$650,000

2112 Friendship Place, Colorado Springs, CO 80904

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon8,298sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 hours ago

Property Description

Four Updated Units • 6% Cap Rate • Fourplex Investment • Spacious 2 Bed/1 Bath Units • Private Exterior Entrances • Near Garden of the Gods • Near Old Colorado City Turnkey four plex investment opportunity in the desirable west side Colorado Springs market. Fully occupied, this stabilized asset offers immediate cash flow with a reported 6% cap rate. Each of the four spacious homes feature 2 bedrooms and 1 full bath, private exterior entrances, and private patio space. Updated interiors include remodeled kitchens, updated flooring, fresh paint, and modern finishes, creating strong resident appeal. The property offers approximately 2,912 square feet and benefits from consistent rental demand driven by its proximity to Garden of the Gods, Old Colorado City, Manitou Springs, Red Rock Canyon Open Space, shopping, dining, and major commuter routes. Opportunity to acquire a well-maintained, income-producing multifamily property with updated units, private entrances, and proven occupancy in a high-demand rental corridor. Live in one unit and rent out the others, or buy as a turnkey investment. Rare opportunity. Nearby Amenities Garden of the Gods Old Colorado City Historic District Manitou Springs Red Rock Canyon Open Space US-24 and I-25 access Shopping, dining, breweries, and services along West Colorado Avenue

Listing Status:
Active
Data Last Updated:
June 25, 2026 at 4:18PM
Listing Office:
Atlas Real Estate Group LLC : 303-242-8980
Listing Agent:
Michael Hills : (720) 220-8500
MLS ID:
4024364
  • Laundry: Coin
  • A/C: Other
  • Heating: Baseboard
  • Originating MLS: Pikes Peak REALTOR® Services
  • School District: Colorado Springs 11
  • County: El Paso
  • Zoning: 7402409017
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Assoc/Distr
  • Sewer: Sewer
  • Source: Pikes Peak REALTOR® Services

This listing courtesy of Michael Hills , Atlas Real Estate Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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