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Home » Real Estate » CO » Colorado Springs » 80903 » 823 N Royer St, Colorado Springs, CO, 80903
$905,000

823 N Royer St, Colorado Springs, CO, 80903

7 Beds
5 Baths
3,776 Square Feet
Don't miss out on this rare opportunity to own multi-family property in beautiful Colorado Springs! Newer Tri-plex (built in 2011) with stucco exterior finish. this property has an incredible unit mix: main floor unit is a 4 bed/ 3 bath + attached 3 car garage. Upper unit is a 2 bed / 1 bath + 1 car attached garage. Lower unit is a 1 bed/1 bath unit all with separate entrances and separate in-unit laundry facilities. Tenants will enjoy the beautifully maintained common space with a pergola that is beautifully suited for a summer BBQ to bring everyone together if they choose OR entertain guests individually! Either way, it is a great set up for outdoor living and soaking up the fresh Colorado air! Perfect for multi-generational living to care for those you love closely, but still maintain independence or dip your toe into house hacking. You could live in one unit and rent out the others or simply rent them all out for passive income. The possibilities are endless! A bike ride drops you at the Colorado College campus or Downtown Colorado Springs where you can enjoy parks, dining, shopping, and entertainment. A short commute to Military Bases and easy access to I-25 make this a great location to own rental property.
Offered By
Brenton Hanes 303-289-7009, Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Englewood

Property Details

Property Type Residential Income
Status Closed
Bedrooms 7
Property Sub Type Income Property
Square Feet 3,776
MLS # 9082436

Market Trends

New Properties On Market
4
43% Decrease In New Listings
Average Asking Price
$718,475
$226,533 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$260
$5 Increase In List Price/Sq. Ft.
Average Days On Market
16
30 Day Decrease In Days On Market
Data as of Aug 05, 2025. Remaining statistics above are calculated on activity within the period from Jun 01, 2025 to Jul 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 8/5/2025 at 10:49 am