1015-1017 Bennett Avenue
Colorado Springs, CO, 80909 $ 750,000
Bedrooms8 Baths4.0 Sq 3,200 Monthly Estimate*
$ 4,618
Listed by Cushman & Wakefield
for $750,000 with 8 bedrooms and 4 full baths. This 3,200 square foot home 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 inmigration, 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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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling None
Roof Shingle
Garage Spaces 0
Construction Materials Wood Siding
Exclusions Tenant Possessions
Year Built 1985
Tenant Pays Electricity Gas
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Contingency None Known
Subdivision Name Hanna Lea Subdivision Filling No.2
Status Pending
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 9688
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional Other
Elementary School Rogers
Tax Annual Amount 2229
Middle/Junior High School North
Structure Type Quadruplex
Standard Status Active Under Contract
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
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ExteriorTotal Parking 8
Lot Size Area 9688
Building Area Total 3200
Lot Size Acres 0.22
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InteriorBasement (Y/N) N
Above Grade Finished Area 3200
Total Bedrooms 8
Total Baths 4
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* Excluded FeaturesList ByCushman & WakefieldBroker
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Colorado Springs, CO
Average List Price $760,936
Percent of Sale Price 1%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3337044 Elementary School
1034667 Middle School
Mitchell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/6/2026 | $750,000 | | Listed Price |