BEDS8
BATHS4
SQUARE FEET3,348
MLS#7352165
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONVista Grande Terrace
SCHOOLColorado Springs 11
Listing Courtesy of:
House Hunters, LLC
Agency Contact: denae.howell.re@gmail.com,719-323-1442
Property Description
EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE ? providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether youre expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Garage: 7 car attached
Heating: Baseboard, Forced Air
Lot Size: 0.37 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,720
Year Built: 1973
Feature Descriptions
Appliances: Dishwasher, Oven, Range, Refrigerator
Baths Total: 4
Days on Site: 20
Exclusions: Tenants personal property, sellers personal property, staging items
Exterior: Frame, Stucco, Vinyl Siding, Wood Siding
Flooring: Carpet, Laminate
Laundry: In Unit
Parcel#: 63211-13-013
Patio/Porch: Front Porch
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected
Water: Public
Local Schools
High School: Coronado
Middle School: Russell
Elementary School: Fremont
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: House Hunters, LLC
Agency Contact: denae.howell.re@gmail.com,719-323-1442
Shown By
Agent Name: Johnny Allen
Agent Phone: (408) 806-8577
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 4,395.37 per month $3,935.66 Principal & Interest $226.67 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
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5535 Tomah Drive | MLS# 7352165
This multi-family property located at 5535 Tomah Drive , Colorado Springs, CO 80918 is currently listed for sale with an asking price of $799,000. Tomah Drive is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.johnnyallenhomes.com today.