1845 Zebulon Drive is a well-maintained quadplex located in the Southeast area of Colorado Springs. Built in 1984, this multi-family property sits on approximately 0.3 acres and offers a strong value-add opportunity for investors. Each of the four units is roughly 800 square feet and includes two bedrooms and one bathroom. The interiors feature hardwood flooring, walk-in closets, and functional kitchens equipped with a dishwasher, refrigerator, and disposal. Additional comforts include forced air heating, central air conditioning, and aesthetic fireplaces in the living areas.
The building’s exterior is professionally xeriscaped, promoting low-maintenance landscaping and water conservation. A shared coin-operated laundry area is conveniently located just outside the units, and off-street parking is available for tenants. The owner currently covers water, sewer, and trash services, helping reduce tenant turnover and contributing to operational efficiency.
Located close to major military installations like Fort Carson and Peterson Air Force Base, the property is ideally situated to attract military tenants. It's also near local schools and has easy access to public transportation and major roadways. With thoughtful upgrades and professional management, 1845 Zebulon Drive presents a compelling investment opportunity in a growing submarket of Colorado Springs.
Sold for $620,000 on 07/11/25
$620,000
1845 Zebulon Drive, Colorado Springs, CO 80910
8beds
4baths
3,404sqft
Quadruplex
Built in 1984
-- sqft lot
$619,800 Zestimate®
$182/sqft
$1,630 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 12:00pm
Listed by:
Andrew Stephens 303-328-2034 andrew.stephens@marcusmillichap.com,
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Bought with:
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
Source: REcolorado,MLS#: 8460637

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Natural Gas
Cooling
- Air Conditioning-Room
Features
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,404
- Total interior livable area: 3,404 sqft
- Finished area above ground: 3,404
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 6427111061
- Zoning: R5 AO
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Other
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Zebulon Sub
Other
Other facts
- Listing terms: 1031 Exchange
- Ownership: Individual
Services availability
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Estimated market value
$619,800