3138 W Colorado Avenue, Colorado Springs, CO 80904

Property Description

Rare opportunity to own a multi-family property in the Old Colorado City area of Colorado Springs. Situated on W Colorado Avenue, this property offers strong location fundamentals with close proximity to shopping, dining, major corridors, and well-known local attractions. With 4,215 square feet across four units and a well-sized lot zoned MX-M, the property allows for a range of potential uses, including long-term hold, renovation, or mixed-use consideration. Located outside of Manitou Springs, the property may offer additional flexibility regarding short-term rental use, subject to buyer verification of all local regulations and requirements. The surrounding area continues to see consistent demand, supported by established infrastructure and convenient access to downtown Colorado Springs, Manitou Springs, Red Rock Canyon Open Space, Garden of the Gods, the Cog Railway, the Incline, and Rock Ledge Ranch. Strong combination of size, location, and future potential in a well-established part of the city. Property is being sold as-is. Seller intends to accept highest and best offer on or before 04/18/2026. Showings will begin Friday April 3rd. Buyer to verify all information including square footage, zoning, use, and property details.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 4:41AM

Listing Office:

Keller Williams Partners : 719-955-1999

Listing Agent:

Asa Kortman MRP : 714-788-1128

MLS ID:

6079514

Interior

• Appliances: 220v in KitchenDishwasherDisposalRangeRefrigerator
• Laundry: None
• Basement: Crawl Space
• A/C: Ceiling Fan(s)
• Heating: Forced AirHot WaterNatural Gas

Construction

• Roofing: Shingle

Location

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

Lot

• Zoning: 7403420014
• Fencing: Full

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedTelephone
• Water: Public