904

          Image 1 of 11: Two-story stucco building featuring multiple windows and a central entrance

          Two-story stucco building featuring multiple windows and a central entrance

          Image 2 of 11: Wood-finish flooring throughout

          Wood-finish flooring throughout

          Image 3 of 11: Wood-finish flooring throughout, complemented by a tiled fireplace with a w

          Wood-finish flooring throughout, complemented by a tiled fireplace with a wood mantel

          Image 4 of 11: Kitchen featuring wood cabinetry, solid surface countertops, white applianc

          Kitchen featuring wood cabinetry, solid surface countertops, white appliances, and resilient flooring

          Image 5 of 11: Wood-finish flooring throughout

          Wood-finish flooring throughout

          Image 6 of 11: Warm neutral wall tones with window blinds

          Warm neutral wall tones with window blinds

          Image 7 of 11: Vanity with a light-colored countertop, an undermount sink, and a framed mi

          Vanity with a light-colored countertop, an undermount sink, and a framed mirror

          Image 8 of 11: Wood-finish flooring throughout

          Wood-finish flooring throughout

          Image 9 of 11: Additional content

          Additional content

          Image 10 of 11: Other

          Other

          Image 11 of 11: Mountain scenery with distant rock formations

          Mountain scenery with distant rock formations

          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.