About This Home

This 0-bedroom, 0-bathroom multi-family at 2809 King Street in Colorado Springs, CO is listed for $849,000. Built in 1983, on a 0.23 acres lot.

Key Features

  • Built in 1983
  • 0.23 acre lot

Property Details

1983
Listing Description

Solidly performing in the highly desirable Pleasant Valley area, just minutes from Garden of the Gods, Old Colorado City, downtown, and major commuter routes. This turn-key asset includes three long-term tenants providing stable income and one unit currently operating as a Airbnb, offering excellent flexibility for both short-term and long-term rental strategies.

The property features a balanced and attractive unit mix with two 2-bedroom/1-bath units and two 3-bedroom/2-bath units, increasing rental demand and supporting strong year-round occupancy. Recent improvements include a new roof, exterior paint, gutters, and updated flooring, ensuring low maintenance and reliable future performance.

Each unit offers a balcony or patio, tile baths, and fireplaces. With a very low to no vacancy rate, investors have the option to maintain the current rent rolls or adjust rents as leases expire. Surface parking includes seven paved spaces plus additional parking on the south dirt area. A rare opportunity to acquire a reliable, updated, income-producing property in one of Colorado Springs' most sought-after west-side locations.

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

2809 King Street

Colorado Springs, CO 80904

Property Details

Heating

BaseboardHot Water(Heating)

Cooling

Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2809 King Street is listed at $849,000. The estimated monthly payment is $4,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1983, 0.23 acre lot.

This property is listed by Yanshuang Tan.

YT

Yanshuang Tan

Agent at HomeSmart Realty Group

Listed by HomeSmart Realty Group · Broker phone: (303) 858-8100 · View on Broker Site · Broker website

MLS# 1115848· Source: elevateMLS· 4 days on PropertySimple

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2809 King Street, Colorado Springs, CO 80904

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