3006 & 3014 N Institute Street Colorado Springs, CO $ 660,000
3006 & 3014 N Institute Street
$ 660,000
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3006 & 3014 N Institute Street

Colorado Springs, CO, 80907
$ 660,000
Bedrooms8 Baths4.0 Sq 2,304

Monthly Estimate*

$ 4,167

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

for $660,000 with 8 bedrooms and 4 full baths. This 2,304 square foot home was built in 1954.

3006 & 3014 North Institute Street presents an attractive multifamily investment opportunity consisting of two duplexes totaling four units and 2,304 square feet of building area in Colorado Springs. Built in 1954, this single-story property offers investors a straightforward four-unit configuration with an established residential setting and efficient building footprint. The two-duplex layout provides diversified rental income across four individual units each offering 2-Bedroom & 1-Bathroom units while maintaining a manageable scale for both hands-on and professional ownership. The property benefits from its location in Colorado Springs, one of Colorado’s largest and most dynamic metropolitan areas. Residents enjoy convenient access to major employment centers, retail, dining, recreation, educational institutions, and regional transportation corridors. The surrounding area provides an established residential environment with access to the broader amenities and economic drivers such as Roadhouse Cinemas, Vasa Fitness etc that continue to support demand for rental housing throughout the Colorado Springs market. For investors, 3006 & 3014 North Institute Street offers an opportunity to acquire a compact multifamily asset with four individual income-producing units and potential for future value enhancement. The property is also an excellent fit for an owner-occupant, with one unit currently vacant and ready for immediate move-in. Live in one unit while generating rental income from the remaining units, providing an attractive opportunity to offset housing costs while building long-term equity. The combination of existing cash-flow potential, owner-occupant flexibility, and opportunities to enhance long-term income and value makes this asset well suited for both investors and buyers looking to house hack in Colorado Springs.

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Multi-Family Active

Price

$ 660,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,525

Style

Traditional

Year Built

1954

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2124802

Features
Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Tile
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 2304
Laundry Features In Unit
Total Bedrooms 8
Total Baths 4
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Composition
Appliances Freezer Oven Range Refrigerator
Zoning R-5
Garage Spaces 0
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Frame
Exclusions Tenants' personal property.
Year Built 1954
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Venetian Village
Status Active
High School Coronado
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 Edison
Tax Annual Amount 1525
Middle/Junior High School Mann
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
Water Source Public
Total Parking 4
Building Area Total 2304
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Internal Only
Street Number 1 3006
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* Excluded Features
List By
Cushman & Wakefield

Broker

(417) 459-2155

Phone

Affordability Calculator

$4,294
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,167
Monthly Property Taxes
$127
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
3043744 Elementary School
1625896 Middle School
Coronado High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$660,000 Listed Price

Map


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3006 & 3014 N Institute Street, Colorado Springs, CO, 80907 is a Multi-Family Home for sale at $660,000 with 2,304 sqft. 3006 & 3014 N Institute Street has 8 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 80907 which is in Colorado Springs, CO