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$650,000

Est. payment - /mo

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8 Beds

4 Baths

3,400 SqFt

New

3960 Stonedike DR Colorado Springs, CO 80907

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Theresa Tscheschke Gunal

theresa.realtyone@click2see.us +1(303) 990-2003

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $191

Subdivision Holland Park

MLS Listing ID 3598101

Style Contemporary

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,400

Year Built 1980

Annual Tax Amount $2,492

Tax Year 2024

Lot Size 9,240 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source recolorado

Property Description

***Incredible Investment Opportunity***3960 Stonedike Drive in Colorado Springs, Colorado, represents a compelling opportunity to acquire a stabilized multifamily asset in one of the state's most dynamic rental markets. This well positioned property offers four spacious 2 Bed/1 Bath units featuring updated windows, functional layouts, and on-site laundry facility. Strategically located near key employment hubs, major transportation corridors, and retail centers, the property benefits from strong renter demand and minimal vacancy risk. The surrounding neighborhood continues to experience robust population and economic growth, supporting consistent rent appreciation and long-term value stability. This asset provides investors with a reliable income stream and potential for continued rent growth, supported by the region's constrained housing supply and downward trending occupancy rates. With no need for professional management and limited near-term capital needs, 3960 Stonedike Drive offers both operational efficiency and scalability within a resilient submarket. The property's strong fundamentals, attractive location, and positive market outlook make it an ideal acquisition for investors seeking a secure, cash-flowing multifamily investment in the Colorado Springs market.

Location

State CO

County El Paso

Zoning R5

Interior

Interior Features Ceiling Fan(s)

Heating Baseboard

Cooling None

Flooring Carpet, Vinyl

Fireplaces Number 4

Fireplace Y

Appliance Cooktop, Dishwasher, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Parking Features Asphalt

Fence Partial

View Mountain(s)

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Bi-Level

Structure Type Stucco

Schools

Elementary Schools Jackson

Middle Schools Holmes

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by Cushman & Wakefield

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Theresa Tscheschke Gunal

Broker Associate | License ID: FA.100087128

+1(303) 990-2003

3960 Stonedike DR Colorado Springs, CO 80907

Theresa Tscheschke Gunal

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3960 Stonedike DR