504 - 516 Winnie Way Colorado Springs, CO $ 940,000
504 - 516 Winnie Way
$ 940,000
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504 - 516 Winnie Way

Colorado Springs, CO, 80904
$ 940,000
Baths0.0 Sq 3,456

Monthly Estimate*

$ 5,864

Listed by Cushman & Wakefield
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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $940,000. This 3,456 square foot home was built in 1984.

***Quadplex in Highly Desirable Pleasant Valley Neighborhood*** Cushman & Wakefield is pleased to present an exceptional opportunity to acquire 504–516 Winnie Way, a well-maintained, four-unit multifamily asset located in the highly desirable Pleasant Valley neighborhood on the west side of Colorado Springs, CO. This property benefits from a prime infill location just minutes from some of the city’s most iconic destinations, including Garden of the Gods, Old Colorado City, and Downtown Colorado Springs, offering residents unparalleled access to outdoor recreation, local dining, retail, and major employment hubs. Built in 1984, the property comprises four spacious 2-bedroom/1.5-bath units, each thoughtfully designed for functional living. With a total building area of 3,456 square feet and an average unit size of approximately 864 square feet, the asset presents a balanced combination of scale, livability, and ease of management. Located in El Paso County, Colorado Springs continues to rank as one of the fastest-growing cities in the country, supported by a diversified economy with major employment drivers in the defense, aerospace, technology, and healthcare sectors. 504–516 Winnie Way offers investors stable in-place income with significant upside through rent increases and light interior upgrades as leases turn. With below-market rents and strong rental demand, the asset is well-positioned for value creation in a supply-constrained submarket. This offering represents an ideal opportunity for investors seeking a stabilized, low-maintenance multifamily asset with long-term growth potential in one of Colorado’s most dynamic and resilient markets.

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Multi-Family Pending

Price

$ 940,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,554

Style

Quadruplex

Year Built

1984

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2011515

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Shingle Membrane
Zoning PUD
Garage Spaces 4
Construction Materials Vinyl Siding
Exclusions All personal property owned by Tenant(s)
Year Built 1984
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Corporation/Trust
County El Paso
Property Type Residential Income
HOA N
Attached Garage Y
Contingency None Known
Subdivision Name Kings Manor Sub
Status Pending
Directions From Downtown Colorado Springs on N Cascade Ave head toward Platte Avenue. Turn left onto Uintah Street. Then turn right onto Mesa Road. Turn left onto N 19th St and take a slight right turn onto Kin
High School Coronado
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School West
Tax Annual Amount 2554
Middle/Junior High School West
Structure Type Quadruplex
Standard Status Pending
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
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Exterior
Total Parking 4
Building Area Total 3456
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Interior
Common Walls 1 Common Wall
Basement (Y/N) N
Above Grade Finished Area 3456
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Internal Only
Street Number 1 504
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$6,077
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,864
Monthly Property Taxes
$213
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
3615233 Elementary School
1730956 Middle School
Coronado High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$940,000 -2.08% Price Down
8/7/2025$960,000 Listed Price

Map


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504 - 516 Winnie Way, Colorado Springs, CO, 80904 is a Multi-Family Home for sale at $940,000 with 3,456 sqft. 504 - 516 Winnie Way is a studio with 0.0 baths and was built in 1984. The property's zip code is 80904 which is in Colorado Springs, CO