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For sale
  • $799,000

    5535 Tomah Dr, Colorado Springs, CO 80918

    8beds
    4baths
    3,348sqft
    : 
    $4,899/mo
    Get pre-qualified
    Quadruplex
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $239/sqft
    $-- HOA

    What's special

    EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.
    2 days
    |
    150
    |
    14
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Denáe Howell MRP 719-323-1442,

    House Hunters, LLC

    Source: elevateMLS,MLS#: 2650251MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Oven, Range, Refrigerator
      • Laundry: Electric Hook-up
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,348
      • Total interior livable area: 3,348 sqft
      Video & virtual tour

      Property

      Accessibility
      • Accessibility features: Stairs to front entrance
      Lot
      • Size: 0.37 Acres
      Details
      • Parcel number: 6321113013

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Alum/Vinyl/Steel, Stucco, Wood Siding, Framed on Lot, Frame
      • Foundation: Not Applicable
      • Roof: Composite Shingle
      Condition
      • Existing
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $755,965
      • Annual tax amount: $2,719
      • Date on market: 8/13/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$799,000$239/sqft
        Source: elevateMLS #2650251 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,147 +154.4%$50,650
        2023$2,023 -9.8%$50,650 +40.1%
        2022$2,244 $36,160 -4.9%
        2021-- $38,030 +30%
        2020$1,985 +0.5%$29,250
        2019$1,975 +20.5%$29,250 +24.1%
        2018$1,638 -5.3%$23,570
        2017$1,729 +5.6%$23,570 -0.5%
        2016$1,638 +19.3%$23,690
        2015$1,373 +12.8%$23,690 +17%
        2014$1,218 $20,240
        2013-- --
        2012-- $20,240
        2011$1,592 $20,240 -25%
        2010-- $26,990
        2009-- $26,990
        2008-- $26,990
        2006-- $26,990 +17.7%
        2004-- $22,930
        2003$1,339 +3.7%$22,930 -2.6%
        2002$1,291 +10.9%$23,540 +17.4%
        2001$1,164 $20,050
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Northeast Colorado Springs

        Getting around

        82 / 100
        Very Walkable
        34 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Colorado Springs 11

        Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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