2521 Astrozon Circle Colorado Springs, CO $ 650,000
2521 Astrozon Circle
$ 650,000
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2521 Astrozon Circle

Colorado Springs, CO, 80916
$ 650,000
Baths0.0 Sq 3,536

Monthly Estimate*

$ 4,055

Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
2521 Astrozon Circle, Colorado Springs, CO 80916 - Image 1
2521 Astrozon Circle, Colorado Springs, CO 80916 - Image 2
2521 Astrozon Circle, Colorado Springs, CO 80916 - Image 3
2521 Astrozon Circle, Colorado Springs, CO 80916 - Image 4
2521 Astrozon Circle, Colorado Springs, CO 80916 - Image 5
Studio

Multi-Family Home for sale in Colorado Springs, CO

for $650,000. This 3,536 square foot home was built in 1984.

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2481 and 2521 Astrozon Circle, two adjacent multifamily properties located in the high-demand Southeast submarket of Colorado Springs. Offered together or separately at a combined price of $1,275,000, these properties feature a total of eight units, seven of which have been recently renovated with updated flooring, modernized kitchens and bathrooms, and fresh interior finishes that appeal to today’s renters. Six of the eight units have also been upgraded with mini-split air conditioning systems, offering enhanced climate control and energy efficiency. This is a compelling operational value-add investment. The current owner has already completed nearly all of the interior capital improvements required to bring the properties up to market standards, significantly reducing the need for further capital expenditures in the near term. With the units in great condition and rents currently below market, there is immediate upside potential through lease turnover and rent increases, allowing a new investor to drive revenue growth without the burden of heavy renovation costs. Situated in a well-established rental corridor near schools, shopping centers, public transportation, and major employment hubs, both properties are ideally located to attract and retain quality tenants. For investors seeking a clean, low-maintenance multifamily opportunity with in-place cash flow and strong rent growth potential, 2481 and 2521 Astrozon Circle offer a rare combination of stability and upside in one of Colorado’s most dynamic rental markets.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,942

Style

Quadruplex

Year Built

1984

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

8059195

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Other
Zoning R5 AO
Garage Spaces 0
Construction Materials Wood Siding
Exclusions N/A
Year Built 1984
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Pikes Peak Park Sub No 28 Resub of Lot 1
Status Active
High School Sierra High
City Colorado Springs
Senior Community Y/N N
High School District Harrison 2
Carport Spaces 0
Listing Terms Conventional
Elementary School Giberson
Tax Annual Amount 1942
Middle/Junior High School Panorama
Structure Type Quadruplex
Standard Status Active
Middle/Junior School District Harrison 2
Elementary School District Harrison 2
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Exterior
Total Parking 0
Building Area Total 3536
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Interior
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 3536
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Internal Only
Street Number 1 2521
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* Excluded Features
List By
Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.

Broker

(303) 328-2034

Phone

Affordability Calculator

$4,217
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$162
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
4675514 Elementary School
1912906 Middle School
Sierra High High School
Pricing History
DatePricePrice ChangeDescription
8/4/2025$650,000 Listed Price

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2521 Astrozon Circle, Colorado Springs, CO, 80916 is a Multi-Family Home for sale at $650,000 with 3,536 sqft. 2521 Astrozon Circle is a studio with 0.0 baths and was built in 1984. The property's zip code is 80916 which is in Colorado Springs, CO