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$725,000
1065 Magnolia St, Colorado Springs, CO, 80907
8
Beds
4
Baths
3,348
Square Feet
Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.
Offered By
Nic Polaski, Cushman & Wakefield
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Square Feet
3,348
MLS #
7340352
Heating
Baseboard
Utility Features
Master Meter-Gas, Separate Meter Electricity
SEWER
Public Sewer
WATER SOURCE
City
Year Built
1971
Roof
Rubber
EXTERIOR FEATURES
Balcony
PARKING SPACES
6
Parking Features
Off Street
Garage spaces
6
CITY
Colorado Springs
SUBDIVISION
Cragmoor
COUNTY
El Paso
AREA
Out of Area
STATE
CO
COMMUNITY FEATURES
Community Laundry
TAX AMOUNT
2315.0
LATEST UPDATE
2026-04-29T02:28:42.834Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$725,000 Apr 28, 2026
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Square Feet
3,348
MLS #
7340352
New Properties On Market
6
Average Asking Price
$514,733
Average Asking Price / Sq. Ft.
$249
Average Days On Market
29
Data as of Apr 29, 2026.
Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Mar 31, 2026.