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$799,000

Est. payment - /mo

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8 Beds

3,348 SqFt

New

5535 Tomah DR Colorado Springs, CO 80918

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Thaine Swanson

thaine@c21altitude.com +1(720) 221-1700

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $238

Subdivision Vista Grande Terrace

MLS Listing ID 7352165

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,348

Year Built 1973

Annual Tax Amount $2,720

Tax Year 2025

Lot Size 0.374 Acres

Acres 0.37

Property Sub-Type Quadruplex

Source recolorado

Property Description

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you're expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

Location

State CO

County El Paso

Zoning R-4

Interior

Heating Baseboard, Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplace Y

Appliance Dishwasher, Oven, Range, Refrigerator

Laundry In Unit

Exterior

Garage Spaces 7.0

Utilities Available Cable Available, Electricity Connected

Roof Type Composition

Total Parking Spaces 7

Garage Yes

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Stucco,Vinyl Siding,Wood Siding

Schools

Elementary Schools Fremont

Middle Schools Russell

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/f654fd8a-ee94-4d2e-a0b6-77e2d9688f3c?initialViewType=pano

Listed by House Hunters, LLC

NEARBY SCHOOL & BUSINESS

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Thaine Swanson

Managing Broker | License ID: EA.100077036

+1(720) 221-1700

5535 Tomah DR Colorado Springs, CO 80918

Thaine Swanson

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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5535 Tomah DR

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