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(720) 432-8695
The New Horizons Team
33 University Dr, Colorado Springs, CO 80910
- $670,000
- 8
- BD
- 4
- BA
- 3,111
- SqFt
- List Price
- $670,000
- Status
- ACTIVE
- MLS#
- 3703452
- Price Change
- ▼ $20,000 1792644913
- Year Built
- 1969
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,111
- Region
- Out of Area
- Subdivision
- Colorado Springs
Property Description
33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.
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Additional Information
- Taxes
- $1,408
- School District
- Colorado Springs 11
- Elementary School
- Monroe
- Middle School
- Holmes
- High School
- Doherty
- Heating
- Forced Air
- Utilities
- Master Metered, Separate Meters
- Garage Spaces
- 8
- Tenant Pays
- Electricity
- Zoning
- R5 AO
Listing courtesy of Lee Wagner.
lee.wagner@cushwake.com,417-459-2155
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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.