Colorado Springs, CO 80910

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Presented By: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.; andrew.stephens@marcusmillichap.com,303-328-2034
  • MLS# 8460637
  • 05/01/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 3,404
  • Garage • 8

Home Details

1845 Zebulon Drive is a well-maintained quadplex located in the Southeast area of Colorado Springs. Built in 1984, this multi-family property sits on approximately 0.3 acres and offers a strong value-add opportunity for investors. Each of the four units is roughly 800 square feet and includes two bedrooms and one bathroom. The interiors feature hardwood flooring, walk-in closets, and functional kitchens equipped with a dishwasher, refrigerator, and disposal. Additional comforts include forced air heating, central air conditioning, and aesthetic fireplaces in the living areas. The building's exterior is professionally xeriscaped, promoting low-maintenance landscaping and water conservation. A shared coin-operated laundry area is conveniently located just outside the units, and off-street parking is available for tenants. The owner currently covers water, sewer, and trash services, helping reduce tenant turnover and contributing to operational efficiency. Located close to major military installations like Fort Carson and Peterson Air Force Base, the property is ideally situated to attract military tenants. It's also near local schools and has easy access to public transportation and major roadways. With thoughtful upgrades and professional management, 1845 Zebulon Drive presents a compelling investment opportunity in a growing submarket of Colorado Springs.
Presented By: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.; andrew.stephens@marcusmillichap.com,303-328-2034

Interior Features for

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3404
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NNo

General for

Attached Garage No
CityColorado Springs
Construction MaterialsWood Siding
CoolingRoom Air Conditioner
CountyEl Paso
Elementary SchoolCentennial
ExclusionsN/A
Garage Spaces8
Garage Y/NYes
Gas Y/NNatural Gas
HOANo
High SchoolSierra High
High School DistrictHarrison 2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolCarmel
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameZebulon Sub
Tax Annual Amount1735
Tax Year2024
UtilitiesNatural Gas Available
Waterfront Y/NNo
Year Built1984
ZoningR5 AO

Exterior for

Building Area Total3404
Covered Spaces8
Horse Y/NNo
SpaNo

Additional Details

Price History

Schools

Middle School Carmel Middle School
Elementary School Centennial Elementary School
High School Sierra High

Jon Holsten

Price $625,000
MLS#8460637
List Date 05/01/2025
Property Type Income
Phone 970.237.2752
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