209 N Arcadia Street, Colorado Springs, CO 80903

Property Description

Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Three units operate as monthly furnished rentals, while the garden level unit is currently rented as an annual furnished rental. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

Listing Status:

Active

Data Last Updated:

April 18, 2026 at 7:41AM

Listing Office:

Live Dream Colorado LLC : 719-581-3115

Listing Agent:

Lauren Collier CNE GREEN MCNE MRP : 719-272-1765

MLS ID:

4774610

Interior

• Appliances: OvenRangeRefrigerator
• Laundry: CoinCommon Area
• Basement: Full
• A/C: OtherSee Remarks
• Heating: Hot WaterNatural Gas
• Fireplace: None
• Disability Feature: Stairs to back entranceStairs to front entrance

Construction

• Roofing: Shingle

Location

• School District: Colorado Springs 11
• County: El Paso

Lot

• Zoning: 6417208016
• Fencing: None

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public