340 Gahart Drive Colorado Springs, CO $ 649,000
340 Gahart Drive
$ 649,000
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340 Gahart Drive

Colorado Springs, CO, 80916
$ 649,000
Bedrooms10 Baths4.0 Sq 3,672

Monthly Estimate*

$ 4,098

Listed by Cushman & Wakefield
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Multi-Family Home for sale in Colorado Springs, CO

for $649,000 with 10 bedrooms and 4 full baths. This 3,672 square foot home was built in 1972.

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

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Multi-Family Active

Price

$ 649,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,307

Style

Quadruplex

Year Built

1972

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

9848883

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Negotiable
Roof Composition
Zoning R-5 AO
Garage Spaces 0
Construction Materials Frame
Exclusions All personal property owned by Tenant(s)
Year Built 1972
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Eastborough
Status Active
Directions From I-25 take Exit 135 for US-24 E/Martin Luther King Jr. Bypass and head east. Continue toward South Academy Boulevard then turn onto Gahart Drive.
High School Mitchell
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 Roosevelt-Edison Charter School
Tax Annual Amount 2307
Middle/Junior High School Swigert
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
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Exterior
Total Parking 8
Building Area Total 3672
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Interior
Common Walls Something Above Something Below
Basement (Y/N) N
Above Grade Finished Area 3672
Total Bedrooms 10
Total Baths 4
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Internal Only
Street Number 1 340
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* Excluded Features
List By
Cushman & Wakefield

Broker

(417) 459-2155

Phone

Affordability Calculator

$4,290
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,098
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5071383 Elementary School
3043118 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$649,000 Listed Price

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340 Gahart Drive, Colorado Springs, CO, 80916 is a Multi-Family Home for sale at $649,000 with 3,672 sqft. 340 Gahart Drive has 10 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 80916 which is in Colorado Springs, CO