423 N 30th, Colorado Springs, CO 80904

$730,000
8
BD
4
BA
2,999
SqFt

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Listing courtesy of Lee Wagner.

lee.wagner@cushwake.com,417-459-2155

List Price
$730,000
Status
ACTIVE
MLS#
8502328
Subtype
Residential Income
Year Built
1951
Bedrooms
8
Bathrooms
4
Living Area
2,999
Acres
0.28
Subdivision
Cockrums
MLS Area Major
Out of Area

Property Description

423 N 30th Street is a well-located four-unit multifamily property positioned on the desirable west side of Colorado Springs, just minutes from the historic Old Colorado City corridor and major outdoor recreation amenities. Constructed in 1951, the approximately 2,999-square-foot building features four spacious two-bedroom units, providing an attractive housing option for renters seeking proximity to employment centers, outdoor recreation, and neighborhood retail. The property benefits from strong rental demand driven by the region's expanding population, military presence, and tourism economy. Colorado Springs continues to experience sustained economic growth supported by aerospace, defense, technology, and tourism sectors, along with a steady influx of new residents drawn by the area's quality of life and outdoor amenities. Located roughly one and a half miles from Garden of the Gods and minutes from downtown, the property offers tenants convenient access to recreation, dining, and employment centers while maintaining a quieter residential setting. The area's strong fundamentals and limited multifamily inventory make this asset an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.

Additional Information

Taxes
$1,754
Heating
Forced Air
Levels
One
Roof
Fiberglass
Parking Features
Off Street
Garage Spaces
6
School District
Colorado Springs 11
Elementary School
West
Middle School
West
High School
Coronado

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