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423 N 30th St
Colorado Springs, CO 80904
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Prime Westside Location
- Outdoor Recreation and Lifestyle Amenities
- Population and Employer Growth
- Attractive Unit Mix and Differentiated Offerings
- Strong Regional Economy
- Tourism and Lifestyle Demand
Executive Summary
423 N 30th Street is a well-located four-unit multifamily property positioned on the desirable west side of Colorado Springs, just minutes from the historic Old Colorado City corridor and major outdoor recreation amenities. Constructed in 1951, the approximately 2,999-square-foot building features four spacious two-bedroom units, providing an attractive housing option for renters seeking proximity to employment centers, outdoor recreation, and neighborhood retail.
The property benefits from strong rental demand driven by the region’s expanding population, military presence, and tourism economy. Colorado Springs continues to experience sustained economic growth supported by aerospace, defense, technology, and tourism sectors, along with a steady influx of new residents drawn by the area’s quality of life and outdoor amenities.
Located roughly one and a half miles from Garden of the Gods and minutes from downtown, the property offers tenants convenient access to recreation, dining, and employment centers while maintaining a quieter residential setting. The area’s strong fundamentals and limited multifamily inventory make this asset an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.
The property benefits from strong rental demand driven by the region’s expanding population, military presence, and tourism economy. Colorado Springs continues to experience sustained economic growth supported by aerospace, defense, technology, and tourism sectors, along with a steady influx of new residents drawn by the area’s quality of life and outdoor amenities.
Located roughly one and a half miles from Garden of the Gods and minutes from downtown, the property offers tenants convenient access to recreation, dining, and employment centers while maintaining a quieter residential setting. The area’s strong fundamentals and limited multifamily inventory make this asset an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.
Property Facts
| Price Per Unit | $249,441 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 2,999 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Zoning | R4 | ||
| Price Per Unit | $249,441 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 2,999 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | R4 |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Family Room
- Freezer
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 74023-12-081 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $66,084 CAD |
Property Taxes
Parcel Number
74023-12-081
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$66,084 CAD
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