$690,000

33 University Drive, Colorado Springs, CO 80910

  • 8 beds |
  • 4 baths |
  • 3,111 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 1:20PM
Listing Office:
Cushman & Wakefield : 303-292-3700
Listing Agent:
Nic Polaski : 719-238-9074
MLS ID:
3703452
  • Laundry: In Unit
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air
  • Parking: Parking spaces: 8
  • Roofing: MembraneRolled/Hot Mop
  • General: One
  • Originating MLS: recolorado
  • School District: Colorado Springs 11
  • County: El Paso
  • Zoning: R5 AONLY 8.0 FT OF LOT 28LOT 29 EX NLY 5.0 FT BLK 19 REPLAT OF BLKS 1924272832 PARK HILL SUB 464154-01-050
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Individual
  • Exclusions: All tenant(s) personal property.

This listing courtesy of Nic Polaski , Cushman & Wakefield

Monthly Payment

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

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Location

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