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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$730,000

Est. payment - /mo

8 Beds

4 Baths

2,999 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,999 sqft

Price per Sqft $243

Subdivision Cockrums

MLS Listing ID 8502328

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,999

Year Built 1951

Annual Tax Amount $1,754

Tax Year 2021

Lot Size 0.277 Acres

Acres 0.28

Property Sub-Type Quadruplex

Source recolorado

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.

Location

State CO

County El Paso

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Exterior

Fence Partial

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Level or Stories One

Structure Type Stucco,Wood Siding

Schools

Elementary Schools West

Middle Schools West

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition None

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Listed by Cushman & Wakefield

Schools and Properties Nearby

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

423 N 30th Colorado Springs, CO 80904