33 University Dr, Colorado Springs, CO 80910

$690,000
8
BD
4
BA
3,111
SqFt

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Listing courtesy of Lee Wagner.

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

List Price
$690,000
Status
ACTIVE
MLS#
3703452
Subtype
Residential Income
Year Built
1969
Bedrooms
8
Bathrooms
4
Living Area
3,111
Subdivision
Colorado Springs
MLS Area Major
Out of Area

Property Description

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

Additional Information

Taxes
$1,408
Zoning
R5 AO
Heating
Forced Air
Levels
One
Roof
Rubber, Flat
Parking Features
Off Street
Garage Spaces
8
School District
Colorado Springs 11
Elementary School
Monroe
Middle School
Holmes
High School
Doherty

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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.


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