Well-Maintained 4-Unit Investment Property with Strong Rental History This fully leased 4-unit complex offers a solid investment opportunity with stable, long-term tenants—no vacancies over the past three years. Each lease has been recently renewed, ensuring continued cash flow. Three of the four units have been thoughtfully renovated and feature updated appliances for modern living. Additional amenities include two dedicated storage units per apartment, providing valuable extra space. All utilities are billed back to tenants, maximizing net operating income. There is also a Common Storage are and Coin operated Laundry area. Ideally located near the Amazon Distribution Center and Fort Carson, the property offers convenient access to major employment hubs—making it highly attractive to renters.
For sale
$679,000
3681 Michigan Ave, Colorado Springs, CO 80910
7beds
4baths
3,111sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
Dedicated storage unitsUpdated appliances
- 24 days
- on Zillow |
- 138 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 10:48am
Listed by:
Bryan Decker 719-339-3210,
Exp Realty LLC
Source: Pikes Peak MLS,MLS#: 9217803

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: None
Interior area
- Total structure area: 3,111
- Total interior livable area: 3,111 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Lot
- Size: 7,801.6 Square Feet
Details
- Parcel number: 6415412028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Framed on Lot
Condition
- Existing
- New construction: No
- Year built: 1969
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $558,733
- Annual tax amount: $1,868
- Date on market: 6/19/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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