2116 Friendship Place Colorado Springs, CO $ 625,000
2116 Friendship Place
$ 625,000
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2116 Friendship Place

Colorado Springs, CO, 80904
$ 625,000
Bedrooms8 Baths4.0 Sq 3,630

Monthly Estimate*

$ 3,848

Listed by Atlas Real Estate Group
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Multi-Family Home for sale in Colorado Springs, CO

for $625,000 with 8 bedrooms and 4 full baths. This 3,630 square foot home was built in 1973 on a lot size of 0.21.

OWNER-OCCUPANT & INVESTOR OPPORTUNITY • FOUR-PLEX • WESTSIDE COLORADO SPRINGS • TWO VACANT UNITS • RECENTLY REMODELED INTERIORS • NEW EXTERIOR PAINT • ON-SITE LAUNDRY INCOME • NEAR GARDEN OF THE GODS Exceptional four-plex opportunity for both owner-occupants and investors in one of Colorado Springs' most desirable locations. Situated on the Westside near Garden of the Gods, Historic Old Colorado City, and Red Rock Canyon Open Space, this property offers immediate income potential, appreciation, and flexible living options. Each unit features a light, bright, open floor plan with 2 bedrooms and 1 bathroom. Two units are currently vacant and available for immediate occupancy, creating a rare opportunity to live in one unit while generating income from the others, or quickly lease the vacant units and maximize cash flow. The vacant units have been recently remodeled and are move-in ready, featuring updated finishes, fresh paint, and updated flooring. The building exterior has also been recently painted, enhancing curb appeal. Additional income is generated through coin-operated on-site laundry. The property has a strong rental history and future upside through rental optimization and continued improvements. Conveniently located near US-24 with quick access to Downtown Colorado Springs, Manitou Springs, Woodland Park, and I-25. Surrounded by shopping, dining, outdoor recreation, and some of Colorado Springs' most iconic attractions. Nearby Amenities: • Historic Old Colorado City • Garden of the Gods • Red Rock Canyon Open Space • Bancroft Park • Uintah Gardens Shopping Center • Quick access to US-24, Downtown Colorado Springs, Manitou Springs, and I-25 Vacant units are available to tour anytime. Call today to schedule a private showing.

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Multi-Family Active

Price

$ 625,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,087

Style

Quadruplex

Lot Size

0.21

Year Built

1973

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

3884023

Features
Interior
Interior Amenities Open Floorplan
Flooring Carpet Laminate
Basement (Y/N) N
Above Grade Finished Area 3630
Laundry Features Common Area
Total Bedrooms 8
Total Baths 4
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General
Sewer Public Sewer
Heating Baseboard
Cooling Air Conditioning-Room
Roof Composition
Appliances Range Refrigerator
Zoning R-5
Garage Spaces 0
Construction Materials Wood Siding
Exclusions washer and dryer tenants personal property
Year Built 1973
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Corporation/Trust
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Friendship Place
Status Active
High School Coronado
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 8999
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School West
Tax Annual Amount 2087
Middle/Junior High School West
Property Condition Updated/Remodeled
Structure Type Quadruplex
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Cap Rate 6
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Exterior
Total Parking 16
Lot Size Area 8999
Building Area Total 3630
Lot Size Acres 0.21
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Internal Only
Street Number 1 2116
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* Excluded Features
List By
Atlas Real Estate Group

Broker

(303) 514-8491

Phone

Affordability Calculator

$4,022
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$174
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
3615233 Elementary School
1730956 Middle School
Coronado High School High School
Pricing History
DatePricePrice ChangeDescription
5/31/2026$625,000 Listed Price

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2116 Friendship Place, Colorado Springs, CO, 80904 is a Multi-Family Home for sale at $625,000 with 3,630 sqft and a lot size of 0.21. 2116 Friendship Place has 8 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 80904 which is in Colorado Springs, CO