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Jennifer Berg

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

$670,000

Est. payment - /mo

8 Beds

4 Baths

3,111 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,111 sqft

Price per Sqft $215

Subdivision Colorado Springs

MLS Listing ID 3703452

Bedrooms 8

HOA Y/N No

Year Built 1969

Property Sub-Type Quadruplex

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.

Location

State CO

County El Paso

Zoning R5 AO

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Laundry In Unit

Exterior

Roof Type Membrane,Rolled/Hot Mop

Private Pool No

Building

Story One

Sewer Public Sewer

Schools

School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11

Others

Senior Community No

Tax ID 64154-01-050

Special Listing Condition None Known

Virtual Tour https://www.zillow.com/view-imx/d523a70f-1e28-48c0-8827-32b43e742d11?setAttribution=mls&wl=true&initialViewType=pano

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Listed byCushman & 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

33 University DR Colorado Springs, CO 80910