1609 W Cheyenne Road Colorado Springs, CO $ 2,500,000
1609 W Cheyenne Road
$ 2,500,000
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1609 W Cheyenne Road

Colorado Springs, CO, 80906
$ 2,500,000
Bedrooms20 Baths15.0 Sq 6,617

Monthly Estimate*

$ 15,785

Listed by ERA Shields Real Estate
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 1
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 2
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 3
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 4
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 5
1609 W Cheyenne Road, Colorado Springs, CO 80906 - Image 6

Multi-Family Home for sale in Colorado Springs, CO

for $2,500,000 with 20 bedrooms and 15 full baths. This 6,617 square foot home was built in 1904 on a lot size of 0.74.

This property includes a ten unit apartment building, a cottage, and 2 duplexes. All the residences are situated on a gorgeous, treed, park-like setting adjacent to the stream in Cheyenne Canyon, west of Cresta Rd., in the highly desirable area next to the Broadmoor. The units are fully leased and have been updated as they become ready to re-lease. There are 3 schedule numbers for the entire listing that is available for purchase and the owner is providing rental spreadsheets with income allocations that are available upon request. There are misc. appliances in each of the units. The type and number of appliances varies. A coin operated washer dryer in the large 10 unit building that the tenants share and each of the duplex tenants own their own washer and dryers, if they exist.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

20

Full Bath

15

Property Type

Multi-Family

Taxes

$ 5,247

Style

Triplex

Lot Size

0.74

Year Built

1904

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

6651502

Features
General
Sewer Public Sewer
Heating Radiant
Cooling Other
Utilities Electricity Available Natural Gas Available
Roof Composition
Zoning R-2 HS
Garage Spaces 0
Construction Materials Wood Siding
Exclusions None
Year Built 1904
Levels Three Or More
Property Subtype Triplex
Tax Year 2025
Ownership Corporation/Trust
Building Name Cheyenne Canon Apartments
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Cheyenne Canon Apartments
Status Active
High School Cheyenne Mountain
City Colorado Springs
Senior Community Y/N N
High School District Cheyenne Mountain 12
Lot Size Units Square Feet
Lot Size Square Feet 32234
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Cheyenne Mountain
Tax Annual Amount 5247
Middle/Junior High School Cheyenne Mountain
Structure Type Triplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cheyenne Mountain 12
Elementary School District Cheyenne Mountain 12
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Interior
Basement Partial
Common Walls End Unit Something Above Something Below 2+ Common Walls
Basement (Y/N) Y
Above Grade Finished Area 0
Total Bedrooms 20
Below Grade Finished Area 6617
Total Baths 15
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Exterior
Lot Features Borders Public Land Cul-De-Sac Many Trees Secluded
Water Source Public
Total Parking 0
Lot Size Area 32234
Building Area Total 6617
Lot Size Acres 0.74
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1609
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* Excluded Features
List By
Era Shields Real Estate

Broker

(719) 338-1100

Phone

Affordability Calculator

$16,223
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$437
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
3043436 Elementary School
3043907 Middle School
Cheyenne Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$2,500,000 Listed Price

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1609 W Cheyenne Road, Colorado Springs, CO, 80906 is a Multi-Family Home for sale at $2,500,000 with 6,617 sqft and a lot size of 0.74. 1609 W Cheyenne Road has 20 bedrooms, 15.0 baths, and was built in 1904. The property's zip code is 80906 which is in Colorado Springs, CO