209 N Arcadia Street Colorado Springs, CO $ 825,000
209 N Arcadia Street
$ 825,000
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209 N Arcadia Street

Colorado Springs, CO, 80903
$ 825,000
Bedrooms4 Baths4.0 Sq 2,176

Monthly Estimate*

$ 5,080

Listed by Live Dream Colorado LLC
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Multi-Family Home for sale in Colorado Springs, CO

for $825,000 with 4 bedrooms and 4 full baths. This 2,176 square foot home was built in 1900 on a lot size of 0.1.

Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Three units operate as monthly furnished rentals, while the garden level unit is currently rented as an annual furnished rental. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

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Multi-Family Active

Price

$ 825,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,173

Style

Victorian

Lot Size

0.1

Year Built

1900

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

7516300

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas Radiant
Cooling Air Conditioning-Room
Utilities Cable Available Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Available
Possession Closing/DOD
Roof Composition
Appliances Dryer Microwave Oven Range Refrigerator Washer
Zoning R-2
Garage Spaces 0
Patio/Porch Features Front Porch Patio
Architectural Style Victorian
Construction Materials Frame
Exclusions tenant's personal property
Pets Allowed No
Year Built 1900
Tenant Pays None
View Mountain(s)
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
Gross Income 65000
County El Paso
Operating Expense 9181
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Highland
Facing Direction West
Status Active
Directions From Downtown East on Platte Ave Right on N Arcadia property is on the left. PLEASE PARK ON THE STREET.
High School Palmer
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 4160
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Columbia
Tax Annual Amount 1173
Middle/Junior High School North
Property Condition Updated/Remodeled
Ok to Lease Month To Month
Virtual Tour https://youtu.be/oyPkp_TFgrY
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Cap Rate 6.77
Leasehold Rent $/Mo 6300
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Interior
Basement Finished Partial
Basement (Y/N) Y
Above Grade Finished Area 2176
Laundry Features Common Area In Basement
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
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Exterior
Fencing Partial
Parking Features Gravel
Water Source Public
Total Parking 3
Lot Size Area 4160
Building Area Total 2176
Lot Size Acres 0.1
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 209
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* Excluded Features
List By
Live Dream Colorado Llc

Broker

(719) 272-1765

Phone

Affordability Calculator

$5,177
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$98
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
3043887 Elementary School
1034667 Middle School
Palmer High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$825,000 Listed Price

Map


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209 N Arcadia Street, Colorado Springs, CO, 80903 is a Multi-Family Home for sale at $825,000 with 2,176 sqft and a lot size of 0.1. 209 N Arcadia Street has 4 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 80903 which is in Colorado Springs, CO