2913 Sage Street Colorado Springs, CO $ 695,000
2913 Sage Street
$ 695,000
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2913 Sage Street

Colorado Springs, CO, 80907
$ 695,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,800

Listed by MODUS Real Estate
2913 Sage Street, Colorado Springs, CO 80907 - Image 1
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2913 Sage Street, Colorado Springs, CO 80907 - Image 10
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Commercial Property for sale in Colorado Springs, CO

for $695,000. This building was built in 1972 on a lot size of 0.18.

MODUS Real Estate is pleased to present 2913 Sage St, a five unit multifamily property located in one of the more desirable fourplex pockets on the west side of Colorado Springs. The building consists of a studio, three one bed one bath units, and a three bed one bath unit, offering a diversified rent roll anchored by a premium three bedroom. This is a light value add opportunity where the major capital items have already been addressed. The roof is just two years old and was recently inspected. The boiler was replaced nine years ago, and the pump was replaced four years ago along with the expansion tank, auto fill valve, and air bleeder. All zone valves were replaced in the spring of 2026. A new hot water heater was installed in 2026, and the shower valves in apartment 3 were rebuilt. A new owner steps into a building where the expensive, unglamorous systems are already handled. In place rents reflect a blended 14 percent loss to lease, giving a new owner immediate mark to market upside across the units. Paired with a light interior renovation program and the implementation of a utility billback system, a buyer can capture meaningful year one upside without a lengthy repositioning runway. Situated on the west side close to a variety of retail options, 2913 Sage St combines strong fundamentals with a clear path to increased cash flow.

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 2,540

Style

Multi Family

Lot Size

0.18

Year Built

1972

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

5480665

Features
General
Sewer Public Sewer
Roof Composition
Zoning R-5 HS
Garage Spaces 0
Construction Materials Frame
Year Built 1972
Property Subtype Multi Family
Current Use Multi-Family
Parcel Number 73364-02-015
County El Paso
Property Type Commercial Sale
HOA N
Attached Garage N
City Colorado Springs
Senior Community Y/N N
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 7840.8
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 2540
Standard Status Active
Freehold IDX
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Exterior
Lot Size Area 0.18
Lot Size Acres 0.18
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* Excluded Features
List By
Modus Real Estate

Broker

astephens@moduscommercial.com,720-496-8868

Contact

Affordability Calculator

$5,012
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,800
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$695,000 Listed Price

Map


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2913 Sage Street, Colorado Springs, CO, 80907 is a Commercial Property for sale at $695,000 with a lot size of 0.18. 2913 Sage Street was built in 1972. The property's zip code is 80907 which is in Colorado Springs, CO