116 S Murray Boulevard Colorado Springs, CO $ 549,900
116 S Murray Boulevard
$ 549,900
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116 S Murray Boulevard

Colorado Springs, CO, 80916
$ 549,900
Bedrooms8 Baths4.0 Sq 3,240

Monthly Estimate*

$ 3,431

Listed by MB Denver Colorado Realty Source
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Multi-Family Home for sale in Colorado Springs, CO

for $549,900 with 8 bedrooms and 4 full baths. This 3,240 square foot home was built in 1972 on a lot size of 0.22.

Well maintained 4 plex that backs to a park with great rent roles. Lots of recent updates including newer paint, LVP flooring, updated kitchen and bathrooms etc. All units are 2 bedroom 1 baths and come with storage lockers and off street parking. NEW BOILER 2022 ON SITE COIN OP LAUNDRY GENERATES $30-$50 PER MONTH IN ADDITIONAL INCOME

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Multi-Family Active

Price

$ 549,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,623

Style

Traditional

Lot Size

0.22

Year Built

1972

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

6165894

Features
General
Sewer Public Sewer
Heating Baseboard Hot Water Natural Gas
Cooling Other
Possession Closing/DOD
Roof Tar/Gravel
Appliances Dishwasher Disposal Microwave Oven Range Refrigerator
Zoning MultiFamily 10 Units Less
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick Frame Wood Siding
Exclusions Tenant's and Seller's personal property
Year Built 1972
Levels Two
Property Subtype Quadruplex
Tax Year 2023
Ownership Individual
Gross Income 53880
County El Paso
Operating Expense 15928
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Eastborough
Status Active
High School Mitchell
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 9570
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
Elementary School Edison
Tax Annual Amount 1623
Home Warranty Y/N N
Middle/Junior High School Swigert
Property Condition Updated/Remodeled
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Cap Rate 5.4
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Exterior
Water Source Public
Total Parking 4
Lot Size Area 9570
Building Area Total 3240
Lot Size Acres 0.22
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Above Grade Finished Area 3240
Laundry Features Common Area
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Mb Denver Colorado Realty Source

Broker

(303) 883-2252

Phone

Affordability Calculator

$3,566
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043744 Elementary School
3043118 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$549,900 -4.37% Price Down
8/7/2025$575,000 -4.15% Price Down
4/25/2025$599,900 -7.57% Price Down
2/26/2025$649,000 -3.85% Price Down
1/22/2025$675,000 -3.56% Price Down
11/23/2024$699,900 Listed Price

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116 S Murray Boulevard, Colorado Springs, CO, 80916 is a Multi-Family Home for sale at $549,900 with 3,240 sqft and a lot size of 0.22. 116 S Murray Boulevard has 8 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 80916 which is in Colorado Springs, CO