329 S Murray Boulevard # A, B, C, D Colorado Springs, CO $ 700,000
329 S Murray Boulevard # A, B, C, D
$ 700,000
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329 S Murray Boulevard # A, B, C, D

Colorado Springs, CO, 80916
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,420

329 S Murray Boulevard # A, B, C, D, Colorado Springs, CO 80916 - Image 1
329 S Murray Boulevard # A, B, C, D, Colorado Springs, CO 80916 - Image 2
329 S Murray Boulevard # A, B, C, D, Colorado Springs, CO 80916 - Image 3
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329 S Murray Boulevard # A, B, C, D, Colorado Springs, CO 80916 - Image 6
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Studio

Single Family Home for sale in Colorado Springs, CO

for $700,000. This home was built in 1974 on a lot size of 0.2208.

Well-Maintained Colorado Springs 4-Plex – Strong Rents, Updated Major Systems & Immediate Income. Excellent opportunity to acquire a well-kept 4-plex with strong existing rents, recent improvements, & one vacant unit offering immediate flexibility for a new owner. . Unlike many multifamily properties that require substantial deferred-maintenance investment after closing, this property has benefited from important capital improvements. A new roof was installed in 2026, and the furnaces & water heaters have been updated within approximately the last four years. Each unit has its own furnace & water heater, providing separation of major mechanical systems and simplifying ongoing ownership & maintenance. Each residence also includes a stackable washer/dryer, an attractive convenience for tenants. Tenants pay all utilities, helping the owner maintain more predictable operating expenses and preserve net operating income. With three units already producing income, an investor can acquire an operating asset rather than starting from scratch. The vacant fourth unit creates additional upside and flexibility, allowing the new owner to place a tenant, evaluate current market rent, make strategic improvements, or potentially occupy the unit depending on the buyer's investment strategy and financing. Conveniently located along the Murray Boulevard corridor with access to employment, shopping, transportation and major Colorado Springs thoroughfares, the property offers the combination investors look for: existing cash flow, strong rental income, tenant-paid utilities, updated major components, multiple income streams and limited immediate capital needs. Three units are rented and the fourth is advertised for rent currently and just recently vacated; this property has a solid history of renting quickly with stable tenants. This is an appealing opportunity for both experienced multifamily investors as well as an owner-occupied "get started" investor.

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Single Family Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 2,161

Style

Fourplex

Lot Size

0.2208

Year Built

1974

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

8748635

Features
General
Living Area 0.0
Sewer Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances 220v in Kitchen Disposal Dryer Kitchen Vent Fan Oven Range Washer
Year Built 1974
Tenant Pays Electricity Gas Sewer Snow Removal Trash Water
Unit Number A B C D
Property Subtype Fourplex
Tax Year 2025
Parcel Number 6414314005
County El Paso
Property Type Income
HOA N
Status Active
City Colorado Springs
High School District Colorado Springs 11
Lot Size Units SqFt
Lot Size Square Feet 9620.0
Property Attached Y/N N
Tax Annual Amount 2161.43
MLS Area Minor None
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/d1240d54-82fc-4481-82a3-3572e92b52ec?wl=true&setAttribution=mls&initialViewType=pano
Assessments Y/N N
Structure Type Framed on Lot Frame
Standard Status Active
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Interior
Basement Full Basement Garden Level Walk Out
Fireplace Features None
Window Features Aluminum
Laundry Features Electric Hook-up Gas Hook-up
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Exterior
Siding Wood
Fencing Rear
Water Source Municipal
Lot Size 9620.0
Lot Size Acres 0.2208
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* Excluded Features
List By
Realty One Group Apex

Broker

(833) 764-2739

Contact

Affordability Calculator

$4,600
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,420
Monthly Property Taxes
$180
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
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$700,000 Listed Price

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329 S Murray Boulevard # A, B, C, D, Colorado Springs, CO, 80916 is a Single Family Home for sale at $700,000 with a lot size of 0.2208. 329 S Murray Boulevard # A, B, C, D is a studio with 0.0 baths and was built in 1974. The property's zip code is 80916 which is in Colorado Springs, CO