3445 Cochran Drive Colorado Springs, CO $ 760,000
3445 Cochran Drive
$ 760,000
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3445 Cochran Drive

Colorado Springs, CO, 80916
$ 760,000
Bedrooms8 Baths4.0 Sq 3,536

Monthly Estimate*

$ 4,799

Listed by Coldwell Banker Realty BK
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Multi-Family Home for sale in Colorado Springs, CO

for $760,000 with 8 bedrooms and 4 full baths. This 3,536 square foot home was built in 1984 on a lot size of 0.19.

Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expense fee to tenants for Water, Trash. Ideal for investors looking to expand their portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Rent roll available with accepted contract. The property offers a functional layout across multiple units and is located within Harrison School District 2, with convenient access to local amenities, military installations, major roadways, and employment centers. This property presents a great value-add opportunity with upside potential through rental optimization or owner occupied option.

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Multi-Family Active

Price

$ 760,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,814

Style

Quadruplex

Lot Size

0.19

Year Built

1984

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

5591151

Features
Interior
Interior Amenities Ceiling Fan(s) Laminate Counters
Basement Daylight Finished
Flooring Vinyl
Total Fireplaces 4
Fireplace Features Family Room Wood Burning
Basement (Y/N) Y
Above Grade Finished Area 1768
Total Bedrooms 8
Below Grade Finished Area 1768
Total Baths 4
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General
Sewer Public Sewer
Heating Forced Air
Cooling None Other
Utilities Cable Available Electricity Connected Internet Access (Wired) Phone Connected
Possession Close Plus 30 Days
Roof Composition
Appliances Dishwasher Disposal Range Refrigerator
Zoning PDZ AO
HOA Fee 875
Garage Spaces 0
Association Fee Includes Snow Removal Trash
Patio/Porch Features Front Porch
Construction Materials Stucco Wood Siding
Exclusions Tenants’ personal property. Any appliances or fixtures owned by tenants. Washer and Dryer appliances in all units.
Year Built 1984
Electric 220 Volts
Tenant Pays Cable TV Electricity Gas Internet Telephone Trash Collection Water
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Corporation/Trust
Gross Income 64800
Assoc Fee Paid Per Annually
County El Paso
Operating Expense 14695.92
Property Type Residential Income
HOA Y
Attached Garage N
Subdivision Name Cochran
Status Active
Directions From I-25 take exit for Circle Dr and head east. Turn right onto Airport Rd then left onto Cochran Dr. Property will be on the right.
High School Sierra High
City Colorado Springs
Association Name Cochran Subdivision Homeowners Association
Entry Location Stairs
Senior Community Y/N N
High School District Harrison 2
Lot Size Units Square Feet
Lot Size Square Feet 8075
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Turman
Tax Annual Amount 1814
Middle/Junior High School Carmel
Property Condition Updated/Remodeled
Ok to Lease 12 Months
Virtual Tour https://www.zillow.com/view-imx/14f03e5e-4041-41c3-a160-793a00f9c1b1?setAttribution=mls&wl=true&initialViewType=pano
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Harrison 2
Elementary School District Harrison 2
Cap Rate 7.5
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Exterior
Exterior Amenities Private Yard
Fencing Partial
Parking Features Asphalt
Water Source Public
Total Parking 6
Lot Size Area 8075
Building Area Total 3536
Lot Size Acres 0.19
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Internal Only
Street Number 1 3445
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* Excluded Features
List By
Coldwell Banker Realty Bk

Broker

(719) 640-8167

Phone

Affordability Calculator

$4,950
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,799
Monthly Property Taxes
$151
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
4371564 Elementary School
3047867 Middle School
Sierra High High School
Pricing History
DatePricePrice ChangeDescription
9/7/2026$760,000 Listed Price

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3445 Cochran Drive, Colorado Springs, CO, 80916 is a Multi-Family Home for sale at $760,000 with 3,536 sqft and a lot size of 0.19. 3445 Cochran Drive has 8 bedrooms, 4.0 baths, and was built in 1984. The property's zip code is 80916 which is in Colorado Springs, CO