1015-1017 Bennett Avenue Colorado Springs, CO $ 750,000
1015-1017 Bennett Avenue
$ 750,000
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1015-1017 Bennett Avenue

Colorado Springs, CO, 80909
$ 750,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 4,618

Listed by Cushman & Wakefield
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Commercial Property for sale in Colorado Springs, CO

for $750,000. This 3,200 square foot building was built in 1985 on a lot size of 0.22.

1015-1017 Bennett Ave presents the opportunity to acquire a recently renovated multifamily property featuring large-format two-bedroom, two-bath residences in a well-positioned Colorado Springs location. The asset has been thoughtfully upgraded with two units featuring stainless steel appliances, luxury vinyl plank flooring, new countertops, tile & fiberglass tub surrounds, updated doors, custom fireplace surrounds, and in-unit washer and dryers creating limited near-term capital requirements. Built in 1985, the property offers units with an expansive ~800 SF, 2BD/2BA master en-suite layout, a highly desirable floor plan in the Colorado Springs rental market where renters increasingly prioritize space, privacy, and functionality. Combined with assigned off-street parking, these features align well with the preferences of the area’s professional, military, and long-term renter base. The property’s infill location near grocery, retail, and dining amenities, along with close proximity to the U.S. Olympic & Paralympic Training Center and a short drive to Downtown Colorado Springs, positions it to directly benefit from the city’s diverse employment drivers. As Colorado Springs continues to experience steady population growth and immigration, demand for renovated, mid-sized multifamily assets in established neighborhoods remains strong, particularly where new supply is limited. 1015-1017 Bennett Ave modern interiors, efficient unit mix, and proximity to employment and lifestyle centers make it well-positioned to capture this demand while offering stable cash flow and long-term value preservation.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 2,229

Style

Low Rise (1-3)

Lot Size

0.22

Year Built

1985

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

6228178

Features
General
Sewer Public Sewer
Roof Shingle
Garage Spaces 0
Exclusions Tenant Possessions
Year Built 1985
Stories Count 2
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
County El Paso
Property Type Commercial Sale
Attached Garage N
Status Active
City Colorado Springs
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 9688
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 2229
Structure Type Low Rise (1-3)
Standard Status Active
Cap Rate 7.1
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Exterior
Total Parking 8
Lot Size Area 9688
Building Area Total 3200
Lot Size Acres 0.22
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Internal Only
Street Number 1 1015
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$4,804
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$750,000 Listed Price

Map


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1015-1017 Bennett Avenue, Colorado Springs, CO, 80909 is a Commercial Property for sale at $750,000 with 3,200 sqft and a lot size of 0.22. 1015-1017 Bennett Avenue was built in 1985. The property's zip code is 80909 which is in Colorado Springs, CO