135 University Drive Colorado Springs, CO $ 635,000
135 University Drive
$ 635,000
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135 University Drive

Colorado Springs, CO, 80910
$ 635,000
Baths0.0 Sq 3,381

Monthly Estimate*

$ 3,962

Listed by NorthPeak Commercial Advisors, LLC
135 University Drive, Colorado Springs, CO 80910 - Image 1
135 University Drive, Colorado Springs, CO 80910 - Image 2
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135 University Drive, Colorado Springs, CO 80910 - Image 4
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135 University Drive, Colorado Springs, CO 80910 - Image 10
Studio

Multi-Family Home for sale in Colorado Springs, CO

for $635,000. This 3,381 square foot home was built in 1969 on a lot size of 0.19.

135 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.

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Multi-Family Active

Price

$ 635,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,924

Style

Quadruplex

Lot Size

0.19

Year Built

1969

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

3596527

Features
General
Sewer Public Sewer
Heating Electric
Cooling Other
Roof Unknown
Zoning R5 AO
Garage Spaces 0
Construction Materials Brick
Exclusions TBD
Year Built 1969
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
Gross Income 52492
County El Paso
Operating Expense 17156
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Colorado Springs
Status Active
High School Mitchell
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 8450
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Columbia
Tax Annual Amount 1924
Middle/Junior High School Galileo
Structure Type Quadruplex
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Cap Rate 5.56
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Exterior
Total Parking 4
Lot Size Area 8450
Building Area Total 3381
Lot Size Acres 0.19
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Interior
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 3381
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Internal Only
Street Number 1 135
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* Excluded Features
List By
Northpeak Commercial Advisors, Llc

Broker

(720) 939-2943

Phone

Affordability Calculator

$4,122
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,962
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3043887 Elementary School
3043477 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2025$635,000 Listed Price

Map


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135 University Drive, Colorado Springs, CO, 80910 is a Multi-Family Home for sale at $635,000 with 3,381 sqft and a lot size of 0.19. 135 University Drive is a studio with 0.0 baths and was built in 1969. The property's zip code is 80910 which is in Colorado Springs, CO